Phoenix, AZ Rent History
141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,571
1-year change
+1.1%
$17/mo
5-year change
+6.1%
$90/mo
10-year change
+72.8%
$662/mo
Monthly rent trend
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Year-by-year rent in Phoenix
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $837/mo | — | 0.0% |
| 2016 | $887/mo | +6.0% | +6.0% |
| 2017 | $946/mo | +6.7% | +13.0% |
| 2018 | $1,009/mo | +6.7% | +20.5% |
| 2019 | $1,094/mo | +8.4% | +30.7% |
| 2020 | $1,180/mo | +7.9% | +41.0% |
| 2021 | $1,316/mo | +11.5% | +57.2% |
| 2022 | $1,579/mo | +20.0% | +88.6% |
| 2023 | $1,588/mo | +0.6% | +89.7% |
| 2024 | $1,576/mo | -0.8% | +88.3% |
| 2025 | $1,572/mo | -0.3% | +87.8% |
| 2026 | $1,548/mo | -1.5% | +84.9% |
Frequently asked questions
How much has rent in Phoenix changed since 2015?
Median rent in Phoenix, AZ was $819 in 2015-01 and is $1,571 as of 2026-09 — a change of $752 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 +6.1% ($90 per month). The current median is $1,571.
What has rent in Phoenix done over the past decade?
Over the past 10 years, median rent in Phoenix, AZ has changed +72.8% ($662 per month). It is now $1,571.
Is rent in Phoenix going up or down year over year?
Year over year, median rent in Phoenix, AZ has increased +1.1% ($17/mo). Current median: $1,571.