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Luxury Apartments for Rent in Downtown Phoenix, Phoenix, AZ

868 Rentals Available
Luxury Apartments for Rent in Downtown Phoenix, Phoenix, AZ. 868 Rentals Available
  • 188
    Top Rated for Location
    Rent Specials
    well appointed kitchen with modern white cabinetry at Roosevelt Square apartments in Phoenix luxury bathroom with modern white cabinetry at Roosevelt Square apartments
    4.0
    Today

    121 West Portland Street, Phoenix, AZ 85003
    25 Units available
    STUDIO $1,127+
    1 BED $1,483+
    2 BEDS $1,931+
    Property reviews
    5/5 Anonymous on Nov 4, 2025

    I lovd it here. Its an amazing place to live

    5/5 Sheila N. on Oct 22, 2023

    I am grateful to Roosevelt Square and its staff for making my quick move to Phoenix as simple as possible. Great location!!

  • 56
    Top Rated for Staff
    Rent Specials
    Eat-In Kitchen Table at AVE Phoenix Sky, Phoenix, AZ, Arizona Bedroom With Plenty Of Natural Lights at AVE Phoenix Sky, Phoenix, AZ, 85003
    4.0
    Today

    601 N 3Rd Avenue, Phoenix, AZ 85003
    Available
    STUDIO $1,500
    1 BED $1,965
    Property reviews
    5/5 Joel R. on Sep 1, 2025

    Management, Staff, Community and This Residence are all 5 Stars!!

    5/5 Don B. on Dec 15, 2024

    Good and prompt service so far, wonderful amenities

  • 16
    Top Rated for Location
    Rent Specials
    a kitchen with a island and a stainless steel refrigerator at AVE Phoenix Terra, Arizona, 85003 a bedroom with a large bed and a ceiling fan at AVE Phoenix Terra, Arizona, 85003
    5.0
    Today

    555 N 5Th Avenue, Phoenix, AZ 85003
    Available
    STUDIO $1,549
    1 BED $1,657+
    Property reviews
    5/5 Anonymous on Jan 5, 2024

    Best living pksce super clean love the staff thanks for everything

    5/5 Review on Oct 9, 2023

    Amazing place to live! Easy access to downtown Phoenix!

  • Today

    802 N. 1St Avenue, Phoenix, AZ 85003
    STUDIO $1,724+
    1 BED $2,373+
    2 BEDS $3,536+
  • Today

    50 E. Fillmore Street, Phoenix, AZ 85004
    STUDIO $1,667+
    1 BED $2,132+
    2 BEDS $3,078+
  • Today

    817 N 6Th St, Phoenix, AZ 85004
    STUDIO $1,422+
    1 BED $1,796+
    2 BEDS $3,263+
  • Today

    880 N 1St Ave, Phoenix, AZ 85003
    STUDIO $1,560+
    1 BED $1,425+
    2 BEDS $2,185+
  • Today

    330 East Roosevelt Street, Phoenix, AZ 85004
    STUDIO $1,465+
    1 BED $1,690+
    2 BEDS $1,925+
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  • Today

    600 N. Fourth St., Phoenix, AZ 85004
    STUDIO $1,210+
    1 BED $1,470+
    2 BEDS $1,670+
  • Today

    188 E. Jefferson St., Phoenix, AZ 85004
    STUDIO $1,676+
    1 BED $1,911+
    2 BEDS $2,340+
  • Today

    888 N. 4Th St., Phoenix, AZ 85004
    STUDIO $1,278+
    1 BED $1,424+
    2 BEDS $1,678+
  • Today

    400 N 2Nd Ave, Phoenix, AZ 85003
    1 BED $1,437+
    2 BEDS $1,862+
  • Today

    700 N 4Th, Phoenix, AZ 85004
    STUDIO $1,425+
    1 BED Ask for Pricing
    2 BEDS $1,820+
  • Today

    601 W. Fillmore Street, Phoenix, AZ 85003
    1 BED $1,404+
    2 BEDS $1,771+
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  • Today

    200 E Fillmore Street, Phoenix, AZ 85004
    STUDIO $2,110+
    1 BED $1,666+
    2 BEDS $1,659+
  • Today

    411 South 3Rd Street, Phoenix, AZ 85004
    STUDIO $1,532+
    1 BED $1,276+
    2 BEDS $1,973+
  • Today

    333 E. Mckinley St., Phoenix, AZ 85004
    STUDIO $1,045+
    1 BED $1,235+
    2 BEDS Ask for Pricing
  • Today

    Unit 1091, Phoenix, AZ 85032
    2 BEDS $2,200
  • Today

    115 W Mcdowell, Phoenix, AZ 85003
    STUDIO $1,500
  • Today

    309 W Mcdowell, Phoenix, AZ 85003
    STUDIO $2,500
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  • Today

    1616 North Central Avenue, Phoenix, AZ 85004
    STUDIO $1,295+
    1 BED $1,560+
    2 BEDS $1,939+
  • Today

    1150 E Washington Street, Phoenix, AZ 85034
    STUDIO $1,309+
    1 BED $1,499+
    2 BEDS $2,245+
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    2332 North 7Th Street, Phoenix, AZ 85006
    1 BED $1,558+
    2 BEDS $2,130+
  • Today

    31 East Thomas Road, Phoenix, AZ 85012
    STUDIO $1,278+
    1 BED $1,503+
    2 BEDS $2,213+
  • Today

    3010 North 2Nd St, Phoenix, AZ 85012
    STUDIO $1,464+
    1 BED $1,637+
    2 BEDS $2,486+
20-5-nhood
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Downtown Phoenix, Phoenix, AZ rent trends

Rental prices in Downtown Phoenix, Phoenix, AZ have decreased by 3.2% over the past year. The average rent moved from $2,028 to $1,963.

Average rent in Downtown Phoenix, Phoenix, AZ

$1,963/mo Downtown Phoenix, Phoenix, AZ average rental price, October 2025
Image Average Rent

The average monthly rent for an apartment in Downtown Phoenix, Phoenix, AZ is around $1,963.

    What's the typical rent budget in Downtown Phoenix, Phoenix, AZ?

    A share of 21% of apartments in Downtown Phoenix, Phoenix, AZ have the cheapest rents between $1,001-$1,500. Around 9% of rentals are $2,501-$3,000. Around 44% of Downtown Phoenix's apartments have monthly rents between $1,501-$2,000. There are 20% of apartments with rents between $2,001-$2,500. A share of 6% of apartment rentals in Phoenix are in the > $3,000 range.

    The largest share of rentals in Downtown Phoenix, Phoenix, AZ (44%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Downtown Phoenix, AZ

    95 /100
    Walker's Paradise
    65 /100
    Good Transit
    70 /100
    Very Bikeable
    Walk Score®: 95, Transit Score®: 65, Bike Score®: 70

    Frequently asked questions

    What is the price of a luxury apartment in Downtown Phoenix, Phoenix, AZ?

    The price range is between $750 and $10,000.

    How many luxury rentals are available in Downtown Phoenix, Phoenix, AZ on RentCafe?

    There are 800 luxury rentals available on RentCafe. Prices and availability in Downtown Phoenix, Phoenix, AZ were last updated on 2 Dec 2025.

    What is the average size of a luxury apartment in Downtown Phoenix, Phoenix, AZ?

    The average Downtown Phoenix, Phoenix, AZ luxury apartment size is 906 sq. ft.

    What are the advantages of renting a luxury apartment in Downtown Phoenix, Phoenix, AZ?

    Renting a luxury apartment in Downtown Phoenix, Phoenix, AZ comes with many amenities, more space and central locations.

    What are the downsides of renting a luxury apartment in Downtown Phoenix, Phoenix, AZ?

    Luxury apartments tend to be more expensive and have higher utility bills.

    Downtown Phoenix, Phoenix, AZ demographics

    • 8,883Total Population
    • 4,193 Female
      4,690 Male
    • 32Median Age

    In total, Downtown Phoenix, Phoenix, AZ has 8,883 residents, 4,193 women and 4,690 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Phoenix’s population is 32.

    Downtown Phoenix, Phoenix, AZ households

    • 1,130 Family
      3,400 Non-family
    • 452 Children
      4,078 No Children
    • 4,530Total Number of Households
    • 0.98Average People Per Household
    • $63,961Median Household Income

    There is a total of 4,530 households in Downtown Phoenix, Phoenix, AZ. Of these, 452 have children and 4,078 are without children. Per Census Bureau’s most current estimates, 1,130 family households and 3,400 non-family households live in this area. The size of a household in Downtown Phoenix is 0.98 people, on average. The median household annual income in Downtown Phoenix equals $63,961, and the monthly housing costs equal $1,526.

    Downtown Phoenix, Phoenix, AZ education statistics

    According to data from the U.S. Census Bureau, 3% of the population in Downtown Phoenix, Phoenix, AZ have no high school education, 24% went to high-school, and 23% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 29% hold a Bachelor Degree, and 17% hold a Graduate Degree.

    Renting a luxury apartment in Downtown Phoenix, Phoenix, AZ

    Are you looking for a luxury apartment in Downtown Phoenix, Phoenix, AZ? Most of the new apartment buildings in Downtown Phoenix, Phoenix, AZ are catering to higher-income lifestyle renters who are interested in living in prime locations, which means that there is a nice selection of luxury units available on the market. This type of rentals is becoming very popular and trendy among young professionals, especially millennials. You will find 25 upscale, Class A buildings in Downtown Phoenix, Phoenix, AZ to choose from, with as many as 868 high-end apartments for rent. Some of the best apartments are located in Downtown Phoenix, Phoenix, AZ, so finding the perfect apartment that fits your style, whether modern and high-tech, or classic and elegantly furnished, is easier than you think. If having plenty of living space is important to you, newer apartment complexes offer large apartments with open floor-plans, typically above the average apartment size in the area, which is 1,023 Sqft. Some also offer extra storage space, bike racks, and car garages.

    High rise apartments are where luxury meets convenience

    On average, apartments in Downtown Phoenix, Phoenix, AZ go for $2,479 per month, with the most expensive high-end apartments renting for up to $10,000 per month. Location is key for a convenient lifestyle. Luxury studio apartments, especially those located in a high-rise close to the best restaurants and entertainment in the area, are a top choice for singles. On the other hand, luxury townhomes located near the best school in the Downtown Phoenix, Phoenix, AZ are what families are looking for. Filter your search results by number of bedrooms and number of baths for a customized list of available apartments in your area. If you like upscale living but are not inclined to spend more than you have to, there are also cheap luxury apartments priced from $1,045 you can take a look at.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!