
Cheap Homes for Rent in Downtown Phoenix Neighborhood of Phoenix, AZ from $700 (130 Rentals) Page 2 of 3
Search the lowest-cost Homes available for rent right now in the Downtown Phoenix area of Phoenix.


1534 E Roosevelt St, Unit 3, Unit 3

1808 N 32nd St

2726 E Culver St

1702 E Cambridge Ave

1702 E Cambridge Ave

740 W Elm St

328 N 12th St

1813 N 18th St

2311 W Glenrosa Ave
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.

3529 E Palm Ln

920 E Devonshire Ave

4211 E Palm Ln

2326 E Pinchot Ave, Unit 7

5525 E Thomas Rd

355 E Thomas Rd, Unit B111

4423 N 23rd Ave, Unit Apt B, Unit Apt B

1421 E Fillmore St

325 N 17th Dr

351 E Thomas Rd
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.

4410 N Longview Ave

2534 N 28th St

1126 N 27th St

3828 N 32nd St

4325 N 26th St

2905 E Monroe St

841 E Sheridan St

1941 W Sherman St

1117 N 13th St

1331 W Monroe St
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.

5401 E Van Buren St

2523 N 48th Pl

1016 E Osborn Rd, Unit UNIT F

4615 E Jones Ave

317 N 17th Dr, Unit 6

4701 N 26th Ln

2803 E Monroe St

1406 W Whitton Ave

3827 N 18th St

1016 E Osborn Rd, Unit F, Unit F
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.

3242 E Camelback Rd

Furnished Studio-Phoenix - Airport

3402 N 32nd St

1010 E Coronado Rd

1815 N Dayton St

2520 N 29th St

1031 E Roosevelt St

721 E Montebello Ave

4204 N 38th St

3637 E Monterosa St
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!
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 | $2,193 | $795 | $10,000+ |
| Downtown Phoenix 3 Bedroom Homes for Rent | $3,455 | $1,100 | $10,000+ |
| Downtown Phoenix 4 Bedroom Homes for Rent | $7,686 | $1,750 | $10,000+ |
| Downtown Phoenix 5 Bedroom Homes for Rent | $18,601 | $999 | $10,000+ |
| Downtown Phoenix 6 Bedroom Homes for Rent | $29,748 | $10,000 | $10,000+ |
| Downtown Phoenix 7 Bedroom Homes for Rent | $19,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 130 rentals with your search options within a 2 mile radius of the Downtown Phoenix Neighborhood of Phoenix, AZ.
Explore Phoenix
Frequently Asked Questions about Downtown Phoenix
What type of rentals are currently available in Downtown Phoenix?
There are currently 2157 Apartments for Rent in Downtown Phoenix, AZ with pricing that ranges from $507 to $22,818. There are also 470 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Phoenix ranging from $750 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 $750 to $50,000 with an average monthly rent of $10,445.
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 $1,100 to $14,995. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $961.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.