{
  "schema_version": "1.0",
  "submarket": {
    "slug": "midtown-phoenix-az",
    "name": "Midtown Phoenix",
    "state": "AZ",
    "city": "PHOENIX",
    "cbsa": "Phoenix-Mesa-Chandler",
    "zip_codes": [
      "85012",
      "85013",
      "85014"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:04.843Z",
    "last_updated_at": "2026-06-02T13:17:12.948Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1300,
        "low": 1248,
        "high": 1352,
        "mom_pct": -0.49437037037037057,
        "yoy_pct": 1.3169135802469136
      },
      "2br": {
        "median": 1634,
        "low": 1553,
        "high": 1716,
        "mom_pct": 6.723903345724907,
        "yoy_pct": 0.3309293680297399
      },
      "3br": {
        "median": 2220,
        "low": 2109,
        "high": 2331,
        "mom_pct": -1.1439361702127657,
        "yoy_pct": 0.1363829787234048
      },
      "4br": {
        "median": 3188,
        "low": 3088,
        "high": 3306,
        "mom_pct": 0.22,
        "yoy_pct": 3.993333333333333
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1298,
        "low": 1270,
        "high": 1327,
        "mom_pct": -1.4345714285714284,
        "yoy_pct": -4.840285714285714
      },
      "2br": {
        "median": 1680,
        "low": 1601,
        "high": 1759,
        "mom_pct": -0.2765000000000001,
        "yoy_pct": -3.542333333333333
      },
      "3br": {
        "median": 2324,
        "low": 2266,
        "high": 2382,
        "mom_pct": 1.381904761904762,
        "yoy_pct": 0.34904761904761933
      },
      "4br": {
        "median": 3272,
        "low": 3174,
        "high": 3370,
        "mom_pct": 0.7963636363636364,
        "yoy_pct": 2.178181818181818
      }
    },
    "single_family": {
      "1br": {
        "median": 1497,
        "low": 1459,
        "high": 1534,
        "mom_pct": -5.739999999999999,
        "yoy_pct": -7.206666666666666
      },
      "2br": {
        "median": 1651,
        "low": 1585,
        "high": 1717,
        "mom_pct": -12.030344827586207,
        "yoy_pct": -16.61310344827586
      },
      "3br": {
        "median": 2387,
        "low": 2268,
        "high": 2506,
        "mom_pct": 1.4541666666666668,
        "yoy_pct": 6.222777777777777
      },
      "4br": {
        "median": 2727,
        "low": 2646,
        "high": 2809,
        "mom_pct": -1.0957142857142856,
        "yoy_pct": 1.6928571428571426
      }
    }
  },
  "vacancy": 3.5389,
  "days_on_market": {
    "apartment": 31,
    "condo_townhome": 31,
    "single_family": 28
  },
  "ai_summary": [
    {
      "headline": "2BR apartment rent jumps 6.7% MoM",
      "body": "In the Midtown Phoenix (85012, 85013, 85014) rental market, 2-bedroom apartments registered the strongest month-over-month growth for April 2026, with median rent climbing 6.7% to $1,634. This sharp increase stands out among apartment segments and may signal heightened demand for mid-sized rental options."
    },
    {
      "headline": "Single-family 2BR drops 12% in April",
      "body": "Within single-family inventory, 2-bedroom units in Midtown Phoenix (85012, 85013, 85014) declined substantially, posting a 12.03% decrease month-over-month to a median rent of $1,651. This drop was the most pronounced across all main property types and bedrooms for the reference period."
    },
    {
      "headline": "Townhome 1BR sees 4.8% YoY decline",
      "body": "As reflected by Midtown Phoenix (85012, 85013, 85014) rental trends, 1-bedroom condos and townhomes saw a year-over-year decrease of 4.84%, with the April 2026 median rent settling at $1,298. This segment experienced the largest annual drop among all property types."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Midtown Phoenix, AZ range from $1,298 to $3,272 per month depending on property type and bedroom count.",
      "The most significant year-over-year change was a -16.61% decline in single-family 2BR rents in Midtown Phoenix, AZ.",
      "For 2BR rentals in Midtown Phoenix, condos/townhomes have a median rent of $1,680, while single-family homes rent for $1,651."
    ],
    "qa": [
      {
        "question": "What is the range of rental prices in Midtown Phoenix, AZ as of April 2026?",
        "answer": "Rents in Midtown Phoenix, AZ span from $1,298 per month for a 1BR condo/townhome to $3,272 per month for a 4BR condo/townhome, according to April 2026 data."
      },
      {
        "question": "Which Midtown Phoenix segment experienced the largest month-over-month rent change in April 2026?",
        "answer": "The sharpest month-over-month movement was in single-family 2BR rentals, which declined by -12.03% in April 2026."
      },
      {
        "question": "How does the median rent for condos/townhomes compare to single-family homes for the same bedroom count in Midtown Phoenix?",
        "answer": "For 2BR units, condos/townhomes rent for $1,680 per month while single-family homes rent for $1,651 per month in Midtown Phoenix, AZ as of April 2026."
      },
      {
        "question": "What is the most expensive property and bedroom combination in Midtown Phoenix, AZ for April 2026?",
        "answer": "The priciest segment is 4BR condos/townhomes, which have a median rent of $3,272 per month in Midtown Phoenix, AZ."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1300,
          "2br": 1634,
          "3br": 2220,
          "4br": 3188
        },
        "condo_townhome": {
          "1br": 1298,
          "2br": 1680,
          "3br": 2324,
          "4br": 3272
        },
        "single_family": {
          "1br": 1497,
          "2br": 1651,
          "3br": 2387,
          "4br": 2727
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1303,
          "2br": 1551,
          "3br": 2244,
          "4br": 3181
        },
        "condo_townhome": {
          "1br": 1353,
          "2br": 1677,
          "3br": 2293,
          "4br": 3247
        },
        "single_family": {
          "1br": 1593,
          "2br": 1930,
          "3br": 2344,
          "4br": 2766
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1214,
          "2br": 1584,
          "3br": 2260,
          "4br": 3198
        },
        "condo_townhome": {
          "1br": 1338,
          "2br": 1699,
          "3br": 2312,
          "4br": 3266
        },
        "single_family": {
          "1br": 1573,
          "2br": 1929,
          "3br": 2273,
          "4br": 2811
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1276,
          "2br": 1611,
          "3br": 2286,
          "4br": 3230
        },
        "condo_townhome": {
          "1br": 1349,
          "2br": 1703,
          "3br": 2307,
          "4br": 3293
        },
        "single_family": {
          "1br": 1622,
          "2br": 2033,
          "3br": 2253,
          "4br": 2837
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1307,
          "2br": 1618,
          "3br": 2290,
          "4br": 3265
        },
        "condo_townhome": {
          "1br": 1348,
          "2br": 1701,
          "3br": 2318,
          "4br": 3333
        },
        "single_family": {
          "1br": 1640,
          "2br": 2050,
          "3br": 2281,
          "4br": 2892
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1292,
          "2br": 1642,
          "3br": 2304,
          "4br": 3263
        },
        "condo_townhome": {
          "1br": 1372,
          "2br": 1716,
          "3br": 2291,
          "4br": 3334
        },
        "single_family": {
          "1br": 1667,
          "2br": 2061,
          "3br": 2316,
          "4br": 2946
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1270,
          "2br": 1654,
          "3br": 2328,
          "4br": 3229
        },
        "condo_townhome": {
          "1br": 1365,
          "2br": 1724,
          "3br": 2365,
          "4br": 3344
        },
        "single_family": {
          "1br": 1648,
          "2br": 2063,
          "3br": 2357,
          "4br": 2929
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1302,
          "2br": 1617,
          "3br": 2343,
          "4br": 3176
        },
        "condo_townhome": {
          "1br": 1412,
          "2br": 1770,
          "3br": 2369,
          "4br": 3365
        },
        "single_family": {
          "1br": 1680,
          "2br": 2124,
          "3br": 2346,
          "4br": 2939
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1277,
          "2br": 1662,
          "3br": 2354,
          "4br": 3162
        },
        "condo_townhome": {
          "1br": 1381,
          "2br": 1758,
          "3br": 2378,
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        },
        "single_family": {
          "1br": 1633,
          "2br": 2100,
          "3br": 2348,
          "4br": 2905
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1298,
          "2br": 1614,
          "3br": 2359,
          "4br": 3143
        },
        "condo_townhome": {
          "1br": 1381,
          "2br": 1724,
          "3br": 2373,
          "4br": 3349
        },
        "single_family": {
          "1br": 1658,
          "2br": 2075,
          "3br": 2310,
          "4br": 2853
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1289,
          "2br": 1685,
          "3br": 2329,
          "4br": 3127
        },
        "condo_townhome": {
          "1br": 1380,
          "2br": 1757,
          "3br": 2330,
          "4br": 3303
        },
        "single_family": {
          "1br": 1626,
          "2br": 2027,
          "3br": 2285,
          "4br": 2797
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1294,
          "2br": 1667,
          "3br": 2289,
          "4br": 3096
        },
        "condo_townhome": {
          "1br": 1389,
          "2br": 1747,
          "3br": 2312,
          "4br": 3252
        },
        "single_family": {
          "1br": 1636,
          "2br": 2026,
          "3br": 2265,
          "4br": 2744
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/midtown-phoenix-az/",
    "self": "https://data.estaite.com/feeds/midtown-phoenix-az.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}