1103 W Sherman St
PhoenixAZ85007
Cheap Homes for Rent in Capitol Neighborhood of Phoenix, AZ from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Capitol area of Phoenix.
1322 W Sherman St
PhoenixAZ85007
205 N 16th Ave
PhoenixAZ85007
2041 W Hadley St
PhoenixAZ85009
1342 W Monroe St
PhoenixAZ85007
2135 W Hadley St
PhoenixAZ85009
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Capitol, Phoenix, AZ Local Guide
How much does it cost to rent a home in Capitol?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitol 2 Bedroom Homes for Rent | $1,535 | $1,055 | $2,295 |
| Capitol 3 Bedroom Homes for Rent | $2,448 | $2,250 | $2,595 |
| Capitol 4 Bedroom Homes for Rent | $2,365 | $2,365 | $2,365 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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
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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. Ambassador West Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $963. 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 |
| Ambassador West Apartments | One Bedroom | 1BR,1BA | $963 |
| TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $999 |
Best Value Apartments for Rent in Capitol, AZ
As of June 26, 2025 the best value apartment in the Capitol area is the $1.83 price per square foot 433 S 7th Ave Model at 433 S 7th Ave, Unit 268 in the in the South Phoenix neighborhood starting from $1,580. The second greatest value Capitol apartment is the The Arena Model at ReNue Downtown Apartments starting at $1,299 with a $1.87 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. |
|---|---|---|---|
| 433 S 7th Ave, Unit 268 | 433 S 7th Ave | 1BR,1BA | $1.83 |
| ReNue Downtown Apartments | The Arena | 1BR,1BA | $1.87 |
| 601 Pax | A1 | 1BR,1BA | $2.38 |
| The Rey Downtown | The Astaire A5 | 1BR,1BA | $2.35 |
| AVE Phoenix Terra | E2 | Studio ,1BA | $3.26 |
| 137 N 11th Ave, Unit A | 137 N 11th Ave | 1BR,1BA | $2.23 |
| 2141 W Madison St, Unit D | 2141 W Madison St | 1BR,1BA | $3.00 |
| 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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Frequently Asked Questions about Capitol
What type of rentals are currently available in Capitol?
There are currently 93 Apartments for Rent in Capitol, AZ with pricing that ranges from $699 to $3,880. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capitol ranging from $1,025 to $2,595.
What is the current price range for Rental Homes in Capitol?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Capitol ranges from $1,025 to $2,595 with an average monthly rent of $1,906.
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).
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.