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Updated 4 hours ago

The Rey Downtown


400 N 2nd Ave Phoenix, AZ

1 - 2 Bed
1 - 2 Bath

675 - 1,219 Sq. Ft.

Available Now
Deal

LIVE SUMMER RENT FREE! Celebrate Independence Day with a bang and big savings! Move in by 4th of July weekend and get up to 2 MONTHS FREE rent!

1 Bed • 1 Bath
$1,720 - $2,603
731 ft2
3 Available
Unit 749
$1,813+
Available Now
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Unit 649
$1,720+
Available Now
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Unit 712
$1,787+
Available Aug 7th, 2025
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1 Bed • 1 Bath
$1,738 - $2,708
773 ft2
9 Available
Unit 745
$1,838+
Available Now
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Unit 731
$1,838+
Available Now
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Unit 459
$1,738+
Available Now
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Unit 503
$1,738+
Available Now
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Unit 461
$1,753+
Available Jul 16th, 2025
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Unit 401
$1,753+
Available Jul 25th, 2025
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Unit 274
$1,762+
Available Aug 3rd, 2025
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Unit 761
$1,862+
Available Aug 6th, 2025
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Unit 647
$1,738+
Available Sep 25th, 2025
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1 Bed • 1 Bath
$1,602 - $2,080
675 ft2
1 Available
Unit 707
$1,602+
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,668 - $2,162
690 ft2
1 Available
Unit 244
$1,668+
Available Now
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1 Bed • 1 Bath
$1,728 - $2,236
767 ft2
1 Available
Unit 208
$1,728+
Available Now
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2 Beds • 1 Bath
$2,157 - $2,870
1141 ft2
1 Available
Unit 104
$2,157+
Available Now
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2 Beds • 2 Bath
$2,470 - $3,367
1219 ft2
1 Available
Unit 753
$2,470+
Available Now
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2 Beds • 1 Bath
$1,959 - $2,670
1109 ft2
1 Available
Unit 150
$1,959+
Available Now
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2 Beds • 1 Bath
$2,157 - $2,870
1147 ft2
1 Available
Unit 154
$2,157+
Available Now
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View Rented Units
2 Beds • 2 Bath
$2,145 - $3,305
1082 ft2
2 Available
Unit 206
$2,197+
Available Jul 23rd, 2025
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Unit 526
$2,145+
Available Aug 20th, 2025
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
92
Walker's Paradise
Transit Score®
65
Good Transit
Bike Score®
76
Very Bikeable
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Pool
Walk In Closets
Hardwood Floors
Skyline Views
Quartz Countertops
Business Lounge
Picturesque Views
Quartz Countertops
Quartz Countertops
Quartz Countertops
Mezzanine Lounge Area
Cabanas
Luxury Interior Finishes
Ultra-modern Bright And Open Spaces
Stratis Smart Home Technology
Sleek Kitchen Designs
Modern Black Industrial Pendant Lighting
High Speed Home Internet Service Provided By Cox
Live Work Apartments Available
Luxury Double Vanities
Convenient Work From Home Space
Balcony, Deck, Patio
Clubhouse
Business Center
Rec Room
Range / Oven
Cable-ready
High-speed Internet
Secured Entry
Microwave
Stainless Steel Appliances
Expansive Windows
Ceiling Fans
Carpet
Barbecue
Bike Parking
Fire Pit
Online Community Portal
Online Payments
Pool Table
Yoga Studio
Rooftop Lounge
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Dog Grooming Area
Pet Rent: $35.00
Breed Restrictions:

Akita, Anatolian Shepherd, Australian Cattledog, Beauceron, Belgian Shepherd, Bernese Mountain Dog, Black Russian Terrier, Cane Corso, Catahoula Leopard Dog, Chinese Shar Pei, Chow-Chow, Doberman Pinscher, Dogue De Bordeaux, German Shepherd, Great Dane, Great Pyranees, Husky, Malamute, Mastiff, Pit Bull (including Pit Bull Terriers, American Pit Bull Terrier, Staffordshire Terrier, or Bull Terrier), Presa Canario, Rhodesian Ridgeback, Rottweiler, St. Bernard, and Wolf Mixed Breeds

Number Limit:

3 pets per home

Restrictions: $3
Pet Deposit: $250.00
Lease & Fees
Lease Length:

6, 7, 8, 9, 10, 11, 12, 13, 14, 15

Property details
Description

Celebrate Independence Day with a bang and big savings! Move in by 4th of July weekend and get up to 2 Months FREE rent! Ready to make your move? Let’s get you settled just in time for the fireworks. Schedule a tour or ask us anything—we’re here to help!Located in the lively Roosevelt Row District, The Rey offers stylishly designed studio, one-, and two-bedroom apartments, plus live-work spaces—all just minutes from downtown nightlife, entertainment, dining, and sports venues. Your stylish, pet-friendly home is ready for you and your furry friends!Apply online today at The Rey Downtown and secure your spot at Phoenix’s hottest new address.

Additional Details
Total Unit Count: 323
Last Updated: Updated 4 hours ago
Contact Number: (602) 635-3182
Property manager information
Fore Property Company
Ask a question
Office Hours
Sunday: 10:00 AM - 5:00 PM
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 10:00 AM - 5:00 PM
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Rey Downtown by bedroom type below.
1 Bedroom
Suggested income:
$62,600
per year
2 Bedroom
Suggested income:
$79,500
per year
Rent report

The Rey Downtown Rent vs. Phoenix Average

 The Rey Downtown      Phoenix Average
1BR
$1,738
$1,330
$0
$600
$1,200
$1,800
$2,400
2BR
$2,210
$1,596
$0
$750
$1,500
$2,250
$3,000

The Rey Downtown is asking 31% more than the average 1 bedroom apartment in Phoenix.

If you upsized to an average priced Phoenix 2 bedroom apartment, you would pay 17% more per month.

If you downsized to an average priced Phoenix studio apartment, you would pay 9% less per month.

The Rey Downtown provides 9% more square footage than the average Phoenix 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Rey Downtown
1BR $1,738 $2.30 $5,215
2BR $2,210 $1.90 $6,629
Phoenix Average
Studio $1,216 $2.70 $3,647
1BR $1,330 $1.90 $3,989
2BR $1,596 $1.70 $4,787
3BR $2,291 $1.60 $6,874
4BR $3,437 $1.60 $10,312

Availability in Phoenix

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 2,554 1BR units on the market in Phoenix. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 40% 38% 10% 2%
Available Units in Phoenix
Studio 554
1BR 2,554
2BR 2,434
3BR 669
4BR 150
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Select Specialty Hospital Phoenix Downtown 1.14 mi.
Ban NER Good Samaritan Medical Center 1.26 mi.
Ban NER University Medical Center Phoenix Campus 1.31 mi.
Nearby Fire Stations
Name Distance
Enterprise Fire Company #1 0.6 mi.
Arizona Department Of Corrections 1.15 mi.
Phoenix Fire Department 1.28 mi.
FAQs
Is this property currently leasing units?
Yes. There are 31 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 29 units available for move-in over the next 2 months. 16 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 675 to 1,219 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,602 to $3,650. The Rey Downtown has 1 bedroom units available starting at $1,602 and 2 bedroom units available starting at $1,959.
Where is this property located?
This property is at 400 N 2nd Ave in Phoenix, AZ. It's 1.1 miles northwest from the center of Phoenix.
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