Phoenix, AZ Rent History
138 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$1,569
1-year change
-0.3%
$-4/mo
5-year change
+11.8%
$166/mo
10-year change
+72.0%
$657/mo
Monthly rent trend
Loading…
Year-by-year rent in Phoenix
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $850/mo | — | 0.0% |
| 2016 | $900/mo | +5.9% | +5.9% |
| 2017 | $961/mo | +6.8% | +13.1% |
| 2018 | $1,024/mo | +6.6% | +20.5% |
| 2019 | $1,111/mo | +8.5% | +30.7% |
| 2020 | $1,197/mo | +7.7% | +40.8% |
| 2021 | $1,335/mo | +11.5% | +57.1% |
| 2022 | $1,605/mo | +20.2% | +88.8% |
| 2023 | $1,615/mo | +0.6% | +90.0% |
| 2024 | $1,602/mo | -0.8% | +88.5% |
| 2025 | $1,576/mo | -1.6% | +85.4% |
| 2026 | $1,571/mo | -0.3% | +84.8% |
Frequently asked questions
How much has rent in Phoenix changed since 2015?
Median rent in Phoenix, AZ was $832 in 2015-01 and is $1,569 as of 2026-06 — a change of $737 per month over 11 years.
How much has Phoenix rent increased in the last 5 years?
Over the past 5 years, median rent in Phoenix, AZ has changed +11.8% ($166 per month). The current median is $1,569.
What has rent in Phoenix done over the past decade?
Over the past 10 years, median rent in Phoenix, AZ has changed +72.0% ($657 per month). It is now $1,569.
Is rent in Phoenix going up or down year over year?
Year over year, median rent in Phoenix, AZ has decreased -0.3% ($-4/mo). Current median: $1,569.