Palm Terrace – photo 1
1 / 7

Palm Terrace

📍 555 East Ray Road, Chandler, AZ 85225

Monthly Rent

$1,270 – $1,460

Bedrooms

2 bd

Bathrooms

2 ba

Sq Feet

980 sq ft

Updated 20 days ago

📋 Property Overview

A home in Chandler, Arizona with 2 bd and 2 ba. The floor plan measures 980 sq ft. Monthly rent ranges $1,270-$1,460. Features in the home include clubhouse, on-site laundry, basketball court and pool. On site there is pool, parking, playground and basketball court. The standard lease term is 12 months. Availability: Available now. With a Walk Score of 33, most errands need a car. Transit Score is 33. That is 25% below the local median of $1,700.

🚶 Getting Around

  • Walk Score33/100

    Car-Dependent

  • Transit Score33/100

    Some Transit

2 transit routes nearby

  • 2Bus
2 bedroom · typical rent nearby$1,845

Market trend: Falling · as of August 2026

💵 Costs & Lease

Lease length
12 months
Units available
17 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • Two Bedroom Two Bathroom2 bd · 2 ba · 980 sq ftNone available right now
  • Three Bedroom Two Bathroom 60%3 bd · 2 ba · 1,100 sq ftNone available right now
  • Three Bedroom Two Bathroom3 bd · 2 ba · 1,100 sq ft$1,4607 units available
  • Two Bedroom Two Bathroom2 bd · 2 ba · 980 sq ft$1,27010 units available

🧾 Move-in Costs & Lease

Lease length
12 months
Available
Available now
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Arizona at $20,000 – $24,999 of personal property

$14–$16/ monthEstimate — not a quote

About $177–$191 a year.

Based on what Arizona renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 513,541 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏢 In the Building

  • Parking
  • Pool
  • On-site laundry
  • Playground
  • Basketball court
  • Clubhouse

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

✨ Features & Details

  • On-site laundry
  • Parking
  • Pool
  • Playground
  • Basketball court
  • Clubhouse
  • 1100 sq ft
  • 980 sq ft

📊 Property Facts

Walk Score
33 · Car-Dependent
Transit Score
33 · Some Transit

🎓 Nearby Schools

  • Galveston Elementary School · PK-64/10 · 0.5 mi
  • Arizona College Prep Oakland Campus · 6-89/10 · 0.9 mi
  • Chandler High School · 9-126/10 · 0.9 mi
  • Sanborn Elementary School · K-63/10 · 0.9 mi
  • Shumway Elementary School · PK-64/10 · 1.0 mi
  • Hartford Sylvia Encinas Elementary School · PK-65/10 · 1.0 mi
  • Legacy Traditional School - North Chandler · K-87/10 · 1.1 mi
  • Knox Gifted Academy · PK-610/10 · 1.1 mi
  • Az Compass Prep School · 7-124/10 · 1.4 mi
  • Champion Chandler · K-85/10 · 1.4 mi

🏡 Floor Plans

  • 143

    Availability: available

    $1,460

  • 212

    Availability: available

    $1,460

  • 108

    Availability: available

    $1,460

  • 231

    Availability: available

    $1,460

  • 232

    Availability: available

    $1,460

  • 247

    Availability: available

    $1,460

  • 270

    Availability: available

    $1,460

  • 101

    Availability: available

    $1,270

  • 225

    Availability: available

    $1,270

  • 239

    Availability: available

    $1,270

  • 201

    Availability: available

    $1,270

  • 209

    Availability: available

    $1,270

  • 216

    Availability: available

    $1,270

  • 228

    Availability: available

    $1,270

  • 246

    Availability: available

    $1,270

  • 272

    Availability: available

    $1,270

  • 180

    Availability: available

    $1,270

❓ Frequently Asked Questions

$1,270 – $1,460

per month

Available Now
2 bd
2 ba
980 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

Facebook MessengerChat on MessengerFollow us · new listings and updatesRivoRenton Facebook

Chat with an agent any time — WhatsApp is answered 24/7 with an instant reply. Our team is also available Mon–Fri 8 AM–10 PM · Sat 10 AM–4 PM.

What do you think of this home?