North Central 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% |
In the North Central Phoenix (85012, 85013, 85014) rental market, 2-bedroom apartments experienced a notable surge, reaching a median rent of $1,634 following a 6.72% month-over-month increase. The annual growth for this segment was minimal at 0.33%, underscoring the impact of recent price movements.
Rent levels for single-family 2-bedroom homes in North Central Phoenix (85012, 85013, 85014) declined sharply to $1,651, posting a -16.61% drop year-over-year and -12.03% month-over-month. This decrease is greater than the -3.54% YoY downturn seen for 2-bedroom condo/townhomes.
When reviewing North Central Phoenix (85012, 85013, 85014) rental trends, 1-bedroom condos settled at $1,298, marking a -4.84% YoY decline. Meanwhile, 1-bedroom apartments maintained a slight lead at $1,300, supported by a 1.32% increase year-over-year.