
Apartments for Rent in the Downtown Phoenix Neighborhood of Phoenix, AZ Under $700 (21 Rentals)


Vista Village on Van Buren

The Venue on Camelback Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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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!
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 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 | $1,380 | $634 | $3,773 |
Downtown Phoenix 1 Bedroom Apartments | $1,697 | $670 | $5,500 |
Downtown Phoenix 2 Bedroom Apartments | $2,340 | $849 | $10,000+ |
Downtown Phoenix 3 Bedroom Apartments | $2,712 | $899 | $10,000+ |
Downtown Phoenix 4 Bedroom Apartments | $1,799 | $849 | $9,300 |
Browse Apartments in this Neighborhood
There are currently 21 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
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 Downtown Phoenix
How much are Studio apartments in Downtown Phoenix?
There are currently 299 Studio Apartments in Downtown Phoenix with rent ranges from $634 to $3,773 with an average price of $1,380.
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 $670 to $5,500 with an average monthly rent of $1,697.
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 $16,199. Today's average rental price for Two Bedrooms here is $2,340.
How expensive are Downtown Phoenix Three Bedroom Apartments?
There are currently 276 Three Bedroom Apartments listings available in Downtown Phoenix on ApartmentHomeLiving.com. The pricing ranges from $899 to $14,995 - averaging $2,712 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).

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