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
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PadMapper has 193 condos, houses, and apartments for rent in Downtown Phoenix.
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