Dining & food
Pizzeria Bianco
Phoenix
Chris Bianco's tiny wood-fired room at Heritage Square is a national pizza pilgrimage — the James Beard-winning pies are worth the famous wait.
heritage-squarejames-beardpizza
Neighborhood living guide
Downtown Phoenix
Phoenix, Arizona
Downtown Phoenix is the metro's urban core, where the Roosevelt Row arts district spills over with galleries, murals, and independent coffee houses. The light rail makes it the most transit-connected corner of the Valley, and the Footprint Center delivers pro sports and live entertainment within walking distance. It's a walkable, energetic setting built for lock-and-leave high-rise condo living.
95Walk
59Transit
72Bike
Safety
58/100
Cost of living
112
🚗
0 min to downtown
☀️
299 sunny days/yr
🌍 For overseas buyers
Property tax
~0.6%
Est. gross yield
~5.5%
Typical HOA
Condos $400–600/mo
- •Non-resident buyers can finance with ~30–40% down through portfolio lenders; cash purchases are common and quickest.
- •Full-service property management typically runs 8–10% of monthly rent.
- •Buying US property does not grant residency or a visa.
Schools
- ASU Downtown campus
- Phoenix Coding Academy7/10
Community
- Median age
- 32
- Median income
- $58,000
- Median home price
- $450,000
- Summer high
- 108°F
- Winter high
- 67°F
What's nearby
Dining
Roosevelt Row Arts District
Transit
Valley Metro Light Rail
Shopping
Footprint Center
Parks & outdoors
Margaret T. Hance Park
Lifestyle highlights
- ✓Roosevelt Row arts and gallery district
- ✓Best light-rail transit in the Valley
- ✓Walk to sports and live entertainment
- ✓Lock-and-leave high-rise condos
Homes in Downtown Phoenix
Nearby dining & attractions
View the full Phoenix guideArts & culture
Arizona Science Center
Phoenix
This downtown Phoenix institution sprawls across three floors of hands-on science, a planetarium show, and a giant screen—the ultimate escape when the heat peaks.
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Arts & culture
Heard Museum
Phoenix
A beacon of American Indian art and culture since 1929, the Heard pairs world-class collections with living traditions—including the legendary annual Hoop Dance Championship.
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Arts & culture
Phoenix Art Museum
Phoenix
The Southwest's largest art museum holds over 20,000 works spanning centuries and continents, crowned by Kusama's mesmerizing infinity room where you vanish into light and mirrors.
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Arts & culture
Roosevelt Row Arts District
Phoenix
Roosevelt Row is downtown Phoenix's beating creative heart—a walkable grid of grand-scale murals, galleries, vintage shops and indie cafés that pulses especially during the monthly First Friday.
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Events & festivals
First Friday Art Walk
Phoenix
On the first Friday of every month, downtown turns into one of the country's biggest open-air art walks — galleries, food trucks and street performers till late.
artdowntownmonthly
Frequently asked questions
What is it like to live in Downtown Phoenix?
Downtown Phoenix is the metro's urban core, where the Roosevelt Row arts district spills over with galleries, murals, and independent coffee houses. The light rail makes it the most transit-connected corner of the Valley, and the Footprint Center delivers pro sports and live entertainment within walking distance. It's a walkable, energetic setting built for lock-and-leave high-rise condo living.
How walkable is Downtown Phoenix?
Downtown Phoenix has a Walk Score of 82, making it very walkable — most errands can be done on foot.
What are the best-rated schools in Downtown Phoenix?
Top-rated schools include Phoenix Coding Academy (7/10) (GreatSchools-style ratings out of 10).
What is the weather like in Downtown Phoenix?
Phoenix-metro sunshine year-round — about 299 sunny days a year. Summer highs average 108°F and winter highs about 67°F.
What are property taxes and rental yields in Downtown Phoenix?
Effective property tax is about 0.6% per year; estimated gross rental yield is around 5.5%; typical HOA: Condos $400–600/mo.
What is the median home price in Downtown Phoenix?
The median home price is around $450,000; median household income is about $58,000.