
Cheap Apartments for Rent in the Midtown Neighborhood of Phoenix, AZ from $700 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown area of Phoenix.


Total Monthly Price
Melrose3130

U Apartments @ Melrose

Total Monthly Price
Ellis Midtown

1301 W Indian School Rd

3615 N 15th Ave

3848 N 3rd Ave

44 E Roanoke Ave
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The Phoenix Apartments on 6th Avenue

3623 N 5th Ave

3601 N 15th Ave

310 W Earll Dr

Blume on Central

MAA Central Ave

Total Monthly Price
The Station on Central

1308 W Whitton Ave
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411 E Indian School Rd

60 at Melrose

3302 N 7TH St

The Palms

Midtown Flats

Osborn Pointe

The Devonshire

10th Street
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9 Melrose

The Hampton on Osborn

45 E Lexington

15 Melrose

Duo Apartments

Roanoke Terrace

Urbana at 11th

Metropolitan
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Fringe City View

Aura at Midtown

411 E Indian School Rd

The Astor at Osborn

208 E Virginia Ave

3848 N 3rd Ave

Alvarado Place Apartments

Fringe Midtown
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Midtown, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Midtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Studio Apartments | $1,300 | $799 | $2,301 |
| Midtown 1 Bedroom Apartments | $1,646 | $975 | $4,794 |
| Midtown 2 Bedroom Apartments | $2,092 | $899 | $3,461 |
| Midtown 3 Bedroom Apartments | $2,567 | $1,810 | $3,862 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 1 mile radius of the Midtown Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
Midtown, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available Midtown Apartments for Rent
 The cheapest available apartment rental in the Midtown area of Phoenix, AZ is a Studio unit found at The Wexler Apartments priced from $799. Midtown Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Midtown apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Wexler Apartments | 0x1 A Reno | Studio,1BA | $799 |
| Midtown Flats | A1 | 1BR,1BA | $850 |
| U Apartments @ Melrose | 2x1 B2 R | 2BR,1BA | $899 |
| Melrose3130 | S1 Renovated | Studio,1BA | $900 |
| The Phoenix Apartments on 6th Avenue | Studio | Studio,1BA | $1,055 |
| Mozaic at Steele Park | The Willow | 1BR,1BA | $1,145 |
| Urbana at 11th | Two Bed One Bath | 2BR,1BA | $1,150 |
| Ellis Midtown | 1x1 | 1BR,1BA | $1,199 |
| The Hawthorne | The Monroe | 1BR,1BA | $1,215 |
| Blume on Central | S1 | Studio,1BA | $1,230 |
Best Value Apartments for Rent in Midtown, AZ
As of February 11, 2026 the best value apartment in the Midtown area is the $1.83 price per square foot B1 Model at The Station on Central in the in the Encanto neighborhood starting from $2,048. The second greatest value Midtown apartment is the 344 E Virginia Cir Model at 344 E Virginia Cir, Unit 344 E Virginia Circle starting at $1,850 with a $1.77 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Midtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Station on Central | B1 | 2BR,2BA | $1.83 |
| 344 E Virginia Cir, Unit 344 E Virginia Circle | 344 E Virginia Cir | 2BR,1BA | $1.77 |
| 340 E Virginia Cir, Unit 340 | 340 E Virginia Cir | 2BR,1BA | $1.77 |
| U Apartments @ Melrose | 2x1 B1 R | 2BR,1BA | $1.04 |
| 60 at Melrose | 2 bed 2 bath | 2BR,2BA | $1.51 |
| The Hawthorne | The Roosevelt | 1BR,1BA | $1.66 |
| Aura at Midtown | 1x1 780sf Reno | 1BR,1BA | $1.63 |
| Urbana at 11th | Two Bed One Bath | 2BR,1BA | $1.53 |
| Ellis Midtown | 1x1 | 1BR,1BA | $1.71 |
| Mozaic at Steele Park | The Willow | 1BR,1BA | $1.76 |
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
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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, AZ
Ranked #86
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States, 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 convenient access to the outdoors, luxury housing options, family-friendly amenities, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Midtown Apartments
What is a cheap apartment in Midtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown is under $1,230.
What is the price of a cheap apartment in Midtown?
The cheapest apartment in Midtown is Midtown Flats which is listed at $850, while the average apartment in Midtown costs $2,299.
What types of apartments are the cheapest in Midtown?
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 34 regular apartments in Midtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.