Cheap Apartments for Rent in the Midtown Phoenix Neighborhood of Phoenix, AZ from $500 (171 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
$799 - $2,530
Total Monthly Price

Total Monthly Price

Base Rent
$774 - $2,505
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Omnia on Thomas

1645 E Thomas RdPhoenix, AZ 85016
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Crosstown Phoenix
Rent Specials
$815 - $1,508
Total Monthly Price

Total Monthly Price

Base Rent
$603 - $1,296
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Crosstown Phoenix

1601 W Camelback RdPhoenix, AZ 85015
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Briella Phoenix
Rent Specials
$818 - $1,603
Total Monthly Price

Total Monthly Price

Base Rent
$790 - $1,575
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Briella Phoenix

1502 E Osborn RdPhoenix, AZ 85014
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The Palmer
Rent Specials
$830 - $2,100
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $2,020
Required Monthly Fees
$80

Total Monthly Price
$830 - $2,100
Studio to 2 Bedroom Apartments Available Now

The Palmer

815 E Bethany Home RdPhoenix, AZ 85014
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property at 1645 E Thomas Rd

$830 - $930

Studio To 1 Bedroom Rentals

Available Now

1645 E Thomas Rd

PhoenixAZ85016

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
Rent Specials
$845 - $2,140
Total Monthly Price

Total Monthly Price

Base Rent
$830 - $2,125
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Colter Park Apartments

909 W Colter StPhoenix, AZ 85013
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Melrose3130
Rent Specials
$890 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$490 - $995
Required Monthly Fees
$400

Total Monthly Price
$890 - $1,395
Studio Apartments Available Now

Melrose3130

3130 N 7th AvePhoenix, AZ 85013
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1517 W Thomas Rd, Unit 3
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900
1 Bedroom Apartment Available Now

1517 W Thomas Rd, Unit 3

1517 W Thomas RdPhoenix, AZ 85015
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Camelback Cove Apartments
Rent Specials
$917 - $2,919
Total Monthly Price

Total Monthly Price

Base Rent
$903 - $2,905
Required Monthly Fees
$14

Total Monthly Price
$917 - $2,919
Studio to 2 Bedroom Apartments Available Now

Camelback Cove Apartments

4802 N 12th StPhoenix, AZ 85014
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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

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inHabit on 7th
Rent Specials
$940 - $1,494
Total Monthly Price

Total Monthly Price

Base Rent
$715 - $1,269
Required Monthly Fees
$225

Total Monthly Price
$940 - $1,494
Studio to 1 Bedroom Apartments Available Now

inHabit on 7th

5615 N 7th StPhoenix, AZ 85014
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 740 W Elm St

$995 - $3,600

1 To 2 Bedroom Rentals

Available Now

740 W Elm St

PhoenixAZ85013
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Icon on Central
Rent Specials
$1,111 - $1,610
Total Monthly Price

Total Monthly Price

Base Rent
$1,104 - $1,603
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Icon on Central

77 W Coolidge StPhoenix, AZ 85013
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 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 ListingModel NameBed/BathPriced From
Phoenix Scholar HousePhoenix Scholar House 1/1 588 SF1BR,1BA$526
Spectra MidtownS2CStudio,1BA$665
2025 West Apartment HomesS1Studio,1BA$675
Collins off Colter*S1 - Phase lStudio,1BA$696
Park LeeOne-Bedroom1BR,1BA$715
Park TerraceStudioStudio,1BA$749
Omnia on Thomas0x1 350sf ClassicStudio,1BA$799
Bethany at MidtownStudioStudio,1BA$799
Aspire Apartment Homes0 x 1 - ClassicStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Canyon TownhomesMesa3BR,2.5BA$1.44
69 E Columbus Ave, Unit 169 E Columbus Ave3BR,2BA$1.47
Camelback GardensTwo Bedroom, Two Bath2BR,2BA$1.25
Collins Off Colter IIB3 - Phase ll2BR,1BA$1.14
Palisade Park Aparments2x2 Gold2BR,2BA$1.30
Homeward Bound2 Bedroom 1 Bath2BR,1BA$1.40
Casa De Flores1 X 11BR,1BA$1.43
Briella PhoenixA11BR,1BA$1.21
Park LeeOne-Bedroom1BR,1BA$1.06
Starlight Apartments1BR/1.0BA1BR,1BA$1.48

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Expert'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

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Pet Friendly Lifestyle
Midtown Phoenix, Phoenix, AZ

Ranked #20

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 $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

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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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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.

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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.

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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

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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.

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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.

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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.

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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.