South Phoenix / Laveen, AZ

August 2026

85040,85041,85042,85339

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,286 – $1,325	0.05%	-2.11%
2-Bedroom	$1,501 – $1,626	4.24%	1.56%
3-Bedroom	$2,065 – $2,170	2.62%	-1.07%
4-Bedroom	$2,838 – $3,013	-0.20%	-1.15%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,414 – $1,457	1.77%	-1.48%
2-Bedroom	$1,469 – $1,544	-2.45%	-2.02%
3-Bedroom	$1,933 – $2,123	3.15%	3.37%
4-Bedroom	$2,686 – $2,892	-2.99%	-3.04%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,698 – $1,785	-0.48%	2.18%
2-Bedroom	$1,810 – $1,989	-2.44%	-5.36%
3-Bedroom	$1,989 – $2,199	-0.51%	1.34%
4-Bedroom	$2,199 – $2,430	1.23%	2.11%

Data updated: September 23, 2026

South Phoenix / Laveen Rental Trends

In the South Phoenix / Laveen (85040, 85041, 85042, 85339) rental market, 4-bedroom single-family units recorded a median rent of $2,334, with a substantial 6.27% month-over-month increase and 5.80% rise year-over-year. These homes mark the strongest growth among all large-unit segments in both timeframes.

While 2-bedroom apartments in South Phoenix / Laveen (85040, 85041, 85042, 85339) rose 4.18% MoM to $1,517, 2-bedroom condos/townhomes registered only a 1.98% gain, reaching $1,500. Apartments led condos/townhomes by $17 in median rent during the reporting period.

Year-over-year comparisons from South Phoenix / Laveen (85040, 85041, 85042, 85339) rental trends reveal 1-bedroom condo/townhome rents declined 4.98% to $1,343, compared to a 0.49% drop for 1-bedroom apartments to $1,327. This signifies a sharper annual decrease for condos in the smallest unit segment.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,305	$1,564	$2,118	$2,926
July 2026	$1,471	$1,720	$2,127	$3,069
June 2026	$1,315	$1,504	$2,065	$2,944
May 2026	$1,312	$1,529	$2,070	$2,869
April 2026	$1,327	$1,517	$2,032	$2,864
March 2026	$1,378	$1,477	$2,100	$2,950
February 2026	$1,359	$1,466	$2,067	$2,968
January 2026	$1,285	$1,468	$2,050	$2,954
December 2025	$1,304	$1,472	$2,122	$2,973
November 2025	$1,296	$1,497	$2,127	$2,989
October 2025	$1,281	$1,464	$2,174	$3,011
September 2025	$1,303	$1,483	$2,147	$3,025

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,435	$1,506	$2,028	$2,789
July 2026	$1,508	$1,695	$2,013	$2,835
June 2026	$1,392	$1,535	$2,041	$2,839
May 2026	$1,342	$1,449	$2,014	$2,802
April 2026	$1,343	$1,500	$1,859	$2,753
March 2026	$1,392	$1,482	$1,956	$2,766
February 2026	$1,409	$1,489	$1,941	$2,840
January 2026	$1,406	$1,549	$2,043	$2,795
December 2025	$1,412	$1,570	$2,022	$2,789
November 2025	$1,417	$1,568	$2,051	$2,771
October 2025	$1,420	$1,549	$2,020	$2,767
September 2025	$1,442	$1,599	$2,076	$2,802

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,742	$1,900	$2,094	$2,315
July 2026	$1,724	$1,980	$2,107	$2,329
June 2026	$1,638	$1,925	$2,073	$2,246
May 2026	$1,757	$1,863	$2,094	$2,328
April 2026	$1,661	$1,898	$2,077	$2,334
March 2026	$1,701	$1,952	$1,996	$2,189
February 2026	$1,708	$1,971	$1,989	$2,196
January 2026	$1,713	$2,007	$1,983	$2,197
December 2025	$1,728	$2,016	$1,990	$2,184
November 2025	$1,732	$2,037	$2,001	$2,218
October 2025	$1,730	$2,039	$2,011	$2,238
September 2025	$1,726	$2,037	$2,050	$2,264

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