Are you looking for the ultimate in apartment living in Phoenix, Arizona? Come home to Elara at Paradise Valley, an apartment community like no other. Perfectly situated in the desirable Paradise Valley neighborhood, we offer the best of both worlds - a peaceful retreat within the excitement of Phoenix just moments away. Just minutes from PV, Paradise Valley's newly reimagined lifestyle destination, you'll enjoy an exceptional mix of shopping, dining, entertainment, and everyday conveniences, all part of the area's exciting redevelopment and revitalization. With easy access to the Piestewa Freeway, exploring the best of the Valley is effortless.
Apartment for rent
Special offer
$1,037/moFees may apply
15202 N 40th St, # 14-2271, Phoenix, AZ 85032
1beds
557sqft
Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|
Apartment
Available Sat Nov 7 2026
Cats, dogs OK
Air conditioner
In unit laundry
Covered parking
Other, solar, wood
What's special
- 3 days |
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other, Solar, Wood
Cooling
- Air Conditioner
Appliances
- Included: Microwave Oven, Refrigerator, dryer, washer
- Laundry: In Unit, Shared
Features
- Bar, Breakfast Bar, Other, Pantry
- Windows: Screens, Solar Screens
Interior area
- Total interior livable area: 557 sqft
Property
Parking
- Parking features: Covered, Other
- Details: Contact manager
Features
- Stories: 2
- Patio & porch: Covered, Other
- Exterior features: Barbecue, Lighting, Other
- Pool features: Pool
- Has spa: Yes
- Spa features: Spa
Lot
- Features: Other
Details
- Additional structures: Other
- Other equipment: Other
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 1986
- Major remodel year: 2013
Utilities & green energy
- Utilities for property: Cable Connected
Building
Details
- Building name: Elara at Paradise Valley
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Other, Pool
- Security: Other
HOA
- Amenities included: Cable TV, Dog Park, Fitness Center, Game Room, Laundry, Maintenance, Other, Parking, Picnic Area, Pool, Spa
Location
- Region: Phoenix
Financial & listing details
- Lease term: 13 Months
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $1,037+1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/9/2026 | Price change | $1,027+1.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2026 | Listed for rent | $1,016$2/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: Paradise Valley
Nearby schools
GreatSchools rating
- 4/10Indian Bend Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 8/10Paradise Valley High SchoolGrades: 7-12Distance: 1.2 mi
- 4/10Shea Middle SchoolGrades: 5-8Distance: 3.3 mi
There are 25 available units in this apartment building
- Special offer! Get $750 OFF If You Move In By 7/31! Restrictions apply. Contact leasing office for details.






