Cheap Apartments for Rent in Flagstaff, AZ from $500 (47 Rentals)

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

property at 1385 W University Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

1 Bedroom, 1 Bath Condo for Rent

Available Jul 7

1385 W University Ave

FlagstaffAZ86001

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 907 W Summit Ave

$1,200 - $1,700

Studio To 1 Bedroom Rentals

Available Now

907 W Summit Ave

FlagstaffAZ86001

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 1200 S Riordan Ranch St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

1200 S Riordan Ranch St, Unit 93

1200 S Riordan Ranch St
FlagstaffAZ86001
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Pinehurst At Flagstaff
2 to 4 Bedroom Apartments

Pinehurst At Flagstaff

1001 N 4th StFlagstaff, AZ 86004
  • Utilities Included
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Cedarcrest Village
2 to 3 Bedroom Apartments

Cedarcrest Village

2251 N Izabel StFlagstaff, AZ 86004

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Castle Rock Studios
Studio to 1 Bedroom Apartments

Castle Rock Studios

1313 S Milton RdFlagstaff, AZ 86001
Student Housing
  • Utilities Included
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Aspen Shadows Townhomes
1 to 2 Bedroom Apartments

Aspen Shadows Townhomes

4025 Lake Mary RdFlagstaff, AZ 86001
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-47, Page 1 of 1

Flagstaff, AZ Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Flagstaff, AZ

Pricing Updated: 06/12/2026

Current apartment rentals in the Flagstaff, AZ area range in price from $649 to $10,936 with an overall median price of $7,028. The three Flagstaff neighborhoods with the lowest median rent pricing are Sunnyside at $649, Switzer Mesa at $649, and Cherry Hill at $649. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Flagstaff Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sunnyside$2,754$649177
Switzer Mesa$5,855$64953
Cherry Hill$7,200$64943
Downtown Flagstaff$7,200$649192
Flagstaff Townsite$7,200$64957
Fort Tuthill Historic District$7,200$649109
Hospital Hill$7,200$649156
La Plaza Vieja$7,200$73963
North End Historic District$7,200$64972
South Side$7,200$649237

Cheapest Available Flagstaff Apartments for Rent

 

The cheapest available apartment rental in Flagstaff, AZ is a 1 Bed unit found at Millpond Village Apartments in the La Plaza Vieja neighborhood priced from $1,200. Woodlands Village Apartments in the Downtown Flagstaff neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,365. Here is today’s list of the most affordable Flagstaff apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millpond Village ApartmentsONE Bedroom1BR,1BA$1,200
Woodlands Village ApartmentsStudioStudio,1BA$1,365
University Square ApartmentsStudioStudio,1BA$1,455
The Place At Forest RidgeZuniStudio,1BA$1,482
Pine View Village ApartmentsStudioStudio,1BA$1,500
Butterfield ApartmentsStudioStudio,1BA$1,575
University WestOne Bedroom1BR,1BA$1,625
Sterling PointeMcMillian1BR,1BA$1,649

Best Value Apartments for Rent in Flagstaff, AZ

As of June 13, 2026 the best value apartment in the Flagstaff area is the $1.50 price per square foot 6 Beds, 5 baths Model at 519 W Tombstone Ave in the in the La Plaza Vieja neighborhood starting from $6,000. The second greatest value Flagstaff apartment is the 4x4 Model at Wavertree Apartments starting at $900 with a $0.60 price per square foot in the La Plaza Vieja neighborhood. Here is today’s list of the best values for Flagstaff apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
519 W Tombstone Ave6 Beds, 5 baths6BR,5BA$1.50
Wavertree Apartments4x44BR,4BA$0.60
119 S Florence St, Unit Building c119 S Florence St4BR,4BA$0.67
Sierra on 66Trek3BR,2BA$1.57
Clear Creek Village2BR/2BA - 9502BR,2BA$1.07
Country Club Meadows ApartmentsTwo Bedroom 1.5 Bath2BR,1.5BA$2.00
Ridge at Clear Creek2BR/2BA2BR,2BA$1.11
Park Place Flagstaff2x2 Style 52BR,2BA$1.68
Aspen Leaf2 x 2 (860 SF)2BR,2BA$2.09
Commons at Sawmill2 Bed Furn Premium2BR,2BA$1.16

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Flagstaff Overview

Flagstaff, Arizona has a little something for everyone. Mild weather, a diverse and vibrant culture, and outdoors charms ranging from numerous trails to skiing and snowboarding opportunities are just a few of the features of the city. Mass transit is available to help you traverse the city, and it's easy to hit the numerous convenient interstates when you want to adventure farther out. Overall, Flagstaff is a great place to visit and an even better place to find a new home among the many wonderful options in Flagstaff apartments available to live in.

Why live in Flagstaff, AZ?

Flagstaff, Arizona is attractive to visitors due to features such as its mild climate, including relatively little precipitation. It attracts educated visitors with features such as Northern Arizona University and an economy based largely on scientific and technological research. The variety of terrains and elevations make it a good place for those who love the outdoors, while those who love arts and culture can visit venues such as symphonies, concerts, museums, and a wide variety of theaters.

Best Local Schools in
Flagstaff, AZ

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Flagstaff Apartments

What is a cheap apartment in Flagstaff?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Flagstaff is under $1,649.

What is the price of a cheap apartment in Flagstaff?

The cheapest apartment in Flagstaff is Millpond Village Apartments which is listed at $1,200, while the average apartment in Flagstaff costs $7,028.

What types of apartments are the cheapest in Flagstaff?

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 531 regular apartments in Flagstaff 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 Flagstaff?

Cheap apartments in Flagstaff have an average cost of $1,752 which is $5,276 cheaper than the average rent for all rentals in Flagstaff.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.