Rent Trends for Apartments in Downtown Phoenix
August 2026
| Bedroom count | Downtown Phoenix | vs Last Month |
|---|---|---|
| Studio | $1,282 |  up 2.97% |
| 1 Bedroom | $1,732 | up 4.27% |
| 2 Bedroom | $2,633 | up 0.61% |
| 3 Bedroom | $4,049 | up 1.35% |
| 4 Bedroom | $2,350 | No change |
Median rent as of August 2, 2026
This August, we've analyzed our 180 listings in Downtown Phoenix to determine the rent trend. We're updating our tables in real time to give you the most up to date Downtown Phoenix median apartment rent prices by bedroom count.
The median rent for a studio apartment increased by 0.08% to $1,282, while the median rent for a 1 bedroom apartment increased by 1.46% to $1,732.
Neighborhoods Near Downtown Phoenix
Find Your Dream Apartment for Rent in Downtown Phoenix
PadMapper has 180 condos, houses, and apartments for rent in Downtown Phoenix.
We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.
Rent
Length
Bedrooms
54 Results
Must-see$1,248–$1,731
1–3 Bedrooms Apartments · Phoenix, AZ
Must-see$1,150–$2,330
2 Bedrooms Apartment · Phoenix, AZ
Must-see$1,036–$1,444
1–2 Bedrooms Apartments · Phoenix, AZ
$1,149
Studio–1 Bedroom Apartments · Downtown Phoenix, Phoenix
$1,546–$2,200
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$2,000–$2,950
1–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$3,974
2 Bedrooms Apartment · Downtown Phoenix, Phoenix
$2,995–$6,301
1–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$2,232–$2,474
1–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$2,967–$3,064
Studio–1 Bedroom Apartments · Downtown Phoenix, Phoenix
$1,389–$2,805
1–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,166–$4,310The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,438–$6,208
Studio–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,292–$3,478The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,425–$4,550
Studio–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$2,010–$4,885
1–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$999
1 Bedroom · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
5+ Days Ago
$800–$1,200
Studio–1 Bedroom Apartments · Downtown Phoenix, Phoenix
$1,150
1 Bedroom · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
1 Day Ago
$1,650
2 Bedrooms Apartment · Downtown Phoenix, Phoenix
$1,450–$1,875
1–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,295
1 Bedroom Apartment · Downtown Phoenix, Phoenix
$1,795
2 Bedrooms Apartment · Downtown Phoenix, Phoenix