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Cheap Apartments for Rent in Phoenix, IL from $600 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in Phoenix.
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$1,150Studio to 3 Bedroom Apartments Available Now
14026 S School St
14026 S School StRiverdale, IL 60827
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$1,5003 Bedroom Apartment Available Now
13946 S State St, Unit 2nd Fl Apartment
13946 S State StRiverdale, IL 60827
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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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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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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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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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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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Phoenix, IL Local Guide
Route 66 by russellstreet is licensed under CC BY 2.0
How much does it cost to rent an apartment in Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Phoenix 1 Bedroom Apartments | $1,125 | $850 | $1,400 |
| Cheap Phoenix 2 Bedroom Apartments | $1,471 | $1,000 | $1,900 |
| Cheap Phoenix 3 Bedroom Apartments | $1,675 | $1,500 | $1,850 |
Browse Top Apartments in Phoenix
See all Apartments in PhoenixExplore Phoenix
Phoenix, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Phoenix Apartments for Rent
The cheapest available apartment rental in Phoenix, IL is a 2 Beds unit found at 15840 Marshfield Ave in the College District neighborhood priced from $1,000. 14026 S School St in the College District neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,150. Here is today’s list of the most affordable Phoenix apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 15840 Marshfield Ave | 2 Beds, 1 bath | 2BR,1BA | $1,000 |
| 14026 S School St | 2 Bedroom | 2BR,1BA | $1,150 |
| 13905-37 S Clark St | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,180 |
| 14021 S Tracy Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in Phoenix, IL
As of September 16, 2025 the best value apartment in the Phoenix area is the $1.50 price per square foot 13946 S State St Model at 13946 S State St, Unit 2nd Fl Apartment in the in the College District neighborhood starting from $1,500. The second greatest value Phoenix apartment is the 211 E 161st Pl Model at 211 E 161st Pl, Unit 2 starting at $1,775 with a $1.87 price per square foot in the College District neighborhood. Here is today’s list of the best values for Phoenix apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 13946 S State St, Unit 2nd Fl Apartment | 13946 S State St | 3BR,1BA | $1.50 |
| 211 E 161st Pl, Unit 2 | 211 E 161st Pl | 2BR,1BA | $1.87 |
| 15245 Martin Luther King Jr Dr, Unit 2 North | 15245 Martin Luther King Jr Dr | 2BR,1BA | $2.00 |
| 14026 S School St | 2 Bedroom | 2BR,1BA | $1.39 |
| 14021 S Tracy Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.62 |
| 13905-37 S Clark St | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.72 |
| 15840 Marshfield Ave | 1 Bed, 1 bath | 1BR,1BA | $2.55 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Phoenix, IL Rentals by Map
See the most popular apartments and homes in Phoenix, IL
Getting Around Phoenix, IL
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 the lowest price for a Cheap Two Bedroom Phoenix Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Phoenix is starting from $1,000 at 15840 Marshfield Ave.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.