Cheap Homes for Rent in Downtown Peoria Neighborhood of Phoenix, AZ from $1,100 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Peoria area of Phoenix.

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Downtown Peoria, Phoenix, AZ Local Guide

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 ListingModel NameBed/BathPriced From
Streamliner 87thStudioStudio,1BA$999
MoxiAcacia1BR,1BA$1,189
The Place at Santana VillageA1 1 Bed 1 Bath1BR,1BA$1,231
The Tallows at PeoriaB1 Reno2BR,1BA$1,325
Napa Place Apartments2x22BR,2BA$1,350

Best Value Apartments for Rent in Downtown Peoria, AZ

As of July 26, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwell Peoria PlaceBliss3BR,2BA$1.98
The Place at Santana VillageC1 3 Bed 2 Bath3BR,2BA$1.75
Parc Roundtree Ranch2 Bed - 2 Bath2BR,2BA$1.72
Peoria Grand Apartments2x1A2BR,1BA$1.65
Marlowe Peoria PlaceA31BR,1BA$2.05
Napa Place Apartments2x22BR,2BA$1.66
The Tallows at PeoriaB1 Reno with Patio2BR,1BA$1.73
MoxiAcacia1BR,1BA$1.71
Vlux at Peoria HeightsA11BR,1BA$2.24
Streamliner 87thStudioStudio ,1BA$2.32

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Frequently Asked Questions about Downtown Peoria

What type of rentals are currently available in Downtown Peoria?

There are currently 21 Apartments for Rent in Downtown Peoria, AZ with pricing that ranges from $999 to $5,776. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Peoria ranging from $1,125 to $2,698.

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 $1,125 to $2,698 with an average monthly rent of $1,819.

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 $2,038 to $5,776, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,690 to $2,350. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,712.

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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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

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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).

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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.