
Cheap Homes for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $700 (148 Rentals) Page 3 of 3
Search the lowest-cost Homes available for rent right now in the Downtown Phoenix area of Phoenix.


3637 E Monterosa St

2950 N 29th Pl

317 N 17th Dr, Unit 6

1429 S 15th Ave

4444 N 7th Ave, Unit B226

1130 N 2nd St

2320 N 52nd St

920 E Devonshire Ave

3337 N 16th Ave
Cash 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.

3002 E McKinley St, Unit 6

1010 E Coronado Rd

1019 S 4th Ave

3002 E McKinley St, Unit 3

1518 W 5th St

2233 E Wood St

2114 W San Juan Ave

2504 N 52nd St

1030 E Polk St

3619 E Monterosa St
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.

2202 W Glenrosa Ave

2233 E Highland Ave

4727 E Lafayette Blvd, Unit 327

2802 E Adams St

2221 E Osborn Rd

1122 E McKinley St

1033 N 25th St

5207 N 24th St, Unit 102

1225 N 36th St

3056 N 32nd 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.

Furnished Studio-Phoenix - Airport - Tempe

1331 E Pierson St

5126 E Monte Vista Rd

1701 E Colter St, Unit 221

3235 E Camelback Rd

1538 E Pierce St

3139 E Glenrosa Ave

Furnished Studio-Phoenix - Airport

4202 N 38th St, Unit 8

4235 N 13th Pl, Unit apt 2
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.

3038 N 24th Ln

2138 E Turney Ave

2308 N 51st Pl

3635 N 37th St, Unit 7

100 E Fillmore St

1905 E University Dr, Unit Papago Park Village 2

1124 N 14th St

4639 N 3rd 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 Homes for Rent | $2,141 | $899 | $10,000+ |
| Downtown Phoenix 3 Bedroom Homes for Rent | $3,366 | $1,350 | $10,000+ |
| Downtown Phoenix 4 Bedroom Homes for Rent | $6,803 | $1,795 | $10,000+ |
| Downtown Phoenix 5 Bedroom Homes for Rent | $20,875 | $2,750 | $10,000+ |
| Downtown Phoenix 6 Bedroom Homes for Rent | $29,500 | $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 148 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 2161 Apartments for Rent in Downtown Phoenix, AZ with pricing that ranges from $507 to $19,995. There are also 477 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Phoenix ranging from $799 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 $799 to $50,000 with an average monthly rent of $10,540.
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 $1,350 to $14,995. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $970.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.