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Cheap Apartments for Rent in Phoenix, IL from $600 (117 Rentals)
Search the lowest-cost Apartments available for rent right now in Phoenix.
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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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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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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.
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 | $1,000 | $1,000 | $1,000 |
| Cheap Phoenix 2 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
| Cheap Phoenix 4 Bedroom Apartments | $4,300 | $4,300 | $4,300 |
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 1 Bed unit found at 14026 S School St in the College District neighborhood priced from $950. 14133 S School St in the College District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $970. Here is today’s list of the most affordable Phoenix apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 14026 S School St | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $950 |
| 14133 S School St | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $970 |
| 304 East 147th Street | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,005 |
| 136 E 155th St Harvey, IL 60426 | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1,105 |
| 14538 S Cottage Grove Ave Dolton, IL 60419 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,125 |
| 14110 S Atlantic Ave | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1,195 |
| 13905-37 S Clark St Riverdale, IL 60827 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,210 |
Best Value Apartments for Rent in Phoenix, IL
As of December 17, 2025 the best value apartment in the Phoenix area is the $1.15 price per square foot 15433 Myrtle Ave Model at 15433 Myrtle Ave, Unit Duplex on Myrtle in the in the College District neighborhood starting from $1,500. The second greatest value Phoenix apartment is the 3 Bedroom 1 Bath Apartment Model at 136 E 155th St Harvey, IL 60426 starting at $1,105 with a $1.41 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. |
|---|---|---|---|
| 15433 Myrtle Ave, Unit Duplex on Myrtle | 15433 Myrtle Ave | 2BR,1.5BA | $1.15 |
| 136 E 155th St Harvey, IL 60426 | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1.41 |
| 14110 S Atlantic Ave | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1.62 |
| 13905-37 S Clark St Riverdale, IL 60827 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.77 |
| 14538 S Cottage Grove Ave Dolton, IL 60419 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.84 |
| 14133 S School St | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.59 |
| 304 East 147th Street | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.68 |
| 14026 S School St | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.65 |
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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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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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.
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
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.