
Cheap Apartments for Rent in the Midtown Phoenix Neighborhood of Phoenix, AZ from $500 (174 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Phoenix area of Phoenix.


Total Monthly Price
Collins off Colter*

Courtyard at Encanto Apartments

2025 West Apartment Homes

Park Lee

Total Monthly Price
Crosstown Phoenix

The Studio on 12th Street

Spectra Midtown

Omnia on Thomas

Ava Park
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
Briella Phoenix

Park Terrace

La Buena Vida

Pierson Place Apartments

The Wexler Apartments

Colter Park Apartments

Terra Villa Apartments

Acacia Gardens

The Loreto Apartments

2417 West Campbell Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Camelback Cove Apartments

La Cima Apartments

Ellis Midtown

Camelback Properties

4307 N 21st Dr

The Palmer

The Onyx

1627 E Pinchot Ave

The Palms
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4719 N 15th Ave

521 E Bethany Home Rd

inHabit on 7th

Luna Bear Arcos

Seventh Apartments

Total Monthly Price
Icon on Central

Playton Place

Homeward Bound

4444 N 7th Ave, Unit 107

4127 N 18th Pl
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Urbana on 12th

2132 W Glenrosa Ave

Avante Pointe

3903 N 12th St

3302 N 7th St, Unit #330, Unit #330

Highland Terrace

2226 W Heatherbrae Dr

3623 N 5th Ave

1623 E Pinchot Ave

1530 W Mulberry Dr
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Midtown Phoenix, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Midtown Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Phoenix Studio Apartments | $1,142 | $641 | $2,151 |
| Midtown Phoenix 1 Bedroom Apartments | $1,438 | $526 | $3,606 |
| Midtown Phoenix 2 Bedroom Apartments | $1,882 | $849 | $3,706 |
| Midtown Phoenix 3 Bedroom Apartments | $2,405 | $1,336 | $7,038 |
| Midtown Phoenix 4 Bedroom Apartments | $1,595 | $1,595 | $1,595 |
Browse Apartments in this Neighborhood
There are currently 174 rentals with your search options within a 2 mile radius of the Midtown Phoenix Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
Midtown Phoenix, Phoenix, AZ Local Guide
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Cheapest Available Midtown Phoenix Apartments for Rent
 The cheapest available apartment rental in the Midtown Phoenix area of Phoenix, AZ is a 1 Bed unit found at Phoenix Scholar House priced from $526. Collins off Colter* has the second lowest priced unit, which is a Studio apartment currently listed from $641. Here are the most affordable Midtown Phoenix apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Phoenix Scholar House | Phoenix Scholar House (Sensory) 1/1 586 | 1BR,1BA | $526 |
| Collins off Colter* | S1 - Phase l | Studio,1BA | $641 |
| 2025 West Apartment Homes | S1 | Studio,1BA | $700 |
| Park Lee | One-Bedroom | 1BR,1BA | $715 |
| Crosstown Phoenix | e10a - West | Studio,1BA | $722 |
| Spectra Midtown | S1 C | Studio,1BA | $729 |
| Omnia on Thomas | 0x1 350sf Classic | Studio,1BA | $749 |
| Ava Park | A2 | 1BR,1BA | $750 |
| Park Terrace | Studio | Studio,1BA | $774 |
| Bethany at Midtown | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in Midtown Phoenix, AZ
As of May 07, 2026 the best value apartment in the Midtown Phoenix area is the $1.29 price per square foot D1 - Phase ll Model at Collins Off Colter II in the in the Central Phoenix neighborhood starting from $1,998. The second greatest value Midtown Phoenix apartment is the Two Bedroom, Two Bath Model at Camelback Gardens starting at $1,399 with a $1.25 price per square foot in the Downtown Phoenix neighborhood. Here is today’s list of the best values for Midtown Phoenix apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Collins Off Colter II | D1 - Phase ll | 3BR,2BA | $1.29 |
| Camelback Gardens | Two Bedroom, Two Bath | 2BR,2BA | $1.25 |
| Vertu | B1 | 2BR,2BA | $1.30 |
| Tamarack | B1 | 2BR,1BA | $1.19 |
| Avante Pointe | 2 x 2 Classic | 2BR,2BA | $1.29 |
| Osborn Place | 1 Bed - 1 Bath B | 1BR,1BA | $1.38 |
| Homeward Bound | 2 Bedroom 1 Bath | 2BR,1BA | $1.44 |
| Casa De Flores | 1 X 1 | 1BR,1BA | $1.43 |
| Park Lee | One-Bedroom | 1BR,1BA | $1.06 |
| Acacia Gardens | 1 x 1 Renovated | 1BR,1BA | $1.38 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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Read ArticleA Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
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Read ArticleQuick 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.
Pet Friendly LifestyleMidtown Phoenix, Phoenix, AZ
Ranked #16
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Midtown Phoenix, Phoenix, AZ
Phoenix Coding Academy
School data provided by Great Schools
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 $799.
What is the price of a cheap apartment in Midtown Phoenix?
The cheapest apartment in Midtown Phoenix is Phoenix Scholar House which is listed at $526, while the average apartment in Midtown Phoenix costs $2,430.
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 166 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 $560 which is $1,870 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.
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
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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.

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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.

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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.
