610 N 4th Ave
PhoenixAZ85003
Cheap Apartments for Rent in the Capitol Neighborhood of Phoenix, AZ from $500 (16 Rentals)
Cheap Apartments in the Capitol area of Phoenix.
209 N 16th Ave
PhoenixAZ85007
1233 W Pierce St
PhoenixAZ85007
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from $895Studio to 1 Bedroom Apartments Available Now
16th Ave Apartments
201-209 N 16th AvePhoenix, AZ 85007
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Rent Specials
from $950Studio to 2 Bedroom Apartments Available Now
X Phoenix
200 W Monroe StPhoenix, AZ 85003
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Rent Specials
from $9631 to 2 Bedroom Apartments Available Now
Ambassador West Apartments
345 N 5th AvePhoenix, AZ 85003
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322 N 17th Dr
PhoenixAZ85007
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Rent Specials
from $1,1321 to 3 Bedroom Apartments Available Now
44 Monroe
44 W Monroe StPhoenix, AZ 85003
601 N 6th Ave
PhoenixAZ85003
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $1,199Studio to 3 Bedroom Apartments Available Now
ReNue Downtown Apartments
1350 W Van Buren StPhoenix, AZ 85007
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325 N 17th Dr
PhoenixAZ85007
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Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
2345 W Jefferson St
PhoenixAZ85009
Showing Results 1-16, 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 | $1,426 | $775 | $2,379 |
| Capitol 1 Bedroom Apartments | $1,857 | $963 | $3,283 |
| Capitol 2 Bedroom Apartments | $2,633 | $1,400 | $7,052 |
| Capitol 3 Bedroom Apartments | $2,702 | $1,400 | $6,813 |
Browse Apartments in this Neighborhood
There are currently 16 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. X Phoenix has the second lowest priced unit, which is a Studio apartment currently listed from $950. 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 |
| X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $950 |
| Ambassador West Apartments | One Bedroom | 1BR,1BA | $963 |
| TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $999 |
| ReNue Downtown Apartments | The Arena - 60 | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Capitol, AZ
As of May 02, 2025 the best value apartment in the Capitol area is the $2.44 price per square foot C3-PH4 Model at 44 Monroe in the in the Central City neighborhood starting from $6,813. The second greatest value Capitol apartment is the C2 Model at AVE Phoenix Terra starting at $3,880 with a $2.41 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. |
|---|---|---|---|
| 44 Monroe | C3-PH4 | 3BR,2BA | $2.44 |
| AVE Phoenix Terra | C2 | 3BR,2BA | $2.41 |
| The Rey Downtown | The Bergman A1 | 1BR,1BA | $2.43 |
| ReNue Downtown Apartments | The Arena - 60 | 1BR,1BA | $1.73 |
| 601 Pax | A1 | 1BR,1BA | $2.06 |
| MAA Central Ave | S1 0x1 573 SF | Studio ,1BA | $2.43 |
| The McKinley | UNIT 2 | Studio ,1BA | $2.93 |
| Ambassador West Apartments | One Bedroom | 1BR,1BA | $2.00 |
| TerraceVue | 3rd Floor 1 Bedroom | 1BR,1BA | $2.63 |
| 16th Ave Apartments | Studio/1 Bath | Studio ,1BA | $2.29 |
Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleCapitol, Phoenix, AZ
Ranked #77
Among neighborhoods in Phoenix, AZ 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 $1,505.
What is the price of a cheap apartment in Capitol?
The cheapest apartment in Capitol is Ambassador West Apartments which is listed at $963, while the average apartment in Capitol costs $2,285.
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 46 regular apartments in Capitol 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 Capitol?
Cheap apartments in Capitol have an average cost of $761 which is $1,524 cheaper than the average rent for all rentals in Capitol.
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).
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.