Adara
888 N 4th St,
Phoenix, AZ 85004
$750 - $3,400
Studio - 4 Beds
Downtown Phoenix is home to some of Arizona's most important cultural institutions, entertainment centers and professional sports teams, so residents never need to go far to find fun. The dining scene is top notch, featuring an eclectic mix of over 100 restaurants to satisfy any appetite. Performance venues of every size host symphony orchestras, rock bands, comedy shows, and theater productions regularly. A variety of museums and the University of Arizona campus boost the area’s intellectual capital, and residents enjoy quick access to pro baseball and basketball games just down the street.
As a major commercial center, the neighborhood’s high rises house dozens of corporate offices, making it an ideal spot for urban professionals who want the ability to walk to work. The extensive sidewalk system makes it easy to walk anywhere, and green spaces like the lush Margaret T. Hance Park provide gorgeous oases in the desert sun. Located in the south central section of the Phoenix Valley, Downtown Phoenix lies within an easy drive of Mesa, Tempe, and the South Mountains. When you're ready to get out of town, the Phoenix Sky Harbor International Airport is just a short train ride away.
As of November 2025, the average apartment rent in Central City is $1,311 for a studio, $1,471 for one bedroom, $2,024 for two bedrooms, and $1,753 for three bedrooms. Apartment rent in Central City has decreased by -4.7% in the past year.
Studio
502 sq ft
Average Sq Ft
$1,311/month
Average Rent
1 BR
656 sq ft
Average Sq Ft
$1,471/month
Average Rent
2 BR
995 sq ft
Average Sq Ft
$2,024/month
Average Rent
3 BR
699 sq ft
Average Sq Ft
$1,753/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.