
Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ Under $1,500 (553 Rentals) Page 2 of 12


32 Arcadia

Urban Walk Apartments

Summit on Thomas

Total Monthly Price
Haven at Midtown

Ascent at Papago Park

Total Monthly Price
44 Monroe

Elevation on Central

Total Monthly Price
Crosstown Phoenix

Echelon Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

ReNew Biltmore

Valencia Park

The Loreto Apartments

Capri on Camelback

Radius Apartments

AVE Phoenix Sky

Urbana on 12th

Arioso City Lofts

La Cima Apartments

Union at Roosevelt I and II
Downtown Phoenix - One of the Best Affordable Neighborhoods in Phoenix
Named as one of the Best Affordable Areas to rent in Phoenix by our Phoenix, AZ Local Expert Andrew Jollett. See how it ranks!

Streamliner 16th

Imperial

Portola at Papago

Total Monthly Price
Monterey Village

Total Monthly Price
Darwin Apartments

The Lex

Omnia on Thomas

Total Monthly Price
Papago Crossing

Prados Apartments at Arcadia

Connect on Missouri Apartments
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

2025 West Apartment Homes

Ellis Midtown

Red Rox Villas

X Phoenix

Papago View Apartments

Blume on Central

VB on 12th

Total Monthly Price
Derby

MAA Midtown Phoenix

60 at Melrose

Acacia Gardens

Arcadia Gardens

Kinley at Biltmore

Arcadia 30

Ava Park

San Merida

Avante Pointe

The Urban
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 | $1,386 | $675 | $4,244 |
| Downtown Phoenix 1 Bedroom Apartments | $1,600 | $507 | $6,267 |
| Downtown Phoenix 2 Bedroom Apartments | $2,150 | $810 | $8,455 |
| Downtown Phoenix 3 Bedroom Apartments | $3,044 | $730 | $10,000+ |
| Downtown Phoenix 4 Bedroom Apartments | $2,389 | $957 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 553 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 Downtown Phoenix
How much are Studio apartments in Downtown Phoenix?
There are currently 575 Studio Apartments in Downtown Phoenix with rent ranges from $675 to $4,244 with an average price of $1,386.
What is the current price range for One Bedroom Downtown Phoenix Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Phoenix ranges from $507 to $6,267 with an average monthly rent of $1,600.
What does renting a Two Bedroom Apartment in Downtown Phoenix cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Phoenix range from $810 to $8,455. Today's average rental price for Two Bedrooms here is $2,150.
How expensive are Downtown Phoenix Three Bedroom Apartments?
There are currently 362 Three Bedroom Apartments listings available in Downtown Phoenix on ApartmentHomeLiving.com. The pricing ranges from $730 to $19,995 - averaging $3,044 for the location.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

