Special offer

AVE Phoenix Terra

555 N 5th Ave, Phoenix, AZ 85003

Visit AVE Phoenix Terra website

Special offer! Enjoy Up to 8 Weeks Free! Select Apartments. Terms and Conditions apply, please contact the leasing office for details.

Apartment building

Studio-1 bed

Pet-friendly

Other parking

In-unit laundry (W/D)

Available units

Price may not include required fees and charges

Price may not include required fees and charges.

Unit , sortable column	Sqft, sortable column	Available, sortable column	Base rent, sorted ascending
302Special offer 1 bd, 1 ba Floor plan	517	Oct 25	$1,406
547Special offer 1 bd, 1 ba Floor plan	485	Oct 16	$1,697
641Special offer 1 bd, 1 ba Floor plan	485	Dec 11	$1,707
707Special offer 1 bd, 1 ba Floor plan	485	Nov 21	$1,712
623Special offer Studio, 1 ba Floor plan	562	Nov 12	$1,744
418Special offer 1 bd, 1 ba Floor plan 1 photo	566	Nov 7	$1,920
714Special offer 1 bd, 1 ba Floor plan	781	Nov 9	$2,090
548Special offer 1 bd, 1 ba Floor plan	769	Now	$2,125

What's special

Live Better at AVE Terra this Spring! A brand new, state-of-the-art residential community featuring a menu of contemporary apartment floor plans including studio, one-, two- and three-bedroom, unprecedented, on-demand amenities, and a friendly resident service team, right in the heart of Downtown Phoenix.

Office hours

Day	Open hours
Mon - Fri:	8 am - 6 pm
Sat:	10 am - 5 pm
Sun:	10 am - 5 pm

Property map

Tap on any highlighted unit to view details on availability and pricing

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Facts, features & policies

Building Amenities

Other

In Unit: Smart GE washer/dryer in residence

Unit Features

Appliances

Dryer: Smart GE washer/dryer in residence

Washer: Smart GE washer/dryer in residence

Cooling

Air Conditioning

Policies

Parking

Garage: Gated, covered, direct-access parking garage

Parking Lot: Other

Lease terms

6, 7, 8, 9, 10, 11, 12, 13

Pet essentials

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DogsAllowed
Monthly dog rent$35
One-time dog fee$500
CatsAllowed
Monthly cat rent$35
One-time cat fee$500

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Additional details

Restrictions: None

Special Features

Bike Share Powered By Bloom App

Chargepoint Ev Charging Stations On Site

Custom Carpeting In Bedrooms

Fully Equipped Dog Wash Station

Neighborhood: Central City

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Arts Scene
Galleries, murals, and cultural venues showcase creativity and artistic talent.
Walkable Streets
Pedestrian-friendly layout encourages walking to shops, dining, and parks.
Dining Scene
From casual bites to fine dining, a haven for food lovers.
Transit Access
Convenient access to buses, trains, and public transit for easy commuting.

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Anchored by the Roosevelt and Willo historic districts, 85003 blends leafy bungalow streets with new mid-rise living along Central Avenue. Days feel sunny and dry year-round, with hot summers and patio-perfect winters, and residents make the most of walkable blocks lined with indie coffee bars, galleries, and restaurants like Cibo and The Vig Fillmore. Cultural staples include First Friday art walks, the Orpheum Theatre, Margaret T. Hance Park, and the tranquil Japanese Friendship Garden, with the Lincoln Family Downtown YMCA and nearby studios keeping fitness easy. Transit is simple with Valley Metro light rail stops a short stroll away and quick I-10 access for commuters; everyday errands are covered by downtown grocers, farmers markets, and neighborhood shops at CityScape and along Roosevelt/Grand. Recent Zillow market trends show a median asking rent around $1,800, with most listings ranging roughly $1,400-$2,700 depending on size and amenities. The area skews pet friendly thanks to Hance Park's dog area and plenty of shaded sidewalks.