
Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $507 (688 Rentals) Page 3 of 14
Search the lowest-cost Apartments available for rent right now in the Downtown Phoenix area of Phoenix.


2721 E Willetta St

1917 E Monroe St

Total Monthly Price
1146 W Apache St, Unit Apt 2

Parq on 50th Apartments

Thunderbird Apartments on 23rd Ave

325 N 17th Dr

Total Monthly Price
Monterra

Total Monthly Price
Urban Walk Apartments

936 E Roma Ave
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AVE Phoenix Sky

Portola Biltmore

2524 E Willetta St

4310 N 14th St, Unit 1

4310 N 14th St, Unit 4

The Continental

Roosevelt Square

Arcadia Villa Apartments

Garden Terrace Apartments

2140 W Heatherbrae Dr
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302 E Monte Vista Rd

The Coronado

4900 E Culver St, Unit 9

Connect on Missouri Apartments

Total Monthly Price
1429 S 11th Ave, Unit 4

3334 E Cambridge Ave

2110 W Mariposa St

1808 N 32nd St

Grayson on the Rail

X Phoenix
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The Wexler Apartments

4444 N 7th Ave, Unit B213

Oxford Apartments

Arcadia Walk

4127 Arcadia

Highland Terrace

2032 W Adams St

5306 E Polk St

Modena

Total Monthly Price
720 W McKinley St, Unit 720
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Salt River Flats

Total Monthly Price
The Phoenix Apartments on 6th Avenue

ReNue Downtown Apartments

Fountain Oaks Apartments

Total Monthly Price
Derby

60 at Melrose

3837 N 4th St

740 W Elm St

1623 E Pinchot Ave

1530 W Mulberry Dr
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 | $1,338 | $649 | $3,717 |
| Downtown Phoenix 1 Bedroom Apartments | $1,601 | $659 | $6,814 |
| Downtown Phoenix 2 Bedroom Apartments | $2,184 | $799 | $8,277 |
| Downtown Phoenix 3 Bedroom Apartments | $3,208 | $825 | $10,000+ |
| Downtown Phoenix 4 Bedroom Apartments | $2,371 | $971 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 688 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 $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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From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
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I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.