Updated 2 Hours Ago
Highlights
- Modern amenities
- High-speed internet
- Classic architectural charm
Location
112 N Central Ave #M08, Phoenix, AZ 85004, USA|Downtown Phoenix
Tour 112 N Central Ave #M08
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Property Overview
With 180 photos available, there’s a strong visual preview of the residence and its features. It’s well positioned for working from home with high-speed internet, extra room for an office, nearby ISP choices, and coworking or café options, while walkable surroundings, transit access, 345 nearby restaurants, and 56 parks and recreation options support an active social routine.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Social life
Work-from-home
Eco living
Amenities for 112 N Central Ave #M08, Downtown Phoenix
Features
| Carpet |
Community
| Business Center | Exterior Type: Block |
| Roof Type: Foam |
Other
| Heat Pump Heating | Other (Cooling) |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 112 N Central Ave #M08
Sweet deal!
This listing is 69% below the median price for studio apartments in Downtown Phoenix.
Property Status: Active YOUR OWN PRIVATE SECURED WORKSPACE! Located in the heart of downtown Phoenix, the Heard Building is a beautifully restored historic landmark that blends classic architectural charm with modern amenities. Originally built in 1919, it now serves as a hub for innovative businesses, entrepreneurs, and professionals. The building features fully renovated office suites, upgraded IT infrastructure, high-speed internet, and flexible workspace options tailored to growing companies. Surrounded by dining, transit, and cultural hotspots, it's just steps away from City Hall, the Phoenix Convention Center, and the light rail. Whether you're launching a startup or scaling your business, the Heard Building offers a professional and inspiring place to work and connect. Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 112 N Central Ave #M08 compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.6 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 miles away
- Distance from transit
- More than 3.8 miles from public transportation
- Greater distance from high schools
- The nearest high school is farther than 0.6 miles away
Address details
| Neighborhood | Downtown Phoenix |
|---|---|
| Zip code | 85004 |
| Type | House for rent |
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Rent trends in Downtown Phoenix
studio apartments at 112 N Central Ave #M08 cost about 69% less than the average rent price for studio apartments in Phoenix.
Median rents as of Nov 7 2026.
Downtown Phoenix
Phoenix
| Month | Median Rent |
|---|---|
| November 2024 | $1,038 |
| December 2024 | $1,049 |
| January 2025 | $1,070 |
| February 2025 | $1,072 |
| March 2025 | $1,038 |
| April 2025 | $1,000 |
| May 2025 | $1,000 |
| June 2025 | $999 |
| July 2025 | $995 |
| August 2025 | $995 |
| September 2025 | $995 |
| October 2025 | $986 |
| November 2025 | $960 |
| December 2025 | $981 |
| January 2026 | $988 |
| February 2026 | $961 |
| March 2026 | $950 |
| April 2026 | $963 |
| May 2026 | $948 |
| June 2026 | $950 |
| July 2026 | $924 |
| August 2026 | $930 |
| September 2026 | $941 |
| October 2026 | $989 |
| November 2026 | $999 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,289 |
| December 2024 | $1,319 |
| January 2025 | $1,389 |
| February 2025 | $1,374 |
| March 2025 | $1,379 |
| April 2025 | $1,372 |
| May 2025 | $1,351 |
| June 2025 | $1,338 |
| July 2025 | $1,311 |
| August 2025 | $1,363 |
| September 2025 | $1,323 |
| October 2025 | $1,296 |
| November 2025 | $1,308 |
| December 2025 | $1,343 |
| January 2026 | $1,310 |
| February 2026 | $1,258 |
| March 2026 | $1,200 |
| April 2026 | $1,220 |
| May 2026 | $1,215 |
| June 2026 | $1,261 |
| July 2026 | $1,252 |
| August 2026 | $1,265 |
| September 2026 | $1,289 |
| October 2026 | $1,257 |
| November 2026 | $1,285 |
Affordability calculator
Can I afford to live at 112 N Central Ave #M08?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$15,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $15,960 annually to afford this studio monthly rent price of $399.
For more information on rent affordability, visit our rent calculator.
Schools near 112 N Central Ave #M08
Faith North Early Childhood Learning Center
910 e washington st
phoenix, AZ, 85034
PK, KPublic
B
Paul Dunbar Lawrence School
707 w grant st
phoenix, AZ, 85007
PK, K-8Public
C
Phoenix #1 Iacademy
1817 n 7th st
phoenix, AZ, 85006
K-8Public
C
Augustus H. Shaw Jr. Montessori Elementary School
2301 n 13th st
phoenix, AZ, 85006
PK, K-8Public
B+
Montecito Community School
715 e montecito ave
phoenix, AZ, 85014
PK, K-8Public
Getting around Phoenix near 112 N Central Ave #M08
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 112 N Central Ave #M08, Phoenix
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
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