
Cheap Apartments for Rent in the Downtown Peoria Neighborhood of Phoenix, AZ from $900 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Peoria area of Phoenix.


Parc Roundtree Ranch

The Place at Santana Village
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Peoria Grand Apartments

Moxi

Country Village
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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 | $1,015 | $999 | $1,019 |
Downtown Peoria 1 Bedroom Apartments | $1,752 | $1,000 | $4,155 |
Downtown Peoria 2 Bedroom Apartments | $2,157 | $1,100 | $4,860 |
Downtown Peoria 3 Bedroom Apartments | $2,821 | $2,038 | $5,776 |
Downtown Peoria 4 Bedroom Apartments | $2,732 | $2,712 | $2,747 |
Browse Apartments in this Neighborhood
There are currently 7 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 $1,189. 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 | Acacia | 1BR,1BA | $1,189 |
The Place at Santana Village | A1 1 Bed 1 Bath | 1BR,1BA | $1,231 |
Best Value Apartments for Rent in Downtown Peoria, AZ
As of July 27, 2025 the best value apartment in the Downtown Peoria area is the $1.98 price per square foot Bliss Model at Summerwell Peoria Place in the in the The Preserve at Cibola Vista neighborhood starting from $2,499. The second greatest value Downtown Peoria apartment is the C1 3 Bed 2 Bath Model at The Place at Santana Village starting at $2,038 with a $1.75 price per square foot in the Sweetwater Estates 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. |
---|---|---|---|
Summerwell Peoria Place | Bliss | 3BR,2BA | $1.98 |
The Place at Santana Village | C1 3 Bed 2 Bath | 3BR,2BA | $1.75 |
Parc Roundtree Ranch | 2 Bed - 2 Bath | 2BR,2BA | $1.72 |
Peoria Grand Apartments | 2x1A | 2BR,1BA | $1.65 |
Marlowe Peoria Place | A3 | 1BR,1BA | $2.05 |
Napa Place Apartments | 2x2 | 2BR,2BA | $1.66 |
The Tallows at Peoria | B1 Reno with Patio | 2BR,1BA | $1.73 |
Moxi | Acacia | 1BR,1BA | $1.71 |
Vlux at Peoria Heights | A1 | 1BR,1BA | $2.24 |
Streamliner 87th | Studio | Studio ,1BA | $2.32 |
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.
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 Streamliner 87th which is listed at $1,149, while the average apartment in Downtown Peoria costs $2,727.
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 $1,015 which is $1,712 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.

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