Long-term Rental Rates — June 2026 · ZIPs: 85040,85041,85042,85339
Local market data by Estaite
As of June 2026, rental prices in South Phoenix / Laveen, AZ range from $1,315 to $2,944 per month depending on property type and bedroom count.
The largest year-over-year increase occurred in condo/townhome 3BR units, which rose 5.22%.
Among 3BR rentals, single-family homes are highest at $2,073, compared to $2,065 for apartments and $2,041 for condo/townhomes.
What is the rent range in South Phoenix / Laveen, AZ as of June 2026?
In June 2026, rents in South Phoenix / Laveen, AZ range from $1,315 for a 1BR apartment to $2,944 for a 4BR apartment.
Are rents increasing or decreasing overall in South Phoenix / Laveen, AZ?
In South Phoenix / Laveen, AZ in June 2026, most apartment and single-family segments showed year-over-year decreases (apartments ranged from -0.47% to -3.54% YoY, single-family ranged from -1.19% to -3.67% YoY), while condo/townhome 3BR and 4BR rents increased by 5.22% and 0.17% YoY, respectively.
What is the most expensive rental option in South Phoenix / Laveen, AZ?
The most expensive segment in South Phoenix / Laveen, AZ is 4BR apartments at $2,944 per month as of June 2026.
Which segment saw the biggest month-over-month change in South Phoenix / Laveen, AZ?
The sharpest month-over-month increase was in 2BR condo/townhomes, which rose 6.42% to $1,535 in June 2026.
South Phoenix / Laveen, AZ
June 2026
85040,85041,85042,85339
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,263 – $1,368
0.28%
-2.23%
2-Bedroom
$1,429 – $1,579
-0.41%
-3.54%
3-Bedroom
$1,961 – $2,168
0.23%
-1.95%
4-Bedroom
$2,856 – $3,032
2.00%
-0.47%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,361 – $1,423
4.70%
-3.67%
2-Bedroom
$1,474 – $1,596
6.42%
-1.15%
3-Bedroom
$1,976 – $2,106
2.10%
5.22%
4-Bedroom
$2,754 – $2,924
0.77%
0.17%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,585 – $1,690
-5.09%
-3.67%
2-Bedroom
$1,864 – $1,987
2.19%
-3.39%
3-Bedroom
$1,970 – $2,177
-1.07%
0.24%
4-Bedroom
$2,133 – $2,358
-3.52%
-1.19%
Data updated: July 19, 2026
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.