
Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $500 (602 Rentals) Page 3 of 13
Search the lowest-cost Apartments available for rent right now in the Downtown Phoenix area of Phoenix.


Fountain Oaks Apartments

Homeward Bound

502 E Mariposa St

209 N 16th Ave

3219 E Earll Dr

198 W Mariposa St

44 E Roanoke Ave

2202 W Devonshire Ave

4025 N 40th St

Radius Apartments

Streamliner 16th

Carol Mary

Derby

1226 W Roosevelt St

Pierson Place Apartments

TerraceVue

U @ 19th Apartments

Solaris at the Biltmore

Portola Biltmore

Luna Bear Arcos

Carole Arms Apartments

3848 N 3rd Ave

62 W Culver St

Playton Place

La Buena Vida

Villas at Papago

Escondido Apartments

Connect on Missouri Apartments

425 N 20th Ave, Unit 425

2411 W Hazelwood St

VB on 12th

1110 E Highland Ave

4444 N 7th Ave

Residences at FortyTwo25 Apartments

The Continental

Parq at East Arcadia

The Phoenix Apartments on 6th Avenue

Arcadia Villa Apartments

Papago Crossing

Grayson on the Rail

6044 N 21st Ave

4444 N 7th Ave

3417 E Windsor Ave

925 E McKinley St

2235 N 28th St

Camelback Courtyard

Garden Terrace Apartments

Papago Fairways

Urbana on 12th
Downtown Phoenix, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Downtown Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Phoenix Studio Apartments | $1,386 | $599 | $4,470 |
| Downtown Phoenix 1 Bedroom Apartments | $1,634 | $675 | $6,117 |
| Downtown Phoenix 2 Bedroom Apartments | $2,157 | $854 | $8,503 |
| Downtown Phoenix 3 Bedroom Apartments | $2,850 | $675 | $10,000+ |
| Downtown Phoenix 4 Bedroom Apartments | $1,560 | $942 | $9,330 |
Browse Apartments in this Neighborhood
There are currently 602 rentals with your search options within a 2 mile radius of the Downtown Phoenix Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
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 $749.
What is the price of a cheap apartment in Downtown Phoenix?
The cheapest apartment in Downtown Phoenix is Tanner Manor Apartments which is listed at $529, while the average apartment in Downtown Phoenix costs $2,495.
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 1,802 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 $880 which is $1,615 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.
Helpful Local Expert Guides

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
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).

Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Written by: Andrew Jollett
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.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Written by: Andrew Jollett
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.