
Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $507 (688 Rentals) Page 6 of 14
Search the lowest-cost Apartments available for rent right now in the Downtown Phoenix area of Phoenix.


PALMtower

2132 W Glenrosa Ave

Total Monthly Price
Alloy Midtown

The McKinley

1321 N 48th Pl

1505 W McKinley St

2340 North 11th St

2919 E Oak St

1615 W Osborn Rd

5146 E Oak St

Total Monthly Price
Rosie

SolVida Central

The Highland

4334 N 15th Ave

The Logan at Osborn

Sunrise in Biltmore

Maeve Central Station

Total Monthly Price
Aura Uptown

Hangar 44

ASA Midtown

The Clubhouse at Arcadia

Furnished Studio-Phoenix - Airport

3823 N 23rd Dr

Total Monthly Price
2025 N Richland St, Unit B

3131 E Fairmount Ave

Total Monthly Price
1608 S 7th Ave, Unit Front

3302 N 7th St

2625 E Indian School Rd

3416 N 44th St

Seven Oaks

Aspire Park Central

Del Prado

4108 E Portland St

Furnished Studio-Phoenix - Midtown

Linear Apartment Homes

Total Monthly Price
Axis Camelback

2226 N 22nd St

3942 E Earll Dr

Ingleside

Revival Midtown

720 W McDowell Rd

1106 North 25th Pl

4317 N 19th Dr

Total Monthly Price
85 W Willetta St, Unit 2

85 W Willetta St

326 N 17th Dr

The Palms

The Parker

1006 N 12th 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 | $1,341 | $649 | $3,717 |
| Downtown Phoenix 1 Bedroom Apartments | $1,592 | $659 | $6,324 |
| Downtown Phoenix 2 Bedroom Apartments | $2,186 | $799 | $8,277 |
| Downtown Phoenix 3 Bedroom Apartments | $3,177 | $825 | $10,000+ |
| Downtown Phoenix 4 Bedroom Apartments | $2,393 | $971 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 688 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 $725.
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 $1,545.
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 981 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 $807 which is $738 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

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
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I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

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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.

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.