Bedroom count

Property type

Last updated on January 29, 2026

Average rent in
Downtown Phoenix, Phoenix, AZ

Last updated on January 29, 2026

Last updated on January 29, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Downtown Phoenix, Phoenix, AZ is $2,063. This is +9%, or $163, higher than the national average.

$2.15

average price per square foot

Median rent

$2,063

increased by15%
over the previous yearvs previous year

Total rentals

57

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Downtown Phoenix, Phoenix, AZ is $2,063. This is +9%, or $163, higher than the national average.

$2.15

average price per square foot

Rent ranges

1%
26%
30%
27%
15%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

87%
13%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Downtown Phoenix, Phoenix, AZ

Rent price trends

Rent prices for all bedroom counts and property types in Downtown Phoenix, Phoenix, AZ have increased by 3% in the last month and have increased by 15% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Downtown Phoenix, Phoenix, AZ

The monthly rent for an apartment in Downtown Phoenix, Phoenix, AZ is $2,020. A 1-bedroom apartment in Downtown Phoenix, Phoenix, AZ costs about $1,775 on average, while a 2-bedroom apartment is $2,494. Houses for rent in Downtown Phoenix, Phoenix, AZ are more expensive, with an average monthly cost of $2,350.

Comparables

1 bedroom

$1,779

2%

18%

2 bedroom

$2,446

2%

No Change

3 bedroom

$2,399

8%

16%

4 bedroom

$2,400

21%

64%

Studio

$1,318

2%

6%

Studio

Average rent

$1,318

Last 30 days

2%

Last year

6%

1 bedroom

Average rent

$1,779

Last 30 days

2%

Last year

18%

2 bedroom

Average rent

$2,446

Last 30 days

2%

Last year

No Change

3 bedroom

Average rent

$2,399

Last 30 days

8%

Last year

16%

4 bedroom

Average rent

$2,400

Last 30 days

21%

Last year

64%

The table above reflects average rent prices in Downtown Phoenix, Phoenix, AZ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Downtown Phoenix, Phoenix, AZ to other neighborhoods

Median rent prices in Downtown Phoenix, Phoenix, AZ for all bedroom counts and property types compared to Central City South, Phoenix, AZ.

Downtown Phoenix

Median rent price$2,063
increased by9%

higher than the national median

Median rent price$1,595
decreased by16%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Phoenix, Phoenix, AZ is 29% higher than the median rent in Central City South, Phoenix, AZ.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby neighborhoods

Explore rent trends in other markets

Central City South

$1,595

decreased by4%

Last year

Coronado

$1,775

decreased by19%

Last year

Garfield

$1,287

decreased by12%

Last year

Governmental Mall

$1,299

increased by9%

Last year

Phoenix Country Club

$1,299

decreased by14%

Last year

Willo

$2,135

decreased by45%

Last year

Apartments for rent in Apache Junction

Discover rentals in Downtown Phoenix, Phoenix, AZ

610 N 4th Ave - Photo 1 of 1

5d+ ago

8.5

Very good

610 N 4th Ave

610 N 4th Ave, Phoenix, AZ 85003

Studio

1 bath

$825

Apartment for rent

829 N 4th Ave #18 - Photo 1 of 1

5d+ ago

Downtown Phoenix apartment for rent in Phoenix

Modern Studio Living in the Heart of Downtown!

829 N 4th Ave #18, Phoenix, AZ 85003

Studio

1 bath

$849

Apartment for rent

Available Nov 22

829 N 4th Ave #17 - Photo 1 of 1

5d+ ago

Downtown Phoenix apartment for rent in Phoenix

Modern Studio Living in the Heart of Downtown!

829 N 4th Ave #17, Phoenix, AZ 85003

Studio

0 baths

$849

Apartment for rent

Available Nov 22

536 E Portland St #19 - Photo 1 of 1

5d+ ago

Downtown Phoenix apartment for rent in Phoenix

536 E Portland St #19, Phoenix, AZ 85004

Studio

1 bath

$895

Apartment for rent

Available Nov 13

536 E Portland St #12 - Photo 1 of 1

5d+ ago

Downtown Phoenix apartment for rent in Phoenix

536 E Portland St #12, Phoenix, AZ 85004

Studio

1 bath

$895

Apartment for rent

Available Jan 22

Deme at Filmore - Photo 1 of 1

1d ago

8.6

Very good

Our team has verified this company

Verified

Deme at Filmore

617 N 3rd Ave, Phoenix, AZ 85003

1 bed

1 bath

$899–$1,039

Apartment for rent

Call

Space on 6th - Photo 1 of 1

2h ago

9.4

Excellent

Space on 6th

601 N 6th Ave, Phoenix, AZ 85003

Studio–1 bed

1 bath

$950–$1,200

Apartment for rent

536 E Portland St #9 - Photo 1 of 1

5d+ ago

Downtown Phoenix apartment for rent in Phoenix

536 E Portland St #9, Phoenix, AZ 85004

1 bed

1 bath

$995

Apartment for rent

Available Feb 23