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Cheap Apartments for Rent in Phoenix, IL from $600 (93 Rentals)
Search the lowest-cost Apartments available for rent right now in Phoenix.
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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 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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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 | $1,325 | $1,250 | $1,400 |
| Cheap Phoenix 2 Bedroom Apartments | $1,465 | $1,000 | $1,900 |
| Cheap Phoenix 3 Bedroom Apartments | $1,665 | $1,200 | $2,300 |
| Cheap Phoenix 4 Bedroom Apartments | $3,100 | $3,100 | $3,100 |
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
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 15840 Marshfield Ave | 2 Beds, 1 bath | 2BR,1BA | $1,000 |
| 14021 S Tracy Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,175 |
Best Value Apartments for Rent in Phoenix, IL
As of June 17, 2025 the best value apartment in the Phoenix area is the $1.55 price per square foot 2 Bedroom 1 Bath Apartment Model at 14021 S Tracy Ave in the in the College District neighborhood starting from $1,175. The second greatest value Phoenix apartment is the 1 Bed, 1 bath Model at 15840 Marshfield Ave starting at $1,400 with a $2.55 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. |
|---|---|---|---|
| 14021 S Tracy Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.55 |
| 15840 Marshfield Ave | 1 Bed, 1 bath | 1BR,1BA | $2.55 |
Quick Rent Budget Calculator
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Explore Phoenix, IL Rentals by Map
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Phoenix, IL Apartments MapPhoenix, IL Rental Homes MapGetting 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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.