Cheap Apartments for Rent in the Downtown Flagstaff Neighborhood of Flagstaff, AZ from $700 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Cedarcrest Village
2 to 3 Bedroom Apartments

Cedarcrest Village

2251 N Izabel StFlagstaff, AZ 86004

Downtown Flagstaff, Flagstaff, AZ Local Guide

Best Value Apartments for Rent in Downtown Flagstaff, AZ

As of October 28, 2025 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 119 S Florence St Model at 119 S Florence St, Unit Building d starting at $800 with a $0.67 price per square foot in the La Plaza Vieja 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
119 S Florence St, Unit Building d119 S Florence St4BR,4BA$0.67
WoodcrestThe Cedar RF3BR,2BA$2.46
The Overlook at Buffalo Park2x22BR,2BA$2.29
Lofts on the MesaDon't Miss Out! Live Rent Free! Stop by the Off...2BR,2BA$2.40
Aspen Leaf2 x 1 (860 SF)2BR,1BA$2.05
Sterling PointeMcMillian1BR,1BA$2.14
Ridge at Clear Creek1BR/1BA1BR,1BA$2.29
212 S Leroux St, Unit 3212 S Leroux St1BR,1BA$2.29
Clear Creek Village1BR/1BA - 6681BR,1BA$2.56

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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.

Getting Around the Downtown Flagstaff Neighborhood in Flagstaff, AZ

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

97 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

64 / 100

Good Transit

Many nearby public transportation options

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 $1,610.

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 36 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 $683 which is $1,732 cheaper than the average rent for all rentals in Downtown Flagstaff.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.