
Cheap Apartments for Rent with Specials in Phoenix, AZ from $500 (504 Rentals)Page 5 of 11
Apartments in Phoenix with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.
Search the lowest-cost Apartments available for rent right now in Phoenix.


Palm Court Apartments

Village at Liberty Farms

Agave Court

Blume on Central

Parc South Mountain

Cirq 44

Somo Lofts

Alta 99th

Curve at Melrose

Marquis Sonoran Preserve

Spire Deer Valley

Skye on 6th

Arioso City Lofts

Seven (AZ)

Papago Park Apartments

Madison at North Mountain

Alloy Midtown

Union at Roosevelt

The McKinley

Harwood

Saiya

The Riley

View 32 Apartments

Northern Edge Apartments

Ironwood at Happy Valley

AVE Phoenix Terra

Muse Apartments

Cortland Red Mountain

Citi on Camelback

Halogen

Esteban Park

The Crofton

Lydian

IMT Desert Ridge

Mountainside

Ascent North Scottsdale

Acero North Valley

Broadstone Portland

Palazzo Townhomes

Sun Terrace Apartments

Vesta on 12th

Meritum Sheely Farms

Arts District

The Lex

Desert Club

Partenza on Highland

The Common

Broadstone 7th Street
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 | $1,456 | $623 | $6,649 |
Phoenix 1 Bedroom Apartments | $1,693 | $669 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,091 | $849 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,560 | $840 | $10,000+ |
Phoenix 4 Bedroom Apartments | $1,753 | $650 | $10,000+ |
Phoenix 5 Bedroom Apartments | $1,627 | $999 | $2,995 |
Explore Phoenix
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 $2,516.
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 235,961 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 $385 which is $2,131 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.