AVE Phoenix Terra isn't just where you live it's how you Live Better(R). Experience elevated apartment living with award-winning service, curated community events, and resort-style amenities that blend home, work, and leisure in the heart of Phoenix. We offer a variety of spacious studio, 1, and 2 bedroom apartments featuring 11-foot ceilings and chef-inspired kitchens with GE appliances and quartz countertops. Select apartments feature kitchen islands, built-in wine fridges, and private patios or balconies. From our tranquility courtyard to our multi-zone fitness center and connection-inspired social spaces, every amenity is designed to elevate your everyday. Discover vibrant Downtown Phoenix with boutique shopping, diverse restaurants, and world-class entertainment all just steps from your front door. Looking for something more flexible? Our furnished apartments are the perfect solution for stays of 30 days or longer, offering all the comforts of home with the flexibility you need.
Explore 3D tour
Status: Special offer
AVE Phoenix Terra
555 N 5th Ave, Phoenix, AZ 85003
*Pricing shown is inclusive of current offers. Valid for first time AVE residents only.
Apartment building
Studio-2 beds
Pet-friendly
Other parking
In-unit laundry (W/D)
Available units
Price may not include required fees and charges. Price shown reflects the lease term provided for each unit.
 Unit 719 Studio, 1 ba | 562 | Dec 29 | $1,502 |
 Unit 654 1 bd, 1 ba | 769 | Nov 30 | $1,724 |
 Unit 635 2 bd, 2 ba | 1,096 | Now | $2,302 |
What's special
3D tours
- Interactive floorplan 1
Interactive floorplan 2
Interactive floorplan 3
Interactive floorplan 4
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
Use ctrl + scroll to zoom the map
Facts, features & policies
Building Amenities
Community Rooms
- Business Center With Various Flexible Workspaces
- Conference Room Available For Reservation
- Fitness Center With State-Of-The-Art Equipment
- Game Room: Outdoor Gaming Area With Billiards And Ping-Pong
- Pet Washing Station
- Resident Social Lounge With TV And Fireplace
Other
- In Unit: Smart GE Washer/Dryer In Residence
- Swimming Pool: Resort-Style Pool, Hot Tub, And Sundeck
Outdoor common areas
- Courtyard With Zen Fountain And Putting Green
View description
- Wraparound Terrace With City And Mountain Views
Unit Features
Appliances
- Dryer
- Washer
Cooling
- Air Conditioning
Policies
Parking
- Gated, Covered, Direct-Access Parking Garage
- Other
Lease terms
- 6, 7, 8, 9, 10, 11, 12, 13
Pet essentials
Additional details
| Restrictions: None
Special Features
- Bike Share Program Powered By Bloom App
- Chef-Inspired Event Kitchen And Dining Areas
- Custom Carpeting In Bedrooms
- Dedicated Spin Room With Indoor/Outdoor Access
- EV Charging Stations By Charge Point
- Package Acceptance With Mobile Alerts
- Poolside Seating Areas And Fire Pit Lounge
- Private Work-From-Home Pods
- Resident Cafe With Complimentary Hot Beverage Bar
- Resident Services Mobile App & Amenity Scheduler
- Resident Services Team On-Site 7 Days A Week
- Secure Personal Gigabit WiFi Throughout Community
- Terrace Fire Pit Lounges And Social Seating Areas
Neighborhood: Central City
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
/ 100
Very WalkableTransit Score®
/ 100
Good TransitNearby schools in Phoenix
Kenilworth Elementary School
Grades PK-8 • 0.6 miles5/10
GreatSchools® Rating
Test Score Rating
4/10Student Progress Rating
5/10Central High School
Grades 9-12 • 3.4 miles3/10
GreatSchools® Rating
College Readiness Rating
2/10Student Progress Rating
3/10Living in Phoenix
Central City occupies Phoenix’s urban core in the Sonoran Desert, where hot, dry summers and mild winters shape outdoor routines. The neighborhood includes the Arizona State Capitol and historic districts such as Roosevelt Row, known for murals, galleries, and a lively arts scene. Margaret T. Hance Park offers open space, walking paths, and a playground, while the Burton Barr Central Library provides a major indoor destination. Downtown brings a mix of restaurants, cafés, shops, and evening venues; local options range from casual dining to contemporary cuisine. Light rail and bus routes connect the area to other parts of Phoenix, and central streets make some errands practical on foot or by bike, though summer heat can affect travel. For Central City, the median rent is $1,350 per month, with a typical range of $650 to $5,350.
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Frequently asked questions
What is the walk score of AVE Phoenix Terra?
AVE Phoenix Terra has a walk score of 84, it's very walkable.
What is the transit score of AVE Phoenix Terra?
AVE Phoenix Terra has a transit score of 64, it has good transit.
What schools are assigned to AVE Phoenix Terra?
The schools assigned to AVE Phoenix Terra include Kenilworth Elementary School and Central High School.
Does AVE Phoenix Terra have in-unit laundry?
Yes, AVE Phoenix Terra has in-unit laundry for some or all of the units.
What neighborhood is AVE Phoenix Terra in?
AVE Phoenix Terra is in the Central City neighborhood in Phoenix, AZ.
What are AVE Phoenix Terra's policies on pets?
A maximum of 2 cats are allowed per unit. This building has a one time fee of $500 and monthly fee of $35 for cats. A maximum of 2 dogs are allowed per unit. This building has a one time fee of $500 and monthly fee of $35 for dogs.
Does AVE Phoenix Terra have virtual tours available?
Yes, 3D and virtual tours are available for AVE Phoenix Terra.
