
Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $500 (571 Rentals) Page 4 of 12
Search the lowest-cost Apartments available for rent right now in the Downtown Phoenix area of Phoenix.


5312 E Taylor St

340 N 12th St

3415 E Earll Dr

Highland Terrace

3219 E Earll Dr

3623 N 5th Ave

Arcadia Cove

4127 Arcadia

Mason Oliver

2234 E Polk St

3646 E Montecito Ave

Fountain Oaks

3011 N 38th St

ReNue Downtown Apartments

Camelback Courtyard

4310 N 14th St

1234 N 36th St

3027 N 37th St

1241 N 48th St

3416 N 44th St

3737 E Turney Ave

The Coronado

23 E Illini St

Park Paloma

44 Monroe

Mesquite Terrace

Roosevelt Square

Missouri Crossing

CIRQ 44

Arcadia 52

The Icon on Central

Preston at Biltmore

Arioso City Lofts

U @ 19th Apartments

Portola at Papago

3417 E Windsor Ave

1429 E Osborn Rd

1623 W Missouri Ave
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 | $1,424 | $695 | $2,365 |
Downtown Phoenix 1 Bedroom Apartments | $1,724 | $670 | $7,831 |
Downtown Phoenix 2 Bedroom Apartments | $2,151 | $799 | $9,803 |
Downtown Phoenix 3 Bedroom Apartments | $3,024 | $879 | $10,000+ |
Downtown Phoenix 4 Bedroom Apartments | $1,117 | $824 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 571 rentals with your search options within a 2 mile radius of the Downtown Phoenix Neighborhood of Phoenix, AZ.
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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 $740.
What is the price of a cheap apartment in Downtown Phoenix?
The cheapest apartment in Downtown Phoenix is Legacy Crossing I & II which is listed at $647, while the average apartment in Downtown Phoenix costs $2,269.
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 547 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 $348 which is $1,921 cheaper than the average rent for all rentals in Downtown Phoenix.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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).

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.