Top Rated Cheap Apartments for Rent in Phoenix, AZ from $500 (353 Rentals)Page 4 of 8

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Apartments in Phoenix with the best features, newest construction, and richest amenities.

Search the lowest-cost Apartments available for rent right now in Phoenix.

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Banyan on Washington
1 to 2 Bedroom Apartments

Banyan on Washington

5353 E Washington StPhoenix, AZ 85034
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  • Utilities Included
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The Logan at Osborn
Studio to 2 Bedroom Apartments

The Logan at Osborn

240 W Osborn RdPhoenix, AZ 85013
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200 E Thomas Rd
1 to 3 Bedroom Apartments

200 E Thomas Rd

200 E Thomas RdPhoenix, AZ 85012
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View 32 Apartments
Studio to 1 Bedroom Apartments

View 32 Apartments

10801 N 32nd StPhoenix, AZ 85028
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San Pedregal
1 to 3 Bedroom Apartments

San Pedregal

16601 N 12th StPhoenix, AZ 85022
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Skyline Lofts
Studio to 2 Bedroom Apartments

Skyline Lofts

600 N 4th StPhoenix, AZ 85004
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Domus
1 Bedroom Apartments

Domus

4445 N 36TH StPhoenix, AZ 85018
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San Paseo
1 to 3 Bedroom Apartments

San Paseo

8050 S POINTE Pky WPhoenix, AZ 85044
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ArLo
Studio to 2 Bedroom Apartments

ArLo

2121 N 44th StPhoenix, AZ 85008
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Deer Valley Regency
2 Bedroom Apartments

Deer Valley Regency

21220 N 23rd AvePhoenix, AZ 85027
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San Norterra
1 to 3 Bedroom Apartments

San Norterra

28515 N NORTH VALLEY PkyPhoenix, AZ 85085
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Del Mar Apartments
2 to 3 Bedroom Apartments

Del Mar Apartments

8550 W McDowell RdPhoenix, AZ 85037
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Baseline on 16
1 to 3 Bedroom Apartments

Baseline on 16

7450 S 16th StPhoenix, AZ 85042
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Altitude Sixteen 75
1 to 2 Bedroom Apartments

Altitude Sixteen 75

1675 E Morten AvePhoenix, AZ 85020
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Liv Ahwatukee
1 to 3 Bedroom Apartments

Liv Ahwatukee

16025 S 50th StPhoenix, AZ 85048
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Cityscape Residences
Studio to 2 Bedroom Apartments

Cityscape Residences

11 S Central AvePhoenix, AZ 85004
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3236 E Chandler Blvd
2 Bedroom Apartments

3236 E Chandler Blvd

3236 E Chandler BlvdPhoenix, AZ 85048
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Joy on 4th
1 to 2 Bedroom Apartments

Joy on 4th

700 N 4th StPhoenix, AZ 85004
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Containers on Grand
1 Bedroom Apartments

Containers on Grand

1128 Grand AvePhoenix, AZ 85007
Property Rating

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

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 $710.

What is the price of a cheap apartment in Phoenix?

The cheapest apartment in Phoenix is McCarty on Monroe which is listed at $647, while the average apartment in Phoenix costs $3,130.

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 11,101 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 $334 which is $2,796 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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.