North Phoenix / Norterra, AZ
August 2026
85085,85086
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,539 – $1,650 | 4.21% | 9.33% |
| 2-Bedroom | $1,802 – $1,921 | 7.62% | 5.42% |
| 3-Bedroom | $2,286 – $2,437 | 5.19% | 3.16% |
| 4-Bedroom | $3,164 – $3,360 | 1.66% | 1.41% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,481 – $1,557 | 1.22% | -1.81% |
| 2-Bedroom | $1,787 – $1,879 | 0.70% | 0.20% |
| 3-Bedroom | $2,227 – $2,341 | 1.28% | 0.46% |
| 4-Bedroom | $3,182 – $3,379 | 5.62% | 0.83% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,754 – $1,870 | 1.37% | -3.01% |
| 2-Bedroom | $2,153 – $2,264 | 4.22% | -0.69% |
| 3-Bedroom | $2,247 – $2,434 | -6.19% | -1.49% |
| 4-Bedroom | $2,603 – $2,848 | -3.05% | -1.50% |
In the North Phoenix / Norterra (85085, 85086) rental market, 1-bedroom apartments declined to a median rent of $1,389, marking a 3.37% decrease year-over-year. Renters seeking smaller units within North Phoenix / Norterra (85085, 85086) are paying less than in July 2025, reflecting a softer pricing environment for entry-level apartments.
Premiums for space are evident in North Phoenix / Norterra (85085, 85086), as 4-bedroom single-family homes surged 7.58% month-over-month to $2,722. This rent stands $468 above 4-bedroom apartments at $3,254, confirming elevated monthly price appreciation in the detached housing segment.
By comparison, North Phoenix / Norterra (85085, 85086) rental trends reveal 3-bedroom condos at $2,126, trailing single-family homes by $223 as those reached $2,349. This gap highlights how the market continues to set higher values for detached properties in multi-bedroom categories.