Cheap Apartments for Rent in the Downtown Flagstaff Neighborhood of Flagstaff, AZ from $600 (4 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Flagstaff area of Flagstaff.

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Cedarcrest Village
2 to 3 Bedroom Apartments

Cedarcrest Village

2251 N Izabel StFlagstaff, AZ 86004

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Downtown Flagstaff, Flagstaff, AZ Local Guide

Best Value Apartments for Rent in Downtown Flagstaff, AZ

As of January 29, 2026 the best value apartment in the Downtown Flagstaff area is the $0.57 price per square foot 1001 Model at Wavertree Apartments in the in the La Plaza Vieja neighborhood starting from $850. The second greatest value Downtown Flagstaff apartment is the 3 Bed 3 Bath Model at Lofts on the Mesa starting at $3,085 with a $2.34 price per square foot in the Switzer Mesa neighborhood. Here is today’s list of the best values for Downtown Flagstaff apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wavertree Apartments10014BR,4BA$0.57
Lofts on the Mesa3 Bed 3 Bath3BR,3BA$2.34
119 S Florence St, Unit Building c119 S Florence St4BR,4BA$0.67
The Overlook at Buffalo Park2x22BR,2BA$2.19
Sterling PointeMcMillian1BR,1BA$2.41
Canyon SpringsAspen U1BR,1BA$2.57
Ridge at Clear Creek1BR/1BA1BR,1BA$2.29
WELCOME TO 1965 MOUNTAIN VIEW1 Bedroom ALT1BR,1BA$2.68
Clear Creek Village1BR/1BA - 6681BR,1BA$2.56
Legacy PinesOne Bedroom1BR,1BA$2.73

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Pet Friendly Lifestyle
Downtown Flagstaff, Flagstaff, AZ

Ranked #5

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Downtown Flagstaff, Flagstaff, and the greater Flagstaff area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Flagstaff Apartments

What is a cheap apartment in Downtown Flagstaff?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Flagstaff is under $1,695.

What is the price of a cheap apartment in Downtown Flagstaff?

The cheapest apartment in Downtown Flagstaff is Millpond Village Apartments which is listed at $1,500, while the average apartment in Downtown Flagstaff costs $2,415.

What types of apartments are the cheapest in Downtown Flagstaff?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 72 regular apartments in Downtown Flagstaff that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Flagstaff?

Cheap apartments in Downtown Flagstaff have an average cost of $835 which is $1,580 cheaper than the average rent for all rentals in Downtown Flagstaff.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.