Apartment & townhome directory · Phoenix, AZ

Elara at Paradise Valley

15202 N 40th Street, Phoenix, AZ 85032

Studio · 1 bedroom · 2 bedroomsApprox. 528–962 sq ft

Pool & spaPool and poolside area at Elara at Paradise Valley.

KitchenApartment kitchen — representative home at Elara at Paradise Valley.

See all 12 photos ↗

Get to know the community

Studios through two-bedroom homes with quartz kitchens and shared laundry.

Elara at Paradise Valley offers studios, one-bedroom homes and two-bedroom apartments on North 40th Street. The three published layouts span approximately 528, 557 and 962 square feet. Kitchen finishes include quartz countertops, stainless-steel appliances, a breakfast bar, white shaker cabinets and tile backsplash. Solar screens, LED lighting and wood-style flooring are also listed, while in-home washers and dryers are offered in selected homes.

Residents have shared laundry facilities, covered parking, a pool and spa, a fitness center and a clubhouse with billiards. The dog park, play area and picnic area with barbecues provide outdoor spaces. The pet policy welcomes up to two cats or dogs.

Spaces & layouts

Floor plans.

Floor plans for Elara at Paradise Valley
Layout	Bedrooms	Bathrooms	Approx. area
A1	Studio	1 full	Approx. 528 sq ft
A2	1 bedroom	1 full	Approx. 557 sq ft
B1	2 bedrooms	2 full	Approx. 962 sq ft

Advertised rent.

Listed October 13, 2026

A1 layout
From $995
Per month · 9-month lease
Starting monthly base rent for this layout. Required fees and utilities are additional.
A2 layout
From $969
Per month · 14-month lease
Starting monthly base rent for this layout. Required fees and utilities are additional.
B1 layout
From $1,382
Per month · 13-month lease
Starting monthly base rent for this layout. Required fees and utilities are additional.
Apartment 07-1137
From $1,035
A1 layout · Per month · 9-month lease
Advertised starting base rent for apartment 07-1137 at the displayed 9-month term. Starting total monthly leasing price: USD 1,060. Shown available at observation. Variable utilities and one-time charges are additional.
Apartment 14-2274
From $1,014
A1 layout · Per month · 9-month lease
Advertised starting base rent for apartment 14-2274 at the displayed 9-month term. Starting total monthly leasing price: USD 1,039. Shown available at observation. Variable utilities and one-time charges are additional.
Apartment 10-2128
From $995
A1 layout · Per month · 14-month lease · Move-in date: November 9, 2026
Advertised starting base rent for apartment 10-2128 at the displayed 14-month term. Starting total monthly leasing price: USD 1,020. Shown available 2026-11-09. Variable utilities and one-time charges are additional.
Apartment 10-2133
From $1,001
A1 layout · Per month · 13-month lease · Move-in date: December 11, 2026
Advertised starting base rent for apartment 10-2133 at the displayed 13-month term. Starting total monthly leasing price: USD 1,026. Shown available 2026-12-11. Variable utilities and one-time charges are additional.
Apartment 05-1217
From $1,144
A2 layout · Per month · 13-month lease
Advertised starting base rent for apartment 05-1217 at the displayed 13-month term. Starting total monthly leasing price: USD 1,169. Shown available at observation. Variable utilities and one-time charges are additional.
Apartment 14-2271
From $999
A2 layout · Per month · 14-month lease · Move-in date: November 7, 2026
Advertised starting base rent for apartment 14-2271 at the displayed 14-month term. Starting total monthly leasing price: USD 1,024. Shown available 2026-11-07. Variable utilities and one-time charges are additional.
Apartment 14-2272
From $1,181
A2 layout · Per month · 14-month lease · Move-in date: November 7, 2026
Advertised starting base rent for apartment 14-2272 at the displayed 14-month term. Starting total monthly leasing price: USD 1,206. Shown available 2026-11-07. Variable utilities and one-time charges are additional.
Apartment 15-2159
From $1,105
A2 layout · Per month · 14-month lease · Move-in date: November 30, 2026
Advertised starting base rent for apartment 15-2159 at the displayed 14-month term. Starting total monthly leasing price: USD 1,130. Shown available 2026-11-30. Variable utilities and one-time charges are additional.
Apartment 05-1216
From $1,124
A2 layout · Per month · 14-month lease · Move-in date: December 1, 2026
Advertised starting base rent for apartment 05-1216 at the displayed 14-month term. Starting total monthly leasing price: USD 1,149. Shown available 2026-12-01. Variable utilities and one-time charges are additional.
Apartment 04-1208
From $969
A2 layout · Per month · 14-month lease · Move-in date: December 7, 2026
Advertised starting base rent for apartment 04-1208 at the displayed 14-month term. Starting total monthly leasing price: USD 994. Shown available 2026-12-07. Variable utilities and one-time charges are additional.
Apartment 15-2259
From $969
A2 layout · Per month · 14-month lease · Move-in date: December 11, 2026
Advertised starting base rent for apartment 15-2259 at the displayed 14-month term. Starting total monthly leasing price: USD 994. Shown available 2026-12-11. Variable utilities and one-time charges are additional.
Apartment 01-1276
From $1,095
A2 layout · Per month · 14-month lease · Move-in date: December 14, 2026
Advertised starting base rent for apartment 01-1276 at the displayed 14-month term. Starting total monthly leasing price: USD 1,120. Shown available 2026-12-14. Variable utilities and one-time charges are additional.
Apartment 10-2131
From $1,110
A2 layout · Per month · 14-month lease · Move-in date: December 16, 2026
Advertised starting base rent for apartment 10-2131 at the displayed 14-month term. Starting total monthly leasing price: USD 1,135. Shown available 2026-12-16. Variable utilities and one-time charges are additional.
Apartment 14-2270
From $1,382
B1 layout · Per month · 13-month lease
Advertised starting base rent for apartment 14-2270 at the displayed 13-month term. Starting total monthly leasing price: USD 1,407. Shown available at observation. Variable utilities and one-time charges are additional.
Apartment 14-2280
From $1,574
B1 layout · Per month · 13-month lease
Advertised starting base rent for apartment 14-2280 at the displayed 13-month term. Starting total monthly leasing price: USD 1,599. Shown available at observation. Variable utilities and one-time charges are additional.
Apartment 14-2170
From $1,468
B1 layout · Per month · 13-month lease
Advertised starting base rent for apartment 14-2170 at the displayed 13-month term. Starting total monthly leasing price: USD 1,493. Shown available at observation. Variable utilities and one-time charges are additional.
Apartment 04-1206
From $1,437
B1 layout · Per month · 13-month lease · Move-in date: October 19, 2026
Advertised starting base rent for apartment 04-1206 at the displayed 13-month term. Starting total monthly leasing price: USD 1,462. Shown available 2026-10-19. Variable utilities and one-time charges are additional.
Apartment 02-1271
From $1,562
B1 layout · Per month · 13-month lease · Move-in date: October 27, 2026
Advertised starting base rent for apartment 02-1271 at the displayed 13-month term. Starting total monthly leasing price: USD 1,587. Shown available 2026-10-27. Variable utilities and one-time charges are additional.
Apartment 08-1265
From $1,559
B1 layout · Per month · 14-month lease · Move-in date: November 8, 2026
Advertised starting base rent for apartment 08-1265 at the displayed 14-month term. Starting total monthly leasing price: USD 1,584. Shown available 2026-11-08. Variable utilities and one-time charges are additional.
Apartment 05-1120
From $1,574
B1 layout · Per month · 14-month lease · Move-in date: November 17, 2026
Advertised starting base rent for apartment 05-1120 at the displayed 14-month term. Starting total monthly leasing price: USD 1,599. Shown available 2026-11-17. Variable utilities and one-time charges are additional.
Apartment 13-2184
From $1,582
B1 layout · Per month · 13-month lease · Move-in date: December 7, 2026
Advertised starting base rent for apartment 13-2184 at the displayed 13-month term. Starting total monthly leasing price: USD 1,607. Shown available 2026-12-07. Variable utilities and one-time charges are additional.
Apartment 08-1262
From $1,577
B1 layout · Per month · 12-month lease · Move-in date: January 8, 2027
Advertised starting base rent for apartment 08-1262 at the displayed 12-month term. Starting total monthly leasing price: USD 1,602. Shown available 2027-01-08. Variable utilities and one-time charges are additional.
Apartment 07-1137 — 12-month selection
$1,239
A1 layout · Per month · 12-month lease · Move-in date: October 13, 2026
Selected studio calculator shows base rent USD 1,239 and total monthly leasing price USD 1,289 for a 12-month lease beginning October 13, 2026, with zero pet options. Total includes USD 25 insurance fee; variable utilities and one-time charges are additional.

Move-in costs & deposits.

Administration fee
$250
per apartment · one time
Selected apartment 07-1137 calculator.
Application fee
$55
per applicant · one time
Per applicant in the selected calculator.
Access device
$50
per apartment · one time
Initial access device for the selected home.
Community amenity setup
$25
per apartment · one time
One-time setup for selected home.
Refundable security deposit
$500–$1,500
per apartment · one time · Refundable
Depends on applicant screening; published range USD 500–1,500.

Monthly charges.

Community amenity fee
$15
per apartment · monthly
Included in selected monthly total.
Pest control
$5
per apartment · monthly
Included in selected monthly total.
Common-area utilities
Variable
per apartment · monthly
Usage-based, where applicable to the home and lease.
Water and sewer
Variable
per apartment · monthly
Usage-based, where applicable to the home and lease.
Stormwater and drainage
Variable
per apartment · monthly
Usage-based, where applicable to the home and lease.
Electricity
Variable
per apartment · monthly
Usage-based, where applicable to the home and lease.
Gas
Variable
per apartment · monthly
Usage-based, where applicable to the home and lease.

Pets.

Pet household: Maximum two cats or dogs.
Pet registration: Pet screening registration is required; a refundable pet deposit may apply in addition to a one-time fee and pet rent.

Pet fee
$400
per pet · one time
Per pet in the selected pet option; refundability not established.
Monthly pet rent
$35
per apartment · monthly
The selected pet-rent option states per unit, not per pet. No multiplication by pet count inferred.

Parking.

Covered parking: Covered parking is listed.

Parking
$5
per apartment · monthly
Included in selected monthly total; number/type of assigned spaces not specified.

Lease terms.

Intra-community transfer
$500
per apartment · one time
Only when transferring homes; not a universal move-out charge.
Vacant utility processing
$15
per apartment · one time
When applicable to vacant utility processing.
Returned payment
$75
one time
Per occurrence.
Access device replacement
$50
one time
Per occurrence when replacing a device.
Late payment
$50
one time
Flat fee per late-payment occurrence.
Concession repayment
Variable
one time
Varies with concession and lease terms.
Vacant utility cost recovery
Variable
one time
Usage-based when applicable.
EV charging
Variable
one time
Variable conditional EV charging fee; billing frequency needs clarification.
Lease violation
Variable
one time
Varies per occurrence.
Legal or eviction charge
Variable
one time
Varies per occurrence.
Non-transferred utility
Variable
one time
Usage-based per occurrence when utility transfer is incomplete.

Application & insurance.

Insurance fee
$25
per apartment · monthly
Included in selected calculator total. Independent renter-liability coverage is listed separately as a variable alternative; relationship and eligibility need the lease terms. Do not add both as required costs.
Security deposit alternative
$20–$39
per apartment · monthly
Alternative to a traditional deposit, depending on screening and eligibility; do not charge both by default.
Independent renter liability
Variable
per apartment · monthly
Variable third-party coverage; do not add to the insurance-fee alternative without matching policy conditions.

Inside the home.

Bedroom options: Studio, one- and two-bedroom apartments.
Kitchen finishes: Quartz countertops, stainless-steel appliances, breakfast bar, pantry, white shaker cabinetry and tile backsplash.
Home features: Air conditioning, solar screens, LED lighting, mirrored closet doors, horizontal wood accents and wood-like flooring.
In-home laundry: In-home washers and dryers are listed with a selected-home marker.
Apartment 07-1137 renovation: Apartment 07-1137 is listed as fully renovated.
Apartment 14-2274 renovation: Apartment 14-2274 is listed as fully renovated.
Apartment 10-2128 renovation: Apartment 10-2128 is listed as fully renovated.
Apartment 10-2133 renovation: Apartment 10-2133 is listed as fully renovated.
Apartment 05-1217 renovation: Apartment 05-1217 is listed as fully renovated.
Apartment 14-2272 renovation: Apartment 14-2272 is listed as fully renovated.
Apartment 15-2159 renovation: Apartment 15-2159 is listed as fully renovated.
Apartment 05-1216 renovation: Apartment 05-1216 is listed as fully renovated.
Apartment 01-1276 renovation: Apartment 01-1276 is listed as fully renovated.
Apartment 10-2131 renovation: Apartment 10-2131 is listed as fully renovated.
Apartment 14-2280 renovation: Apartment 14-2280 is listed as fully renovated.
Apartment 02-1271 renovation: Apartment 02-1271 is listed as fully renovated.
Apartment 08-1265 renovation: Apartment 08-1265 is listed as fully renovated.
Apartment 05-1120 renovation: Apartment 05-1120 is listed as fully renovated.
Apartment 13-2184 renovation: Apartment 13-2184 is listed as fully renovated.
Apartment 08-1262 renovation: Apartment 08-1262 is listed as fully renovated.

Community amenities.

Shared laundry facilities: Shared laundry facilities.
Swimming pool: Swimming pool.
Spa: Spa.
Fitness center: Fitness center.
Clubhouse and billiards: Clubhouse and billiards.
Business center with copy/fax services: Business center with copy/fax services.
Dog park: Dog park.
Picnic area with barbecues: Picnic area with barbecues.
Play area: Play area.