Homes for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ Under $1,500 (109 Rentals)

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property at 816 E Sheridan St
$1,395

Total Monthly Price

Base Rent$1,395

Total Monthly Price$1,395
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

816 E Sheridan St

PhoenixAZ85006
  • Smoke Free
property at 3825 E Camelback Rd
$1,360

Total Monthly Price

Base Rent$1,360

Total Monthly Price$1,360
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

3825 E Camelback Rd, Unit Arcadia Residences

3825 E Camelback Rd
PhoenixAZ85018
  • Smoke Free
property at 1826 N 7th Ave
$1,350

Total Monthly Price

Base Rent$1,350

Total Monthly Price$1,350
Studio, 1 Bath Home for Rent
Available Now
Furnished

1826 N 7th Ave

PhoenixAZ85007
  • Smoke Free
property at 1019 S 4th Ave
$1,350

Total Monthly Price

Base Rent$1,350

Total Monthly Price$1,350
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

1019 S 4th Ave

PhoenixAZ85003
property at 1514 E Clarendon Ave
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
1 Bedroom, 1 Bath Townhome for Rent
Available Sep 30

1514 E Clarendon Ave

PhoenixAZ85014
  • Smoke Free
property at 1201 E Moreland St
$1,000 - $2,300

Total Monthly Price

Base Rent$1,000 - $2,300

Total Monthly Price$1,000 - $2,300
Studio To 2 Bedroom Townhomes for Rent
Available Now
Furnished

1201 E Moreland St

PhoenixAZ85006
  • Smoke Free
property at 1629 N Laurel Ave
$897 - $2,800

Total Monthly Price

Base Rent$897 - $2,800

Total Monthly Price$897 - $2,800
1 To 3 Bedroom Homes for Rent
Available Now
Furnished

1629 N Laurel Ave

PhoenixAZ85007
  • Smoke Free

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.

property at 4444 N 7th Ave
$1,295
2 Bedroom, 2 Bath Rentals
Available Now
Affordability

602

4444 N 7th Ave
PhoenixAZ85013

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 777 West Campbell Ave
$1,125
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

B213

777 West Campbell Ave
PhoenixAZ85013
property at 777 West Campbell Ave
$1,495
2 Bedroom, 2 Bath Rentals
Available Now
Affordability

B228

777 West Campbell Ave
PhoenixAZ85013
property at 4444 N 7th Ave
$1,495
2 Bedroom, 2 Bath Rentals
Available Now
Affordability

514

4444 N 7th Ave
PhoenixAZ85013
property at 777 West Campbell Ave
$1,175
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

B206

777 West Campbell Ave
PhoenixAZ85013
property at 4444 N 7th Ave
$1,125
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

411

4444 N 7th Ave
PhoenixAZ85013
property at 4444 N 7th Ave
$975
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

708

4444 N 7th Ave
PhoenixAZ85013
property at 777 West Campbell Ave
$1,495
2 Bedroom, 2 Bath Rentals
Available Now
Affordability

B226

777 West Campbell Ave
PhoenixAZ85013
property at 777 West Campbell Ave
$1,125
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

B114

777 West Campbell Ave
PhoenixAZ85013
property at 4444 N 7th Ave
$975
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

111

4444 N 7th Ave
PhoenixAZ85013
property at 4444 N 7th Ave
$975
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

711

4444 N 7th Ave
PhoenixAZ85013

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.

property at 4444 N 7th Ave
$995
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

110

4444 N 7th Ave
PhoenixAZ85013
property at 4444 N 7th Ave
$1,495
2 Bedroom, 2 Bath Rentals
Available Now
Affordability

500

4444 N 7th Ave
PhoenixAZ85013
property at 4444 N 7th Ave
$1,125
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

310

4444 N 7th Ave
PhoenixAZ85013
property at 777 West Campbell Ave
$1,175
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

B205

777 West Campbell Ave
PhoenixAZ85013

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.

property at 2614 N 46th St
$1,495
2 Bedroom Rentals
Available Now
Affordability

2614 N 46th St

PhoenixAZ85008

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Downtown Phoenix, Phoenix, AZ Local Guide

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.

Read Article

Expert'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

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Real 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.

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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.

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Frequently Asked Questions about Downtown Phoenix

What type of rentals are currently available in Downtown Phoenix?

There are currently 2190 Apartments for Rent in Downtown Phoenix, AZ with pricing that ranges from $649 to $19,141. There are also 423 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Phoenix ranging from $225 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 $225 to $50,000 with an average monthly rent of $4,131.

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 $17,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $14,995. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $971.

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

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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.

decorative image for Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips article

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.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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.

decorative image for A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

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

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.