Roosevelt Row / Downtown, AZ
April 2026
85003,85004,85006
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,517 – $1,677 | -0.84% | 1.21% |
| 2-Bedroom | $1,922 – $2,124 | 5.96% | -0.62% |
| 3-Bedroom | $2,435 – $2,664 | 2.17% | 0.30% |
| 4-Bedroom | $2,988 – $3,173 | -1.97% | -0.54% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,521 – $1,621 | -1.37% | -5.26% |
| 2-Bedroom | $2,011 – $2,114 | -0.70% | -0.71% |
| 3-Bedroom | $2,401 – $2,524 | -0.22% | 2.53% |
| 4-Bedroom | $3,133 – $3,316 | 0.56% | 3.74% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,303 – $1,383 | -5.52% | -13.58% |
| 2-Bedroom | $1,723 – $1,867 | 3.10% | -0.89% |
| 3-Bedroom | $2,095 – $2,270 | 1.65% | 2.01% |
| 4-Bedroom | $2,490 – $2,644 | 0.97% | 0.46% |
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.