
Cheap Apartments for Rent in the Downtown Peoria Neighborhood of Phoenix, AZ from $900 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Peoria area of Phoenix.


Parc Roundtree Ranch

Desert Harbor Apartment Homes

Peoria Grand Apartments

The Tallows at Peoria
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Total Monthly Price
Vlux at Peoria Heights

Fountain Place

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Country Village

Moxi
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 1 Bedroom Apartments | $1,638 | $900 | $1,848 |
| Downtown Peoria 2 Bedroom Apartments | $1,970 | $1,000 | $6,902 |
| Downtown Peoria 3 Bedroom Apartments | $2,713 | $1,913 | $6,400 |
| Downtown Peoria 4 Bedroom Apartments | $2,851 | $2,768 | $2,918 |
Browse Apartments in this Neighborhood
There are currently 17 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 1 Bed unit found at Fountain Place priced from $900. Country Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Downtown Peoria apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fountain Place | 1 Bedroom | 1BR, 1BA | $900 |
| Country Village | 1 Bedroom | 1BR, 1BA | $900 |
| Streamliner 87th | Studio | Studio, 1BA | $903 |
| Artisan Park | A1 | 1BR, 1BA | $1,000 |
| Vue Park West | Acacia A | Studio, 1BA | $1,067 |
Best Value Apartments for Rent in Downtown Peoria, AZ
As of September 20, 2026 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 The Preserve at Cibola Vista neighborhood starting from $3,250. The second greatest value Downtown Peoria apartment is the Luxury 3 Bedrooms 2 Bathrooms Model at Villas on Olive in the The Preserve at Cibola Vista neighborhood starting at $1,999 with a $1.52 price per square foot. 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 |
| Villas on Olive | Luxury 3 Bedrooms 2 Bathrooms | 3BR, 2BA | $1.52 |
| Desert Harbor Apartment Homes | 2 Bedroom, 2 Bath | 2BR, 2BA | $1.38 |
| Altair Apartments | B1 2 Bed 2 Bath | 2BR, 2BA | $1.38 |
| Peoria Grand Apartments | 2x1A | 2BR, 1BA | $1.56 |
| Napa Place | 2x2 | 2BR, 2BA | $1.66 |
| The Tallows at Peoria | B1 Reno with Patio | 2BR, 1BA | $1.54 |
| Parc Roundtree Ranch | 455-11a | 1BR, 1BA | $1.54 |
| Country Village | 1 Bedroom | 1BR, 1BA | $1.50 |
| Fountain Place | 1 Bedroom | 1BR, 1BA | $1.64 |
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Downtown Peoria, Phoenix, AZ
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Frequently Asked Questions about Cheap Downtown Peoria Apartments
How much is rent for a Cheap One Bedroom Downtown Peoria Apartment?
The lowest price for a Cheap One Bedroom Downtown Peoria Apartment is $900 at Fountain Place.
What is the lowest price for a Cheap Two Bedroom Downtown Peoria Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Peoria is starting from $1,100 at The Tallows at Peoria.
What is the most affordable Downtown Peoria Three Bedroom Apartment?
The best deal on a cheap Downtown Peoria Three Bedroom Apartment rental is at Vue Park West and starts from $1,677.
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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