Rental prices in Downtown Phoenix, Phoenix, AZ have increased by 19.11% over the past year. The average rent moved from $3,413 to $4,065.
Check out the average rent in Phoenix.
The national average price of rental apartments is $1,743, while the average monthly rent in Downtown Phoenix, Phoenix, AZ is $4,065.
The average monthly rent for an apartment in Downtown Phoenix, Phoenix, AZ is around $4,065.
A share of 20% of apartments in Downtown Phoenix, Phoenix, AZ have the cheapest rents between $2,001-$2,500. Around 24% of Downtown Phoenix's apartments have monthly rents between $2,501-$3,000. There are 55% of apartments with rents between > $3,000.
The largest share of rentals in Downtown Phoenix, Phoenix, AZ (55%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a 3 bedroom apartment is between $775 and $10,000.
There are 40 3 bedroom rentals available on RentCafe. Prices and availability in Downtown Phoenix, Phoenix, AZ were last updated on 2 Dec 2025.
The average Downtown Phoenix, Phoenix, AZ 3 bedroom apartment size is 1,335 sq. ft.
Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.
A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.
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.
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