Rent Trends for Apartments in Downtown Phoenix
May 2026
| Bedroom count | Downtown Phoenix | vs Last Month |
|---|---|---|
| Studio | $1,175 |  up 1.64% |
| 1 Bedroom | $1,693 | up 1.99% |
| 2 Bedroom | $2,515 | up 6.30% |
| 3 Bedroom | $3,972 | up 0.61% |
Median rent as of May 3, 2026
This May, we've analyzed our 193 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 remained the same at $1,175, while the median rent for a 1 bedroom apartment decreased by 0.35% to $1,693.
Neighborhoods Near Downtown Phoenix
Find Your Dream Apartment for Rent in Downtown Phoenix
PadMapper has 193 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.
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63 Results
Must-see$1,231–$1,698
1–3 Bedrooms Apartments · Phoenix, AZ
Must-see$925–$1,750
2–3 Bedrooms Apartments · Phoenix, AZ
Must-see$995–$1,600
2 Bedrooms Apartment · Phoenix, AZ
$999
Studio–1 Bedroom Apartments · Downtown Phoenix, Phoenix
$1,546–$3,350
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,750–$2,700
1–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$2,835
1 Bedroom Apartment · Downtown Phoenix, Phoenix
$5,143
1 Bedroom · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
16 Hours Ago
$3,104
2 Bedrooms · 2 Bathrooms Apartment · Downtown Phoenix, Phoenix
1 Day Ago
$3,496
1 Bedroom · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
1 Day Ago
$850
Studio · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
5+ Days Ago
$1,295–$2,322
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,485–$4,175
Studio–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,414–$2,805
1–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,313–$6,208
Studio–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,250–$1,875
2–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$687
Studio · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
5+ Days Ago
$3,300
2 Bedrooms · 2 Bathrooms Apartment · Downtown Phoenix, Phoenix
5+ Days Ago
$1,254–$4,172
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,099
2 Bedrooms · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
12 Hours Ago
$1,495–$4,310
1–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,175
Studio Apartment · Downtown Phoenix, Phoenix
$1,177–$3,807
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix