Apartments for Rent in Downtown Phoenix, Phoenix, AZ

What is the average rent for a 1-bedroom apartment in Downtown Phoenix, Phoenix, AZ?

One-bedroom apartments in Downtown Phoenix average around $1,800 per month in 2025, down 3.4% from the previous year. These units typically offer about 804 sqft of living space.

What is the average rent for a 2-bedroom apartment in Downtown Phoenix, Phoenix, AZ?

Two-bedroom apartments in Downtown Phoenix rent for around $2,600 per month in 2025, representing a 4.3% decrease from 2024. These units average approximately 1,183 sqft in size.

What is the average rent for a 3-bedroom apartment in Downtown Phoenix, Phoenix, AZ?

Three-bedroom apartments in Downtown Phoenix average around $3,700 per month in 2025, experiencing the largest year-over-year decline among all unit types. These spacious units typically offer about 1,760 sqft of living space.

How much does it cost to rent an apartment in Downtown Phoenix, Phoenix, AZ?

Downtown Phoenix rental costs averaged around $1,900 per month across all property types in 2025, down 1.9% from the previous year. Studio apartments start around $1,400 monthly, while three-bedroom units reach around $3,700 per month.

What is the average apartment size in Downtown Phoenix, Phoenix, AZ?

Apartments in Downtown Phoenix average 929 sqft across all unit types. Studio apartments offer about 501 sqft, while larger three-bedroom units provide approximately 1,760 sqft of living space.

What type of apartment is most common in Downtown Phoenix, Phoenix, AZ?

One-bedroom apartments are the most common rental type in Downtown Phoenix, with an average of 111 listings available monthly. Two-bedroom units follow as the second most prevalent option with about 81 listings per month.

Why Downtown Phoenix, Phoenix is a great place to live

Downtown Phoenix stands out for its vibrant social scene and commitment to environmental sustainability. The neighborhood's focus on eco-friendliness is evident in its use of non-toxic paint, waste recycling, rainwater harvesting, and sustainable materials in construction. Community solar projects and an abundance of parks and recreation spaces further contribute to its green credentials. Meanwhile, a high walk score, excellent street infrastructure, and reliable transit options make it easy to get around and enjoy the area's many restaurants and social spots. With a strong emphasis on both social living and sustainability, Downtown Phoenix offers a unique blend of lifestyle benefits that appeal to renters seeking a dynamic, eco-conscious community.

What type of apartment is least common in Downtown Phoenix, Phoenix, AZ?

Three-bedroom apartments are the least common rental type in Downtown Phoenix, with an average of about 15 listings available monthly. Studio apartments are also relatively limited, averaging around 45 listings per month.