Harry Kane's penalty had put Bayern ahead before Rice's late equaliser in Munich.
Declan Rice struck in the 82nd minute to earn Arsenal a 2-2 draw against Bayern Munich at the Allianz Arena in the Champions League on Wednesday.
Eberechi Eze, on as an early replacement for the injured Bukayo Saka, gave Arsenal the lead in the 25th minute. Alphonso Davies equalised ten minutes later from a Harry Kane pass.
Kane put Bayern ahead from the penalty spot in the 61st minute after Jurrien Timber blocked his shot with an arm. Substitute Viktor Gyokeres then set up Rice for the equaliser.
Bayern remain unbeaten in the competition with five points from three matches, but have now drawn twice in a row. They visit Atletico Madrid on November 3.
