Roosevelt Row / Downtown, AZ
August 2026
85003,85004,85006
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,478 – $1,601 | -0.71% | 0.33% |
| 2-Bedroom | $1,971 – $2,135 | 6.40% | 2.70% |
| 3-Bedroom | $2,172 – $2,401 | -4.65% | -7.59% |
| 4-Bedroom | $3,063 – $3,253 | 5.56% | -0.67% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,544 – $1,646 | 2.40% | -4.26% |
| 2-Bedroom | $2,111 – $2,219 | -0.17% | 0.06% |
| 3-Bedroom | $2,499 – $2,691 | -0.53% | 4.00% |
| 4-Bedroom | $3,209 – $3,442 | 0.75% | 3.88% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,476 – $1,521 | 3.59% | 2.50% |
| 2-Bedroom | $1,836 – $1,989 | 3.31% | 1.90% |
| 3-Bedroom | $2,161 – $2,374 | 1.26% | 3.15% |
| 4-Bedroom | $2,530 – $2,725 | 7.56% | 3.26% |
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.
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.
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.