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Ambassador West
The property at 345 North 5th Avenue offers modern conveniences with spacious one- and two-bedroom thoughtfully designed apartments, creating a welcoming atmosphere. Located near top-rated schools and surrounded by a rich array of parks, museums, and dining options, it emphasizes social engagement and environmental sustainability with excellent public transit access. Residents can enjoy both quality amenities and a vibrant community life within walking distance.
Things you’ll love
Less expensiveElementary school nearbyHigh school nearbyGreat for
Social life
Eco livingOne-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
Ambassador West offers thoughtfully designed one and two-bedroom apartments, providing residents with comfortable and affordable living in a prime Phoenix location. Our community is ideal for individuals and families seeking modern conveniences, quality amenities, and a welcoming atmosphere. Whether you're looking for a cozy one-bedroom retreat or a spacious two-bedroom home, Ambassador West delivers affordability without compromising on comfort.
How 345 N 5th Ave compares to other nearby properties.
Positives
Considerations
| Neighborhood | Downtown Phoenix |
|---|---|
| Zip code | 85003 |
| Type | Apartment for rent |
1-bedroom apartments at 345 N 5th Ave cost about 54% less than the average rent price for 1-bedroom apartments in Phoenix.
| Month | Median Rent |
|---|---|
| December 2023 | $1,310 |
| January 2024 | $1,320 |
| February 2024 | $1,294 |
| March 2024 | $1,288 |
| April 2024 | $1,298 |
| May 2024 | $1,315 |
| June 2024 | $1,311 |
| July 2024 | $1,300 |
| August 2024 | $1,312 |
| September 2024 | $1,295 |
| October 2024 | $1,288 |
| November 2024 | $1,293 |
| December 2024 | $1,277 |
| January 2025 | $1,295 |
| February 2025 | $1,280 |
| March 2025 | $1,288 |
| April 2025 | $1,259 |
| May 2025 | $1,250 |
| June 2025 | $1,250 |
| July 2025 | $1,217 |
| August 2025 | $1,236 |
| September 2025 | $1,249 |
| October 2025 | $1,219 |
| November 2025 | $1,202 |
| December 2025 | $1,199 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,901 |
| January 2024 | $1,914 |
| February 2024 | $1,812 |
| March 2024 | $1,882 |
| April 2024 | $1,875 |
| May 2024 | $1,840 |
| June 2024 | $1,866 |
| July 2024 | $1,899 |
| August 2024 | $1,839 |
| September 2024 | $1,848 |
| October 2024 | $1,841 |
| November 2024 | $1,783 |
| December 2024 | $1,748 |
| January 2025 | $1,782 |
| February 2025 | $1,771 |
| March 2025 | $1,773 |
| April 2025 | $1,768 |
| May 2025 | $1,791 |
| June 2025 | $1,798 |
| July 2025 | $1,769 |
| August 2025 | $1,839 |
| September 2025 | $1,873 |
| October 2025 | $1,821 |
| November 2025 | $1,706 |
| December 2025 | $1,701 |
Can I afford to live at 345 N 5th Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$30,840/yr
| 6 months ago | $963 |
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