
Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $400 (491 Rentals) Page 5 of 10
Search the lowest-cost Apartments available for rent right now in the Downtown Phoenix area of Phoenix.


1813 N 18th St

4012 N 15th Ave

Portrait at Hance Park

The Coronado

Sunrise in Biltmore

Papago Park Apartments

The Parker

Hidden Village

3011 N 38th St

CIRQ 44

1623 E Wood St

Residences at FortyTwo25 Apartments

Skye on 6th

817 N 6th St

Melrose Villas

2228 N 52nd St

Missouri Crossing

Ascent at Papago Park

3540 E Montecito Ave

1241 E Medlock Dr

1421 E Fillmore St

1640 W Osborn Rd, Unit 6

818 N 7th St

Muse Apartments

Whispering Pines

Haven at Midtown

Agave Court

Curve at Melrose

2540 N 17th Way

3302 N 7th St

1701 E Colter St

Circa Central Avenue

The Stewart

Audere Apartments

The Station on Central

Roosevelt Square

Arcadia Cove

4423 N 23rd Ave

2521 E Willetta St

2135 W Hadley St

Cactus Canyon

Park Paloma
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 | $1,419 | $420 | $6,700 |
Downtown Phoenix 1 Bedroom Apartments | $1,692 | $670 | $5,500 |
Downtown Phoenix 2 Bedroom Apartments | $2,297 | $799 | $10,000+ |
Downtown Phoenix 3 Bedroom Apartments | $2,647 | $799 | $10,000+ |
Downtown Phoenix 4 Bedroom Apartments | $1,470 | $699 | $3,650 |
Browse Apartments in this Neighborhood
There are currently 491 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 $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 $2,239.
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 252 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 $166 which is $2,073 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).

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.