Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $507 (688 Rentals) Page 3 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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Monterra
$1,038 - $2,835

Total Monthly Price

Base Rent$1,038 - $2,835

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Monterra

1333 N 24th StPhoenix, AZ 85008
Affordability
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Urban Walk Apartments
Rent Specials
$1,044 - $1,394

Total Monthly Price

Base Rent$1,044 - $1,394

Total Monthly Price$1,044 - $1,394
1 to 2 Bedroom Apartments Available Now

Urban Walk Apartments

3802 N 27th StPhoenix, AZ 85016
Corporate Housing
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 2524 E Willetta St
$730 - $1,050
1 To 3 Bedroom Rentals
Available Now
Affordability

2524 E Willetta St

PhoenixAZ85008

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 302 E Monte Vista Rd
$895 - $1,495
Studio To 1 Bedroom Rentals
Available Now
Affordability

302 E Monte Vista Rd

PhoenixAZ85004
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1429 S 11th Ave, Unit 4
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom Apartment Available Now

1429 S 11th Ave, Unit 4

1429 S 11th AvePhoenix, AZ 85007
Affordability
property at 1808 N 32nd St
$1,100
2 Bedroom Rentals
Available Now
Affordability

1808 N 32nd St

PhoenixAZ85008

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 5306 E Polk St
$1,150 - $1,450
1 To 2 Bedroom Rentals
Available Now
Affordability

5306 E Polk St

PhoenixAZ85008
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720 W McKinley St, Unit 720
$1,160

Total Monthly Price

Base Rent$1,160

Total Monthly Price$1,160
1 Bedroom Apartment Available Now

720 W McKinley St, Unit 720

720 W McKinley StPhoenix, AZ 85007
Affordability
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Derby
Rent Specials
$1,189 - $2,896

Total Monthly Price

Base Rent$1,189 - $2,896

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Derby

800 N 2nd StPhoenix, AZ 85004
Student Housing
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property at 3837 N 4th St
$1,194
2 Bedroom Rentals
Available Now
Affordability

3837 N 4th St

PhoenixAZ85012

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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