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Updated 5 hours ago

626 N 5th Ave Unit 117


Phoenix, AZ

Studio
1 Bath

500 Sq. Ft.

Available Now
Studio • 1 Bath
$995 - $1,095
500 ft2
3 Available
Managed By: avail
*MOVE IN SPECIAL - MURPHY BED WITH LOTS OF STORAGE* New and Gorgeously Remodeled Studios at 5th Ave PHX! Murphy Beds - In Unit Washer Dryer!
$1,095
Available Now
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*MOVE IN SPECIAL - UP TO 8 WEEKS FREE! UPDATED STUDIO WITH WASHER DRYER AND TONS OF STORAGE!* New and Gorgeously Remodeled Studios at 5th Ave PHX! Murphy Beds - In Unit Washer Dryer!
$995
Available Dec 19th, 2025
View
*HOLIDAY MOVE IN SPECIAL - UP TO 8 WEEKS FREE! UPDATED STUDIO WITH WASHER DRYER AND TONS OF STORAGE!* New and Gorgeously Remodeled Studios at 5th Ave PHX! Murphy Beds - In Unit Washer Dryer!
$1,095
Available Jan 23rd, 2026
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Where you'll live
Street View
Map View
Satellite View
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $600.00
Property details
Description

Coming Available January 23rd, 2026!
This is a First Floor Unit
Newly Remodeled Studio at 5th Ave PHX – Murphy Beds & In-Unit Washer/Dryer!
*MOVE-IN SPECIAL! 6 WEEKS FREE WHEN SIGNING A 13-MONTH LEASE OR 8 WEEKS FREE WITH AN 18-MONTH LEASE!*
PLEASE ONLY INQUIRE IF YOU MEET THE FOLLOWING REQUIREMENTS:
-No smokers
-No evictions or bankruptcies within the past 60 months
-No crimes against children
-Household income must be at least 3x the monthly rent (proof of income required)
-Full credit & criminal background checks conducted by Acora Asset Management LLC in compliance with all Fair Housing Laws
Take A Virtual Tour! : https://my.matterport.com/show/?m=cPix82WXDy2
*Virtual Tour is of Similar Unit. Units Do Not Come Furnished. Photos are Digitally Staged Using AI Rendering.*
ABOUT THE PROPERTY
Live in Downtown Phoenix, close to the Roosevelt District! This newly remodeled community is located near:
-The Arrogant Butcher, The Vig, Taco Chelo, Pizzeria Bianco, Harumi Sushi & more!
-Shopping, nightlife & entertainment
-ASU Downtown Campus & The Light Rail
-Banner Medical Center & Sky Harbor International Airport
UNIT FEATURES
These beautifully remodeled studio apartments offer:
-Murphy bed/hideaway bed (fits a full or queen mattress – just bring your own!)
-New stainless steel appliances
-Dishwasher & stackable washer/dryer in-unit
-Subway tile shower backsplash
-Tons of storage
-Wood-look laminate flooring
-Premium lighting & dimmable can lighting
-Programmable Nest thermostats
COMMUNITY AMENITIES
-Resort-style pool
-Gated access
-Street parking or assigned parking available
PET POLICY
-Pet-friendly community
-$25/month
-One-time $150 pet fee
-Pet charges are flat, not per animal
-Limit is up to 3 pets
UTILITIES
-Residents responsible for APS Electricity
-Utility Reimbursement Charge: $65/month (Water, Sewer, Trash)
LEASE TERMS & PRICING
-Rent: $1,095/month
-Security Deposit: $600 (on approved credit)
-Application Fee: $65 per applicant
-Resident Services Charge: 2% of monthly rent
-Renter’s insurance required
-Lease Terms: 12, 13, or 18 months
*OPTIONAL: Assigned Parking Space $100/month
For more information, call us at 602-638-3300 or visit AcoraAM.com to apply today.
Offered exclusively by Acora Asset Management LLC
Designated Broker: Colin Ralls
NOW ACCEPTING APPLICATIONS!

Additional Details
Total Unit Count: 1
Last Updated: Updated 5 hours ago
Contact Number: (602) 638-3300
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cox Communications, Inc. 1000.0 35.0
Triad Wireless, LLC 300.0 50.0
CenturyLink, Inc. 80.0 10.0
ViaSat, Inc. 35.0 3.0
Gutierrez-Palmenberg, Inc. 25.0 3.0
Data from June 2020 provided by the FCC
Photos Floor Plans
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 626 N 5th Ave Unit 117 by bedroom type below.
Studio
Suggested income:
$39,400
per year
Rent report

626 N 5th Ave Unit 117 Rent vs. Phoenix Average

 626 N 5th Ave Unit 117      Phoenix Average
Studio
$1,095
$1,038
$0
$400
$800
$1,200
$1,600

626 N 5th Ave Unit 117 is asking 5% more than the average studio apartment in Phoenix.

If you upsized to an average priced Phoenix 1 bedroom apartment, you would pay 20% more per month.

626 N 5th Ave Unit 117 provides 15% more square footage than the average Phoenix studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
626 N 5th Ave Unit 117
Studio $1,095 $2.20 $3,285
Phoenix Average
Studio $1,038 $2.40 $3,114
1BR $1,290 $1.90 $3,871
2BR $1,592 $1.70 $4,775
3BR $2,235 $1.60 $6,706
4BR $3,143 $1.60 $9,428

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 3,064 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% 42% 38% 9% 2%
Available Units in Phoenix
Studio 692
1BR 3,064
2BR 2,797
3BR 650
4BR 121
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Select Specialty Hospital Phoenix Downtown 1.31 mi.
Haven Behavioral Services 1.4 mi.
Ban NER Good Samaritan Medical Center 1.45 mi.
Nearby Fire Stations
Name Distance
Enterprise Fire Company #1 0.81 mi.
Arizona Department Of Corrections 1.0 mi.
Phoenix Fire Department 1.53 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on January 23, 2026.
What's the square footage of the available units?
It's 500 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 studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
626 N 5th Ave Unit 117 has a studio unit starting at $1,095.
Where is this property located?
This property is at 626 N 5th Ave Unit 117 in Phoenix, AZ. It's 1.3 miles northwest from the center of Phoenix.
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