Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $500 (610 Rentals) Page 4 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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Derby
Rent Specials
$1,149 - $6,421
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $6,421
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Derby

800 N 2nd StPhoenix, AZ 85004
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Sora
Rent Specials
$1,175 - $1,835
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,835
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Sora

355 N Central AvePhoenix, AZ 85004
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Mason Oliver
Rent Specials
$1,177 - $3,064
Total Monthly Price

Total Monthly Price

Base Rent
$1,177 - $3,064
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Mason Oliver

11 S 12th StPhoenix, AZ 85034
Corporate Housing
  • Verified
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  • Smoke Free
property at 3623 N 5th Ave

$1,185 - $1,365

1 To 2 Bedroom Rentals

Available Now

3623 N 5th Ave

PhoenixAZ85013
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Alanza Place
Rent Specials
$1,240 - $2,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $2,425
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Alanza Place

1121 N 44th StPhoenix, AZ 85008
Corporate Housing
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Showing Results 151-200, Page 4 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 $749.

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 $2,299.

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 1,249 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 $799 which is $1,500 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

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

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

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

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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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.