Cheap Apartments for Rent in the Midtown Neighborhood of Phoenix, AZ from $700 (40 Rentals)

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

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Melrose3130
Rent Specials
$890 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$690 - $1,000
Required Monthly Fees
$200

Total Monthly Price
$890 - $1,200
Studio Apartments Available Now

Melrose3130

3130 N 7th AvePhoenix, AZ 85013
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Ellis Midtown
Rent Specials
$956 - $1,299
Total Monthly Price

Total Monthly Price

Base Rent
$401 - $744
Required Monthly Fees
$555

Total Monthly Price
$956 - $1,299
Studio to 1 Bedroom Apartments Available Now

Ellis Midtown

3117 N 7th AvePhoenix, AZ 85013
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 3615 N 15th Ave

$995 - $1,199

Studio To 2 Bedroom Rentals

Available Now

3615 N 15th Ave

PhoenixAZ85015
property at 3848 N 3rd Ave

$999 - $1,895

1 To 2 Bedroom Rentals

Available Now

3848 N 3rd Ave

PhoenixAZ85013

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 3601 N 15th Ave

$1,095 - $1,299

2 Bedroom Rentals

Available Now

3601 N 15th Ave

PhoenixAZ85013
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The Station on Central
$1,242 - $4,346
Total Monthly Price

Total Monthly Price

Base Rent
$1,236 - $4,340
Required Monthly Fees
$6

Total Monthly Price
$1,242 - $4,346
1 to 3 Bedroom Apartments Available Now

The Station on Central

4140 N Central AvePhoenix, AZ 85012
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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3302 N 7TH St
1 to 2 Bedroom Apartments

3302 N 7TH St

3302 N 7TH StPhoenix, AZ 85014
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The Palms
1 to 2 Bedroom Apartments

The Palms

150 E Virginia AvePhoenix, AZ 85004
  • Utilities Included
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Midtown Flats
1 to 3 Bedroom Apartments

Midtown Flats

825 W Osborn RdPhoenix, AZ 85013
Student Housing
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Osborn Pointe
1 Bedroom Apartments

Osborn Pointe

3406 N 3rd StPhoenix, AZ 85012
Senior Living
  • Utilities Included
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The Devonshire
Studio to 2 Bedroom Apartments

The Devonshire

4214 N 10th StPhoenix, AZ 85014
  • Utilities Included
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10th Street
1 to 2 Bedroom Apartments

10th Street

4140 N 10th StPhoenix, AZ 85014

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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9 Melrose
1 to 2 Bedroom Apartments

9 Melrose

4127 N 9th AvePhoenix, AZ 85013
  • Utilities Included
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45 E Lexington
Studio to 1 Bedroom Apartments

45 E Lexington

45 E Lexington AvePhoenix, AZ 85012
  • Utilities Included
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15 Melrose
1 to 2 Bedroom Apartments

15 Melrose

4117 N 15th AvePhoenix, AZ 85015
  • Utilities Included
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Duo Apartments
Studio to 1 Bedroom Apartments

Duo Apartments

1116 W Indian School RdPhoenix, AZ 85013
  • Utilities Included
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Roanoke Terrace
Studio to 2 Bedroom Apartments

Roanoke Terrace

44 E Roanoke AvePhoenix, AZ 85004
  • Utilities Included
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Urbana at 11th
1 to 2 Bedroom Apartments

Urbana at 11th

4119 N 11th AvePhoenix, AZ 85013
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Metropolitan
Studio to 1 Bedroom Apartments

Metropolitan

3124 N 7th AvePhoenix, AZ 85013
  • Utilities Included

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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Fringe City View
1 to 2 Bedroom Apartments

Fringe City View

67 E Roanoke AvePhoenix, AZ 85004
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Aura at Midtown
Studio to 3 Bedroom Apartments

Aura at Midtown

3613-3644 N 5th AvePhoenix, AZ 85013
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411 E Indian School Rd
1 to 3 Bedroom Apartments

411 E Indian School Rd

411 E Indian School RdPhoenix, AZ 85012
Student Housing
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208 E Virginia Ave
1 to 2 Bedroom Apartments

208 E Virginia Ave

208 E Virginia AvePhoenix, AZ 85004
  • Utilities Included
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3848 N 3rd Ave
Studio to 3 Bedroom Apartments

3848 N 3rd Ave

3848 N 3rd AvePhoenix, AZ 85013
Student Housing
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Fringe Midtown
1 to 2 Bedroom Apartments

Fringe Midtown

948 E Devonshire AvePhoenix, AZ 85014
Student Housing

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, AZ Local Guide

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 ListingModel NameBed/BathPriced From
The Wexler Apartments0x1 A RenoStudio,1BA$799
Midtown FlatsA11BR,1BA$850
U Apartments @ Melrose2x1 B2 R2BR,1BA$899
Melrose3130S1 RenovatedStudio,1BA$900
The Phoenix Apartments on 6th AvenueStudioStudio,1BA$1,055
Mozaic at Steele ParkThe Willow1BR,1BA$1,145
Urbana at 11thTwo Bed One Bath2BR,1BA$1,150
Ellis Midtown1x11BR,1BA$1,199
The HawthorneThe Monroe1BR,1BA$1,215
Blume on CentralS1Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Station on CentralB12BR,2BA$1.83
344 E Virginia Cir, Unit 344 E Virginia Circle344 E Virginia Cir2BR,1BA$1.77
340 E Virginia Cir, Unit 340340 E Virginia Cir2BR,1BA$1.77
U Apartments @ Melrose2x1 B1 R2BR,1BA$1.04
60 at Melrose2 bed 2 bath2BR,2BA$1.51
The HawthorneThe Roosevelt1BR,1BA$1.66
Aura at Midtown1x1 780sf Reno1BR,1BA$1.63
Urbana at 11thTwo Bed One Bath2BR,1BA$1.53
Ellis Midtown1x11BR,1BA$1.71
Mozaic at Steele ParkThe Willow1BR,1BA$1.76

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

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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, AZ

Ranked #86

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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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.