Apartment Rent in Midtown
Phoenix, Arizona ยท AZ
Avg 1BR Rent $1,900 /month
Rent by Bedroom Count
Studio $1,400/mo ~441 sq ft $3.17/sq ft
1 Bedroom $1,900/mo ~612 sq ft $3.10/sq ft
2 Bedrooms $2,650/mo ~887 sq ft $2.99/sq ft
3 Bedrooms $3,275/mo ~1132 sq ft $2.89/sq ft
Market Metrics
Year-over-Year Change +0.8% Stable market
Vacancy Rate 2.8% Very tight supply
Walk Score 53/100 Somewhat Walkable
Transit Score 74/100 Excellent Transit
What to Budget
At $1,900/mo for a 1-bedroom in Midtown, you should budget at least $5,700/mo in gross income (the standard 30% rule). For a studio at $1,400/mo, you'd need roughly $4,200/mo.
Studio income needed $4,200/mo
1BR income needed $5,700/mo
2BR income needed $7,950/mo
Moving to Midtown?
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