diff --git a/cpp/cmake_modules/ThirdpartyToolchain.cmake b/cpp/cmake_modules/ThirdpartyToolchain.cmake
index e07e13cab5db8..35ad4089e7f91 100644
--- a/cpp/cmake_modules/ThirdpartyToolchain.cmake
+++ b/cpp/cmake_modules/ThirdpartyToolchain.cmake
@@ -816,21 +816,9 @@ endif()
 if(DEFINED ENV{ARROW_THRIFT_URL})
   set(THRIFT_SOURCE_URL "$ENV{ARROW_THRIFT_URL}")
 else()
-  set_urls(THRIFT_SOURCE_URL
-           "https://www.apache.org/dyn/closer.cgi?action=download&filename=/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://downloads.apache.org/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://apache.claz.org/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://apache.cs.utah.edu/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://apache.mirrors.lucidnetworks.net/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://apache.osuosl.org/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://ftp.wayne.edu/apache/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://mirror.olnevhost.net/pub/apache/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://mirrors.gigenet.com/apache/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://mirrors.koehn.com/apache/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://mirrors.ocf.berkeley.edu/apache/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://mirrors.sonic.net/apache/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "https://us.mirrors.quenda.co/apache/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
-           "${THIRDPARTY_MIRROR_URL}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz")
+  set(THRIFT_SOURCE_URL
+      "https://dlcdn.apache.org/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
+  )
 endif()
 
 if(DEFINED ENV{ARROW_UCX_URL})
@@ -1775,6 +1763,7 @@ macro(build_thrift)
       set(THRIFT_LIB_SUFFIX "md")
       list(APPEND THRIFT_CMAKE_ARGS "-DWITH_MT=OFF")
     endif()
+    # NOTE(amoeba): When you bump Thrift to >=0.21.0, change bin to lib
     set(THRIFT_LIB
         "${THRIFT_PREFIX}/bin/${CMAKE_IMPORT_LIBRARY_PREFIX}thrift${THRIFT_LIB_SUFFIX}${CMAKE_IMPORT_LIBRARY_SUFFIX}"
     )
diff --git a/cpp/thirdparty/versions.txt b/cpp/thirdparty/versions.txt
index 30fa24a209482..369a49744b49d 100644
--- a/cpp/thirdparty/versions.txt
+++ b/cpp/thirdparty/versions.txt
@@ -107,8 +107,8 @@ ARROW_SUBSTRAIT_BUILD_VERSION=v0.44.0
 ARROW_SUBSTRAIT_BUILD_SHA256_CHECKSUM=f989a862f694e7dbb695925ddb7c4ce06aa6c51aca945105c075139aed7e55a2
 ARROW_S2N_TLS_BUILD_VERSION=v1.3.35
 ARROW_S2N_TLS_BUILD_SHA256_CHECKSUM=9d32b26e6bfcc058d98248bf8fc231537e347395dd89cf62bb432b55c5da990d
-ARROW_THRIFT_BUILD_VERSION=0.16.0
-ARROW_THRIFT_BUILD_SHA256_CHECKSUM=f460b5c1ca30d8918ff95ea3eb6291b3951cf518553566088f3f2be8981f6209
+ARROW_THRIFT_BUILD_VERSION=0.20.0
+ARROW_THRIFT_BUILD_SHA256_CHECKSUM=b5d8311a779470e1502c027f428a1db542f5c051c8e1280ccd2163fa935ff2d6
 ARROW_UCX_BUILD_VERSION=1.12.1
 ARROW_UCX_BUILD_SHA256_CHECKSUM=9bef31aed0e28bf1973d28d74d9ac4f8926c43ca3b7010bd22a084e164e31b71
 ARROW_UTF8PROC_BUILD_VERSION=v2.7.0
@@ -164,7 +164,7 @@ DEPENDENCIES=(
   "ARROW_RE2_URL re2-${ARROW_RE2_BUILD_VERSION}.tar.gz https://github.com/google/re2/archive/${ARROW_RE2_BUILD_VERSION}.tar.gz"
   "ARROW_S2N_TLS_URL s2n-${ARROW_S2N_TLS_BUILD_VERSION}.tar.gz https://github.com/aws/s2n-tls/archive/${ARROW_S2N_TLS_BUILD_VERSION}.tar.gz"
   "ARROW_SNAPPY_URL snappy-${ARROW_SNAPPY_BUILD_VERSION}.tar.gz https://github.com/google/snappy/archive/${ARROW_SNAPPY_BUILD_VERSION}.tar.gz"
-  "ARROW_THRIFT_URL thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz https://archive.apache.org/dist/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
+  "ARROW_THRIFT_URL thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz https://dlcdn.apache.org/thrift/${ARROW_THRIFT_BUILD_VERSION}/thrift-${ARROW_THRIFT_BUILD_VERSION}.tar.gz"
   "ARROW_UCX_URL ucx-${ARROW_UCX_BUILD_VERSION}.tar.gz https://github.com/openucx/ucx/archive/v${ARROW_UCX_BUILD_VERSION}.tar.gz"
   "ARROW_UTF8PROC_URL utf8proc-${ARROW_UTF8PROC_BUILD_VERSION}.tar.gz https://github.com/JuliaStrings/utf8proc/archive/${ARROW_UTF8PROC_BUILD_VERSION}.tar.gz"
   "ARROW_XSIMD_URL xsimd-${ARROW_XSIMD_BUILD_VERSION}.tar.gz https://github.com/xtensor-stack/xsimd/archive/${ARROW_XSIMD_BUILD_VERSION}.tar.gz"