Cheap Apartments for Rent in the Midtown Phoenix Neighborhood of Phoenix, AZ from $500 (165 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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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 La Buena Vida priced from $705. Crosstown Phoenix has the second lowest priced unit, which is a Studio apartment currently listed from $709. Here are the most affordable Midtown Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
La Buena Vida1 Bed, 1 bath1BR,1BA$705
Crosstown Phoenixe10a - WestStudio,1BA$709
Park LeeOne-Bedroom1BR,1BA$715
SeventhStudio - ClassicStudio,1BA$717
2025 West Apartment HomesS1Studio,1BA$741
Omnia on Thomas0x1 350sf ClassicStudio,1BA$767
Spectra MidtownS2CStudio,1BA$773
Tides on OsbornA21BR,1BA$777
The Studio on 12th StreetstudiosStudio,1BA$799
Collins off Colter*S1U2Studio,1BA$801

Best Value Apartments for Rent in Midtown Phoenix, AZ

As of June 14, 2025 the best value apartment in the Midtown Phoenix area is the $1.10 price per square foot Two Bedroom 1.5 Bath Model at Camelback Gardens in the in the Downtown Phoenix neighborhood starting from $1,350. The second greatest value Midtown Phoenix apartment is the 2x1 B1 R Model at Large 2 bedroom units central Phoenix starting at $1,299 with a $1.43 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.
Camelback GardensTwo Bedroom 1.5 Bath2BR,1.5BA$1.10
Large 2 bedroom units central Phoenix2x1 B1 R2BR,1BA$1.43
Aura at Midtown2x1.5 897sf Reno2BR,2BA$1.45
1640 W Osborn Rd, Unit 61640 W Osborn Rd2BR,1BA$1.45
Missouri CrossingSouthern Pacific2BR,1BA$1.48
60 at Melrose2 bed 2 bath2BR,2BA$1.50
Palisade Park Aparments2x22BR,2BA$1.25
Highland TerraceOne Bed/ One Bath1BR,1BA$1.53
La Buena Vida1 Bed, 1 bath1BR,1BA$1.04
Park LeeOne-Bedroom1BR,1BA$1.06

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Pet Friendly Lifestyle
Midtown Phoenix, Phoenix, AZ

Ranked #15

Among neighborhoods in Phoenix, AZ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Midtown Phoenix Neighborhood in Phoenix, AZ

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $801.

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

The cheapest apartment in Midtown Phoenix is La Buena Vida which is listed at $705, while the average apartment in Midtown Phoenix costs $2,455.

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 85 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 $198 which is $2,257 cheaper than the average rent for all rentals in Midtown Phoenix.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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).

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.