Cheap Homes for Rent in Midtown Phoenix Neighborhood of Phoenix, AZ from $700 (44 Rentals)

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

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

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.

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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.

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property at 3993 N 3rd Ave

3993 N 3rd Ave

PhoenixAZ85013

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 200 E Thomas Rd

200 E Thomas Rd

PhoenixAZ85012

Midtown Phoenix - One of the Best Affordable Neighborhoods in Phoenix

Named as one of the Best Affordable Areas to rent in Phoenix by our Phoenix, AZ Local Expert Andrew Jollett. See how it ranks!

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Showing Results 1-44, Page 1 of 1

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 Crosstown Phoenix priced from $693. La Buena Vida has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here are the most affordable Midtown Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Crosstown Phoenixe10a - WestStudio,1BA$693
La Buena Vida1 Bed, 1 bath1BR,1BA$705
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
The Studio on 12th StreetstudiosStudio,1BA$799
Bethany at MidtownStudioStudio,1BA$800
The Loreto ApartmentsStudioStudio,1BA$848

Best Value Apartments for Rent in Midtown Phoenix, AZ

As of June 23, 2025 the best value apartment in the Midtown Phoenix area is the $1.53 price per square foot 69 E Columbus Ave Model at 69 E Columbus Ave, Unit 2 in the in the Encanto neighborhood starting from $2,300. 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.
69 E Columbus Ave, Unit 269 E Columbus Ave3BR,2BA$1.53
Large 2 bedroom units central Phoenix2x1 B1 R2BR,1BA$1.43
Aura at Midtown2x1.5 897sf Reno2BR,2BA$1.41
Missouri CrossingSouthern Pacific2BR,1BA$1.48
60 at Melrose2 bed 2 bath2BR,2BA$1.50
Palisade Park Aparments2x22BR,2BA$1.25
The Parker1 Bedroom1BR,1BA$1.56
Highland TerraceOne Bed/ One Bath1BR,1BA$1.53
La Buena Vida1 Bed, 1 bath1BR,1BA$1.04
Park LeeOne-Bedroom1BR,1BA$1.06

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Midtown Phoenix

What type of rentals are currently available in Midtown Phoenix?

There are currently 708 Apartments for Rent in Midtown Phoenix, AZ with pricing that ranges from $677 to $12,000. There are also 162 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Phoenix ranging from $895 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 $895 to $12,000 with an average monthly rent of $3,353.

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 $1,482 to $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,845 to $11,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,980.

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.