Cheap Apartments for Rent in Phoenix, MD from $1,000 (29 Rentals)

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

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 Monkton Hotel
1 Bedroom Apartments

The Monkton Hotel

1900 Monkton RdMonkton, MD 21111
  • Utilities Included

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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Showing Results 1-29, Page 1 of 1

Phoenix, MD Local Guide

Cheapest Available Phoenix Apartments for Rent and Nearby

 

The cheapest available apartment rental in Phoenix, MD is a 1 Bed unit found at The Lakes Apartments and Townhomes in the The Lakes neighborhood priced from $1,117. 5 Corners Apartments in the The Lakes neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,202. Here is today’s list of the most affordable Phoenix apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Lakes Apartments and TownhomesOne bedroom1BR,1BA$1,117
5 Corners ApartmentsOne Bedroom1BR,1BA$1,202
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1,222
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1,227
Hunt Club1 BEDROOM 1 BATH1BR,1BA$1,321
Wintergreen Apartments1BR- Wintergreen1BR,1BA$1,357
The Apartments at Saddle Brooke1BR 1BA (640sf)1BR,1BA$1,367
Berkshires At Town CenterStudio with BalconyStudio,1BA$1,375
Briarcliff Apartments1BTU1BR,1BA$1,379
Hills at Kenilworth1A1BR,1BA$1,415

Best Value Apartments for Rent in Phoenix, MD and Nearby

As of October 27, 2025 the best value apartment in the Phoenix area is the $1.10 price per square foot 1 Model at 2013 Shepperd Rd in the starting from $1,650. The second greatest value Phoenix apartment is the Three Bedroom C2 Model at 20 Lambourne starting at $2,152 with a $1.49 price per square foot in the Towson Park 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.
2013 Shepperd Rd12BR,1BA$1.10
20 LambourneThree Bedroom C23BR,2BA$1.49
Mays Chapel Village Apartments3 Bedroom3BR,2BA$1.74
Somerset at TowsonThe Bosley1BR,1BA$1.49
DeertreeWindermere Classic2BR,1BA$1.73
Briarcliff Apartments1BFP1BR,1BA$1.54
Steeplechase Apartment Homes1bedroom/1bath1BR,1BA$1.80
The Lakes Apartments and TownhomesOne bedroom1BR,1BA$1.51
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1.66
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1.75

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

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Frequently Asked Questions about Cheap Phoenix Apartments

What is the Cheapest Studio apartment in Phoenix?

Currently the most affordable Cheap Studio Apartment in Phoenix is at Berkshires At Town Center listed at $1,375.

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

The lowest price for a Cheap One Bedroom Phoenix Apartment is $1,117 at The Lakes Apartments and Townhomes.

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 $1,238 at The Lakes Apartments and Townhomes.

What is the most affordable Phoenix Three Bedroom Apartment?

The best deal on a cheap Phoenix Three Bedroom Apartment rental is at Deertree and starts from $1,920.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.