
Cheap Apartments for Rent in the Downtown Peoria Neighborhood of Phoenix, AZ from $900 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Peoria area of Phoenix.


Country Village

Moxi

The Tallows at Peoria

10860 N 85th Ave

Peoria Grand Apartments

11411 N 91st Ave

10860 N 85th Ave
Downtown Peoria, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Downtown Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Peoria Studio Apartments | $1,021 | $999 | $1,049 |
| Downtown Peoria 1 Bedroom Apartments | $1,520 | $1,000 | $1,705 |
| Downtown Peoria 2 Bedroom Apartments | $1,706 | $1,100 | $2,029 |
| Downtown Peoria 3 Bedroom Apartments | $2,254 | $1,773 | $2,604 |
| Downtown Peoria 4 Bedroom Apartments | $2,739 | $2,727 | $2,747 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Peoria Neighborhood of Phoenix, AZ.
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Downtown Peoria, Phoenix, AZ Local Guide
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Cheapest Available Downtown Peoria Apartments for Rent
 The cheapest available apartment rental in the Downtown Peoria area of Phoenix, AZ is a Studio unit found at Streamliner 87th priced from $999. Moxi has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Downtown Peoria apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Streamliner 87th | Studio | Studio,1BA | $999 |
| Moxi | Juniper | 1BR,1BA | $1,095 |
| The Tallows at Peoria | B1 Reno | 2BR,1BA | $1,149 |
Best Value Apartments for Rent in Downtown Peoria, AZ
As of October 28, 2025 the best value apartment in the Downtown Peoria area is the $1.13 price per square foot 8566 Model at 8566 W Cinnabar Ave in the in the The Preserve at Cibola Vista neighborhood starting from $3,250. The second greatest value Downtown Peoria apartment is the Bliss Model at Summerwell Peoria Place starting at $2,373 with a $1.88 price per square foot in the The Preserve at Cibola Vista neighborhood. Here is today’s list of the best values for Downtown Peoria apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8566 W Cinnabar Ave | 8566 | 5BR,3BA | $1.13 |
| Summerwell Peoria Place | Bliss | 3BR,2BA | $1.88 |
| Parc Roundtree Ranch | 3 Bed - 2 Bath | 3BR,2BA | $1.61 |
| Altair Apartments | C1 3 Bed 2 Bath | 3BR,2BA | $1.52 |
| Peoria Grand Apartments | 2x1A | 2BR,1BA | $1.50 |
| Napa Place Apartments | 2x2L | 2BR,2BA | $1.66 |
| The Tallows at Peoria | B1 | 2BR,1BA | $1.57 |
| Marlowe Peoria Place | A1 | 1BR,1BA | $2.18 |
| Moxi | Juniper | 1BR,1BA | $1.58 |
| Vlux at Peoria Heights | A1 | 1BR,1BA | $2.23 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Peoria, Phoenix, AZ
Ranked #98
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Downtown Peoria, Phoenix, AZ
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Peoria Apartments
What is a cheap apartment in Downtown Peoria?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Peoria is under $1,987.
What is the price of a cheap apartment in Downtown Peoria?
The cheapest apartment in Downtown Peoria is Moxi which is listed at $1,095, while the average apartment in Downtown Peoria costs $3,250.
What types of apartments are the cheapest in Downtown Peoria?
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 15 regular apartments in Downtown Peoria 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 Peoria?
Cheap apartments in Downtown Peoria have an average cost of $1,021 which is $2,229 cheaper than the average rent for all rentals in Downtown Peoria.
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).

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
