
New Luxury Apartments for Rent in Phoenix, AZ (225 Rentals)
The most luxurious Apartments in Phoenix with high-end amenities, features, and finishes.


Nova North Valley

Derby PHX

Joy on 4th

Bask Deer Valley

Preston at Biltmore

FLATZ 602

Portrait at Hance Park

Muse Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Altura

Union at Roosevelt

Circa Central Avenue

The Place at Sonoran Trails

Audere Apartments

Ironwood at Happy Valley

The Stewart

MAA Midtown Phoenix
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Onyx Uptown PHX

Broadstone 7th Street

Halogen

Acero at Algodon Center

Village at Camelback Park

Spire Deer Valley

Rosie

Avilla Vista Norte

Lydian

MAA Central Ave

The Rey Downtown

iLuminate
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Crofton

Skye on 6th

Acero North Valley

56 North

Bungalows at Camelback

District at Biltmore Apartments

Callia

ECO PHX

Onyx North Central

Seven Oaks

Refinery at Pointe17
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Ryan

Liv+ Union Peak

Linear

PALMTower

601 Pax

Obsidian at South Mountain

Citrine

Saiya

Village at Liberty Farms

AVE Phoenix Sky
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Phoenix?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Phoenix Studio Apartments | $1,370 | $420 | $5,367 |
Phoenix 1 Bedroom Apartments | $1,643 | $650 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,053 | $805 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,622 | $775 | $10,000+ |
Phoenix 4 Bedroom Apartments | $2,123 | $695 | $10,000+ |
Phoenix 5 Bedroom Apartments | $8,585 | $999 | $10,000+ |
Explore Phoenix

Phoenix, AZ Local Guide
- Phoenix Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Phoenix, AZ
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about New Phoenix Apartments
What is the Cheapest New apartment in Phoenix?
Currently the most affordable New Apartment in Phoenix is at Furnished 1 bed / 1 bath in a 4 bedroom listed at $695.
How much is the average rent for a New Phoenix Apartment?
The average rent for a New Apartment in Phoenix is $2,377.
What is the largest New Phoenix Apartment for rent?
Today's New apartment with the most square footage in Phoenix is a 2,560 square feet unit starting from $3,199 at Novella at Biltmore.
What is the average size for Phoenix New Apartments for rent?
The average size for a New rental in Phoenix is currently at 693 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.