Elara at Paradise Valley is delighted to offer exceptional floor plans that cater to every lifestyle. Choose from studio, one, and two bedroom apartments for rent featuring an impressive selection of stylish amenities that take life to the next level. You'll love the stainless steel appliances, complemented by quartz countertops and a breakfast bar. Step into luxury with wood-style flooring and horizontal wood accents. White shaker-style cabinets and tile backsplash are special touches designed for you, and we've added solar screens to enhance your comfort.
Apartment for rent
Special offer
$1,157/mo
Fees may apply
15202 N 40th St, # 4-1214, Phoenix, AZ 85032
2beds
962sqft
Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|
Apartment
Available Mon Sep 7 2026
Cats, dogs OK
Air conditioner
In unit laundry
Covered parking
What's special
Solar screensBreakfast barWhite shaker-style cabinetsTile backsplashQuartz countertopsStainless steel appliancesHorizontal wood accents
- 15 days |
- -- |
- -- |
Zillow last checked:
Listing updated:
Travel times

Let’s turn your rent into credit progress
Build credit history with every on-time payment and get credit for the payment you’re already making.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Air Conditioner
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer
- Laundry: In Unit, Shared
Interior area
- Total interior livable area: 962 sqft
Property
Parking
- Parking features: Covered, Parking Lot, Other
- Details: Contact manager
Features
- Stories: 2
- Exterior features: Breakfast Bar, Business Center, Copy & Fax Services, Full Renovation, Game Room, High-speed Internet Ready, Horizontal Wood Accents, LED Lighting, Mirrored Closet Doors, On-Site Maintenance, Pet Park, Picnic Area, Play Area, Quartz Countertops, Solar Screens, Stainless Steel Appliances, Tile Backsplash, Upgraded Lighting and Plumbing Fixtures, White Shaker Style Cabinets with Pulls, Wood-Like Flooring
- Pool features: Pool
- Has spa: Yes
- Spa features: Hottub Spa
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 1986
- Major remodel year: 2013
Utilities & green energy
- Utilities for property: Cable Available
Building
Details
- Building name: Elara at Paradise Valley
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Pool
HOA
- Amenities included: Fitness Center, Pool
Location
- Region: Phoenix
Financial & listing details
- Lease term: 14 Months
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $1,157-2.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/14/2026 | Price change | $1,183-2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2026 | Price change | $1,208-1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/8/2026 | Price change | $1,228-4.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/4/2026 | Price change | $1,281-0.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2026 | Listed for rent | $1,284$1/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 26 available units in this apartment building
- Special offer! Get $750 OFF If You Move In By 7/31! Free Rent, Unlocked: Lease by Aug. 5 for a chance to win FREE RENT FOR ONE YEAR. No purchase necessary.







