1229 W Pierce St
PhoenixAZ85007
Cheap Apartments for Rent in the Capitol Neighborhood of Phoenix, AZ from $580 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Capitol area of Phoenix.
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Rent Specials
$7991 to 2 Bedroom Apartments Available Now
Ambassador West Apartments
345 N 5th AvePhoenix, AZ 85003
1145-1147 W Fillmore St
PhoenixAZ85007
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Rent Specials
$825 - $950Studio Apartments Available Soon
16th Ave Apartments
201-209 N 16th AvePhoenix, AZ 85007
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$849 - $1,4001 Bedroom Apartments Available Now
TerraceVue
622 N 9th AvePhoenix, AZ 85007
1524 W Monroe St
PhoenixAZ85007
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325 N 17th Dr
PhoenixAZ85007
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Rent Specials
$1,046 - $3,428Studio to 2 Bedroom Apartments Available Now
AVE Phoenix Sky
601 N 3rd AvePhoenix, AZ 85003
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Studio to 1 Bedroom Apartments
Woodland West
1201 W Woodland AvePhoenix, AZ 85007
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Studio Apartments
1229 W Pierce St
1229 W Pierce StPhoenix, AZ 85007
1338 W Monroe St
PhoenixAZ85007
2033 W Madison St
PhoenixAZ85009
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Studio to 2 Bedroom Apartments
Monroe Street Abbey
334 W Monroe StPhoenix, AZ 85003
1513 W Taylor St
PhoenixAZ85007
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1 Bedroom Apartments
212 N 21st Ave
212 N 21st AvePhoenix, AZ 85009
1342 W Monroe St
PhoenixAZ85007
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Studio Apartments
5TH AVE PHX
626 N 5th AvePhoenix, AZ 85003
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Studio to 2 Bedroom Apartments
1301 W Monroe St
1301 W Monroe StPhoenix, AZ 85007
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Showing Results 1-18, Page 1 of 1
Capitol, Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Capitol?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitol Studio Apartments | $1,276 | $699 | $1,770 |
| Capitol 1 Bedroom Apartments | $1,411 | $799 | $2,181 |
| Capitol 2 Bedroom Apartments | $1,809 | $1,195 | $2,571 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Capitol Neighborhood of Phoenix, AZ.
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Cheapest Available Capitol Apartments for Rent
The cheapest available apartment rental in the Capitol area of Phoenix, AZ is a Studio unit found at 1229 W Pierce St priced from $699. Ambassador West Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Capitol apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1229 W Pierce St | 0BR/1.0BA | Studio, 1BA | $699 |
| Ambassador West Apartments | One Bedroom | 1BR, 1BA | $799 |
| TerraceVue | 2nd Floor 1 Bedroom | 1BR, 1BA | $849 |
| AVE Phoenix Sky | E1 | Studio, 1BA | $1,047 |
| 1301 W Monroe St | 2 Beds, 1 Baths | 2BR, 1BA | $1,099 |
Best Value Apartments for Rent in Capitol, AZ
As of September 20, 2026 the best value apartment in the Capitol area is the $1.97 price per square foot A2 Model at Brix Warehouse District in the South Phoenix neighborhood starting from $1,490. The second greatest value Capitol apartment is the The Kelly A7 Model at The Rey Downtown in the South Phoenix neighborhood starting at $1,659 with a $2.27 price per square foot. Here is today’s list of the best values for Capitol apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brix Warehouse District | A2 | 1BR, 1BA | $1.97 |
| The Rey Downtown | The Kelly A7 | 1BR, 1BA | $2.27 |
| 1119 W Fillmore St | 1119 W Fillmore St | 2BR, 1BA | $1.83 |
| ReNue Downtown Apartments | A - The Arena | 1BR, 1BA | $1.94 |
| 1301 W Monroe St | 0 Beds, 1 Baths | Studio, 1BA | $1.82 |
| AVE Phoenix Terra | E2 | Studio, 1BA | $2.64 |
| Ambassador West Apartments | One Bedroom | 1BR, 1BA | $1.66 |
| TerraceVue | 3rd Floor 1 Bedroom | 1BR, 1BA | $2.00 |
| AVE Phoenix Sky | E2 | Studio, 1BA | $2.71 |
| 1229 W Pierce St | 0BR/1.0BA | Studio, 1BA | $1.75 |
Frequently Asked Questions about Cheap Capitol Apartments
What is a cheap apartment in Capitol?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Capitol is under $1,642.
What is the price of a cheap apartment in Capitol?
The cheapest apartment in Capitol is Ambassador West Apartments which is listed at $799, while the average apartment in Capitol costs $1,483.
What types of apartments are the cheapest in Capitol?
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 26 regular apartments in Capitol that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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