2032 W Adams St
PhoenixAZ85009
Cheap Apartments for Rent in the Capitol Neighborhood of Phoenix, AZ from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Capitol area of Phoenix.
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Rent Specials
$895 - $1,395Studio to 1 Bedroom Apartments Available Now
16th Ave Apartments
201-209 N 16th AvePhoenix, AZ 85007
601 N 6th Ave
PhoenixAZ85003
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Rent Specials
$963 - $1,4101 to 2 Bedroom Apartments Available Oct 1
Ambassador West Apartments
345 N 5th AvePhoenix, AZ 85003
121 N 12th Ave
PhoenixAZ85007
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622 N 9th Ave
PhoenixAZ85007
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1606 W Taylor St
PhoenixAZ85007
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Rent Specials
$1,199 - $1,658Studio to 3 Bedroom Apartments Available Now
ReNue Downtown Apartments
1350 W Van Buren StPhoenix, AZ 85007
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1103 W Sherman St
PhoenixAZ85007
1322 W Sherman St
PhoenixAZ85007
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1625 W Fillmore St
PhoenixAZ85007
Showing Results 1-14, 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 | $1,540 | $699 | $2,230 |
| Capitol 1 Bedroom Apartments | $1,863 | $963 | $3,483 |
| Capitol 2 Bedroom Apartments | $2,079 | $995 | $4,106 |
| Capitol 3 Bedroom Apartments | $1,658 | $1,658 | $1,658 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Capitol Neighborhood of Phoenix, AZ.
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Capitol, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
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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 16th Ave Apartments priced from $895. TerraceVue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Capitol apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 16th Ave Apartments | Studio/1 Bath | Studio,1BA | $895 |
| TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $999 |
| ReNue Downtown Apartments | A - The Arena - 60 | 1BR,1BA | $1,199 |
| AVE Phoenix Sky | E3 | Studio,1BA | $1,395 |
| The Rey Downtown | The Bergman A1 | 1BR,1BA | $1,399 |
Best Value Apartments for Rent in Capitol, AZ
As of September 09, 2025 the best value apartment in the Capitol area is the $1.99 price per square foot The Bergman A1 Model at The Rey Downtown in the in the South Phoenix neighborhood starting from $1,399. The second greatest value Capitol apartment is the A - The Arena - 60 Model at ReNue Downtown Apartments starting at $1,199 with a $1.73 price per square foot in the South Phoenix neighborhood. 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. |
|---|---|---|---|
| The Rey Downtown | The Bergman A1 | 1BR,1BA | $1.99 |
| ReNue Downtown Apartments | A - The Arena - 60 | 1BR,1BA | $1.73 |
| 601 Pax | A1 | 1BR,1BA | $2.41 |
| TerraceVue | 3rd Floor 1 Bedroom | 1BR,1BA | $2.63 |
| AVE Phoenix Sky | E2 | Studio ,1BA | $3.19 |
| 16th Ave Apartments | Studio/1 Bath | Studio ,1BA | $2.29 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCapitol, Phoenix, AZ
Ranked #87
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Capitol Neighborhood in Phoenix, AZ
Walk Score®
67 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
63 / 100
Bikeable
Some bike infrastructure
Transit Score®
55 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,633.
What is the price of a cheap apartment in Capitol?
The cheapest apartment in Capitol is TerraceVue which is listed at $999, while the average apartment in Capitol costs $1,865.
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 8 regular apartments in Capitol that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.