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Luxury Apartments for Rent in Downtown Phoenix, Phoenix, AZ

539 Rentals Available
Luxury Apartments for Rent in Downtown Phoenix, Phoenix, AZ. 539 Rentals Available
  • a living room with a couch and a coffee table
    Today

    817 N 6Th St, Phoenix, AZ 85004
    STUDIO $1,402+
    1 BED $1,837+
    2 BEDS $2,796+
  • a living room with couches and a bar and a kitchen
    Today

    700 N 4Th, Phoenix, AZ 85004
    STUDIO $1,639+
    1 BED $2,016+
    2 BEDS $2,240+
  • a living room with a white couch and a coffee table
    Today

    555 N 5Th Avenue, Phoenix, AZ 85003
    1 BED $1,542
    2 BEDS $2,850
    3 BEDS $4,450
  • a living room with a green couch and a kitchen in the background
    Today

    330 East Roosevelt Street, Phoenix, AZ 85004
    STUDIO $1,816+
    1 BED $1,830+
    2 BEDS $2,497+
  • a living room with a couch and a large window
    Today

    600 N. Fourth St., Phoenix, AZ 85004
    STUDIO $1,553+
    1 BED $1,640+
    2 BEDS $2,319+
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  • an open living room with a couch and a table
    Today

    601 N 3Rd Avenue, Phoenix, AZ 85003
    STUDIO $1,540
    1 BED $2,350
    2 BEDS $3,295+
  • a living room with a couch and a table and a television
    Today

    121 West Portland Street, Phoenix, AZ 85003
    STUDIO $1,186+
    1 BED $1,436+
    2 BEDS $2,163+
  • a family sitting on a couch looking at a cell phone
    Today

    Roosevelt & 3Rd Ave, Phoenix, AZ 85003
    STUDIO $1,575+
    1 BED $2,075+
    2 BEDS $2,775+
  • a living room with a couch and a coffee table
    Today

    601 W. Fillmore Street, Phoenix, AZ 85003
    1 BED $1,581+
    2 BEDS $2,303+
  • a living room with blue couches and chairs and a large painting
    Today

    400 N 2Nd Ave, Phoenix, AZ 85003
    1 BED $1,606+
    2 BEDS $1,786+
  • a living room with a couch and a table
    Today

    888 N. 4Th St., Phoenix, AZ 85004
    STUDIO $1,399
    1 BED $1,499+
    2 BEDS $1,699+
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  • a sign that says ask about our reduced rates on select homes
    Today

    333 E. Mckinley St., Phoenix, AZ 85004
    STUDIO $1,501+
    1 BED $1,506+
    2 BEDS Ask for Pricing
  • a living room with a leather couch and a coffee table
    Today

    411 South 3Rd Street, Phoenix, AZ 85004
    STUDIO Ask for Pricing
    1 BED $1,686+
    2 BEDS $2,176+
  • a living room with a blue couch and a fireplace
    Today

    200 E Fillmore Street, Phoenix, AZ 85004
    STUDIO $1,756+
    1 BED $2,062+
    2 BEDS $2,269+
  • a living room with a couch and a table
    Today

    355 North Central Ave., Phoenix, AZ 85004
    STUDIO $1,335+
    1 BED $1,760+
    3 BEDS $1,150+
  • a living room with a couch and a coffee table
    Today

    888 N 1St Ave, Phoenix, AZ 85003
    STUDIO $1,430+
    1 BED $1,550+
    2 BEDS Ask for Pricing
  • a living room with a couch and a table
    Today

    800 N. 2Nd Street, Phoenix, AZ 85004
    STUDIO $1,199+
    1 BED Ask for Pricing
    2 BEDS $1,679+
  • a large living room with a dining room table and chairs
    Today

    825 N. 6Th Avenue, Phoenix, AZ 85003
    2 BEDS Ask for Pricing

  • More Rentals Near Downtown Phoenix, Phoenix, AZ

  • a kitchen and living room with a large screen tv
    Today

    31 East Thomas Road, Phoenix, AZ 85012
    STUDIO $1,448+
    1 BED $1,698+
    2 BEDS $2,263+
  • an open living room with a leather couch and a kitchen with a bar and chairs
    Today

    3010 North 2Nd St, Phoenix, AZ 85102
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with couches and chairs and a fireplace
    Today

    222 W Clarendon Ave, Phoenix, AZ 85013
    STUDIO $1,375+
    1 BED $1,444+
    2 BEDS $1,650+
  • a living room with a couch and a tv
    Today

    1502 E Osborn Road, Phoenix, AZ 85014
    STUDIO Ask for Pricing
    1 BED $1,040+
    2 BEDS $1,365+
  • a kitchen with white cabinets and a stainless steel dishwasher
    Today

    2229 W FAIRMOUNT Avenue, PHOENIX, AZ 85015
    4 BEDS $1,995
  • a living room with carpet and a ceiling fan
    Today

    2034 W Turney Ave, Phoenix, AZ 85015
    4 BEDS $2,270
  • a kitchen with a refrigerator and a stove
    Today

    3250 N 26Th Pl, Phoenix, AZ 85016
    4 BEDS $2,210
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Downtown Phoenix, Phoenix, AZ rent trends

Rental prices in Downtown Phoenix, Phoenix, AZ have decreased by 3.49% over the past year. The average rent moved from $2,013 to $1,943.

The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Phoenix, Phoenix, AZ is $1,943.

Average rent in Downtown Phoenix, Phoenix, AZ

$1,943/mo Downtown Phoenix, Phoenix, AZ average rental price, January 2026
Image Average Rent

The average monthly rent for an apartment in Downtown Phoenix, Phoenix, AZ is around $1,943.

    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 8% of rentals are $2,501-$3,000. Around 46% of Downtown Phoenix's apartments have monthly rents between $1,501-$2,000. There are 18% 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 (46%) 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 for a luxury apartment in Downtown Phoenix, Phoenix, AZ is between $1,150 and $9,226.

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

    There are 435 luxury rentals available on RentCafe. Prices and availability in Downtown Phoenix, Phoenix, AZ were last updated on 26 Feb 2026.

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

    The average Downtown Phoenix, Phoenix, AZ luxury apartment size is 875 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

    If you love living like a king or a queen, you might be interested in uniquely furnished, modern apartments. Nothing says elegance like a professionally-designed interior down to the smallest detail. Now you have the best 539 apartments in Downtown Phoenix, Phoenix, AZ to choose from, located in 25 upscale buildings. The average size of this type of apartment in Downtown Phoenix, Phoenix, AZ is around 1,025 Sqft, but if you’re in need of more space, apartment complexes also have large apartments for rent. Luxury townhomes are also a great option for families, especially those located in family-friendly communities, close to schools, preschools and parks. The best apartments on the market in Downtown Phoenix, Phoenix, AZ are up for grabs right now, so don’t miss the chance to level up your lifestyle!

    High rise apartments do come cheap

    We can all agree that high-level amenities give us a sense of accomplishment and a certain feeling of comfort. Well, on the bright side, luxury is now accessible to both multi-millionaires and people with regular incomes. Cheap luxury apartments are not just an illusion - the land of milk and honey is closer than it’s ever been, with prices starting at $1,040. There are no less than 539 luxury studio apartments in Downtown Phoenix, Phoenix, AZ right now waiting to become your future home.

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