
Cheap Homes for Rent in the Downtown Peoria Neighborhood of Phoenix, AZ from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Peoria area of Phoenix.


3840 N 43rd Ave

8375 W Madison St

11411 N 91st Ave
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Furnished Studio-Phoenix - Peoria - Sun City

9592 N 82nd Ave

9503 N 82nd Ln

11324 N 81st Dr
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Downtown Peoria, Phoenix, AZ Local Guide

How much does it cost to rent a home in Downtown Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Peoria 2 Bedroom Homes for Rent | $1,389 | $1,300 | $1,479 |
| Downtown Peoria 3 Bedroom Homes for Rent | $2,043 | $1,750 | $2,800 |
| Downtown Peoria 4 Bedroom Homes for Rent | $2,152 | $1,795 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 $889. 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 |
|---|---|---|---|
| Streamliner 87th | Studio | Studio,1BA | $889 |
| Country Village | 1 Bedroom | 1BR,1BA | $900 |
| Artisan Park | A1 | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Downtown Peoria, AZ
As of August 06, 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 in the The Preserve at Cibola Vista neighborhood starting from $3,250. The second greatest value Downtown Peoria apartment is the 2 Bedroom, 2 Bath Model at Desert Harbor Apartment Homes starting at $1,400 with a $1.38 price per square foot in the Deer Valley 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 |
| Desert Harbor Apartment Homes | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| Desert Vista | Ironwood | 1BR,1BA | $1.40 |
| Peoria Grand Apartments | 2x1A | 2BR,1BA | $1.53 |
| Napa Place Apartments | 2x2 | 2BR,2BA | $1.66 |
| Vue Park West | Agave A | 1BR,1BA | $1.60 |
| Ocio Plaza Del Rio | A2 | 1BR,1BA | $1.68 |
| Moxi | Juniper | 1BR,1BA | $1.65 |
| Country Village | 1 Bedroom | 1BR,1BA | $1.50 |
| Artisan Park | A1 | 1BR,1BA | $1.67 |
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
School data provided by Great Schools
Frequently Asked Questions about Downtown Peoria
What type of rentals are currently available in Downtown Peoria?
There are currently 36 Apartments for Rent in Downtown Peoria, AZ with pricing that ranges from $900 to $5,547. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Peoria ranging from $1,300 to $2,800.
What is the current price range for Rental Homes in Downtown Peoria?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Peoria ranges from $1,300 to $2,800 with an average monthly rent of $1,970.
How much are larger Three and Four Bedroom Rentals in Downtown Peoria?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Peoria range from $1,500 to $2,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,883.
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.
Helpful Local Expert Guides

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
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I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
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Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

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Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.
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