Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $500 (633 Rentals) Page 2 of 13

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

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

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Terrasol
Rent Specials
$905 - $2,267
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$905 - $2,267

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1 to 2 Bedroom Apartments Available Now

Terrasol

1010 N 48th StPhoenix, AZ 85008
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Briella Phoenix
Rent Specials
$938 - $3,345
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$938 - $3,345

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Studio to 2 Bedroom Apartments Available Now

Briella Phoenix

1502 E Osborn RdPhoenix, AZ 85014
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Downtown Phoenix - One of the Best Affordable Neighborhoods in Phoenix

Named as one of the Best Affordable Areas to rent in Phoenix by our Phoenix, AZ Local Expert Andrew Jollett. See how it ranks!

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Icon on Central
Rent Specials
$999 - $1,457
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Total Monthly Price

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$999 - $1,457

Total Monthly Price
$999 - $1,457
1 to 2 Bedroom Apartments Available Now

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77 W Coolidge StPhoenix, AZ 85013
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Frequently Asked Questions about Cheap Downtown Phoenix Apartments

What is the Cheapest Studio apartment in Downtown Phoenix?

Currently the most affordable Cheap Studio Apartment in Downtown Phoenix is at 2025 West Apartment Homes listed at $655.

How much is rent for a Cheap One Bedroom Downtown Phoenix Apartment?

The lowest price for a Cheap One Bedroom Downtown Phoenix Apartment is $507 at Garfield Terrace.

What is the lowest price for a Cheap Two Bedroom Downtown Phoenix Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Phoenix is starting from $799 at 2510 E Pueblo Ave.

What is the most affordable Downtown Phoenix Three Bedroom Apartment?

The best deal on a cheap Downtown Phoenix Three Bedroom Apartment rental is at Legacy Crossing I & II and starts from $639.

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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