{
  "schema_version": "1.0",
  "submarket": {
    "slug": "downtown-mesa-mesa-arts-az",
    "name": "Downtown Mesa / Mesa Arts",
    "state": "AZ",
    "city": "MESA",
    "cbsa": "Phoenix-Mesa-Chandler",
    "zip_codes": [
      "85201",
      "85202"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:04.927Z",
    "last_updated_at": "2026-06-02T13:18:13.870Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1186,
        "low": 1139,
        "high": 1233,
        "mom_pct": 5.123698224852071,
        "yoy_pct": -1.1721005917159761
      },
      "2br": {
        "median": 1397,
        "low": 1341,
        "high": 1453,
        "mom_pct": 3.5559970457902517,
        "yoy_pct": -2.5427917282127033
      },
      "3br": {
        "median": 1900,
        "low": 1805,
        "high": 1995,
        "mom_pct": -6.625217391304347,
        "yoy_pct": -8.312173913043479
      },
      "4br": {
        "median": 3119,
        "low": 3025,
        "high": 3212,
        "mom_pct": 0.42999999999999994,
        "yoy_pct": -0.8350000000000001
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1202,
        "low": 1184,
        "high": 1220,
        "mom_pct": 2.7415,
        "yoy_pct": -2.4269999999999996
      },
      "2br": {
        "median": 1389,
        "low": 1359,
        "high": 1420,
        "mom_pct": 2.6606122448979592,
        "yoy_pct": -5.9228571428571435
      },
      "3br": {
        "median": 1912,
        "low": 1864,
        "high": 1960,
        "mom_pct": 2.6631818181818185,
        "yoy_pct": 2.003181818181818
      },
      "4br": {
        "median": 3176,
        "low": 3133,
        "high": 3271,
        "mom_pct": 0.65,
        "yoy_pct": 2.1600000000000006
      }
    },
    "single_family": {
      "1br": {
        "median": 1522,
        "low": 1484,
        "high": 1560,
        "mom_pct": -6.958,
        "yoy_pct": -2.03
      },
      "2br": {
        "median": 1498,
        "low": 1453,
        "high": 1543,
        "mom_pct": -5.8155,
        "yoy_pct": -15.419
      },
      "3br": {
        "median": 2008,
        "low": 1914,
        "high": 2103,
        "mom_pct": -5.800322580645162,
        "yoy_pct": -3.883225806451613
      },
      "4br": {
        "median": 2462,
        "low": 2364,
        "high": 2561,
        "mom_pct": 0.9329166666666667,
        "yoy_pct": -0.43374999999999986
      }
    }
  },
  "vacancy": 3.5389,
  "days_on_market": {
    "apartment": 33,
    "condo_townhome": 33,
    "single_family": 30
  },
  "ai_summary": [
    {
      "headline": "1BR apartments surge 5.1% MoM",
      "body": "In the Downtown Mesa / Mesa Arts (85201, 85202) rental market, 1-bedroom apartments recorded a notable monthly increase of 5.1%, pushing median rent to $1,186 while still reflecting a 1.2% decline year-over-year. This sharp MoM gain suggests renewed demand for smaller units within Downtown Mesa / Mesa Arts (85201, 85202)."
    },
    {
      "headline": "3BR condos rise 2.0% YoY to $1,912",
      "body": "Across property types in Downtown Mesa / Mesa Arts (85201, 85202), 3-bedroom condos saw a 2.0% annual increase, reaching a median rent of $1,912, while 3-bedroom apartments trailed at $1,900 after an 8.3% YoY drop. This gap highlights condos outperforming apartments in larger segments by $12."
    },
    {
      "headline": "2BR single-family declines 15.4% YoY",
      "body": "Downtown Mesa / Mesa Arts (85201, 85202) rental trends reveal significant weakness in the 2-bedroom single-family category, with rents dropping 15.4% year-over-year to $1,498. This segment’s performance stands out as the steepest annual fall among all tracked property types and bedroom counts."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Downtown Mesa / Mesa Arts, AZ range from $1,186 to $3,176 per month depending on property type and bedroom count.",
      "The largest year-over-year increase is for 4BR condo/townhome rentals in Downtown Mesa / Mesa Arts, AZ, rising 2.16% compared to April 2025.",
      "Among 2BR rentals, apartments are priced at $1,397 while condos/townhomes are $1,389 in Downtown Mesa / Mesa Arts, AZ."
    ],
    "qa": [
      {
        "question": "What are the rent ranges in Downtown Mesa / Mesa Arts, AZ for April 2026?",
        "answer": "As of April 2026, rents in Downtown Mesa / Mesa Arts, AZ span from $1,186 for a 1BR apartment up to $3,176 for a 4BR condo/townhome."
      },
      {
        "question": "Which segment had the most significant month-over-month change in Downtown Mesa / Mesa Arts, AZ?",
        "answer": "The 1BR single-family rental segment had the largest monthly movement in April 2026, decreasing 6.96% to $1,522."
      },
      {
        "question": "What is the price gap between apartments and condos for the same bedroom count in Downtown Mesa / Mesa Arts, AZ?",
        "answer": "In April 2026, 1BR apartments rent for $1,186 while 1BR condos/townhomes rent for $1,202, and for 2BR rentals, apartments are $1,397 versus $1,389 for condos/townhomes."
      },
      {
        "question": "Which rental segment saw the highest annual rent growth in Downtown Mesa / Mesa Arts, AZ, and is the growth broad or concentrated?",
        "answer": "The 4BR condo/townhome category experienced the largest year-over-year increase at 2.16% in April 2026, with growth concentrated specifically in the 4BR condo/townhome segment."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1186,
          "2br": 1397,
          "3br": 1900,
          "4br": 3119
        },
        "condo_townhome": {
          "1br": 1202,
          "2br": 1389,
          "3br": 1912,
          "4br": 3176
        },
        "single_family": {
          "1br": 1522,
          "2br": 1498,
          "3br": 2008,
          "4br": 2462
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1128,
          "2br": 1359,
          "3br": 1996,
          "4br": 3028
        },
        "condo_townhome": {
          "1br": 1149,
          "2br": 1336,
          "3br": 1867,
          "4br": 3136
        },
        "single_family": {
          "1br": 1577,
          "2br": 1373,
          "3br": 2106,
          "4br": 2367
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1082,
          "2br": 1353,
          "3br": 1993,
          "4br": 3146
        },
        "condo_townhome": {
          "1br": 1188,
          "2br": 1381,
          "3br": 1839,
          "4br": 3173
        },
        "single_family": {
          "1br": 1632,
          "2br": 1784,
          "3br": 2163,
          "4br": 2481
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1152,
          "2br": 1342,
          "3br": 2024,
          "4br": 3197
        },
        "condo_townhome": {
          "1br": 1198,
          "2br": 1382,
          "3br": 1852,
          "4br": 3212
        },
        "single_family": {
          "1br": 1673,
          "2br": 1888,
          "3br": 2106,
          "4br": 2458
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1161,
          "2br": 1352,
          "3br": 2049,
          "4br": 3234
        },
        "condo_townhome": {
          "1br": 1206,
          "2br": 1421,
          "3br": 1847,
          "4br": 3217
        },
        "single_family": {
          "1br": 1688,
          "2br": 1870,
          "3br": 2161,
          "4br": 2444
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1172,
          "2br": 1362,
          "3br": 2051,
          "4br": 3266
        },
        "condo_townhome": {
          "1br": 1205,
          "2br": 1448,
          "3br": 1878,
          "4br": 3265
        },
        "single_family": {
          "1br": 1709,
          "2br": 1816,
          "3br": 2175,
          "4br": 2423
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1183,
          "2br": 1371,
          "3br": 2054,
          "4br": 3207
        },
        "condo_townhome": {
          "1br": 1214,
          "2br": 1446,
          "3br": 1896,
          "4br": 3241
        },
        "single_family": {
          "1br": 1652,
          "2br": 1803,
          "3br": 2157,
          "4br": 2483
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1174,
          "2br": 1393,
          "3br": 2076,
          "4br": 3190
        },
        "condo_townhome": {
          "1br": 1208,
          "2br": 1455,
          "3br": 1920,
          "4br": 3270
        },
        "single_family": {
          "1br": 1675,
          "2br": 1757,
          "3br": 2154,
          "4br": 2545
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1176,
          "2br": 1396,
          "3br": 2068,
          "4br": 3200
        },
        "condo_townhome": {
          "1br": 1233,
          "2br": 1464,
          "3br": 1925,
          "4br": 3257
        },
        "single_family": {
          "1br": 1678,
          "2br": 1851,
          "3br": 2174,
          "4br": 2549
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1185,
          "2br": 1393,
          "3br": 2072,
          "4br": 3206
        },
        "condo_townhome": {
          "1br": 1223,
          "2br": 1474,
          "3br": 1913,
          "4br": 3229
        },
        "single_family": {
          "1br": 1683,
          "2br": 1854,
          "3br": 2152,
          "4br": 2525
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1185,
          "2br": 1389,
          "3br": 2074,
          "4br": 3175
        },
        "condo_townhome": {
          "1br": 1213,
          "2br": 1457,
          "3br": 1919,
          "4br": 3202
        },
        "single_family": {
          "1br": 1622,
          "2br": 1897,
          "3br": 2145,
          "4br": 2502
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1192,
          "2br": 1409,
          "3br": 2087,
          "4br": 3144
        },
        "condo_townhome": {
          "1br": 1225,
          "2br": 1465,
          "3br": 1871,
          "4br": 3159
        },
        "single_family": {
          "1br": 1588,
          "2br": 1886,
          "3br": 2105,
          "4br": 2492
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/downtown-mesa-mesa-arts-az/",
    "self": "https://data.estaite.com/feeds/downtown-mesa-mesa-arts-az.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}