Luxury Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ (148 Rentals)

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The most luxurious Apartments in the Downtown Phoenix area of Phoenix with high-end amenities, features, and finishes.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Downtown Phoenix - One of the Best Affordable Neighborhoods in Phoenix

Named as one of the Best Affordable Areas to rent in Phoenix by our Phoenix, AZ Local Expert Andrew Jollett. See how it ranks!

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Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

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Downtown Phoenix, Phoenix, AZ Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Phoenix, Phoenix, AZ

Ranked #4

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Phoenix, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

This website compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States, including Phoenix. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Luxury Living Rating

Downtown Phoenix has emerged as one of our favorite high-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, maid services, park views, easy access to green space, and kitchen details like granite and high-end fixtures. Luxury neighborhoods also often offer tile or hardwood floors, raquetball courts, and a full-time security staff or doorman.

Frequently Asked Questions about Downtown Phoenix

How much are Studio apartments in Downtown Phoenix?

There are currently 306 Studio Apartments in Downtown Phoenix with rent ranges from $420 to $3,659 with an average price of $1,352.

What is the current price range for One Bedroom Downtown Phoenix Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown Phoenix ranges from $650 to $5,500 with an average monthly rent of $1,672.

What does renting a Two Bedroom Apartment in Downtown Phoenix cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown Phoenix range from $805 to $8,999. Today's average rental price for Two Bedrooms here is $2,120.

How expensive are Downtown Phoenix Three Bedroom Apartments?

There are currently 278 Three Bedroom Apartments listings available in Downtown Phoenix on ApartmentHomeLiving.com. The pricing ranges from $825 to $14,995 - averaging $2,580 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

Written by: Andrew Jollett

I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.