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Cheap Apartments for Rent by Owner in Phoenix, AZ from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Phoenix.
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from $1,2001 Bedroom Apartment Available Now
4313 N 19th Ave, Unit 108
4313 N 19th AvePhoenix, AZ 85015
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from $1,250Studio Apartment Available Now
1618 W Gardenia Dr, Unit 2
1618 W Gardenia DrPhoenix, AZ 85021
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from $1,2951 Bedroom Apartment Available Now
6210 N 12th Pl, Unit one bedroom
6210 N 12th PlPhoenix, AZ 85014
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from $1,4951 Bedroom Apartment Available Mar 24
722 W Moreland St, Unit 722
722 W Moreland StPhoenix, AZ 85007
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from $1,5002 Bedroom Apartment Available Now
2845 E Redwood Ln, Unit Downstairs of split level
2845 E Redwood LnPhoenix, AZ 85048
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from $1,5001 Bedroom Apartment Available Apr 1
2630 W Lane Ave, Unit A
2630 W Lane AvePhoenix, AZ 85051
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from $1,5502 Bedroom Apartment Available Now
1801 N 7th Ave, Unit Apartment for rent
1801 N 7th AvePhoenix, AZ 85007
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from $1,6003 Bedroom Apartment Available Now
18202 N Cave Creek Rd, Unit Cave Creek Rd. #226
18202 N Cave Creek RdPhoenix, AZ 85032
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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from $1,250Studio Apartment Available Now
16002 N 49th Ave, Unit Quaint boho studio
16002 N 49th AveGlendale, AZ 85306
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from $1,7002 Bedroom Apartment Available Apr 15
1211 N. Miller Road, Unit 260
1211 N. Miller RoadScottsdale, AZ 85257
Showing Results 1-14, Page 1 of 1
Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phoenix Studio Apartments | $1,450 | $629 | $6,649 |
| Phoenix 1 Bedroom Apartments | $1,688 | $669 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $2,088 | $849 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,551 | $840 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $1,666 | $650 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $1,627 | $999 | $2,995 |
Explore Phoenix
Phoenix, AZ Local Guide
- Phoenix Neighborhoods
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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.
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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 a cheap apartment in Phoenix?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Phoenix is under $703.
What is the price of a cheap apartment in Phoenix?
The cheapest apartment in Phoenix is McCarty on Monroe which is listed at $530, while the average apartment in Phoenix costs $2,498.
What types of apartments are the cheapest in 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 216,789 regular apartments in 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 Phoenix?
Cheap apartments in Phoenix have an average cost of $383 which is $2,115 cheaper than the average rent for all rentals in 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.
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).
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.
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.
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.