{
  "schema_version": "1.0",
  "submarket": {
    "slug": "roosevelt-row-downtown-az",
    "name": "Roosevelt Row / Downtown",
    "state": "AZ",
    "city": "PHOENIX",
    "cbsa": "Phoenix-Mesa-Chandler",
    "zip_codes": [
      "85003",
      "85004",
      "85006"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-22T04:22:04.520Z",
    "last_updated_at": "2026-06-02T14:00:14.121Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1597,
        "low": 1517,
        "high": 1677,
        "mom_pct": -0.8446306068601583,
        "yoy_pct": 1.2108179419525065
      },
      "2br": {
        "median": 2023,
        "low": 1922,
        "high": 2124,
        "mom_pct": 5.9557142857142855,
        "yoy_pct": -0.6159312839059676
      },
      "3br": {
        "median": 2550,
        "low": 2435,
        "high": 2664,
        "mom_pct": 2.1707142857142854,
        "yoy_pct": 0.3014285714285715
      },
      "4br": {
        "median": 3080,
        "low": 2988,
        "high": 3173,
        "mom_pct": -1.9725,
        "yoy_pct": -0.5375
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1571,
        "low": 1521,
        "high": 1621,
        "mom_pct": -1.373658536585366,
        "yoy_pct": -5.264146341463414
      },
      "2br": {
        "median": 2062,
        "low": 2011,
        "high": 2114,
        "mom_pct": -0.6990476190476189,
        "yoy_pct": -0.7069047619047618
      },
      "3br": {
        "median": 2462,
        "low": 2401,
        "high": 2524,
        "mom_pct": -0.21909090909090911,
        "yoy_pct": 2.5318181818181817
      },
      "4br": {
        "median": 3198,
        "low": 3133,
        "high": 3316,
        "mom_pct": 0.565,
        "yoy_pct": 3.7362500000000005
      }
    },
    "single_family": {
      "1br": {
        "median": 1343,
        "low": 1303,
        "high": 1383,
        "mom_pct": -5.522222222222222,
        "yoy_pct": -13.57962962962963
      },
      "2br": {
        "median": 1795,
        "low": 1723,
        "high": 1867,
        "mom_pct": 3.1011904761904763,
        "yoy_pct": -0.8935714285714286
      },
      "3br": {
        "median": 2182,
        "low": 2095,
        "high": 2270,
        "mom_pct": 1.6524137931034482,
        "yoy_pct": 2.008620689655172
      },
      "4br": {
        "median": 2567,
        "low": 2490,
        "high": 2644,
        "mom_pct": 0.9681818181818183,
        "yoy_pct": 0.46272727272727265
      }
    }
  },
  "vacancy": 3.5389,
  "days_on_market": {
    "apartment": 33,
    "condo_townhome": 34,
    "single_family": 26
  },
  "ai_summary": [
    {
      "headline": "2BR apartments surge 5.96% MoM",
      "body": "In the Roosevelt Row / Downtown (85003, 85004, 85006) rental market, 2-bedroom apartments reached a median rent of $2,023 following a 5.96% increase month-over-month. This jump is the strongest among all property segments, while the annual rate fell slightly by -0.62%. Recent momentum is clearly concentrated in the 2-bedroom apartment sector."
    },
    {
      "headline": "Single-family 1BR declines 13.58% YoY",
      "body": "Annual rent drops are most pronounced for 1-bedroom single-family homes in Roosevelt Row / Downtown (85003, 85004, 85006), with a YoY decrease of -13.58% to $1,343. This outpaces the -5.26% YoY decline for 1-bedroom condos/townhomes, indicating a deeper contraction among smaller single-family rental options."
    },
    {
      "headline": "4BR condos reach $3,198, lead segment",
      "body": "Rental values for larger units, as reflected by Roosevelt Row / Downtown (85003, 85004, 85006) rental trends, show 4-bedroom condos/townhomes commanding $3,198 and outpacing 4-bedroom apartments by $118. Moreover, 4-bedroom condos increased 3.74% YoY, while apartments declined by -0.54% YoY, emphasizing shifting demand toward upscale condo rentals."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Roosevelt Row / Downtown, AZ range from $1,343 to $3,198 per month depending on property type and bedroom count.",
      "The largest year-over-year change was a -13.58% decrease in single-family 1BR rents in Roosevelt Row / Downtown, AZ.",
      "For 2BR units, apartment rents are $2,023 while condo/townhome rents are slightly higher at $2,062."
    ],
    "qa": [
      {
        "question": "What is the rent range in Roosevelt Row / Downtown, AZ according to April 2026 data?",
        "answer": "As of April 2026, rents in Roosevelt Row / Downtown, AZ span from $1,343 per month for 1BR single-family homes up to $3,198 per month for 4BR condos/townhomes."
      },
      {
        "question": "Which segment in Roosevelt Row / Downtown, AZ shows an unusually large year-over-year decline?",
        "answer": "Single-family 1BR units saw a -13.58% year-over-year drop in median rent, falling to $1,343 in April 2026."
      },
      {
        "question": "Which property type and bedroom count had the highest annual rent increase in Roosevelt Row / Downtown, AZ, and is the growth widespread?",
        "answer": "4BR condo/townhome rents grew 3.74% year-over-year to $3,198, making them the segment with the largest annual increase; other condo/townhome bedrooms showed more modest or negative changes."
      },
      {
        "question": "What segment had the largest month-over-month rent change in Roosevelt Row / Downtown, AZ?",
        "answer": "Apartment 2BR units had the sharpest monthly movement, increasing 5.96% from the prior month to $2,023 in April 2026."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1597,
          "2br": 2023,
          "3br": 2550,
          "4br": 3080
        },
        "condo_townhome": {
          "1br": 1571,
          "2br": 2062,
          "3br": 2462,
          "4br": 3198
        },
        "single_family": {
          "1br": 1343,
          "2br": 1795,
          "3br": 2182,
          "4br": 2567
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1638,
          "2br": 1886,
          "3br": 2367,
          "4br": 3202
        },
        "condo_townhome": {
          "1br": 1595,
          "2br": 2222,
          "3br": 2509,
          "4br": 3212
        },
        "single_family": {
          "1br": 1837,
          "2br": 1757,
          "3br": 2222,
          "4br": 2755
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1544,
          "2br": 1875,
          "3br": 2395,
          "4br": 3179
        },
        "condo_townhome": {
          "1br": 1613,
          "2br": 2127,
          "3br": 2480,
          "4br": 3183
        },
        "single_family": {
          "1br": 1552,
          "2br": 1726,
          "3br": 2189,
          "4br": 2431
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1490,
          "2br": 2037,
          "3br": 2477,
          "4br": 3209
        },
        "condo_townhome": {
          "1br": 1630,
          "2br": 2127,
          "3br": 2457,
          "4br": 3195
        },
        "single_family": {
          "1br": 1685,
          "2br": 1945,
          "3br": 2242,
          "4br": 2514
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1540,
          "2br": 1955,
          "3br": 2535,
          "4br": 3230
        },
        "condo_townhome": {
          "1br": 1683,
          "2br": 2127,
          "3br": 2492,
          "4br": 3200
        },
        "single_family": {
          "1br": 1694,
          "2br": 1947,
          "3br": 2236,
          "4br": 2566
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1547,
          "2br": 2036,
          "3br": 2539,
          "4br": 3238
        },
        "condo_townhome": {
          "1br": 1704,
          "2br": 2175,
          "3br": 2490,
          "4br": 3204
        },
        "single_family": {
          "1br": 1701,
          "2br": 1928,
          "3br": 2206,
          "4br": 2591
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1565,
          "2br": 2000,
          "3br": 2552,
          "4br": 3220
        },
        "condo_townhome": {
          "1br": 1740,
          "2br": 2173,
          "3br": 2481,
          "4br": 3205
        },
        "single_family": {
          "1br": 1660,
          "2br": 2015,
          "3br": 2179,
          "4br": 2594
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1578,
          "2br": 2009,
          "3br": 2503,
          "4br": 3214
        },
        "condo_townhome": {
          "1br": 1743,
          "2br": 2231,
          "3br": 2491,
          "4br": 3207
        },
        "single_family": {
          "1br": 1665,
          "2br": 1983,
          "3br": 2193,
          "4br": 2592
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1558,
          "2br": 2059,
          "3br": 2530,
          "4br": 3196
        },
        "condo_townhome": {
          "1br": 1722,
          "2br": 2158,
          "3br": 2491,
          "4br": 3210
        },
        "single_family": {
          "1br": 1641,
          "2br": 2011,
          "3br": 2214,
          "4br": 2616
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1531,
          "2br": 2022,
          "3br": 2562,
          "4br": 3195
        },
        "condo_townhome": {
          "1br": 1715,
          "2br": 2186,
          "3br": 2473,
          "4br": 3206
        },
        "single_family": {
          "1br": 1623,
          "2br": 1926,
          "3br": 2245,
          "4br": 2587
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1563,
          "2br": 1985,
          "3br": 2511,
          "4br": 3168
        },
        "condo_townhome": {
          "1br": 1714,
          "2br": 2156,
          "3br": 2450,
          "4br": 3173
        },
        "single_family": {
          "1br": 1675,
          "2br": 1956,
          "3br": 2213,
          "4br": 2580
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1557,
          "2br": 1939,
          "3br": 2519,
          "4br": 3130
        },
        "condo_townhome": {
          "1br": 1685,
          "2br": 2034,
          "3br": 2429,
          "4br": 3136
        },
        "single_family": {
          "1br": 1607,
          "2br": 1936,
          "3br": 2199,
          "4br": 2537
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/roosevelt-row-downtown-az/",
    "self": "https://data.estaite.com/feeds/roosevelt-row-downtown-az.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}