
Cheap Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $500 (610 Rentals) Page 6 of 13
Search the lowest-cost Apartments available for rent right now in the Downtown Phoenix area of Phoenix.


Park Paloma

4116 E Moreland St

918 E Garfield St

4224 N 12th St

2723 e southgate ave, Unit 102

1920 W Mulberry Dr

4423 N 13th Pl

Audere Apartments

Total Monthly Price
The Battery

Total Monthly Price
Rosie

The Palms

Alloy Midtown

The Parker

Total Monthly Price
Skye on 6th

Total Monthly Price
44 Monroe

4701 N 26th Ln

732 W Southgate Ave

AVE Phoenix Sky

ASA Midtown

4617 E Jones Ave

1625 E Wood St

Skylar Apartments

1126 N 27th St

Maeve Central Station

The Logan at Osborn

4819 E Cambridge Ave

4410 E Pueblo Ave

Madison Villas

749 E Montebello Ave

Total Monthly Price
Broadstone 7th Street

3836 N 15th Ave

1321 N 48th Pl

Arts District Apartments

Total Monthly Price
The Heritage Apartment Homes

Onyx Uptown PHX

1505 W McKinley St

5306 E Polk St

Ray Phoenix

Total Monthly Price
Konrad

The Cascades Apartments

Furnished Studio-Phoenix - Airport - E. Oak St.

The McKinley

Total Monthly Price
1146 W Apache St, Unit Apt 2

Total Monthly Price
1146 W Apache St, Unit Apt 1

1701 E Colter St

Ingleside

Total Monthly Price
Citi on Camelback

317 N 17th Dr, Unit 6

4444 N 7th Ave, Unit B226
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 | $1,324 | $649 | $3,788 |
| Downtown Phoenix 1 Bedroom Apartments | $1,567 | $507 | $6,267 |
| Downtown Phoenix 2 Bedroom Apartments | $2,153 | $849 | $8,455 |
| Downtown Phoenix 3 Bedroom Apartments | $2,919 | $730 | $10,000+ |
| Downtown Phoenix 4 Bedroom Apartments | $1,933 | $965 | $8,657 |
Browse Apartments in this Neighborhood
There are currently 610 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 $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

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

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.

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.