
Cheap Apartments for Rent in the Midtown Phoenix Neighborhood of Phoenix, AZ from $500 (171 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Phoenix area of Phoenix.


Spectra Midtown

2025 West Apartment Homes

Collins off Colter*

Park Lee

The Studio on 12th Street

Park Terrace

1805 E Indian School Rd

Courtyard at Encanto Apartments

1125 E Devonshire Ave
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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.

4401 N 12th St

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Omnia on Thomas

Pierson Place Apartments

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1716 E Earll Dr, Unit 1716 E. Earll Drive Unit

4130 N 12th St

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Crosstown Phoenix

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Briella Phoenix

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The Palmer

1645 E Thomas Rd

Ava Park
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Colter Park Apartments

The Loreto

2417 West Campbell Ave

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Melrose3130

Terra Villa Apartments

4444 N 7th Ave

1330 E Highland Ave

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1517 W Thomas Rd, Unit 3

Camelback Properties

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Camelback Cove Apartments
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
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inHabit on 7th

La Cima

The Onyx

1627 E Pinchot Ave

44 E Roanoke Ave

4444 N 7th Ave

The Palms

1110 E Highland Ave

Homeward Bound

4719 N 15th Ave
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740 W Elm St

Seventh Apartments

Luna Bear Arcos

Playton Place

La Buena Vida

4444 N 7th Ave

Urbana on 12th

4444 N 7th Ave

4009 N 13th Ave

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Icon on Central
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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 | $1,096 | $665 | $2,230 |
| Midtown Phoenix 1 Bedroom Apartments | $1,405 | $526 | $4,644 |
| Midtown Phoenix 2 Bedroom Apartments | $1,776 | $644 | $4,502 |
| Midtown Phoenix 3 Bedroom Apartments | $2,297 | $1,336 | $8,063 |
Browse Apartments in this Neighborhood
There are currently 171 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
- Nearby Phoenix neighborhoods
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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. Spectra Midtown has the second lowest priced unit, which is a Studio apartment currently listed from $665. 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 1/1 588 SF | 1BR,1BA | $526 |
| Spectra Midtown | S2C | Studio,1BA | $665 |
| 2025 West Apartment Homes | S1 | Studio,1BA | $675 |
| Collins off Colter* | S1 - Phase l | Studio,1BA | $696 |
| Park Lee | One-Bedroom | 1BR,1BA | $715 |
| Park Terrace | Studio | Studio,1BA | $749 |
| Omnia on Thomas | 0x1 350sf Classic | Studio,1BA | $799 |
| Bethany at Midtown | Studio | Studio,1BA | $799 |
| Aspire Apartment Homes | 0 x 1 - Classic | Studio,1BA | $799 |
Best Value Apartments for Rent in Midtown Phoenix, AZ
As of March 22, 2026 the best value apartment in the Midtown Phoenix area is the $1.44 price per square foot Mesa Model at Canyon Townhomes in the in the Downtown Phoenix neighborhood starting from $2,430. The second greatest value Midtown Phoenix apartment is the 69 E Columbus Ave Model at 69 E Columbus Ave, Unit 1 starting at $2,200 with a $1.47 price per square foot in the Encanto 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. |
|---|---|---|---|
| Canyon Townhomes | Mesa | 3BR,2.5BA | $1.44 |
| 69 E Columbus Ave, Unit 1 | 69 E Columbus Ave | 3BR,2BA | $1.47 |
| Camelback Gardens | Two Bedroom, Two Bath | 2BR,2BA | $1.25 |
| Collins Off Colter II | B3 - Phase ll | 2BR,1BA | $1.14 |
| Palisade Park Aparments | 2x2 Gold | 2BR,2BA | $1.30 |
| Homeward Bound | 2 Bedroom 1 Bath | 2BR,1BA | $1.40 |
| Casa De Flores | 1 X 1 | 1BR,1BA | $1.43 |
| Briella Phoenix | A1 | 1BR,1BA | $1.21 |
| Park Lee | One-Bedroom | 1BR,1BA | $1.06 |
| Starlight Apartments | 1BR/1.0BA | 1BR,1BA | $1.48 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleA Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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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
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
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 #20
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
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 $2,407.
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 224 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 $665 which is $1,742 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
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.

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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.