Cheap Apartments for Rent in Phoenix, AZ from $500 (1,702 Rentals)Page 12 of 35
Search the lowest-cost Apartments available for rent right now in Phoenix.

Harwood

San Paulo

The Riley

11666 N 28th Dr

1308 E Vista Ave

Orinoco Apartments

MODERN UPTOWN APARTMENTS

Arcadia 30

3993 N 3rd Ave

The Governor

26800 N 27th Ave

AVE Phoenix Terra

Shade at Desert Ridge

Acero at Algodon Center

Halogen

The Heritage Apartment Homes

13440 N 44th St

8125 N 33rd Dr

Lydian

12222 N Paradise Village Pkwy W

817 N 6th St

Village at Liberty Farms

Broadstone Desert Sky

Crestone at Shadow Mountain

Palazzo Townhomes

The Place at Sonoran Trails

Cortland Red Mountain

Skye on 6th

Serafina at South Mountain

The Battery

Caya Apartment Homes

Meritum Sheely Farms

Solara Vista

3502 E Cambridge Ave

4604 E Broadway Rd

1441 E Cheryl Dr

3242 E Camelback Rd

Audere Apartments

Seven (AZ)

La Esplanada Apartment Homes

The Rey Downtown

2540 N 17th Way

2845 E Redwood Ln, Unit Downstairs of split level

8202 N 21st Dr
Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Phoenix?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Phoenix Studio Apartments | $1,420 | $628 | $5,204 |
Cheap Phoenix 1 Bedroom Apartments | $1,680 | $669 | $10,000+ |
Cheap Phoenix 2 Bedroom Apartments | $2,099 | $799 | $10,000+ |
Cheap Phoenix 3 Bedroom Apartments | $2,465 | $840 | $10,000+ |
Cheap Phoenix 4 Bedroom Apartments | $2,027 | $650 | $10,000+ |
Phoenix 5 Bedroom Apartments | $3,607 | $999 | $10,000+ |
Browse Top Apartments in Phoenix
See all Apartments in PhoenixExplore 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 $709.
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 $3,136.
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 10,830 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 $354 which is $2,782 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).

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.

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.