South Phoenix / Laveen, AZ · Phoenix metro

September 2026

85040,85041,85042,85339

Long-term Rental Rates

Long-term rental rates for South Phoenix / Laveen (85040,85041,85042,85339), in the Phoenix metro area, as of September 2026.

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,220 – $1,322	2.81%	-3.39%
2-Bedroom	$1,417 – $1,535	-4.92%	-0.50%
3-Bedroom	$2,018 – $2,230	2.84%	-0.06%
4-Bedroom	$2,790 – $2,963	-1.50%	-2.58%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,310 – $1,377	-4.58%	-6.85%
2-Bedroom	$1,466 – $1,542	-0.05%	-2.35%
3-Bedroom	$1,908 – $2,067	-4.39%	-2.64%
4-Bedroom	$2,804 – $2,977	3.98%	2.18%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,744 – $1,859	3.46%	4.95%
2-Bedroom	$1,877 – $2,001	1.30%	-4.47%
3-Bedroom	$1,910 – $2,111	-4.22%	-1.74%
4-Bedroom	$2,238 – $2,424	0.63%	2.82%

Data updated: October 19, 2026

South Phoenix / Laveen Rental Trends · Phoenix metro

In the South Phoenix / Laveen (85040, 85041, 85042, 85339) rental market, 2-bedroom apartments registered a 4.24% month-over-month increase to $1,564 in August 2026. This segment saw the sharpest monthly gain among apartments, signaling heightened demand for midsize units in South Phoenix / Laveen (85040, 85041, 85042, 85339).

For August 2026, 3-bedroom condos in South Phoenix / Laveen (85040, 85041, 85042, 85339) reached $2,028, with a 3.37% year-over-year increase. This YoY growth outpaces the 1.34% rise among 3-bedroom single-family homes, showing stronger appreciation in the condo segment.

During August 2026, rental data show 2-bedroom single-family homes experienced a 5.36% year-over-year decline, landing at $1,900. These figures shape South Phoenix / Laveen (85040, 85041, 85042, 85339) rental trends as the 2BR single-family segment saw the steepest annual drop among major property types.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
September 2026	$1,271	$1,476	$2,124	$2,877
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

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
September 2026	$1,344	$1,504	$1,987	$2,891
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

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
September 2026	$1,801	$1,939	$2,011	$2,331
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

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