$564,488Average Value$428Average Price per Sq Ft51Homes For Sale
Downtown Phoenix is a newer city center that’s still evolving
Unlike many cities that developed around an urban core, Phoenix primarily attracted homebuyers to its suburban fringes well into the 1980s. The downtown area, as we know it today, only began taking shape as a dense, walkable place following the introduction of the light rail and Arizona State University in the early 2000s. Now, Downtown Phoenix flaunts all the trappings of a thriving city center, including an eclectic dining scene with over 200 restaurants, sports arenas, music venues, rooftop lounges, museums, theaters and art galleries. "And it's all [fresh] because it's been [revitalized]," says Tim Cusick, an associate broker with Homelogic Real Estate, who has sold homes for more than 20 years.
Valley Metro light rail runs along Central Avenue through the Downtown Phoenix area.
A vibrant mural burst with color in the heart of Downtown Phoenix, where modern skyscrapers rise behind historic buildings and light rail lines weave through the energetic city core.
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Competitive dining, some retail and a year-round farmers market
"There are many up-and-coming chefs that have establishments here, and they are always trying to outdo [each other]," Cusick says. "Because of the competition, it just breeds a great food selection." At least a dozen new establishments opened in 2024. Carry On is one of the latest spots, serving vintage cocktails and "in-flight snacks" in a setting inspired by a 1970s jet cabin. Durant's has been a consistent fixture of Downtown Phoenix since 1950 but recently changed hands and is now partially owned by two James Beard-nominated restaurateurs. Arizona Center, Collier Center and Cityscape are local mixed-use spaces that combine bars, restaurants and event spaces. The area's retail options are limited. "Scottsdale Fashion [Square] is where everyone goes [around 12 miles away]," Cusick says. Local grocers include Fry's Food Market and Safeway, while the Downtown Phoenix Farmers Market is open year-round on Saturdays.
The Arrogant Butcher is a lively urban bistro with sidewalk dining, upscale American comfort food, and a popular happy hour scene near the Footprint Center and Symphony Hall.
Located near the light rail, Fry's Food and Drug in Downtown Phoenix provides residents and professionals with convenient access to groceries, pharmacy services, and fresh meal options.
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Robust commuter options keep residents connected
The light rail runs through the city center's heart, complemented by bus services. Interstate 10 is the primary highway connection, intersecting with Interstate 17 within around 3 miles. "You can [also] get from one end of the valley to another on a surface street," says Realtor Mario Romero of The Melcher Agency, with over 40 years of industry experience.
Big entertainment, annual celebration and everyday fun
Downtown offers a bustling entertainment scene. "We always have all kinds of stuff going on like any other big city," Romero says. "You name the parade, and they have it." Splashed in colorful murals, the 11-block Roosevelt Row Arts District hosts events such as the First Fridays Art Walk, a weekly Sidewalk Saturday artisan market and the annual Phoestivus holiday market. Several theaters accommodate concerts, symphonies and off-Broadway shows. On game days, sports lovers head to the Footprint Center to watch the Phoenix Suns and Phoenix Mercury play, and to Chase Field to cheer on the Arizona Diamondbacks.
Stroll through creativity every Saturday at vibrant artisan markets in Downtown Phoenix.
Treat yourself with decadent delights found during Downtown Phoenix’s First Friday Art Walk.
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Modest parks and Margaret T. Hance Park, a 32-acre gem
Downtown Phoenix features a mix of modest urban green spaces, some more passive than others. One of them, Peace Park, offers a quiet place to walk and reflect outside St. Mary's Roman Catholic Basilica. The largest green space is Margaret T. Hance Park, spanning 32 acres and boasting an immersive playground with a rabbit and fox climber, rock wall, rope course, massive sandbox and a splash pad. There's also a dog park on the grounds with fenced-in sections for smaller and larger pups. Nearby, visitors can enjoy a meditative Japanese garden and the Burton Barr Library, which has over 1 million volumes. Cusick says extreme heat keeps people moving from one air-conditioned building to another during the summer.
Margaret T. Hance Park offers a scenic green space in the heart of Downtown Phoenix, with play areas, cultural events, and views of nearby historic neighborhoods.
Visitors enter the Japanese Friendship Garden, a tranquil oasis featuring koi ponds, tea ceremonies, and carefully curated landscapes that reflect traditional Japanese design.
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Diverse housing options and crime challenges
Romero says people are surprised by the amount of green in downtown Phoenix, with palm trees springing from the most urban corridors. Residential options include high-rise condos, historic single-family homes and townhouses. Vintage homes are Craftsman style, but some are inspired by adobe architecture. Prices vary from the $600,000s to over $1 million for large homes, to the $200,000s to $500,000s for small homes. Condos typically range from the low $300,000s to the low $700,000s, with luxury penthouses surpassing $1 million. Townhouses range from around $250,000 to over $900,000. While condos are often midcentury and newer, some townhouses were also built as far back as the 1920s. Homeowners Association fees are common for condos and townhouses, covering amenities such as pools, rooftop lounges and fitness centers. "And many of them are along the light rail or within walking distance," Romero says.
The area's CAP Index Crime Score is 10 out of 10. The national average is 4. The Phoenix Police Department's Community Engagement Bureau works to prevent crime, in part, by establishing community partnerships. Their youth programs, which help young people understand the inner workings and value of the department, are a vital aspect of this work.
Whimsical Tudor-style cottages like this one add a storybook charm to pockets of Downtown Phoenix, standing out with steeply pitched roofs, stonework, and lush garden paths.
Ranch-style homes fit right in with the style of Downtown Phoenix homes.
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Educational opportunities through schools and universities
The Phoenix Union High School District serves Downtown Phoenix. Ralph Waldo Emerson Elementary School, catering to kindergarten through eighth-grade students, earns a C rating on Niche, while Central High School earns a B-minus rating. In the past five years, 96 Central High students achieved National Merit Scholar recognition. Local higher education options include Arizona State University, the University of Arizona College of Medicine and Northern Arizona University Phoenix Bioscience Core. The city offers various educational enrichment through its museums, such as the Heard Museum, devoted to American Indian art.
Central High School serves students from across Downtown Phoenix and is known for its diverse student body, competitive academic programs, and central locations within Phoenix's urban core.
ASU hosts classes in Downtown Phoenix, including the Walter Cronkite School of Journalism.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Downtown Phoenix neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Phoenix
US
Homicide
9
4
Sexual Assault
10
4
Assault with Weapon
10
4
Robbery
9
4
Burglary
10
4
Motor Vehicle Theft
10
4
Larceny
10
4
Crime Score
9
4
Source: WhatIsMyCrimeRisk.com
Downtown Phoenix Demographics and Home Trends
On average, homes in Downtown Phoenix, Phoenix sell after 82 days on the market compared to the national average of 56 days. The median sale price for homes in Downtown Phoenix, Phoenix over the last 12 months is $480,000, down 14% from the median home sale price over the previous 12 months.
Elevated luxury living in the heart of downtown. This exceptional residence at Portland on the Park offers refined urban style with a modern industrial edge. Spacious 2-bed, 2-bath layout features floor-to-ceiling windows, lofted ceilings, and engineered hardwood floors. Sweeping skyline vistas with downtown lights twinkling from your balcony. The chef's kitchen boasts quartz countertops, gas
Elevated outlook from this exceptional residence at Portland on the Park. Offering refined high-rise living with panoramic mountain & city views. Designed for the discerning buyer. This 2-bedroom, 2-bath home features soaring lofted ceilings, floor-to-ceiling windows, engineered hardwood floors, and a private balcony ideal for entertaining or unwinding above the city. The sleek chef's kitchen is
UNICORN ALERT! Come fall head over heels for this stunning urban dwelling! Spectacular views from every room of the vibrant (and growing!) downtown Phoenix skyline! It is almost magical day or night! Imagine watching the 4th of July fireworks or the monsoon storms rolling in, you can capture it all from your dining room chair! Open kitchen with induction stove, wine fridge, wood floors t/o, this
Rare penthouse opportunity at Summit at Copper Square on the 22nd floor, featuring sought-after north facing skyline views of downtown Phoenix. With 1,899 sq ft, this is the largest 2 bedroom floor plan in this luxury high-rise, complete with a bonus room, 3 full baths, floor-to-ceiling windows, and an extended balcony wrapping north to east. Both bedrooms are ensuite with walk-in closets and
UNICORN ALERT! Rarely does this expanded floor plan come available and no wonder, it is great! Split bedroom floorpan with 'just a bit more' sq feet in the living room than the average home in this building. Add in the stunning South facing downtown views from this 8th floor unit and you got a showstopper! Open island kitchen with Bosh appliances including a gas stove, quartz counters and wood
Penthouse Dreams in the Roosevelt Arts District. A rare opportunity to own one of a few true penthouses in Metro Phoenix. Set along the grass-and-tree-lined streets of the historic Roosevelt District, where mid-century style meets dramatic skyline and mountain views, this two-bedroom, two-bath penthouse spills out onto one of the largest penthouse balconies in the US. The balcony wraps around 2
Beautifully updated property located in a gated community directly across from ASU Downtown, offering unbeatable walkability to the light rail, Footprint Center, Phoenix Convention Center, Arizona Center, CityScape, and all that downtown Phoenix has to offer. This one-bedroom, one-bath unit features all-new cabinetry, updated tile flooring throughout, custom plantation shutters, and a stylish
Luxury penthouse like no other in downtown PHX! You'll own the skyline views and top 2 penthouse floors in this magnificent suite at Portland on the Park! Wrapped in dramatic 24-ft glass, the light-filled great room frames cinematic, north-facing views of mountains, city lights, Hance Park + Japanese Friendship Garden. Steps away from downtown cuisine/arts/culture amenities. Spacious private
208 W Portland St. #262- Swanky downtown 2 bed, 2 bath **large end-unit condo**city skyline & mountain views. Open concept floor plan with wall of windows and two exits to a spacious balcony offering plenty of seating areas and views. Kitchen features abundant cabinetry, granite, gas cooktop, built-in microwave and oven. Separate laundry room for full size washer + dryer. Primary suite offers
Downtown Phoenix Restaurant for Sale. An exceptional opportunity to lease a beautifully designed built-out restaurant in the heart of Downtown Phoenix in the Alfred Hitchcock Famous Orpheum Lofts Art Deco Style High-Rise Building. This turnkey space is designed to impress with a modern layout, stylish finishes, and extensive kitchen infrastructure -- ideal for an operator looking to launch
Located on the 5th floor of the historic Orpheum Lofts, this one-bedroom, one-bath residence enjoys a desirable setting with impressive views of the downtown city lights. The generously sized layout features soaring 10'8'' ceilings, wood flooring, exposed ductwork, and distinctive red brick walls, all contributing to an open, loft-style design. The building itself is solidly constructed of
Live the downtown lifestyle in this rare, beautifully remodeled top‑floor residence at Portland Place, bordering Hance Park. South‑facing with breathtaking Downtown Phoenix skyline and South Mountain views, the light‑filled split 2‑bed plan features an open island kitchen and generous living room made for entertaining. Resort‑style amenities include a rooftop pool,
PERFECT FOR THE RENTER SEEKING AN URBAN, LOCK-AND-LEAVE LIFESTYLE, THIS MODERN HOME FEATURES RICH ESPRESSO HARDWOOD FLOORS, MATCHING CABINETRY, AND ECO-FRIENDLY QUARTZ COUNTERTOPS. THE SMART LAYOUT OFFERS TWO SECONDARY BEDROOMS AND A PRIVATE TOP-LEVEL PRIMARY SUITE WITH A SPACIOUS WALK-IN CLOSET, SPA-STYLE BATH, AND BALCONY WITH CITY VIEWS. ENJOY A TWO-CAR TANDEM GARAGE WITH DIRECT ACCESS AND
This is a mid century modern mixed use building with 3 suites, 100, 150 and 200. Suite 100 is the largest unit at 2220 square feet which can be used as a live work unit.
We don't just rent apartments. From the moment you walk through the front door, you'll feel the comfort and security that makes our residents happy to call us home. Cutting-edge amenities, meticulously-groomed grounds, and a dedicated staff contribute to a higher standard of living. Convenient shopping, award-winning schools, local museums, and parks are all close at hand, with sponsored
Discover elevated urban living at Willetta 15?an architecturally designed boutique community in downtown Phoenix. Each of the 15 modern residences offers high-end finishes, natural light, and smart functionality. Enjoy a sleek kitchen with dark gray flat-panel cabinets, quartz countertops, stainless steel appliances, and LED lighting. The open living area includes ceiling fans and modern
Live in the center of it all at Linear in Roosevelt Row, Downtown Phoenix. Our thoughtfully designed one and two-bedroom apartments offer modern finishes, open layouts, and floor-to-ceiling windows that showcase the energy of the city. Steps from local art galleries, coffee shops, dining, and nightlife, Linear places you in one of Phoenix's most dynamic neighborhoods. Enjoy resort-style
Discover elevated urban living at Willetta 15?an architecturally designed boutique community in downtown Phoenix. Each of the 15 modern residences offers high-end finishes, natural light, and smart functionality. Enjoy a sleek kitchen with dark gray flat-panel cabinets, quartz countertops, stainless steel appliances, and LED lighting. The open living area includes ceiling fans and modern
Live in the center of it all at iLuminate in Roosevelt Row, Downtown Phoenix. Our thoughtfully designed studio, one, and two-bedroom apartments offer modern finishes, open layouts, and floor-to-ceiling windows that showcase the energy of the city. Steps from local art galleries, coffee shops, dining, and nightlife, iLuminate places you in one of Phoenix's most dynamic neighborhoods. Enjoy
Must see this STUDIO apartment home in The Hilton Apartments on 2nd Ave & Roosevelt that ready for immediate move in. This apartment is very cute with very functional kitchen that a gas stove/oven, refrigerator, and microwave. This home has NO CARPET!! Gated Community and FREE WASHER AND DRYER LAUNDRY FACILITY. There is a 2% monthly admin fee due on top of the rent.
Welcome to Saiya! Experience Roosevelt Row in a new light where city-living cool meets the vibrant Sonoran spirit, creating a unique blend of urban sophistication and desert charm. Our unmatched amenities are thoughtfully paired with curated residences, offering an exceptional living experience. SAIYA features a range of options to suit your lifestyle, including studio, one-bedroom, two-bedroom,
Experience the ULTIMATE in DOWNTOWN HIGH-RISE living at SUMMIT at Copper Square! This 1+1.5 CONTEMPORARY 16th-floor unit has exceptional west and northwest city views from the bedroom and private terrace. The unit is nicely appointed with wood and travertine flooring, stainless appliances, granite counters, upgraded lighting and fixtures, washer/dryer, exposed ductwork, large walk-in closet, and
Welcome to Rosie, a thoughtfully designed community in the heart of Downtown Phoenix, offering studio, one-, and two-bedroom apartments. Our homes come optionally fully-furnished with stylish, comfortable essentials, and community amenities are crafted to support balanced living. Work from home effortlessly in our 4,500 sq. ft. co-working space featuring private offices and high-speed Wi-Fi, or
Discover the best of Central Phoenix living in this beautifully updated 2-story townhome, perfectly positioned in the heart of the vibrant Roosevelt Row Arts District. Surrounded by some of the citys most sought-after dining, coffee shops, art galleries, and nightlife, this location offers an unbeatable urban lifestyle just steps from your front door.Spanning over 1,600 sq ft, this
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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