Apartments for Rent in Phoenix, AZ

Phoenix (aka, The Valley of the Sun) is one of the nation's fastest-growing major metropolitan areas, with suburbs and villages spanning throughout south-central Arizona in a low desert valley. Its extreme desert climate of long, hot summers and short, mild winters makes Phoenix a paradise for any outdoor enthusiast, providing year-round opportunities for exclusive hiking experiences, water-driven activities, and golf courses. For those who'd rather stay cool indoors, there's a robust arts, professional sports, shopping, and dining scene within the cities of Phoenix, Mesa, Glendale, Tempe, and Scottsdale, featuring teams like the Phoenix Suns, Arizona Diamondbacks, and Arizona Cardinals, along with popular venues such as Footprint Center and Chase Field.

If you're considering moving to Phoenix, you'll be happy to know the cost of living in the Phoenix Metropolitan area is relatively low in comparison to the rest of the United States. In terms of renting, living in a studio or one-bedroom apartment is significantly cheaper than the US average, but as the number of bedrooms increases, the cost of rent rises slightly above the national average. Due to its extreme hot weather temperatures, residents need to factor in the need for constant air-conditioning, which directly spikes higher utility costs. On the plus side, income tax rates run on the lower end and range from 2.59% to 4.50%, and gas prices are usually reasonable, which is favorable for commuting.

Phoenix is a well-rounded metropolitan area that balances community, amenities, activities, and comfort. It integrates urban city advantages with relaxed suburban luxury and convenience. Sports, golfing, and hiking are extremely popular throughout, while the desert climate guides activity. During hotter seasons, people head to gigantic waterparks, float down rivers, and enjoy air-conditioned entertainment. If you're moving to Phoenix to escape the cold, you'll be happy to hear winters are pleasant with highs between the 60s and 70s. For anyone moving to escape a bustling and crowded city, Phoenix also has some of the lightest traffic of any big city in America and an implemented street grid system that makes getting around a lot easier. The cost of living in Phoenix has seen an increase, with housing prices rising significantly in recent years, reflecting its growing popularity.

The Phoenix Metropolitan area is home to more than two-thirds of Arizona's overall population and continues to be one of the fastest-growing metros in the country, having experienced exceptional growth over the past 25 years. As of the latest census, Phoenix's population has surpassed 1.7 million residents. The city's culture is a product of its climate and geography; the sunny southwestern location gives it a laid-back feel and makes it an extremely active metropolitan area filled with endless hiking trails and water systems throughout the desert landscape, along with sprawling golf courses.

Phoenix fuels Arizona's economy, and most of the jobs span technology, business, and tourism industries. Similar to other cities and states that enjoy more sunny days than cloudy ones, Phoenix's economy plays to its natural strengths and depends on the revenue from out-of-towners to thrive. The city of Phoenix has also been a fruitful ground for start-ups, entrepreneurs, and local companies, hosting events like Phoenix Startup Week that attracts tens of thousands of entrepreneurs annually. The median household income is approximately $62,000, and the unemployment rate is slightly lower than the US average, with future job growth projected at 38.6% through 2026.

Phoenix is home to the NFL Arizona Cardinals, NBA Phoenix Suns, MLB Arizona Diamondbacks, and NHL Arizona Coyotes. It is also the site for Major League Baseball spring training, with 15 MLB teams, making up what's known as the Cactus League, training throughout various stadiums within the metropolitan area. This annual event of baseball teams flooding into Arizona every spring has an enormously positive impact on the greater Phoenix metropolitan area economy. Arizona State University is the major public university in Phoenix, with five campuses throughout the metropolitan area. Aside from academia, it's known for D-1 NCAA sports that rally loud and proud fans to cheer on the ASU Sun Devils.

The attractions and landmarks within the Phoenix Metro are dynamic and plentiful, with both indoor and outdoor attractions. The Arizona Science Center piques the interest of curious minds with a hands-on educational approach while the Heard Museum of Native Cultures and Art pays homage to the community's Native American history and presence. Phoenix Metropolitan cities boast some of the country's largest waterparks, fitting, given the extreme hot weather during its long summers. Phoenix is most notably known for its natural land that's conducive to world-class golf courses, hike-able desert mountains and peaks, and desert nature found in places like the Desert Botanical Garden.