Cheap Apartments for Rent in the Midtown Phoenix Neighborhood of Phoenix, AZ from $500 (257 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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Crosstown Phoenix
Rent Specials
$684 - $1,660
Total Monthly Price

Total Monthly Price

Base Rent
$684 - $1,660

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Crosstown Phoenix

1601 W Camelback RdPhoenix, AZ 85015
Student Housing
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Collins off Colter*
Rent Specials
$759 - $3,185
Total Monthly Price

Total Monthly Price

Base Rent
$759 - $3,185

Total Monthly Price
$759 - $3,185
Studio to 3 Bedroom Apartments Available Now

Collins off Colter*

5128 N 15th StPhoenix, AZ 85014
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property at 4401 N 12th St

$725 - $1,300

1 Bedroom Rentals

Available Now

4401 N 12th St

PhoenixAZ85014

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Briella Phoenix
Rent Specials
$938 - $3,345
Total Monthly Price

Total Monthly Price

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$938 - $3,345

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Studio to 2 Bedroom Apartments Available Now

Briella Phoenix

1502 E Osborn RdPhoenix, AZ 85014
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Icon on Central
Rent Specials
$999 - $1,457
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,457

Total Monthly Price
$999 - $1,457
1 to 2 Bedroom Apartments Available Now

Icon on Central

77 W Coolidge StPhoenix, AZ 85013
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property at 3623 N 5th Ave

$1,003 - $1,407

1 To 2 Bedroom Rentals

Available Aug 20

3623 N 5th Ave

PhoenixAZ85013

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property at 1701 E Colter St

$1,150 - $2,500

Studio To 3 Bedroom Rentals

Available Now

1701 E Colter St

PhoenixAZ85016

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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 1 Bed unit found at Highland Palms priced from $595. 2025 West Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $655. Here are the most affordable Midtown Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Highland Palms1 Beds, 1 Baths1BR,1BA$595
2025 West Apartment HomesS1Studio,1BA$655
Crosstown Phoenixe10a - WestStudio,1BA$684
Park LeeOne-Bedroom1BR,1BA$715
Ava ParkA1 Income Qualified Homes1BR,1BA$725
Park TerraceStudioStudio,1BA$749
Spectra MidtownS1 R (Studio Renovated)Studio,1BA$759
Duo ApartmentsStudioStudio,1BA$763
Omnia on Thomas0x1 350sf ClassicStudio,1BA$770
La Cima ApartmentsStudio ~Urban Style. Midtown Energy - Move in S...Studio,1BA$795

Best Value Apartments for Rent in Midtown Phoenix, AZ

As of August 05, 2026 the best value apartment in the Midtown Phoenix area is the $1.16 price per square foot D1 - Phase ll Model at Collins Off Colter II in the in the Central Phoenix neighborhood starting from $1,799. The second greatest value Midtown Phoenix apartment is the 3 Beds, 2 Baths Model at Sandalwood Apartments starting at $1,595 with a $1.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Collins Off Colter IID1 - Phase ll3BR,2BA$1.16
Sandalwood Apartments3 Beds, 2 Baths3BR,2BA$1.13
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$1.33
Avante Pointe2 x 2 Renovated w/ Alcove2BR,2BA$1.34
Casa De Flores2 X 12BR,1BA$1.38
Park LeeOne-Bedroom1BR,1BA$1.06
Bethany at MidtownOne Bedroom One Bathroom1BR,1BA$1.23
Highland Palms1 Beds, 1 Baths1BR,1BA$0.92

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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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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 $795.

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

The cheapest apartment in Midtown Phoenix is Highland Palms which is listed at $595, while the average apartment in Midtown Phoenix costs $1,600.

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 138 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 $468 which is $1,132 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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