Rental prices in Downtown Phoenix, Phoenix, AZ have decreased by 9.23% over the past year. The average rent moved from $1,494 to $1,356.
Check out the average rent in Phoenix.
The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Phoenix, Phoenix, AZ is $1,356.
The average monthly rent for an apartment in Downtown Phoenix, Phoenix, AZ is around $1,356.
A share of 80% of apartments in Downtown Phoenix, Phoenix, AZ have the cheapest rents between $1,001-$1,500. Around 20% of Downtown Phoenix's apartments have monthly rents between $1,501-$2,000.
The largest share of rentals in Downtown Phoenix, Phoenix, AZ (80%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 129 studio rentals available on RentCafe. Prices and availability in Downtown Phoenix, Phoenix, AZ were last updated on 26 Feb 2026.
The average Downtown Phoenix, Phoenix, AZ studio apartment size is 876 sq. ft.
Studio apartments in Downtown Phoenix, Phoenix, AZ tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Downtown Phoenix, Phoenix, AZ has 8,883 residents, 4,193 women and 4,690 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Phoenix’s population is 32.
There is a total of 4,530 households in Downtown Phoenix, Phoenix, AZ. Of these, 452 have children and 4,078 are without children. Per Census Bureau’s most current estimates, 1,130 family households and 3,400 non-family households live in this area. The size of a household in Downtown Phoenix is 0.98 people, on average. The median household annual income in Downtown Phoenix equals $63,961, and the monthly housing costs equal $1,526.
According to data from the U.S. Census Bureau, 3% of the population in Downtown Phoenix, Phoenix, AZ have no high school education, 24% went to high-school, and 23% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 29% hold a Bachelor Degree, and 17% hold a Graduate Degree.
-web.jpg?width=480&quality=90 "Decorated Living Room With Natural Light")
_02.jpg?width=480&quality=90)
.jpg?width=480&quality=90)
&cropxunits=800&cropyunits=533&srotate=0&width=480&quality=90)
.png?width=480&quality=90)
.jpg?width=480&quality=90)
.jpg?width=480&quality=90)
&cropxunits=300&cropyunits=169&width=480&quality=90)