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Updated 6 hours ago

The Rey Downtown


400 N 2nd Ave Phoenix, AZ

1 - 2 Bed
•
1 - 2 Bath

690 - 1,301 Sq. Ft.

Available Now
Deal

50% OFF Your First 4 Months, PLUS, Ask About Our Look & Lease Specials. Limited availability — act fast & see a leasing specialist for details today!
Floor plans
1 Bed • 1 Bath
$1,437 - $1,808
690 ft2
1 Available
Unit 244
$1,437+
Available Now
View
1 Bed • 1 Bath
$1,449 - $2,021
731 ft2
11 Available
Unit 409
$1,482+
Available Now
View
Unit 649
$1,482+
Available Now
View
Unit 250
$1,482+
Available Now
View
Unit 204
$1,482+
Available Now
View
Unit 349
$1,497+
Available Now
View
Unit 351
$1,532+
Available Now
View
Unit 549
$1,517+
Available Now
View
Unit 443
$1,517+
Available Dec 14th, 2025
View
Unit 648
$1,466+
Available Dec 25th, 2025
View
Unit 628
$1,449+
Available Jan 10th, 2026
View
Unit 651
$1,475+
Available Feb 9th, 2026
View
View Rented Units
1 Bed • 1 Bath
$1,487 - $2,003
702 ft2
2 Available
Unit 744
$1,487+
Available Now
View
Unit 765
$1,573+
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,507 - $2,016
773 ft2
6 Available
Unit 403
$1,507+
Available Now
View
Unit 645
$1,507+
Available Now
View
Unit 561
$1,507+
Available Now
View
Unit 603
$1,507+
Available Now
View
Unit 301
$1,522+
Available Now
View
Unit 701
$1,607+
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,497 - $1,881
767 ft2
1 Available
Unit 208
$1,497+
Available Now
View
View Rented Units
View More
2 Beds • 1 Bath
$2,157 - $3,149
1147 ft2
1 Available
Unit 154
$2,157+
Available Now
View
2 Beds • 2 Bath
$2,145 - $3,202
1219 ft2
1 Available
Unit 653
$2,145+
Available Now
View
View Rented Units
2 Beds • 2 Bath
$2,335 - $3,468
1301 ft2
1 Available
Unit 511
$2,335+
Available Now
View
View Rented Units
2 Beds • 2 Bath
$1,935 - $3,092
1082 ft2
2 Available
Unit 570
$1,935+
Available Jan 4th, 2026
View
Unit 762
$2,044+
Available Mar 2nd, 2026
View
View Rented Units
2 Beds • 2 Bath
$2,110 - $2,931
1162 ft2
1 Available
Unit 432
$2,110+
Available Jan 10th, 2026
View
View Rented Units
View More
Where you'll live
Street View
Map View
Satellite View
The Rey Downtown
The Rey Downtown
The Rey Downtown
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

50% OFF Your First 4 Months, PLUS, Ask About Our Look & Lease Specials. Limited availability — act fast & see a Leasing Specialist for details today! 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 6 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
Social media posts
Contact The Rey Downtown
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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:
$54,000
per year
2 Bedroom
Suggested income:
$76,700
per year
Rent report

The Rey Downtown Rent vs. Phoenix Average

 The Rey Downtown      Phoenix Average
1BR
$1,502
$1,290
$0
$500
$1,000
$1,500
$2,000
2BR
$2,132
$1,592
$0
$700
$1,400
$2,100
$2,800

The Rey Downtown is asking 16% more than the average 1 bedroom apartment in Phoenix.

If you upsized to an average priced Phoenix 2 bedroom apartment, you would pay 19% more per month.

If you downsized to an average priced Phoenix studio apartment, you would pay 24% less per month.

The Rey Downtown provides 12% more square footage than the average Phoenix 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Rey Downtown
1BR $1,502 $2.00 $4,505
2BR $2,132 $1.80 $6,395
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

Arizona State University Downtown Phoenix

Phoenix College

Gateway Community College

Grand Canyon University

Rio Salado College

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 28 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 26 units available for move-in over the next 2 months. 20 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 690 to 1,301 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 $1,437 to $3,468. The Rey Downtown has 1 bedroom units available starting at $1,437 and 2 bedroom units available starting at $1,935.
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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