
Cheap Apartments for Rent in Phoenix, AZ from $500 (1,767 Rentals)Page 5 of 36
Search the lowest-cost Apartments available for rent right now in Phoenix.


Las Ventanas Apartments

GC 3734 Apartments

44 Monroe

2621 E Greenway Rd

Villas De Azul

North Mountain Foothills

Windsprings Apartments

Madison Grove

Ironwood Apartments

Northerly

Avalon Hills

Duo Apartments

Pine Terrace

2604 W Pierson St

Parq on 50th Apartments

Paradise Palms II

Ascent 1829

4337 N 53rd Ln

Tides on Osborn

Boulder Creek Apartments

The Halifax Apartments

Paradise Foothills Apartment Homes

Echelon Apartments

Raystone Apartments

Latitude Apartment Homes and Casitas

1944 W Thunderbird Rd

The Continental

1105 E Butler Dr

Park Greenvale

Thunderbird Terrace

SunPointe Apartments

Elara at Paradise Valley

Phoenix Manor

The Landry on McDowell

Element Deer Valley

Solei on West Thomas

1833 E Harvard St

San Marina Apartments

Urbana on 12th

ReNue Downtown Apartments

Garden Terrace Apartments

16821 N 26th St

4301 N 24th St

2532 W Morten Ave

3425 N 24th Ln
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 $3,147.
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 9,868 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 $341 which is $2,806 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.