{
  "schema_version": "1.0",
  "submarket": {
    "slug": "tempe-asu-district-az",
    "name": "Tempe / ASU District",
    "state": "AZ",
    "city": "TEMPE",
    "cbsa": "Phoenix-Mesa-Chandler",
    "zip_codes": [
      "85281",
      "85282",
      "85283",
      "85284"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:05.597Z",
    "last_updated_at": "2026-06-02T13:18:15.216Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1349,
        "low": 1295,
        "high": 1403,
        "mom_pct": 5.014479166666667,
        "yoy_pct": -0.30523674242424226
      },
      "2br": {
        "median": 1504,
        "low": 1428,
        "high": 1579,
        "mom_pct": -1.7377927548441447,
        "yoy_pct": -4.063605728727885
      },
      "3br": {
        "median": 2196,
        "low": 2086,
        "high": 2306,
        "mom_pct": 1.3418750000000002,
        "yoy_pct": -2.711534090909091
      },
      "4br": {
        "median": 2869,
        "low": 2754,
        "high": 2983,
        "mom_pct": -9.13409090909091,
        "yoy_pct": -7.964545454545453
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1372,
        "low": 1342,
        "high": 1402,
        "mom_pct": -2.119074074074074,
        "yoy_pct": -5.734814814814815
      },
      "2br": {
        "median": 1652,
        "low": 1611,
        "high": 1693,
        "mom_pct": 1.2163218390804598,
        "yoy_pct": -1.090574712643678
      },
      "3br": {
        "median": 2064,
        "low": 2012,
        "high": 2115,
        "mom_pct": -1.5,
        "yoy_pct": -2.5103278688524595
      },
      "4br": {
        "median": 3064,
        "low": 2972,
        "high": 3156,
        "mom_pct": -0.08230769230769233,
        "yoy_pct": -0.8553846153846152
      }
    },
    "single_family": {
      "1br": {
        "median": 1432,
        "low": 1389,
        "high": 1475,
        "mom_pct": -15.601739130434783,
        "yoy_pct": -13.540869565217388
      },
      "2br": {
        "median": 1720,
        "low": 1652,
        "high": 1789,
        "mom_pct": -15.18102564102564,
        "yoy_pct": -16.583846153846153
      },
      "3br": {
        "median": 2310,
        "low": 2217,
        "high": 2402,
        "mom_pct": -0.03519607843137272,
        "yoy_pct": -0.7176470588235295
      },
      "4br": {
        "median": 2750,
        "low": 2626,
        "high": 2874,
        "mom_pct": 4.985494505494506,
        "yoy_pct": 2.1348351648351653
      }
    }
  },
  "vacancy": 3.5389,
  "days_on_market": {
    "apartment": 37,
    "condo_townhome": 36,
    "single_family": 26
  },
  "ai_summary": [
    {
      "headline": "1BR apartments climb 5.0% to $1,349",
      "body": "In the Tempe / ASU District (85281, 85282, 85283, 85284) rental market, 1-bedroom apartments advanced 5.0% month-over-month to $1,349, though their year-over-year figure declined by -0.3%. This segment exhibited the sharpest monthly gain among apartments, contrasting with softer annual performance."
    },
    {
      "headline": "4BR single-family rents rise 4.99%",
      "body": "For larger rentals across Tempe / ASU District (85281, 85282, 85283, 85284), 4-bedroom single-family homes increased 4.99% month-over-month to $2,750. In comparison, 4-bedroom apartments ended at $2,869 after a -9.13% monthly drop, demonstrating divergent performance between these segments despite a $119 rent gap."
    },
    {
      "headline": "1BR condos fall 2.12% to $1,372",
      "body": "Recent Tempe / ASU District (85281, 85282, 85283, 85284) rental trends indicate that 1-bedroom condos dropped -2.12% month-over-month to $1,372. This segment also posted a year-over-year decrease of -5.73%, highlighting continued downward movement for entry-level condo rentals in the area."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Tempe / ASU District, AZ range from $1,349 to $3,064 per month depending on property type and bedroom count.",
      "The greatest year-over-year decline occurred in single-family 2BR units, which fell 16.58% in Tempe / ASU District, AZ.",
      "For 3-bedroom rentals in Tempe / ASU District, AZ, single-family homes have a median rent of $2,310 while condo/townhome units are at $2,064."
    ],
    "qa": [
      {
        "question": "What is the rent range for apartments, condos, and single-family homes in Tempe / ASU District, AZ as of April 2026?",
        "answer": "Rents range from $1,349 per month for 1BR apartments to $3,064 per month for 4BR condos/townhomes in Tempe / ASU District, AZ as of April 2026."
      },
      {
        "question": "Which property and bedroom combination is the most affordable rental option in Tempe / ASU District, AZ?",
        "answer": "The most affordable segment is 1BR apartments at $1,349 per month in Tempe / ASU District, AZ for April 2026."
      },
      {
        "question": "What is the highest-priced rental option in Tempe / ASU District, AZ for April 2026?",
        "answer": "The most expensive segment is 4BR condos/townhomes with a median rent of $3,064 per month."
      },
      {
        "question": "What is the price gap between condo/townhome and single-family rentals for the same bedroom count in Tempe / ASU District, AZ?",
        "answer": "For 4BR units, condo/townhome rents are $3,064 per month while single-family homes are $2,750, making condos/townhomes $314 higher in Tempe / ASU District, AZ as of April 2026."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1349,
          "2br": 1504,
          "3br": 2196,
          "4br": 2869
        },
        "condo_townhome": {
          "1br": 1372,
          "2br": 1652,
          "3br": 2064,
          "4br": 3064
        },
        "single_family": {
          "1br": 1432,
          "2br": 1720,
          "3br": 2310,
          "4br": 2750
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1298,
          "2br": 1549,
          "3br": 2124,
          "4br": 3164
        },
        "condo_townhome": {
          "1br": 1395,
          "2br": 1653,
          "3br": 2073,
          "4br": 2881
        },
        "single_family": {
          "1br": 1756,
          "2br": 2167,
          "3br": 2416,
          "4br": 2726
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1325,
          "2br": 1515,
          "3br": 2175,
          "4br": 3204
        },
        "condo_townhome": {
          "1br": 1420,
          "2br": 1628,
          "3br": 2115,
          "4br": 2995
        },
        "single_family": {
          "1br": 1722,
          "2br": 1971,
          "3br": 2348,
          "4br": 2692
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1313,
          "2br": 1539,
          "3br": 2217,
          "4br": 3249
        },
        "condo_townhome": {
          "1br": 1401,
          "2br": 1634,
          "3br": 2155,
          "4br": 3069
        },
        "single_family": {
          "1br": 1732,
          "2br": 2140,
          "3br": 2329,
          "4br": 2705
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1319,
          "2br": 1548,
          "3br": 2302,
          "4br": 3307
        },
        "condo_townhome": {
          "1br": 1401,
          "2br": 1642,
          "3br": 2174,
          "4br": 3071
        },
        "single_family": {
          "1br": 1741,
          "2br": 2148,
          "3br": 2332,
          "4br": 2647
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1320,
          "2br": 1538,
          "3br": 2318,
          "4br": 3333
        },
        "condo_townhome": {
          "1br": 1430,
          "2br": 1624,
          "3br": 2182,
          "4br": 3150
        },
        "single_family": {
          "1br": 1744,
          "2br": 2172,
          "3br": 2342,
          "4br": 2638
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1346,
          "2br": 1541,
          "3br": 2300,
          "4br": 3320
        },
        "condo_townhome": {
          "1br": 1431,
          "2br": 1662,
          "3br": 2162,
          "4br": 3106
        },
        "single_family": {
          "1br": 1721,
          "2br": 2142,
          "3br": 2358,
          "4br": 2685
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1392,
          "2br": 1566,
          "3br": 2309,
          "4br": 3309
        },
        "condo_townhome": {
          "1br": 1473,
          "2br": 1695,
          "3br": 2162,
          "4br": 3200
        },
        "single_family": {
          "1br": 1721,
          "2br": 2171,
          "3br": 2385,
          "4br": 2724
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1384,
          "2br": 1565,
          "3br": 2346,
          "4br": 3281
        },
        "condo_townhome": {
          "1br": 1440,
          "2br": 1703,
          "3br": 2211,
          "4br": 3160
        },
        "single_family": {
          "1br": 1720,
          "2br": 2168,
          "3br": 2386,
          "4br": 2740
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1375,
          "2br": 1578,
          "3br": 2282,
          "4br": 3253
        },
        "condo_townhome": {
          "1br": 1427,
          "2br": 1698,
          "3br": 2198,
          "4br": 3090
        },
        "single_family": {
          "1br": 1717,
          "2br": 2135,
          "3br": 2410,
          "4br": 2805
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1384,
          "2br": 1585,
          "3br": 2246,
          "4br": 3216
        },
        "condo_townhome": {
          "1br": 1420,
          "2br": 1719,
          "3br": 2195,
          "4br": 3102
        },
        "single_family": {
          "1br": 1728,
          "2br": 2137,
          "3br": 2414,
          "4br": 2825
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1381,
          "2br": 1568,
          "3br": 2273,
          "4br": 3168
        },
        "condo_townhome": {
          "1br": 1447,
          "2br": 1707,
          "3br": 2169,
          "4br": 3111
        },
        "single_family": {
          "1br": 1680,
          "2br": 2095,
          "3br": 2377,
          "4br": 2776
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/tempe-asu-district-az/",
    "self": "https://data.estaite.com/feeds/tempe-asu-district-az.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}