Apartment Rent in Downtown Phoenix
Phoenix, Arizona · AZ
Avg 1BR Rent $1,500 /month
Rent by Bedroom Count
Studio $1,075/mo ~446 sq ft $2.41/sq ft
1 Bedroom $1,500/mo ~619 sq ft $2.42/sq ft
2 Bedrooms $2,275/mo ~898 sq ft $2.53/sq ft
3 Bedrooms $2,575/mo ~1145 sq ft $2.25/sq ft
Market Metrics
Year-over-Year Change 0% Stable market
Vacancy Rate 10.8% Plenty of options
Walk Score 49/100 Car-Dependent
Transit Score 63/100 Good Transit
What to Budget
At $1,500/mo for a 1-bedroom in Downtown Phoenix, you should budget at least $4,500/mo in gross income (the standard 30% rule). For a studio at $1,075/mo, you'd need roughly $3,225/mo.
Studio income needed $3,225/mo
1BR income needed $4,500/mo
2BR income needed $6,825/mo
Moving to Downtown Phoenix?
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