Cheap Apartments for Rent in the Midtown Neighborhood of Phoenix, AZ from $700 (39 Rentals)

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

property at 3848 N 3rd Ave

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 833 E Turney Ave

833 E Turney Ave

PhoenixAZ85014
property at 3623 N 5th Ave

3623 N 5th Ave

PhoenixAZ85013
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Brick Commons
1 to 2 Bedroom Apartments

Brick Commons

3302 N 7th StPhoenix, AZ 85014

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 Palms
1 to 2 Bedroom Apartments

The Palms

150 E Virginia AvePhoenix, AZ 85004
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Osborn Pointe
1 Bedroom Apartments

Osborn Pointe

3406 N 3rd StPhoenix, AZ 85012
Senior Living
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10th Street
1 to 2 Bedroom Apartments

10th Street

4140 N 10th StPhoenix, AZ 85014
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9 Melrose
1 to 2 Bedroom Apartments

9 Melrose

4127 N 9th AvePhoenix, AZ 85013
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15 Melrose
1 to 2 Bedroom Apartments

15 Melrose

4117 N 15th AvePhoenix, AZ 85015
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45 E Lexington
Studio to 1 Bedroom Apartments

45 E Lexington

45 E Lexington AvePhoenix, AZ 85012
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Duo Apartments
Studio to 1 Bedroom Apartments

Duo Apartments

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

Roanoke Terrace

44 E Roanoke AvePhoenix, AZ 85004
  • Utilities Included

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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Urbana at 11th
1 to 2 Bedroom Apartments

Urbana at 11th

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

Metropolitan

3124 N 7th AvePhoenix, AZ 85013
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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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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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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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Aura at Midtown
1 to 3 Bedroom Apartments

Aura at Midtown

3613-3644 N 5th AvePhoenix, AZ 85013

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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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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MV on 3rd
Studio to 1 Bedroom Apartments

MV on 3rd

302 E Monte VistaPhoenix, AZ 85004
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Fringe Midtown
1 to 2 Bedroom Apartments

Fringe Midtown

948 E Devonshire AvePhoenix, AZ 85014
Student Housing

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 Melrose3130 priced from $890. U Apartments @ Melrose has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here are the most affordable Midtown apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Melrose3130S1 ClassicStudio,1BA$890
U Apartments @ Melrose2x1 B2 R2BR,1BA$899
The DevonshireThe StudioStudio,1BA$899
Midtown FlatsA11BR,1BA$1,099
Fringe City ViewCome make Fringe City View your new home!1BR,1BA$1,115
The HawthorneThe Monroe1BR,1BA$1,140
Urbana at 11thTwo Bed One Bath2BR,1BA$1,150
Ellis Midtown1x11BR,1BA$1,199
Mozaic at Steele ParkThe Willow1BR,1BA$1,225
MAA Central AveS1 0x1 573 SFStudio,1BA$1,253

Best Value Apartments for Rent in Midtown, AZ

As of November 01, 2025 the best value apartment in the Midtown area is the $1.77 price per square foot 340 E Virginia Cir Model at 340 E Virginia Cir, Unit 340 in the in the South Phoenix neighborhood starting from $1,850. The second greatest value Midtown apartment is the 340 E Virginia Cir Model at 340 E Virginia Cir, Unit 340 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.
340 E Virginia Cir, Unit 340340 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
The HawthorneThe Roosevelt1BR,1BA$1.65
The Wexler Apartments2X1 A Reno2BR,1BA$1.91
Urbana at 11thTwo Bed One Bath2BR,1BA$1.53
Aura at Midtown1x1 714sf Reno1BR,1BA$1.79
Ellis Midtown1x11BR,1BA$1.71
Mozaic at Steele ParkThe Willow1BR,1BA$1.90
The Devonshire1 Bed / 1 Bath1BR,1BA$1.67

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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

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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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 #82

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 $1,253.

What is the price of a cheap apartment in Midtown?

The cheapest apartment in Midtown is The Devonshire which is listed at $999, while the average apartment in Midtown costs $2,296.

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 47 regular apartments in Midtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.