Roosevelt Row

Phoenix, AZ

Downtown's walkable arts district — converted bungalows, galleries, breweries, and the monthly First Friday art walk — with new mid-rise rentals along Central Avenue. Median home values sit at $1180K — well above the Phoenix-metro median — and the neighbourhood is home to roughly 29,804 residents with a median household income near $81K.

Prices are up 6.9% year-over-year — one of the faster-appreciating pockets in the metro. Rents average around $4,050/month, and 78% of homes are owner-occupied. Demographically, the area skews toward a family-heavy mix with strong demand for good schools and quieter streets, with a longer 32-minute commute, mostly highway-driven and 77% of adult residents holding a bachelor's degree or higher.

On the lifestyle side, Roosevelt Row is car-dependent, though a cluster of neighbourhood shops softens the edges (Walk Score 36). Inside the neighbourhood footprint OpenStreetMap counts 29 restaurants, 8 cafés, 3 grocery stores, and 5 parks — the kind of day-to-day density that shapes how it actually feels to live here, beyond the price tag.

Key Neighbourhood Stats

Last updated: 2026-04

Median Home Value

$1.2M

+6.9% YoY

Month-over-Month

+0.7%

vs. last month

Median Rent

$4,050/mo

+3.3% YoY

Walk Score

36

Car-dependent

Transit / Bike

16 / 32

out of 100

Median Home Price Trend

Roosevelt Row — 24-month rolling

Who lives here

Census ACS 5-year estimates

Population29,804
Median household income$81,000
Median age39.0 yrs
Families with children47.6%
Owner-occupied78.2%
Bachelor's degree or higher77.0%
Median commute32 min

Getting around

Walk Score & OpenStreetMap amenity data

Walk Score36
Transit Score16
Bike Score32

Amenities within neighbourhood

29

Restaurants

8

Cafés

3

Grocery

5

Parks

6

Schools

7

Transit stops

Schools

77% of Roosevelt Row residents hold a bachelor's degree or higher. For school-level ratings, boundaries, and test scores, see GreatSchools.

View schools on GreatSchools

Sun Belt Weekly Digest

Market data, migration trends, and analysis for 5 Sun Belt metros — every Friday.

Data sources: Zillow ZHVI & ZORI (home value, rent), U.S. Census Bureau ACS 5-Year estimates (demographics), Walk Score (walkability), OpenStreetMap (amenity counts). Neighbourhood boundaries approximate Census tract groupings. Not financial or investment advice.