
Cheap Townhomes for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $1,000 (26 Rentals)
Search the lowest-cost Townhomes available for rent right now in the Downtown Phoenix area of Phoenix.


4487 E Wood St

4524 E Pueblo Ave

4425 E Wood St

3833 N 28th St

4037 S 44th Way
From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

721 E Montebello Ave

4715 E Jones Ave

3811 S 9th St

4505 N 26th Dr

1333 E Thomas Rd

1530 E Diamond St
Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!
Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

1019 S 4th Ave

4631 N 12th Ave

4559 N 26th Dr

4712 E Broadway Rd

2888 N 14th St

320 N 17th Dr
Your Essential Local Experts Phoenix Relocation Guide: Housing, Utilities, and Local Tips
Your complete checklist for relocating to the Phoenix metro area. Easily navigate housing, set up electricity and gas with provider links, handle vehicle registration, and learn local regulations.

2132 W Glenrosa Ave

4756 E Moreland St

4714 E Belleview St

1508 W Sherman St

4714 E Portland St

1106 E Papago St
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.

1331 E Pierson St

3139 E Glenrosa Ave
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 Townhomes for Rent | $2,486 | $1,150 | $10,000+ |
| Downtown Phoenix 3 Bedroom Townhomes for Rent | $2,721 | $1,200 | $7,500 |
| Downtown Phoenix 4 Bedroom Townhomes for Rent | $4,324 | $1,599 | $10,000+ |
Browse Townhomes for Rent in this Neighborhood
There are currently 26 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
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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 ArticleDon'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 ArticleNavigating 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.
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Downtown Phoenix, Phoenix, AZ
Phoenix Union Bioscience High School
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 2205 Apartments for Rent in Downtown Phoenix, AZ with pricing that ranges from $649 to $13,291. There are also 474 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Phoenix ranging from $1,000 to $13,000.
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 $1,000 to $13,000 with an average monthly rent of $2,589.
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 $825 to $10,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $7,500. Four Bedroom Single-Family rentals are also available starting from $1,599 and Four Bedroom Apartments start at $983.
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
Written by: Andrew Jollett
I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips
Written by: Andrew Jollett
Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

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.

A Phoenix Expert's 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.
Articles, How-To's, and Tips

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
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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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.