Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $500 (623 Rentals) Page 4 of 13
Search the lowest-cost Apartments available for rent right now in the Downtown Phoenix area of Phoenix.

2616 North 24th Street, Unit Four

Sunrise in Biltmore

Whispering Pines

825 N 10th Ave

inHabit on 7th

2925 N Greenfield Rd

1833 E Harvard St

2235 N 28th St

The Governor

Arcadia Villa Apartments

CIRQ 44

Grayson on the Rail

2302 N 36th St

Modena

5312 E Taylor St

Desert Sunshine 1

Colonia

2013 N 49th St

Camelback View Apartments

1241 N 48th St

1753 E Harvard St

3415 E Earll Dr

Orinoco Apartments

Sora

Highland Terrace

5306 E Polk St

Parq at East Arcadia

Peak 16

Fountain Oaks

3417 E Windsor Ave

The Icon on Central

5107 E Oak St

3021 N 22nd St

3646 E Montecito Ave

3219 E Earll Dr

3011 N 38th St

3848 N 3rd Ave

Mandarina

The Art on Highland

Papago Park Apartments

Ellis Midtown

740 W Elm St

4310 N 14th St
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 | $1,392 | $650 | $3,394 |
| Downtown Phoenix 1 Bedroom Apartments | $1,690 | $670 | $6,151 |
| Downtown Phoenix 2 Bedroom Apartments | $2,150 | $700 | $10,000+ |
| Downtown Phoenix 3 Bedroom Apartments | $2,771 | $879 | $10,000+ |
| Downtown Phoenix 4 Bedroom Apartments | $1,232 | $773 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 623 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 $720.
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 $2,144.
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 482 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 $314 which is $1,830 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).

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.






