
Apartments for Rent in Phoenix, AZ Under $1,500 (1,478 Rentals)


The Palmer

Senara Apartments

Alloy Midtown

X Phoenix

MAA Central Ave

AVE Phoenix Sky

Kenect Phoenix

Preston at Biltmore

Heritage Deer Valley
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Cortland at Raven

4127 Arcadia

North Mountain Village

Sage Apartments

Allegro Apartments

Marquis Sonoran Preserve

Bask Deer Valley

La Serena at Toscana

Tides on 71st

Parc South Mountain

Tides on McDowell

Desert Lakes Apartments

Tides on East Cactus

The Maeve Central Station

Halogen

Meritum Sheely Farms

The Governor

The Riley

The Crofton

Kalon

Callia

Skye on 6th

Lydian

Acero at Algodon Center

Ironwood at Happy Valley

Derby PHX

The Rey Downtown

MAA Midtown Phoenix

Grayson on the Rail

Urbana on 12th

AVE Phoenix Terra

Altura

The Stewart

Circa Central Avenue

The Battery

Curve at Melrose
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 Under $1500 | $1,420 | $628 | $5,204 |
Phoenix 1 Bedroom Apartments Under $1500 | $1,680 | $669 | $10,000+ |
Phoenix 2 Bedroom Apartments Under $1500 | $2,099 | $799 | $10,000+ |
Phoenix 3 Bedroom Apartments Under $1500 | $2,465 | $840 | $10,000+ |
Phoenix 4 Bedroom Apartments Under $1500 | $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

Phoenix, AZ Local Guide
- Phoenix Neighborhoods
- Nearby Cities
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 Phoenix
How much are Studio apartments in Phoenix?
There are currently 678 Studio Apartments in Phoenix with rent ranges from $628 to $5,204 with an average price of $1,420.
What is the current price range for One Bedroom Phoenix Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Phoenix ranges from $669 to $25,000 with an average monthly rent of $1,680.
What does renting a Two Bedroom Apartment in Phoenix cost?
The monthly rent prices of Two Bedroom Apartments currently available in Phoenix range from $799 to $18,437. Today's average rental price for Two Bedrooms here is $2,099.
How expensive are Phoenix Three Bedroom Apartments?
There are currently 979 Three Bedroom Apartments listings available in Phoenix on ApartmentHomeLiving.com. The pricing ranges from $840 to $16,672 - averaging $2,465 for the location.
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.