Rent Trends for Apartments in Downtown Phoenix
May 2026
| Bedroom count | Downtown Phoenix | vs Last Month |
|---|---|---|
| Studio | $1,252 |  up 4.51% |
| 1 Bedroom | $1,672 |  down 0.30% |
| 2 Bedroom | $2,479 | down 0.84% |
| 3 Bedroom | $3,972 | No change |
Median rent as of May 24, 2026
This May, we've analyzed our 187 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 2.29% to $1,252, while the median rent for a 1 bedroom apartment increased by 1.33% to $1,672.
Neighborhoods Near Downtown Phoenix
Find Your Dream Apartment for Rent in Downtown Phoenix
PadMapper has 187 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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55 Results
Must-see$1,600
2 Bedrooms Apartment · Phoenix, AZ
Must-see$895–$1,750
2–3 Bedrooms Apartments · Phoenix, AZ
Must-see$1,248–$1,499
1–2 Bedrooms Apartments · Phoenix, AZ
$1,546–$3,350
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,900–$2,850
1–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$2,922
2 Bedrooms · 2 Bathrooms Apartment · Downtown Phoenix, Phoenix
1 Day Ago
$2,813–$12,985
Studio–4 Bedrooms Apartments · Downtown Phoenix, Phoenix
$3,460
1 Bedroom · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
1 Day Ago
$1,500–$4,275
Studio–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,875
3 Bedrooms Apartment · Downtown Phoenix, Phoenix
$1,260–$6,208
Studio–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
$850
Studio · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
5+ Days Ago
N/A
Studio–1 Bedroom Apartments · Downtown Phoenix, Phoenix
$1,340–$3,577
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$950–$1,200
Studio–1 Bedroom Apartments · Downtown Phoenix, Phoenix
$1,179–$3,745
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,449–$4,310
1–3 Bedrooms Apartments · Downtown Phoenix, Phoenix
$1,240–$4,265
Studio–2 Bedrooms Apartments · Downtown Phoenix, Phoenix
$2,300
1 Bedroom · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
2 Days Ago
$2,250
2 Bedrooms · 2 Bathrooms Apartment · Downtown Phoenix, Phoenix
2 Days Ago
$1,500
Studio · 1 Bathroom Apartment · Downtown Phoenix, Phoenix
2 Days Ago