Cheap Apartments for Rent in Phoenix, IL from $600 (70 Rentals)

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611 E 151st St
Studio to 1 Bedroom Apartments

611 E 151st St

611 E 151st StPhoenix, IL 60426
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14143 S Tracy Ave
1 to 2 Bedroom Apartments

14143 S Tracy Ave

14143 S Tracy AveRiverdale, IL 60827
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13906 S Indiana Ave
1 to 2 Bedroom Apartments

13906 S Indiana Ave

13906 S Indiana AveRiverdale, IL 60827
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14545 Jefferson St
1 to 2 Bedroom Apartments

14545 Jefferson St

14545 Jefferson StHarvey, IL 60426
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15200 Chicago Rd
2 Bedroom Apartments

15200 Chicago Rd

15200 Chicago RdDolton, IL 60419
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14113 S Stewart
1 to 2 Bedroom Apartments

14113 S Stewart

14113 S StewartRiverdale, IL 60827
  • Utilities Included

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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15962 S Park Ave
2 Bedroom Apartments

15962 S Park Ave

15962 S Park AveSouth Holland, IL 60473
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14120 S Tracy Ave
1 to 2 Bedroom Apartments

14120 S Tracy Ave

14120 S Tracy AveRiverdale, IL 60827
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15540 S Center Ave
1 to 2 Bedroom Apartments

15540 S Center Ave

15540 S Center AveHarvey, IL 60426
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500 W 144th St
Studio Apartments

500 W 144th St

500 W 144th StRiverdale, IL 60827
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455 W 144th St
Studio to 1 Bedroom Apartments

455 W 144th St

455 W 144th StRiverdale, IL 60827
  • Utilities Included

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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14915 Washington
2 Bedroom Apartments

14915 Washington

14915 WashingtonHarvey, IL 60426
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14113 S School St
1 to 2 Bedroom Apartments

14113 S School St

14113 S School StRiverdale, IL 60827
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14108 S Tracy Ave
Studio Apartments

14108 S Tracy Ave

14108 S Tracy AveRiverdale, IL 60827
  • Utilities Included
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95 W 154th St
Studio Apartments

95 W 154th St

95 W 154th StHarvey, IL 60426
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15800 Turlington
1 Bedroom Apartments

15800 Turlington

15800 TurlingtonHarvey, IL 60426
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14032 S School St
2 Bedroom Apartments

14032 S School St

14032 S School StRiverdale, IL 60827

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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14112-14114 S Tracy Ave
1 to 2 Bedroom Apartments

14112-14114 S Tracy Ave

14112-14114 S Tracy AveRiverdale, IL 60827
  • Utilities Included
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14330 S Stewart Ave
1 to 2 Bedroom Apartments

14330 S Stewart Ave

14330 S Stewart AveRiverdale, IL 60827
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14047 S School St
1 to 2 Bedroom Apartments

14047 S School St

14047 S School StRiverdale, IL 60827
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780 E 164th St
1 Bedroom Apartments

780 E 164th St

780 E 164th StSouth Holland, IL 60473
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14547 Chicago Road
Studio to 2 Bedroom Apartments

14547 Chicago Road

14547 Chicago RdDolton, IL 60419
  • Utilities Included
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136 E 155th
Studio to 3 Bedroom Apartments

136 E 155th

136 E 155th StHarvey, IL 60426

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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14031 S School
Studio to 3 Bedroom Apartments

14031 S School

14031 S School StRiverdale, IL 60827
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304 E 147th St
1 Bedroom Apartments

304 E 147th St

304 E 147th StHarvey, IL 60426
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14122 S School St
1 to 3 Bedroom Apartments

14122 S School St

14122 S School StRiverdale, IL 60827
  • Utilities Included
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14127 S School St
1 to 2 Bedroom Apartments

14127 S School St

14127 S School StRiverdale, IL 60827
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14101 S Atlantic
2 Bedroom Apartments

14101 S Atlantic

14101-14103 S Atlantic AveRiverdale, IL 60827
  • Utilities Included
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14123 S Tracy
2 Bedroom Apartments

14123 S Tracy

14123-14125 S Tracy AveRiverdale, IL 60827
  • Utilities Included
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14021 S Tracy
2 Bedroom Apartments

14021 S Tracy

14021 S Tracy AveRiverdale, IL 60827
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Whistler's Crossing
2 to 3 Bedroom Apartments

Whistler's Crossing

13750 S Lowe AveRiverdale, IL 60827
  • 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.

Phoenix, IL Local Guide

Cheapest Available Phoenix Apartments for Rent

 

The cheapest available apartment rental in Phoenix, IL is a 1 Bed unit found at 14031 S School in the College District neighborhood priced from $1,045. 14101 S Atlantic in the College District neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,140. Here is today’s list of the most affordable Phoenix apartments for rent:

Apartment ListingModel NameBed/BathPriced From
14031 S School1 Bedroom 1 Bath Apartment1BR,1BA$1,045
14101 S Atlantic2 Bedroom 1 Bath Apartment2BR,1BA$1,140
14047 S Tracy Ave2BD/1BA2BR,1BA$1,200
14119 S Tracy2 Bedroom 1 Bath Apartment2BR,1BA$1,205
13905 S Clark1 Bedroom 1 Bath Apartment1BR,1BA$1,210
14021 S Tracy2 Bedroom 1 Bath Apartment2BR,1BA$1,225

Best Value Apartments for Rent in Phoenix, IL

As of June 19, 2026 the best value apartment in the Phoenix area is the $1.00 price per square foot 2BD/1BA Model at 14047 S Tracy Ave in the in the College District neighborhood starting from $1,200. The second greatest value Phoenix apartment is the 724 W 138th St Model at 724 W 138th St, Unit 3 starting at $1,250 with a $1.56 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 ListingModel NameBed/BathPrice Per Sq.Ft.
14047 S Tracy Ave2BD/1BA2BR,1BA$1.00
724 W 138th St, Unit 3724 W 138th St2BR,1BA$1.56
14101 S Atlantic2 Bedroom 1 Bath Apartment2BR,1BA$1.44
14021 S Tracy2 Bedroom 1 Bath Apartment2BR,1BA$1.62
14119 S Tracy2 Bedroom 1 Bath Apartment2BR,1BA$1.73
13905 S Clark1 Bedroom 1 Bath Apartment1BR,1BA$1.77
14031 S School1 Bedroom 1 Bath Apartment1BR,1BA$1.69

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

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Frequently Asked Questions about Cheap Phoenix Apartments

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

The lowest price for a Cheap One Bedroom Phoenix Apartment is $1,045 at 14031 S School.

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 $1,140 at 14101 S Atlantic.

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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.