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Cheap Apartments for Rent by Owner in Phoenix, AZ from $500 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Phoenix.
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1618 W Gardenia Dr, Unit 2
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2957 E Atlanta Ave, Unit 3-Atlanta Ave
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18202 N Cave Creek Rd, Unit Cave Creek Rd. #226
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1920 W Mulberry Dr, Unit 2
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
Phoenix, AZ Local Guide
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How much does it cost to rent an apartment in Phoenix?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Phoenix Studio Apartments | $1,450 | $668 | $6,649 |
Phoenix 1 Bedroom Apartments | $1,684 | $669 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,091 | $799 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,539 | $840 | $10,000+ |
Phoenix 4 Bedroom Apartments | $1,730 | $650 | $10,000+ |
Phoenix 5 Bedroom Apartments | $1,820 | $999 | $2,995 |
Explore Phoenix
Phoenix, AZ Local Guide
- Phoenix Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Getting Around Phoenix, AZ
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
40 / 100
Some Transit
A few 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 Phoenix Apartments
What is the Cheapest Studio apartment in Phoenix?
Currently the most affordable Cheap Studio Apartment in Phoenix is at LUMINA ON 19th APARTMENTS listed at $638.
How much is rent for a Cheap One Bedroom Phoenix Apartment?
The lowest price for a Cheap One Bedroom Phoenix Apartment is $530 at McCarty on Monroe.
What is the lowest price for a Cheap Two Bedroom Phoenix Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Phoenix is starting from $854 at Park Lee.
What is the most affordable Phoenix Three Bedroom Apartment?
The best deal on a cheap Phoenix Three Bedroom Apartment rental is at Legacy Crossing I & II and starts from $941.
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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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.
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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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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.