Roosevelt Row / Downtown, AZ
June 2026
85003,85004,85006
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,464 – $1,618 | 1.62% | -5.02% |
| 2-Bedroom | $1,816 – $2,007 | -4.16% | -8.77% |
| 3-Bedroom | $2,320 – $2,549 | -3.38% | -4.38% |
| 4-Bedroom | $3,082 – $3,272 | 0.90% | -0.61% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,455 – $1,521 | 0.74% | -5.48% |
| 2-Bedroom | $2,014 – $2,117 | -0.18% | -2.30% |
| 3-Bedroom | $2,434 – $2,622 | 2.44% | 3.53% |
| 4-Bedroom | $3,152 – $3,347 | 1.41% | 0.73% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,312 – $1,421 | -1.88% | -10.25% |
| 2-Bedroom | $1,802 – $1,980 | 0.37% | 3.78% |
| 3-Bedroom | $2,072 – $2,276 | 5.28% | 3.08% |
| 4-Bedroom | $2,158 – $2,315 | -6.15% | -7.67% |
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.