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  1. Parksy
  2. Landmark Parking
  3. United States
  4. Arizona
  5. Phoenix
  6. Arizona State University Mercado

Parking Near Arizona State University Mercado, Phoenix

Landmark Parking · Phoenix, Arizona · Arizona State University Mercado
Published 17 Sep 2026 · 5 min read · Reviewed by the Parksy Editorial Team
542 East Monroe Street
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Where Can I Park for Arizona State University Mercado?

Arizona State University Mercado is at 542 East Monroe Street in downtown Phoenix. ASU’s university garage charges $4 for 1 hour or less, with a maximum rate of $16, and operates Monday through Sunday, 24 hours. Two covered Parksy spaces at 450 N. 5th St. are 273 yards away and cost $10 a day.

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Address
542 East Monroe Street
Closest listed space
Convenient Covered Parking in Phoenix, AZ - 450 N. 5th St., 273 yd (4 min walk)
Nearest station
Union Station, 0.9 mi (18 min walk)

Parking Near Phoenix

Secure Covered Parking at 450 N. 5th St., Phoenix $10.00/day 273 yd Convenient Covered Parking in Phoenix, AZ - 450 N. 5th St. $10.00/day 273 yd Convenient Parking at Phoenix Biomedical Center Garage $4.00/hr 0.2 mi Phoenix Biomedical Campus Garage – Premium Parking Option $4.00/hr 0.2 mi Secure & Affordable Parking at Taylor Street Garage, Phoenix $6.00/hr 0.3 mi Secure 24/7 Garage Parking in Downtown Phoenix $21.50/day 0.3 mi

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A university campus building A university campus building Photo: Pexels / Oli Liao

Parking at Arizona State University Mercado

The campus is at 542 East Monroe Street in downtown Phoenix, and ASU says permits are always required on campus except during university holidays, excluding semester and summer break (cfo.asu.edu). ASU’s daily and hourly parking information lists a garage rate of $4 for 1 hour or less, with a maximum rate of $16 (cfo.asu.edu).

The university’s downtown parking guidance lists Second Avenue and Fourth Avenue lots as available Monday through Friday from 5 a.m. to 8 p.m. (cfo.asu.edu). The same guidance identifies an East garage for students, priced at $660, with opening information listed for Monday through Friday from 6 (cfo.asu.edu). Visitor parking is therefore best planned around ASU’s daily and hourly facilities rather than residence hall lots, reserved stalls, or other restricted locations requiring special permits (cfo.asu.edu).

The Busiest Times Around the Mercado Campus

Parking pressure is strongest during semester periods because ASU requires permits on campus during those periods, while the holiday exception excludes semester and summer break (cfo.asu.edu). Students and staff arriving for weekday classes should expect the most competition around the campus’s Monday through Friday operating window, particularly before the Second Avenue and Fourth Avenue lots close at 8 p.m. (cfo.asu.edu).

ASU also lists university holidays as an exception to its permit requirement, but specifically excludes semester and summer break from that exception (cfo.asu.edu). Vehicles cannot use residence hall lots, reserved stalls, or other restricted locations where special permits are required (cfo.asu.edu).

Parksy Parking Close to Arizona State University Mercado

The closest listed choices are the two covered spaces at 450 N. 5th St., each 273 yards away and priced at $10 a day. Covered parking suits students attending a full day, staff working regular shifts, and visitors who want a predictable daily rate close to the campus. The duplicate location gives drivers two listed booking options for the same distance and daily price.

The Phoenix Biomedical Center Garage and Phoenix Biomedical Campus Garage are each 0.2 miles away and cost $4 an hour. At 0.3 miles, the Taylor Street Garage costs $16 an hour, while a secure 24/7 garage in downtown Phoenix costs $21.50 a day. The daily garage option is better suited to longer visits than the Taylor Street hourly space.

Other Parking Garages Near the Downtown Campus

ASU’s daily and hourly parking information provides a university garage rate of $4 for 1 hour or less, followed by $8 for 1 to 2 hours, $12 for 2 to 3 hours, and $16 for 3 to 4 hours (cfo.asu.edu). The maximum rate is $16, and the facility operates Monday through Sunday, 24 hours (cfo.asu.edu). This is the clearest non-Parksy option for visitors who need an all-day downtown stay.

The ASU downtown guide also lists the Second Avenue and Fourth Avenue lots, where vehicles can park Monday through Friday from 5 a.m. to 8 p.m. (cfo.asu.edu). Students have a separate East garage option priced at $660, with opening information listed for Monday through Friday from 6 (cfo.asu.edu). The campus parking guidance excludes residence hall lots, reserved stalls, and other specially restricted locations from general parking use (cfo.asu.edu).

Walking From Union Station to the Mercado Campus

Union Station is the nearest listed station, 0.9 miles from the campus and an 18-minute walk.

The campus is 0.4 miles from Phoenix center, placing the Mercado address within a walkable downtown area for visitors already in central Phoenix. Drivers using a Parksy space or an ASU garage can combine parking with the final walk instead of searching for a space immediately beside 542 East Monroe Street.

Sources

  • Arizona Department of Transportation
  • USA.gov motor vehicle services
  • Federal Highway Administration
  • Downtown Phoenix Campus Parking & Transit Guide ...
  • Daily, hourly and visitor parking
  • Downtown Phoenix campus permits
  • Parking permits
  • Parking on campus

* Please note: parking prices, time limits and fine amounts change frequently and vary by operator, council and local authority. Everything on this page is indicative and provided on a best-endeavours basis. Always check the sign, the operator or the issuing authority before you rely on a figure.

Frequently Asked Questions

Where Can I Park for Arizona State University Mercado?

Arizona State University Mercado is at 542 East Monroe Street in downtown Phoenix. ASU’s university garage charges $4 for 1 hour or less, with a maximum rate of $16, and operates Monday through Sunday, 24 hours. Two covered Parksy spaces at 450 N. 5th St. are 273 yards away and cost $10 a day.

Are Permits Required for Parking at Arizona State University Mercado?

ASU says permits are always required on campus except during university holidays, excluding semester and summer break. Visitor parking is best planned around daily and hourly facilities rather than residence hall lots, reserved stalls, or other restricted locations requiring special permits.

What Are the Busiest Parking Times Near Arizona State University Mercado?

Parking pressure is strongest during semester periods because ASU requires permits on campus during those periods. Students and staff arriving for weekday classes should expect the most competition during the Monday through Friday operating window, especially before the Second Avenue and Fourth Avenue lots close at 8 p.m.

What Is the Closest Parksy Parking to Arizona State University Mercado?

The closest listed choices are two covered spaces at 450 N. 5th St., each 273 yards away and priced at $10 a day. The duplicate location gives drivers two booking options for the same distance and daily price. Covered parking suits full-day students, regular staff shifts, and visitors wanting a predictable daily rate.

What Are the ASU Garage Parking Rates Near Arizona State University Mercado?

ASU’s university garage rate is $4 for 1 hour or less, $8 for 1 to 2 hours, $12 for 2 to 3 hours, and $16 for 3 to 4 hours. The maximum rate is $16, and the facility operates Monday through Sunday, 24 hours.

How Far Is Union Station From Arizona State University Mercado?

Union Station is the nearest listed station, 0.9 miles from the campus and an 18-minute walk. The campus is 0.4 miles from Phoenix center, placing the Mercado address within a walkable downtown area. Drivers can combine parking with the final walk instead of searching immediately beside the address.

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