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

Booker T. Washington Apartments Los Olivos Apartments Willo Apartments Good Samaritan Apartments Garfield Apartments Story Apartments Eastlake Park Apartments Central City South Apartments Coronado Apartments

Apartment Types in Phoenix

Pet Friendly Apartments in Phoenix Cheap Apartments in Phoenix Luxury Apartments in Phoenix Low Income Apartments in Phoenix Move In Special Apartments in Phoenix Utilities Included Apartments in Phoenix No Security Deposit Apartments in Phoenix Short Term Rentals in 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.

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