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Apartments For Rent in Phoenix, AZ

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Apartments for Rent in Phoenix, AZ

Phoenix, a large city in Arizona, has a population of slightly less than 1.6 million. With an average age of just under 35, the city's population skews younger than most cities in Arizona. A narrow majority of residents own their homes (54%) as opposed to renting (47%) in Phoenix. The average rent is roughly on par with the state average of $1,043 per month.

Among residents over the age of 25 in Phoenix, 11% possess a Bachelor's degree and 5% have a Master's or Doctoral degree. There are two primary industries in Phoenix: retail and healthcare. Combined, these industries account for 13% of the city's workforce. Meanwhile, in terms of job function, 8% of residents work in sales, making it the top profession in the city. With an average annual income of just over $68,000, Phoenix workers take home roughly the same as their peers elsewhere in Arizona. Phoenix, however, compares less favorably to the national average ($73,345).

Phoenix residents have an average commute of about 28 minutes. Many residents (40%) drive their car or truck to work, while public transit is not widely used. Walking isn't a common method of commuting to work.