South Phoenix renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in South Phoenix is about $1,351 per month. This puts it in the 63rd percentile compared to the city average cost of rent, which is $1,473. Households in South Phoenix have a median income of $5,889 per month so the average renter in South Phoenix is spending roughly 23% of their earnings on housing.
Nationally, and in South Phoenix, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Phoenix is $235,424 right now, which is lower than nearby neighborhoods, meaning that rents in South Phoenix also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the western parts of South Phoenix while lower rent rates are often available in northeastern areas.
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