φ Pegasi, Latinised as Phi Pegasi, is a solitary, reddish hued star in the northern constellation of Pegasus. With an apparent visual magnitude of around 5.1, it is a faint star that can be seen with the naked eye. Based upon an annual parallax shift of 7.05 mas as seen from Earth, the system is located around 460 light years distant from the Sun. At that distance, the visual magnitude of the star is diminished by an extinction factor of 0.15 due to interstellar dust.