Cheap Apartments for Rent in Peoria, AZ from $500 (48 Rentals)

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

property at 9350 N 67th Ave

9350 N 67th Ave

PeoriaAZ85345
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Waterford at Peoria
1 to 3 Bedroom Apartments

Waterford at Peoria

14109 N 83rd AvePeoria, AZ 85381
Corporate Housing

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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property at 6201 W Olive Ave

6201 W Olive Ave

GlendaleAZ85302

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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property at 8344 N 67th Ave

8344 N 67th Ave

GlendaleAZ85302

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

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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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Vista Alegre
1 Bedroom Apartments

Vista Alegre

6515 W Maryland AveGlendale, AZ 85301
Senior Living
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The Courtyards
Studio to 2 Bedroom Apartments

The Courtyards

6500 W Olive AveGlendale, AZ 85302
  • Utilities Included
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Sunflower Apartments
Studio to 2 Bedroom Apartments

Sunflower Apartments

5959 W Olive AveGlendale, AZ 85302
  • Utilities Included
  • Smoke Free
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Bingham Blocks
Studio to 2 Bedroom Apartments

Bingham Blocks

6015 W Olive AveGlendale, AZ 85302
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8344 N 67th Ave
1 to 2 Bedroom Apartments

8344 N 67th Ave

8344 N 67th AveGlendale, AZ 85302
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Sunset Landing
1 to 2 Bedroom Apartments

Sunset Landing

8450 N 67th AveGlendale, AZ 85302

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Stadium Court
1 Bedroom Apartments

Stadium Court

8111 W Glendale AveGlendale, AZ 85303
  • Utilities Included
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Desert Eagle
1 to 4 Bedroom Apartments

Desert Eagle

6917 N 71st AveGlendale, AZ 85303
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Showing Results 1-48, Page 1 of 1

Peoria, AZ Local Guide

Cheapest Neighborhoods for Apartments in Peoria, AZ

Pricing Updated: 12/15/2025

Current apartment rentals in the Peoria, AZ area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Peoria Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
El Mirage$2,547$1,000102

Cheapest Available Peoria Apartments for Rent

 

The cheapest available apartment rental in Peoria, AZ is a 2 Beds unit found at Centerline on Glendale Phase II in the Ocotillo Disctrict neighborhood priced from $694. Arches Apartment Homes in the Ocotillo Disctrict neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $822. Here is today’s list of the most affordable Peoria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Centerline on Glendale Phase IIB12BR,1BA$694
Arches Apartment Homes1 Bed / 1 Bath Classic1BR,1BA$822
Olive TreeA11BR,1BA$825
Bingham BlocksS1Studio,1BA$825
Solmere PhoenixS1Studio,1BA$873
Glendale West1x1 BR1BR,1BA$875
Park at Westgate1x1A1BR,1BA$884
Country GablesA21BR,1BA$899
Country Creek Apartments1x1- Top Floor1BR,1BA$900
Park Villas1x11BR,1BA$913

Best Value Apartments for Rent in Peoria, AZ

As of December 15, 2025 the best value apartment in the Peoria area is the $1.13 price per square foot 8566 Model at 8566 W Cinnabar Ave in the in the The Preserve at Cibola Vista neighborhood starting from $3,250. The second greatest value Peoria apartment is the Mediterranean Model at Fountain Palms starting at $1,689 with a $1.36 price per square foot in the Deer Valley neighborhood. Here is today’s list of the best values for Peoria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8566 W Cinnabar Ave85665BR,3BA$1.13
Fountain PalmsMediterranean2BR,2BA$1.36
Park Villas3x23BR,2BA$1.29
Steeple Chase3 Bedroom 2 1/2 Bath Townhomes3BR,2.5BA$1.37
Desert Harbor Apartment Homes2 Bedroom, 2 Bath2BR,2BA$1.38
Woodridge Manor2/1.52BR,1.5BA$1.20
Desert VistaIronwood1BR,1BA$1.51
Peoria Grand Apartments2x1A2BR,1BA$1.50
Reserve at Arrowhead1 Bedroom 1 Bath1BR,1BA$1.49
Glendale West1x1 BR1BR,1BA$1.29

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com

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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.

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Pet Friendly Lifestyle
Peoria, AZ

Ranked #8

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Peoria, AZ

School data provided by Great Schools

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

Explore Peoria, AZ Rentals by Map

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See the most popular apartments and homes in Peoria, AZ

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Getting Around Peoria, AZ

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

18 / 100

Minimal Transit

It may be possible to get on a bus

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 Peoria Apartments

What is the Cheapest Studio apartment in Peoria?

Currently the most affordable Cheap Studio Apartment in Peoria is at Bingham Blocks listed at $825.

How much is rent for a Cheap One Bedroom Peoria Apartment?

The lowest price for a Cheap One Bedroom Peoria Apartment is $822 at Arches Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Peoria Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peoria is starting from $694 at Centerline on Glendale Phase II.

What is the most affordable Peoria Three Bedroom Apartment?

The best deal on a cheap Peoria Three Bedroom Apartment rental is at Glendale West and starts from $1,100.

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.

Helpful Local Expert Guides

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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).

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Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

Written by: Andrew Jollett

I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Written by: Andrew Jollett

Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.