
Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $500 (644 Rentals) Page 4 of 13
Search the lowest-cost Apartments available for rent right now in the Downtown Phoenix area of Phoenix.


1626 W Taylor St

4009 N 13th Ave

1241 N 48th St

Total Monthly Price
Darwin Apartments

Total Monthly Price
Arcadia Cove

Total Monthly Price
Icon on Central

Total Monthly Price
Residences at FortyTwo25 Apartments

1833 E Harvard St

San Merida

ReNue Downtown Apartments

Sunrise in Biltmore

The Landry on McDowell

Total Monthly Price
The Heritage Apartment Homes

241 E Elwood St

2013 N 49th St

5312 E Taylor St

Highland Terrace

The Wexler

Total Monthly Price
Sora

Avalon

Roosevelt Square

Total Monthly Price
Ascent at Papago Park

Papago Park Apartments

1234 N 36th St

1457 E Taylor St

302 E Monte Vista Rd

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Modena

3623 N 5th Ave

1527 E Oak St

1308 W Whitton Ave

2133 W Turney Ave

2539 N 48th St

2226 W Heatherbrae Dr

Total Monthly Price
The Stewart

The Coronado

Park Paloma

Total Monthly Price
Ellis Midtown

310 W Earll Dr

2925 N 38th St

4301 S 7th Ave

3903 N 12th St

3302 N 7th St

Mesquite Terrace

The Clubhouse at Arcadia

Connect on Missouri Apartments

Total Monthly Price
Preston at Biltmore

746 W Turney Ave

746 W Turney Ave, Apt 9, Unit 9

Total Monthly Price
Mason Oliver
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 | $1,405 | $649 | $4,293 |
| Downtown Phoenix 1 Bedroom Apartments | $1,617 | $526 | $6,267 |
| Downtown Phoenix 2 Bedroom Apartments | $2,165 | $644 | $10,000+ |
| Downtown Phoenix 3 Bedroom Apartments | $2,876 | $730 | $10,000+ |
| Downtown Phoenix 4 Bedroom Apartments | $1,963 | $959 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 644 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 $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

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).

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.

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.

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

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.

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.

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.

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.