
Cheap Apartments for Rent in the Midtown Neighborhood of Phoenix, AZ from $700 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown area of Phoenix.


U Apartments @ Melrose

The Devonshire

The Phoenix Apartments on 6th Avenue

3848 N 3rd Ave

411 E Indian School Rd
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Callia

833 E Turney Ave

MAA Central Ave

60 at Melrose

3623 N 5th Ave

Curve at Melrose

1023 E Amelia Ave

1526 W Mulberry Dr
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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 | $1,302 | $800 | $2,403 |
| Midtown 1 Bedroom Apartments | $1,680 | $999 | $3,495 |
| Midtown 2 Bedroom Apartments | $2,085 | $899 | $6,999 |
| Midtown 3 Bedroom Apartments | $2,187 | $1,650 | $3,242 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 1 mile radius of the Midtown Neighborhood of Phoenix, AZ.
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Midtown, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Melrose3130 | S1 Classic | Studio,1BA | $890 |
| U Apartments @ Melrose | 2x1 B2 R | 2BR,1BA | $899 |
| The Devonshire | The Studio | Studio,1BA | $899 |
| Midtown Flats | A1 | 1BR,1BA | $1,099 |
| Fringe City View | Come make Fringe City View your new home! | 1BR,1BA | $1,115 |
| The Hawthorne | The Monroe | 1BR,1BA | $1,140 |
| Urbana at 11th | Two Bed One Bath | 2BR,1BA | $1,150 |
| Ellis Midtown | 1x1 | 1BR,1BA | $1,199 |
| Mozaic at Steele Park | The Willow | 1BR,1BA | $1,225 |
| MAA Central Ave | S1 0x1 573 SF | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 340 E Virginia Cir, Unit 340 | 340 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 |
| The Hawthorne | The Roosevelt | 1BR,1BA | $1.65 |
| The Wexler Apartments | 2X1 A Reno | 2BR,1BA | $1.91 |
| Urbana at 11th | Two Bed One Bath | 2BR,1BA | $1.53 |
| Aura at Midtown | 1x1 714sf Reno | 1BR,1BA | $1.79 |
| Ellis Midtown | 1x1 | 1BR,1BA | $1.71 |
| Mozaic at Steele Park | The Willow | 1BR,1BA | $1.90 |
| The Devonshire | 1 Bed / 1 Bath | 1BR,1BA | $1.67 |
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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 #82
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 $1,253.
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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