
Cheap Short Term Lease Apartments for Rent in Phoenix, AZ from $500 (541 Rentals)Page 4 of 11
Rental terms in Phoenix as short as a month! Perfect when you can't commit to a full year of renting.
Search the lowest-cost Apartments available for rent right now in Phoenix.


Stonebridge

The Cove Apartments

Ventura Vista

Estilo

Avana at the Pointe

Portola South Mountain

Haven at Midtown

Sierra Foothills

Red Hawk

Villas De Azul

Cortina

Boulders at Lookout Mountain Apartment Homes

Mandarina Apartments

Rockledge Fairways

Portrait at Hance Park

Palms at South Mountain

Bask Deer Valley

Circa Central Avenue

Mountainside

WaterWalk Phoenix – North Happy Valley

The Stewart

Alanza Place

San Riva At The Foothills

Greenspoint at Paradise Valley

Vida46

Vista Sureno

Las Colinas At Black Canyon

Cirq 44

Red Rox Villas

Esteban Park

Arts District

Sage Apartments

The Station on Central

Palms Luxury Apartments

Enclave at Paradise Valley

Acero at Algodon Center

AVE Phoenix Sky

Crestone at Shadow Mountain

Allegro Apartments

The Crofton

Connect on Missouri Apartments
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 | $1,436 | $608 | $6,649 |
Phoenix 1 Bedroom Apartments | $1,689 | $669 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,083 | $849 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,522 | $840 | $10,000+ |
Phoenix 4 Bedroom Apartments | $1,738 | $650 | $10,000+ |
Phoenix 5 Bedroom Apartments | $3,370 | $999 | $10,000+ |
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 $700.
What is the price of a cheap apartment in Phoenix?
The cheapest apartment in Phoenix is McCarty on Monroe which is listed at $634, while the average apartment in Phoenix costs $2,795.
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 10,758 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 $373 which is $2,422 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).

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.