1601 W Camelback Rd
PhoenixAZ85015
Cheap Homes for Rent in Downtown Phoenix Neighborhood of Phoenix, AZ from $600 (144 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Phoenix area of Phoenix.
5128 N 15th St
PhoenixAZ85014
1601 W Camelback Rd
PhoenixAZ85015
1831 W Mulberry Dr
PhoenixAZ85015
322 N 13th St
PhoenixAZ85006
1634 E Monroe St
PhoenixAZ85034
1502 E Adams St
PhoenixAZ85034
322 N 13th St
PhoenixAZ85006
4213 N Westview Dr
PhoenixAZ85015
1645 E Thomas Rd
PhoenixAZ85016
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
2936 E Indian School Rd
PhoenixAZ85016
810 E Colter St
PhoenixAZ85014
1919 W Colter St
PhoenixAZ85015
1005 E Moreland St
PhoenixAZ85006
121 N 12th Ave
PhoenixAZ85007
1040 N 28th St
PhoenixAZ85008
3101 N 32nd St
PhoenixAZ85018
2032 W Adams St
PhoenixAZ85009
1645 E Thomas Rd
PhoenixAZ85016
1122 E Fillmore St
PhoenixAZ85006
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1645 E Thomas Rd
PhoenixAZ85016
502 E Mariposa St
PhoenixAZ85012
5128 N 15th St
PhoenixAZ85014
1338 W Monroe St
PhoenixAZ85007
425 N 17th Dr
PhoenixAZ85007
2408 W Campbell Ave
PhoenixAZ85015
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$9951 Bedroom Apartments Available Now
1110 E Highland Ave
1110 E Highland AvePhoenix, AZ 85014
1834 E Yale St
PhoenixAZ85006
1517 W Thomas Rd
PhoenixAZ85015
4307 N 21st Dr
PhoenixAZ85015
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.
1606 E Catalina Dr
PhoenixAZ85016
2936 E Indian School Rd
PhoenixAZ85016
5615 N 7th St, Unit 1
5615 N 7th St
PhoenixAZ85014
5119 E Oak St
PhoenixAZ85008
4824 E Willetta St
PhoenixAZ85008
2501 E Culver St
PhoenixAZ85008
2525 N 52nd St
PhoenixAZ85008
1438 E Adams St
PhoenixAZ85034
4718 E Portland St
PhoenixAZ85008
1851 E Yale St
PhoenixAZ85006
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
912 E Montebello Ave
PhoenixAZ85014
2925 N 15th Dr
PhoenixAZ85015
2632 N 29th Pl
PhoenixAZ85008
5312 E Taylor St
PhoenixAZ85008
2632 N 29th Pl
PhoenixAZ85008
3301 E Earll Dr
PhoenixAZ85018
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$1,1951 Bedroom Apartments Available Now
2539 N 48th St
2539 N 48th StPhoenix, AZ 85008
4232 S 46th Pl
PhoenixAZ85040
4214 S 47th Pl
PhoenixAZ85040
3427 E Osborn Rd
PhoenixAZ85018
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Downtown Phoenix, Phoenix, AZ Local Guide
How much does it cost to rent a home in Downtown Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Phoenix 2 Bedroom Homes for Rent | $2,134 | $895 | $10,000+ |
| Downtown Phoenix 3 Bedroom Homes for Rent | $3,818 | $1,500 | $10,000+ |
| Downtown Phoenix 4 Bedroom Homes for Rent | $7,755 | $1,600 | $10,000+ |
| Downtown Phoenix 5 Bedroom Homes for Rent | $21,801 | $2,595 | $10,000+ |
| Downtown Phoenix 6 Bedroom Homes for Rent | $31,331 | $8,995 | $10,000+ |
| Downtown Phoenix 7 Bedroom Homes for Rent | $19,000 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 144 rentals with your search options within a 2 mile radius of the Downtown Phoenix Neighborhood of Phoenix, AZ.
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Downtown Phoenix, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
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Cheapest Available Downtown Phoenix Apartments for Rent
The cheapest available apartment rental in the Downtown Phoenix area of Phoenix, AZ is a 1 Bed unit found at Phoenix Scholar House priced from $526. Legacy Crossing I & II has the second lowest priced unit, which is a 3 Beds apartment currently listed from $639. Here are the most affordable Downtown Phoenix apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Phoenix Scholar House | Phoenix Scholar House 1/1 588 SF | 1BR,1BA | $526 |
| Legacy Crossing I & II | LG2 3 Bedroom | 3BR,2BA | $639 |
| The Venue on Camelback Apartments | Honey | Studio,1BA | $667 |
| Spectra Midtown | S2C | Studio,1BA | $705 |
| Park Lee | One-Bedroom | 1BR,1BA | $715 |
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $717 |
| 2025 West Apartment Homes | S1 | Studio,1BA | $719 |
| Victory Place I-IV | Studio | Studio,1BA | $720 |
| Sunset Sound Studio Apartments | STU-U | Studio,1BA | $735 |
| Adara | Co-living 4B | Studio,1BA | $741 |
Best Value Apartments for Rent in Downtown Phoenix, AZ
As of March 09, 2026 the best value apartment in the Downtown Phoenix area is the $0.86 price per square foot 3B2B - B Model at Copper Stone on 32nd in the in the South Phoenix neighborhood starting from $1,066. The second greatest value Downtown Phoenix apartment is the Topaz Pointe 3 Bedroom Model at Topaz Pointe starting at $1,167 with a $1.00 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Downtown Phoenix apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Copper Stone on 32nd | 3B2B - B | 3BR,2BA | $0.86 |
| Topaz Pointe | Topaz Pointe 3 Bedroom | 3BR,2BA | $1.00 |
| Villas at Papago | Two Bedroom Villas | 2BR,1BA | $1.00 |
| Collins Off Colter II | B3 - Phase ll | 2BR,1BA | $1.14 |
| Tamarack | B1 | 2BR,1BA | $1.19 |
| Arcadia 30 | 2x1 | 2BR,1BA | $1.21 |
| Legacy Crossing I & II | 1 bedroom | 1BR,1BA | $1.21 |
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $1.04 |
| Briella Phoenix | A1 | 1BR,1BA | $1.25 |
| Park Lee | One-Bedroom | 1BR,1BA | $1.06 |
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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If you’re an expert on all things Downtown Phoenix, tell us what you love (and don't) by rating it and writing a review.
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Best Local Schools in Downtown Phoenix, Phoenix, AZ
Phoenix Union Bioscience High School
Phoenix Union High School District
Public School - Grades 9-12 (390)
10 out of 10
School data provided by Great Schools
Frequently Asked Questions about Downtown Phoenix
What type of rentals are currently available in Downtown Phoenix?
There are currently 2201 Apartments for Rent in Downtown Phoenix, AZ with pricing that ranges from $526 to $19,995. There are also 512 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Phoenix ranging from $636 to $50,000.
What is the current price range for Rental Homes in Downtown Phoenix?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Phoenix ranges from $636 to $50,000 with an average monthly rent of $11,036.
How much are larger Three and Four Bedroom Rentals in Downtown Phoenix?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Phoenix range from $730 to $19,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $30,000. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $942.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.