Cheap 1 Bedroom Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ from $670 (369 Rentals)

Crosstown Phoenix

The Venue on Camelback Apartments

The Resort on 27th

The Palmer

Vista Village on Van Buren

2025 West Apartment Homes
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

2122 W Amelia Ave

Amara Apartments

Spectra Midtown

Papago Gardens Apartments

Cactus Canyon

2237 E Taylor St

2238 E Polk St

Senara Apartments

1625 W Missouri Ave
Downtown Phoenix - One of the Best Affordable Neighborhoods in Phoenix
Named as one of the Best Affordable Areas to rent in Phoenix by our Phoenix, AZ Local Expert Andrew Jollett. See how it ranks!

Ava Park

Urban Walk Apartments

1645 E Thomas Rd

Papago Vista

Collins off Colter*

The Onyx Apartments

Portola at Papago

Park Terrace

1036 N 16th St
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Ambassador West Apartments

The Loreto Apartments

Courtyard at Encanto Apartments

The Palms

1631 E Yale St

Kinley at Biltmore

Terra Villa Apartments

4444 N 7th Ave

1832 E Harvard St

1214 W Roosevelt St

32 Arcadia

Carole Arms

322 N 17th Dr

5525 E Thomas Rd

Camelback Cove Apartments

Capri on Camelback
Downtown Phoenix, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Downtown Phoenix?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Phoenix Studio Apartments | $1,383 | $592 | $3,676 |
Downtown Phoenix 1 Bedroom Apartments | $1,711 | $670 | $5,500 |
Downtown Phoenix 2 Bedroom Apartments | $2,358 | $799 | $10,000+ |
Downtown Phoenix 3 Bedroom Apartments | $2,797 | $925 | $10,000+ |
Downtown Phoenix 4 Bedroom Apartments | $1,557 | $875 | $6,000 |
Explore Phoenix
Downtown Phoenix, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
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Quick 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.
Frequently Asked Questions about Cheap Downtown Phoenix Apartments
What is a cheap apartment in Downtown Phoenix?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Phoenix is under $794.
What is the price of a cheap apartment in Downtown Phoenix?
The cheapest apartment in Downtown Phoenix is Marquee which is listed at $670, while the average apartment in Downtown Phoenix costs $2,336.
What types of apartments are the cheapest in Downtown Phoenix?
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 212 regular apartments in Downtown Phoenix that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Phoenix?
Cheap apartments in Downtown Phoenix have an average cost of $143 which is $2,193 cheaper than the average rent for all rentals in Downtown Phoenix.
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.

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).

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.