Cheap Homes for Rent in Downtown Phoenix Neighborhood of Phoenix, AZ from $800 (107 Rentals)

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

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4401 N 12th St
$9001 Bedroom, 1 Bath RentalsAvailable Now

4401 N 12th St

Phoenix, AZ 85014
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3619 E Monterosa St
$9501 Bedroom, 1 Bath RentalsAvailable Now

3619 E Monterosa St

Phoenix, AZ 85018
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Phoenix's Best Affordable Neighborhoods

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

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5312 E Taylor St
$1,0251 Bedroom, 1 Bath Condo for RentAvailable Now

5312 E Taylor St

Phoenix, AZ 85008
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4301 N 24th St
$1,095Studio, 1 Bath Condo for RentAvailable Now

4301 N 24th St

Phoenix, AZ 85016
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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!

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2032 W Adams St
$1,1502 Bedroom, 1 Bath RentalsAvailable Now

2032 W Adams St

Phoenix, AZ 85009
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411 E Indian School Rd
$1,2501 Bedroom, 1 Bath Condo for RentAvailable Now

411 E Indian School Rd

Phoenix, AZ 85012
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4224 N 12th St
$1,250Studio, 1 Bath Condo for RentAvailable Now

4224 N 12th St, Unit 210

4224 N 12th St
Phoenix, AZ 85014
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3038 N 38th St
$1,3001 Bedroom, 1 Bath Condo for RentAvailable Now

3038 N 38th St, Unit 4

3038 N 38th St
Phoenix, AZ 85018
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5525 E Thomas Rd
$1,3001 Bedroom, 1 Bath RentalsAvailable Now

5525 E Thomas Rd

Phoenix, AZ 85018
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411 E Indian School Rd
$1,3751 Bedroom, 1 Bath Condo for RentAvailable Now

411 E Indian School Rd

Phoenix, AZ 85012
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5040 N 18th Ave
$1,3952 Bedroom, 1 Bath RentalsAvailable Now

5040 N 18th Ave

Phoenix, AZ 85015
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Downtown Phoenix, Phoenix, AZ Local Guide

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.

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Frequently Asked Questions about Downtown Phoenix

What type of rentals are currently available in Downtown Phoenix?

There are currently 1884 Apartments for Rent in Downtown Phoenix, AZ with pricing that ranges from $679 to $14,995. There are also 365 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Phoenix ranging from $885 to $30,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Phoenix ranges from $885 to $30,000 with an average monthly rent of $8,157.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Phoenix range from $1,100 to $14,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $29,000. Four Bedroom Single-Family rentals are also available starting from $1,849 and Four Bedroom Apartments start at $1,775.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.