Cheap Apartments for Rent in Phoenix, IL from $600 (71 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Done

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

close
View Me
611 E 151st St
Studio to 1 Bedroom Apartments

611 E 151st St

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

14143 S Tracy Ave

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

13906 S Indiana Ave

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

14545 Jefferson St

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

15200 Chicago Rd

15200 Chicago RdDolton, IL 60419

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
14113 S Stewart
1 to 2 Bedroom Apartments

14113 S Stewart

14113 S StewartRiverdale, IL 60827
  • Utilities Included
close
View Me
14120 S Tracy Ave
1 to 2 Bedroom Apartments

14120 S Tracy Ave

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

15540 S Center Ave

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

500 W 144th St

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

455 W 144th St

455 W 144th StRiverdale, IL 60827
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

close
View Me
14915 Washington
2 Bedroom Apartments

14915 Washington

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

14113 S School St

14113 S School StRiverdale, IL 60827
close
View Me
15962 S Park Ave
2 Bedroom Apartments

15962 S Park Ave

15962 S Park AveSouth Holland, IL 60473
close
View Me
780 E 164th St
1 Bedroom Apartments

780 E 164th St

780 E 164th StSouth Holland, IL 60473
close
View Me
14108 S Tracy Ave
Studio Apartments

14108 S Tracy Ave

14108 S Tracy 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.

close
View Me
95 W 154th St
Studio Apartments

95 W 154th St

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

15800 Turlington

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

14032 S School St

14032 S School StRiverdale, IL 60827
close
View Me
14112-14114 S Tracy Ave
1 to 2 Bedroom Apartments

14112-14114 S Tracy Ave

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

14330 S Stewart Ave

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

14047 S School St

14047 S School StRiverdale, IL 60827
close
View Me
14547 Chicago Road
Studio to 2 Bedroom Apartments

14547 Chicago Road

14547 Chicago RdDolton, IL 60419
  • 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.

close
View Me
304 East 147th
1 Bedroom Apartments

304 East 147th

304 E 147th StHarvey, IL 60426
close
View Me
136 E 155th
Studio to 3 Bedroom Apartments

136 E 155th

136 E 155th StHarvey, IL 60426
close
View Me
14031 S School
Studio to 3 Bedroom Apartments

14031 S School

14031 S School StRiverdale, IL 60827
close
View Me
14122 S School St
1 to 3 Bedroom Apartments

14122 S School St

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

14127 S School St

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

14101 S Atlantic

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

14123 S Tracy

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

14021 S Tracy

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

Whistler's Crossing

13750 S Lowe AveRiverdale, 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.

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 14036-50 Tracy Ave in the College District neighborhood priced from $1,095. 13905 S Clark in the College District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,210. Here is today’s list of the most affordable Phoenix apartments for rent:

Apartment ListingModel NameBed/BathPriced From
14036-50 Tracy AveRVDL1BR11BR,1BA$1,095
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 August 03, 2026 the best value apartment in the Phoenix area is the $0.95 price per square foot 211 E 161st Pl Model at 211 E 161st Pl, Unit 1 in the in the College District neighborhood starting from $1,900. The second greatest value Phoenix apartment is the 14305 Irving Ave Model at 14305 Irving Ave, Unit 1 starting at $2,200 with a $2.00 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.
211 E 161st Pl, Unit 1211 E 161st Pl3BR,1BA$0.95
14305 Irving Ave, Unit 114305 Irving Ave3BR,1BA$2.00
14036-50 Tracy AveRVDL2BR12BR,1BA$1.50
14021 S Tracy2 Bedroom 1 Bath Apartment2BR,1BA$1.62
15743 Fisk St, Unit 115743 Fisk St2BR,1BA$1.80
13905 S Clark1 Bedroom 1 Bath Apartment1BR,1BA$1.77

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

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

Explore Phoenix, IL Rentals by Map

View Map
Phoenix, IL Apartments Map
View Map
Phoenix, IL Rental Homes Map

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 $1,095 at 14036-50 Tracy Ave.

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 $1,225 at 14021 S Tracy.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.