Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ Under $1,200 (313 Rentals)

Kenect Phoenix

Preston at Biltmore

Amara Apartments

VB on 12th

Derby PHX

Urbana on 12th

Escondido Apartments

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

The Landry on McDowell

Monterey Village

Vertu

44 Monroe

Echelon Apartments

ReNew Biltmore

La Cima Apartments

Tides on Osborn

Arcadia Villa Apartments
Downtown 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!

The Palmer

Capri on Camelback

Monterra

Urban Walk Apartments

Valencia Park

The Loreto Apartments

The Urban

Summit on Thomas

Arcadia Walk

Crosstown Phoenix

Imperial

Portola at Papago

The Icon on Central

Papago Crossing

Ellis Midtown

Collins off Colter*

Prados Apartments at Arcadia

Spectra Midtown

2025 West Apartment Homes

Arcadia Gardens

Kinley at Biltmore

Ava Park

Sunrise in Biltmore

The Wexler Apartments

Aspire Apartment Homes

Courtyard at Encanto Apartments

Camelback Cove Apartments

60 at Melrose

Rancho Montanas Senior Apartments
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 | $1,425 | $681 | $3,237 |
Downtown Phoenix 1 Bedroom Apartments | $1,717 | $715 | $4,570 |
Downtown Phoenix 2 Bedroom Apartments | $2,176 | $849 | $10,000+ |
Downtown Phoenix 3 Bedroom Apartments | $2,834 | $1,336 | $10,000+ |
Downtown Phoenix 4 Bedroom Apartments | $2,061 | $1,775 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 313 rentals with your search options within a 2 mile radius of the Downtown Phoenix Neighborhood of Phoenix, AZ.
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Downtown Phoenix, Phoenix, AZ Local Guide
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Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Phoenix
How much are Studio apartments in Downtown Phoenix?
There are currently 292 Studio Apartments in Downtown Phoenix with rent ranges from $681 to $3,237 with an average price of $1,425.
What is the current price range for One Bedroom Downtown Phoenix Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Phoenix ranges from $715 to $4,570 with an average monthly rent of $1,717.
What does renting a Two Bedroom Apartment in Downtown Phoenix cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Phoenix range from $849 to $14,220. Today's average rental price for Two Bedrooms here is $2,176.
How expensive are Downtown Phoenix Three Bedroom Apartments?
There are currently 273 Three Bedroom Apartments listings available in Downtown Phoenix on ApartmentHomeLiving.com. The pricing ranges from $1,336 to $14,995 - averaging $2,834 for the location.
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).

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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.