Cheap Apartments for Rent in the Midtown Phoenix Neighborhood of Phoenix, AZ from $533 (281 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown Phoenix area of Phoenix.

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Omnia on Thomas
Rent Specials
$730 - $2,468

Total Monthly Price

Base Rent$730 - $2,468

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Omnia on Thomas

1645 E Thomas RdPhoenix, AZ 85016
Affordability
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Collins off Colter*
Rent Specials
$734 - $2,755

Total Monthly Price

Base Rent$734 - $2,755

Total Monthly Price$734 - $2,755
Studio to 3 Bedroom Apartments Available Now

Collins off Colter*

5128 N 15th StPhoenix, AZ 85014
Affordability
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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.

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Crosstown Phoenix
Rent Specials
$793 - $1,853

Total Monthly Price

Base Rent$793 - $1,853

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Crosstown Phoenix

1601 W Camelback RdPhoenix, AZ 85015
Student Housing
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property at 849 W Mitchell Dr
$775 - $825
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

849 W Mitchell Dr

PhoenixAZ85013
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Briella Phoenix
Rent Specials
$842 - $3,658

Total Monthly Price

Base Rent$842 - $3,658

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Briella Phoenix

1502 E Osborn RdPhoenix, AZ 85014
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

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

708

4444 N 7th Ave
PhoenixAZ85013
property at 4444 N 7th Ave
$995
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

110

4444 N 7th Ave
PhoenixAZ85013

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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
$1,125
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

B114

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

B213

777 West Campbell Ave
PhoenixAZ85013

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Midtown Phoenix, Phoenix, AZ Local Guide

Cheapest Available Midtown Phoenix Apartments for Rent

 

The cheapest available apartment rental in the Midtown Phoenix area of Phoenix, AZ is a Studio unit found at 2025 West Apartment Homes priced from $680. Aspire Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Midtown Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
2025 West Apartment HomesS1Studio, 1BA$680
Aspire Apartment Homes0 x 1 - ClassicStudio, 1BA$699
Park LeeOne-Bedroom1BR, 1BA$715
Ava ParkA2 Income Qualified Homes1BR, 1BA$725
Omnia on Thomas0x1 350sf RenoStudio, 1BA$730
Park TerraceStudioStudio, 1BA$749
The Loreto ApartmentsJunior StudioStudio, 1BA$749
Spectra MidtownS1 R (Studio Renovated)Studio, 1BA$749
Colter Park ApartmentsAlamedaStudio, 1BA$755
Duo ApartmentsStudioStudio, 1BA$763

Best Value Apartments for Rent in Midtown Phoenix, AZ

As of September 24, 2026 the best value apartment in the Midtown Phoenix area is the $1.36 price per square foot 3 x1.5 Apartment Townhome Style - Classic Model at Connect on Missouri Apartments in the Downtown Phoenix neighborhood starting from $1,525. The second greatest value Midtown Phoenix apartment is the Two Bedroom, Two Bath Model at Camelback Gardens in the Downtown Phoenix neighborhood starting at $1,399 with a $1.25 price per square foot. Here is today’s list of the best values for Midtown Phoenix apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Connect on Missouri Apartments3 x1.5 Apartment Townhome Style - Classic3BR, 1.5BA$1.36
Camelback GardensTwo Bedroom, Two Bath2BR, 2BA$1.25
Aura at Midtown2x2 1081sf Partial2BR, 2BA$1.26
Avante Pointe2 x 2 Renovated w/ Alcove2BR, 2BA$1.34
Capri on Glenrosa2x12BR, 1BA$1.33
925 E Turney Ave1BR/1.0BA1BR, 1BA$1.06
The Palms2BR/1BA2BR, 1BA$1.19
Park LeeOne-Bedroom1BR, 1BA$1.06
Bethany at MidtownOne Bedroom One Bathroom1BR, 1BA$1.35
Starlight Apartments1BR/1.0BA1BR, 1BA$1.32

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Don'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.

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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

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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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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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Pet Friendly Lifestyle
Midtown Phoenix, Phoenix, AZ

Ranked #12

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Arizona, including Phoenix. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Midtown Phoenix Apartments

What is a cheap apartment in Midtown Phoenix?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Phoenix is under $763.

What is the price of a cheap apartment in Midtown Phoenix?

The cheapest apartment in Midtown Phoenix is Park Lee which is listed at $715, while the average apartment in Midtown Phoenix costs $1,513.

What types of apartments are the cheapest in Midtown Phoenix?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 135 regular apartments in Midtown Phoenix that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Midtown Phoenix?

Cheap apartments in Midtown Phoenix have an average cost of $523 which is $990 cheaper than the average rent for all rentals in Midtown Phoenix.

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.

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