Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $500 (644 Rentals) Page 3 of 13

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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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Parq on 50th Apartments
Rent Specials
$987 - $1,552
Total Monthly Price

Total Monthly Price

Base Rent
$836 - $1,401
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Mar 26

Parq on 50th Apartments

5008 E Thomas RdPhoenix, AZ 85018
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 740 W Elm St

$995 - $3,600

1 To 2 Bedroom Rentals

Available Now

740 W Elm St

PhoenixAZ85013
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The Urban
Rent Specials
$1,009 - $1,954
Total Monthly Price

Total Monthly Price

Base Rent
$924 - $1,869
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Urban

3601 E McDowell RdPhoenix, AZ 85008
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Whispering Pines
Rent Specials
$1,051 - $2,624
Total Monthly Price

Total Monthly Price

Base Rent
$1,051 - $2,624
Total Monthly Price
$1,051 - $2,624
1 to 3 Bedroom Apartments Available Now

Whispering Pines

2601 N 36th StPhoenix, AZ 85008
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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Oxford Apartments
Rent Specials
$1,080 - $3,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $3,270
Required Monthly Fees
$80
Total Monthly Price
$1,080 - $3,350
1 to 3 Bedroom Apartments Available Now

Oxford Apartments

3777 E McDowell RdPhoenix, AZ 85008
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Parq at East Arcadia
Rent Specials
$1,099 - $1,703
Total Monthly Price

Total Monthly Price

Base Rent
$948 - $1,552
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available May 6

Parq at East Arcadia

5401 E Thomas RdPhoenix, AZ 85018
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Papago Crossing
Rent Specials
$1,099 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,073 - $1,724
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Papago Crossing

4530 E McDowell RdPhoenix, AZ 85008
Affordability
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  • Customer Reviewed
  • 3D Tour
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Arcadia Walk
Rent Specials
$1,099 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,034 - $1,585
Required Monthly Fees
$65
Total Monthly Price
$1,099 - $1,650
1 to 2 Bedroom Apartments Available Now

Arcadia Walk

2606 N 44th StPhoenix, AZ 85008
Affordability
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property at 821 N 3rd St

$1,099

Studio Rentals

Available Now

821 N 3rd St

PhoenixAZ85004
Showing Results 101-150, Page 3 of 13

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 $730.

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

The cheapest apartment in Downtown Phoenix is Phoenix Scholar House which is listed at $526, while the average apartment in Downtown Phoenix costs $7,500.

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 1,964 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 $929 which is $6,571 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

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters article

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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

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.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.