
Luxury Townhomes for Rent in Downtown Phoenix Neighborhood of Phoenix, AZ (49 Rentals)
The most luxurious Townhomes in the Downtown Phoenix area of Phoenix with high-end amenities, features, and finishes.


4236 N 27th St, Unit 27

3107 N 39th St, Unit #10

4507 N 12th St

1812 West Vermont Ave

4332 E Berkeley Rd
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.

1645 E Monroe St

4118 E Calle Redonda

16 W Encanto Blvd

2810 E Clarendon Ave

2015 N 50th St

2315 N 52nd St

4411 N 40th St

5550 N 16th St

777 W Coolidge St

3037 E Rose Ln

5812 N 12th St
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.

820 N 8th Ave

4206 N 38th St

2930 N 29th St

4808 N 24th St

3114 E Hazelwood St

4210 N 28th St

4700 N 40th St

2929 N 37th St

2241 E Pinchot Ave

4230 N 21st St
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.

3023 N 37th Pl

3107 N 39th St

4391 N 24th Pl

325 E Coronado Rd

2615 E Campbell Ave

4220 N 32nd St

1825 N 43rd Ter

3833 E Monterey Wy

4507 N 12th 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!

2608 E Turney Ave

3265 E Camelback Rd

3009 E Rose Ln

5151 N 13th Pl

1914 E Medlock Dr

5010 N 34th St

4332 N 40th St

5418 N 25th St

6148 N 29th St
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

4434 E Camelback Rd

2802 E Camino Acequia Dr

1040 E Osborn Rd

5306 N 31st Pl
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 | $2,218 | $850 | $10,000+ |
Downtown Phoenix 3 Bedroom Homes for Rent | $3,156 | $1,499 | $10,000+ |
Downtown Phoenix 4 Bedroom Homes for Rent | $6,257 | $850 | $10,000+ |
Downtown Phoenix 5 Bedroom Homes for Rent | $10,000 | $2,299 | $10,000+ |
Downtown Phoenix 6 Bedroom Homes for Rent | $8,075 | $4,000 | $10,000+ |
Downtown Phoenix 7 Bedroom Homes for Rent | $19,000 | $10,000 | $10,000+ |
Explore Phoenix
Downtown Phoenix, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
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Quick 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.
Frequently Asked Questions about Downtown Phoenix
What type of rentals are currently available in Downtown Phoenix?
There are currently 2181 Apartments for Rent in Downtown Phoenix, AZ with pricing that ranges from $420 to $14,995. There are also 619 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Phoenix ranging from $750 to $30,000.
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 $30,000 with an average monthly rent of $6,417.
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 $14,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $15,000. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $775.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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).

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.