Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $507 (688 Rentals) Page 2 of 14

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

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sora
Rent Specials
$885 - $1,628

Total Monthly Price

Base Rent$885 - $1,628
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

sora

355 N Central AvePhoenix, AZ 85004
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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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!

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property at 1833 E Harvard St
$900 - $1,050
1 To 2 Bedroom Rentals
Available Now
Affordability

1833 E Harvard St

PhoenixAZ85006

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.

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property at 2543 E Brill St
$950 - $1,800
2 Bedroom Rentals
Available Now
Affordability

2543 E Brill St

PhoenixAZ85008

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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Monterey Village
Rent Specials
$983 - $1,589

Total Monthly Price

Base Rent$983 - $1,589
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Monterey Village

4707 E McDowell RdPhoenix, AZ 85008
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
property at 1241 N 48th St
$995 - $1,600
1 To 2 Bedroom Rentals
Available Now
Affordability

1241 N 48th St

PhoenixAZ85008

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.

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Showing Results 51-100, Page 2 of 14

Frequently Asked Questions about Cheap Downtown Phoenix Apartments

What is a cheap apartment in Downtown Phoenix?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Phoenix is under $725.

What is the price of a cheap apartment in Downtown Phoenix?

The cheapest apartment in Downtown Phoenix is Garfield Terrace which is listed at $507, while the average apartment in Downtown Phoenix costs $1,545.

What types of apartments are the cheapest in Downtown Phoenix?

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 981 regular apartments in Downtown Phoenix 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 Phoenix?

Cheap apartments in Downtown Phoenix have an average cost of $807 which is $738 cheaper than the average rent for all rentals in Downtown Phoenix.

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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