Long-term Rental Rates — September 2026 · ZIPs: 85012,85013,85014
Local market data by Estaite
As of September 2026, rental prices in Midtown Phoenix (85012, 85013, 85014), in the Phoenix metro area, range from $1,305 to $3,387 per month depending on property type and bedroom count.
The largest year-over-year change was seen in 3-bedroom apartments, which declined 4.24% in Midtown Phoenix, AZ.
For 2-bedroom homes, condos/townhomes command a median rent of $1,732, while single-family rentals are higher at $2,005.
What is the overall rent range in Midtown Phoenix, AZ for September 2026?
As of September 2026, rents in Midtown Phoenix (85012, 85013, 85014), Phoenix metro area, range from $1,305 for 1-bedroom apartments to $3,387 for 4-bedroom condos/townhomes.
Which segment in Midtown Phoenix, AZ had the sharpest month-over-month change in September 2026?
The sharpest month-over-month movement occurred in 3-bedroom apartments, which decreased by 3.70% in Midtown Phoenix, AZ during September 2026.
What is the premium gap between condos/townhomes and single-family homes for the same bedroom count in Midtown Phoenix, AZ?
Midtown Phoenix, AZ 2-bedroom condos/townhomes rent for $1,732, while 2-bedroom single-family homes are higher at $2,005, a difference of $273 per month as of September 2026.
What is the most expensive property and bedroom combination in Midtown Phoenix, AZ for September 2026?
The most expensive segment is 4-bedroom condos/townhomes with a median rent of $3,387 per month in Midtown Phoenix, AZ as of September 2026.
Midtown Phoenix, AZ· Phoenix metro
September 2026
85012,85013,85014
Long-term Rental Rates
Long-term rental rates for Midtown Phoenix (85012,85013,85014), in the Phoenix metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,253 – $1,357
1.10%
2.42%
2-Bedroom
$1,558 – $1,722
1.40%
2.69%
3-Bedroom
$2,117 – $2,326
-3.70%
-4.24%
4-Bedroom
$3,193 – $3,375
0.73%
4.41%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,371 – $1,413
0.60%
0.50%
2-Bedroom
$1,663 – $1,801
-1.70%
-1.22%
3-Bedroom
$2,281 – $2,398
-0.87%
-0.25%
4-Bedroom
$3,285 – $3,461
1.46%
0.85%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,536 – $1,638
1.81%
-3.18%
2-Bedroom
$1,941 – $2,069
0.18%
-3.86%
3-Bedroom
$2,307 – $2,499
-0.65%
2.28%
4-Bedroom
$2,799 – $3,063
-1.28%
0.31%
Data updated: October 19, 2026
Midtown Phoenix Rental Trends · Phoenix metro
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.
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.
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.