Cheap Homes for Rent in Midtown Phoenix Neighborhood of Phoenix, AZ from $700 (51 Rentals)

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Search the lowest-cost Homes available for rent right now in the Midtown Phoenix area of Phoenix.

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property at 5303 N 7th St

5303 N 7th St

PhoenixAZ85014
property at 3993 N 3rd Ave

3993 N 3rd Ave

PhoenixAZ85013

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Showing Results 1-50, Page 1 of 2

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 Studio unit found at 2025 West Apartment Homes priced from $700. Elevate at Thomas has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Midtown Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
2025 West Apartment HomesS1Studio,1BA$700
Elevate at ThomasStudioStudio,1BA$700
La Buena Vida1 Bed, 1 bath1BR,1BA$705
Park LeeOne-Bedroom1BR,1BA$715
Crosstown Phoenixe10a - EastStudio,1BA$740
Bethany at MidtownStudioStudio,1BA$749
Spectra MidtownS2CStudio,1BA$749
Osborn Place1 Bed - 1 Bath B1BR,1BA$775
Ava ParkA11BR,1BA$787
Courtyard at Encanto ApartmentsStudioStudio,1BA$799

Best Value Apartments for Rent in Midtown Phoenix, AZ

As of September 08, 2025 the best value apartment in the Midtown Phoenix area is the $1.49 price per square foot 2D Model at The Clayton on Highland in the in the Encanto neighborhood starting from $1,900. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Clayton on Highland2D2BR,2.5BA$1.49
Camelback GardensTwo Bedroom, Two Bath2BR,2BA$1.25
Missouri CrossingSouthern Pacific2BR,1BA$1.49
3631 N 15th Ave, Unit C3631 N 15th Ave2BR,1BA$1.43
Park Terrace2 Bed 2 Bath A2BR,2BA$1.50
Osborn Place1 Bed - 1 Bath B1BR,1BA$1.07
Aura at Midtown1x1 714sf Partial1BR,1BA$1.50
La Buena Vida1 Bed, 1 bath1BR,1BA$1.04
Tides on OsbornA21BR,1BA$1.49
Park LeeOne-Bedroom1BR,1BA$1.06

Quick 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.

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Pet Friendly Lifestyle
Midtown Phoenix, Phoenix, AZ

Ranked #18

Among cities in Arizona 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

Frequently Asked Questions about Midtown Phoenix

What type of rentals are currently available in Midtown Phoenix?

There are currently 709 Apartments for Rent in Midtown Phoenix, AZ with pricing that ranges from $700 to $12,000. There are also 178 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Phoenix ranging from $775 to $12,000.

What is the current price range for Rental Homes in Midtown Phoenix?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown Phoenix ranges from $775 to $12,000 with an average monthly rent of $2,176.

How much are larger Three and Four Bedroom Rentals in Midtown Phoenix?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown Phoenix range from $1,214 to $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $11,000. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $3,500.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.