Cheap Apartments for Rent in the Midtown Phoenix Neighborhood of Phoenix, AZ from $500 (150 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown Phoenix area of Phoenix.

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property at 3623 N 5th Ave

3623 N 5th Ave

PhoenixAZ85013
Showing Results 1-50, Page 1 of 3

Midtown Phoenix, Phoenix, AZ Local Guide

Cheapest Available Midtown Phoenix Apartments for Rent

 

The cheapest available apartment rental in the Midtown Phoenix area of Phoenix, AZ is a Studio unit found at Crosstown Phoenix priced from $693. Park Lee has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here are the most affordable Midtown Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Crosstown Phoenixe10a - WestStudio,1BA$693
Park LeeOne-Bedroom1BR,1BA$715
2025 West Apartment HomesS1Studio,1BA$727
SeventhStudio - ClassicStudio,1BA$762
Spectra MidtownS2CStudio,1BA$773
Omnia on ThomasCoronadoStudio,1BA$794
Palisade Park Aparments1x11BR,1BA$839
Park TerraceStudioStudio,1BA$849
Courtyard at Encanto ApartmentsStudioStudio,1BA$850
Collins off Colter*S15Studio,1BA$850

Best Value Apartments for Rent in Midtown Phoenix, AZ

As of April 28, 2025 the best value apartment in the Midtown Phoenix area is the $1.10 price per square foot Two Bedroom 1.5 Bath Model at Camelback Gardens in the in the Downtown Phoenix neighborhood starting from $1,350. The second greatest value Midtown Phoenix apartment is the 2x2 Model at The Icon on Central starting at $1,395 with a $1.43 price per square foot in the Encanto neighborhood. Here is today’s list of the best values for Midtown Phoenix apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Camelback GardensTwo Bedroom 1.5 Bath2BR,1.5BA$1.10
The Icon on Central2x22BR,2BA$1.43
Large 2 bedroom units central Phoenix2x1 B1 R2BR,1BA$1.43
Missouri CrossingSouthern Pacific2BR,1BA$1.48
Colter ApartmentsTwo Bedroom2BR,1BA$1.41
Aspire Camelback2 Beds, 1 bath2BR,1BA$1.35
Aura at Midtown1x1 Plan1BR,1BA$1.49
TropicanaA11BR,1BA$1.40
The Shorewood3601 N 5th Ave - 2081BR,1BA$1.18
Park LeeOne-Bedroom1BR,1BA$1.06

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Pet Friendly Lifestyle
Midtown Phoenix, Phoenix, AZ

Ranked #15

Among neighborhoods in Phoenix, AZ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Midtown Phoenix, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Arizona, including Phoenix. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Midtown Phoenix Neighborhood in Phoenix, AZ

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Midtown Phoenix Apartments

What is a cheap apartment in Midtown Phoenix?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Phoenix is under $850.

What is the price of a cheap apartment in Midtown Phoenix?

The cheapest apartment in Midtown Phoenix is Park Lee which is listed at $715, while the average apartment in Midtown Phoenix costs $3,000.

What types of apartments are the cheapest in Midtown 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 90 regular apartments in Midtown 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 Midtown Phoenix?

Cheap apartments in Midtown Phoenix have an average cost of $182 which is $2,818 cheaper than the average rent for all rentals in Midtown 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.

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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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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.