Phaya Thai station (Thai: สถานีพญาไท, pronounced [sā.tʰǎː.nīː pʰā.jāː tʰāj]) is a rapid transit station on the Airport Rail Link, BTS Sukhumvit Line and a railway halt on the Eastern Line in Ratchathewi District, Bangkok, Thailand.

The Airport Rail Link station is located above the intercity Eastern Line at a level crossing on Phaya Thai Road.

The station is surrounded by the government buildings, office towers and condominiums along Phaya Thai and Si Ayutthaya Road.

Phaya Thai opened as a halt on 24 January 1907 on the Eastern Line between Bangkok (Hua Lamphong) and Chachoengsao Junction, operated by the State Railway of Thailand.

In recent years, the halt has been criticised for neglect and poor maintenance by the SRT as the tracks are being handed over for construction of the Don Mueang–Suvarnabhumi–U-Tapao high-speed railway.