Cheap Homes for Rent in Downtown Peoria Neighborhood of Phoenix, AZ from $1,300 (6 Rentals)

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

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Downtown Peoria, Phoenix, AZ Local Guide

Cheapest Available Downtown Peoria Apartments for Rent

 

The cheapest available apartment rental in the Downtown Peoria area of Phoenix, AZ is a 1 Bed unit found at Artisan Park priced from $980. Country Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Downtown Peoria apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Artisan ParkA11BR,1BA$980
Country Village1 Bedroom Remodel1BR,1BA$1,000
MoxiAcacia1BR,1BA$1,235

Best Value Apartments for Rent in Downtown Peoria, AZ

As of April 15, 2025 the best value apartment in the Downtown Peoria area is the $1.67 price per square foot 3 Bed - 2 Bath Model at Parc Roundtree Ranch in the in the The Preserve at Cibola Vista neighborhood starting from $2,074. The second greatest value Downtown Peoria apartment is the 2x1A Model at Peoria Grand Apartments starting at $1,350 with a $1.56 price per square foot in the The Preserve at Cibola Vista neighborhood. Here is today’s list of the best values for Downtown Peoria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parc Roundtree Ranch3 Bed - 2 Bath3BR,2BA$1.67
Peoria Grand Apartments2x1A2BR,1BA$1.56
Napa Place Apartments2x2L2BR,2BA$1.60
Prose Desert RiverA1BR,1BA$1.78
The Tallows at PeoriaB1 Reno with Patio2BR,1BA$1.73
Desert Harbor Apartment Homes1 Bedroom x 1 Bath A1BR,1BA$1.73
The Barton ApartmentsOne Bed, One Bath1BR,1BA$1.83
MoxiJuniper1BR,1BA$1.83
Country Village1 Bedroom Remodel1BR,1BA$1.67
Artisan ParkA11BR,1BA$1.63

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Frequently Asked Questions about Downtown Peoria

What type of rentals are currently available in Downtown Peoria?

There are currently 26 Apartments for Rent in Downtown Peoria, AZ with pricing that ranges from $980 to $4,896. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Peoria ranging from $1,367 to $2,500.

What is the current price range for Rental Homes in Downtown Peoria?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Peoria ranges from $1,367 to $2,500 with an average monthly rent of $1,962.

How much are larger Three and Four Bedroom Rentals in Downtown Peoria?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Peoria range from $1,920 to $4,896, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,740 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,260 and Four Bedroom Apartments start at $2,340.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.