Cheap Apartments for Rent in the Midtown Phoenix Neighborhood of Phoenix, AZ from $500 (147 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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1601 Camelback Rd
$689Studio, 1 Bath RentalsAvailable Now

1601 Camelback Rd

Phoenix, AZ 85015
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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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1645 Thomas Rd
$940Studio, 1 Bath RentalsAvailable Now

1645 Thomas Rd

Phoenix, AZ 85016
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1623 W Missouri Ave
$9501 Bedroom, 1 Bath RentalsAvailable Now

1623 W Missouri Ave

Phoenix, AZ 85015
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Midtown 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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4248 N 12th St
$1,1501 Bedroom, 1 Bath RentalsAvailable Now

4248 N 12th St

Phoenix, AZ 85014
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3623 N 5th Ave
$1,1501 Bedroom, 1 Bath RentalsAvailable Now

3623 N 5th Ave

Phoenix, AZ 85013
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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 2025 West Apartment Homes priced from $683. Crosstown Phoenix has the second lowest priced unit, which is a Studio apartment currently listed from $714. Here are the most affordable Midtown Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
2025 West Apartment HomesS1Studio,1BA$683
Crosstown Phoenixe10a - EastStudio,1BA$714
Park LeeOne-Bedroom1BR,1BA$715
SeventhStudio - ClassicStudio,1BA$764
Spectra MidtownS2CStudio,1BA$773
Courtyard at Encanto ApartmentsStudioStudio,1BA$775
Omnia on ThomasCoronadoStudio,1BA$818
The Loreto ApartmentsStudioStudio,1BA$848
Park TerraceStudioStudio,1BA$849
Bethany at MidtownStudioStudio,1BA$849

Best Value Apartments for Rent in Midtown Phoenix, AZ

As of February 18, 2025 the best value apartment in the Midtown Phoenix area is the $1.46 price per square foot 3BR/3.5BA Model at Encanto Townhomes in the in the Encanto neighborhood starting from $2,695. The second greatest value Midtown Phoenix apartment is the 2D Model at The Clayton on Highland starting at $1,900 with a $1.49 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.
Encanto Townhomes3BR/3.5BA3BR,3.5BA$1.46
The Clayton on Highland2D2BR,2.5BA$1.49
Camelback GardensTwo Bedroom 1.5 Bath2BR,1.5BA$1.29
The Parker2 Bedroom2BR,1BA$1.50
Large 2 bedroom units central Phoenix2x1 B1 R2BR,1BA$1.43
60 at Melrose2 bed 2 bath2BR,2BA$1.49
TropicanaA1R1BR,1BA$1.52
Highland TerraceOne Bed/ One Bath1BR,1BA$1.53
TamarackA11BR,1BA$1.44
Park LeeOne-Bedroom1BR,1BA$1.06

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Midtown Phoenix, Phoenix, AZ

Ranked #12

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

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 the Cheapest Studio apartment in Midtown Phoenix?

Currently the most affordable Cheap Studio Apartment in Midtown Phoenix is at 2025 West Apartment Homes listed at $683.

How much is rent for a Cheap One Bedroom Midtown Phoenix Apartment?

The lowest price for a Cheap One Bedroom Midtown Phoenix Apartment is $715 at Park Lee.

What is the lowest price for a Cheap Two Bedroom Midtown Phoenix Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Midtown Phoenix is starting from $854 at Park Lee.

What is the most affordable Midtown Phoenix Three Bedroom Apartment?

The best deal on a cheap Midtown Phoenix Three Bedroom Apartment rental is at Camelback Properties and starts from $1,336.

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.