Long-term Rental Rates — August 2026 · ZIPs: 85012,85013,85014
Local market data by Estaite
As of August 2026, rental prices in Midtown Phoenix, AZ range from $1,250 to $3,319 per month depending on property type and bedroom count.
The largest year-over-year change was a -3.55% decrease for single-family 1BR homes in Midtown Phoenix, AZ.
For 2BR units, condos/townhomes command a median rent of $1,726 while single-family homes are higher at $1,970.
What is the current rent range for apartments, condos, and single-family homes in Midtown Phoenix, AZ?
As of August 2026, rents in Midtown Phoenix, AZ vary from $1,250 for a 1BR apartment up to $3,319 for a 4BR condo/townhome.
Which rental segment in Midtown Phoenix, AZ saw the largest month-over-month change in August 2026?
The 4BR single-family segment experienced the sharpest month-over-month movement in Midtown Phoenix, AZ with a 2.95% increase to $2,940.
How much higher are single-family 2BR rents compared to condos/townhomes in Midtown Phoenix, AZ?
In August 2026, 2BR single-family homes rent for $1,970, which is $244 higher than the $1,726 median for 2BR condos/townhomes.
What is the most expensive rental type and bedroom combination in Midtown Phoenix, AZ as of August 2026?
The highest median rent is for 4BR condos/townhomes at $3,319 per month in Midtown Phoenix, AZ.
Midtown Phoenix, AZ
August 2026
85012,85013,85014
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,224 – $1,326
4.90%
1.40%
2-Bedroom
$1,533 – $1,695
1.74%
0.80%
3-Bedroom
$2,206 – $2,390
2.54%
-2.04%
4-Bedroom
$3,170 – $3,379
0.72%
3.94%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,376 – $1,418
0.69%
0.46%
2-Bedroom
$1,688 – $1,829
2.09%
1.01%
3-Bedroom
$2,371 – $2,492
1.10%
1.07%
4-Bedroom
$3,220 – $3,419
0.21%
0.21%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,514 – $1,614
0.19%
-3.55%
2-Bedroom
$1,929 – $2,028
2.23%
-2.04%
3-Bedroom
$2,324 – $2,518
1.78%
2.66%
4-Bedroom
$2,843 – $3,155
5.00%
4.01%
Data updated: September 23, 2026
Midtown Phoenix Rental Trends
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.