Cheap Apartments for Rent in Phoenix, MD from $1,100 (31 Rentals)

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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.

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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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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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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The Monkton Hotel
1 Bedroom Apartments

The Monkton Hotel

1900 Monkton RdMonkton, MD 21111
Corporate Housing
  • Utilities Included

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. Padonia Village Apartments in the The Lakes neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,145. 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
Padonia Village ApartmentsStudioStudio,1BA$1,145
Wintergreen Apartments1BR- Wintergreen1BR,1BA$1,160
5 Corners ApartmentsOne Bedroom1BR,1BA$1,186
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1,222
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1,277
DeertreeCamelot Classic1BR,1BA$1,306
Hunt Club1 BEDROOM 1 BATH1BR,1BA$1,330
The Apartments at Saddle Brooke1BR 1BA (640sf)1BR,1BA$1,334
Somerset at TowsonThe Bosley1BR,1BA$1,358

Best Value Apartments for Rent in Phoenix, MD and Nearby

As of December 12, 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 2 bedroom, 2 bath Model at Cardiff Charles Apartments starting at $1,695 with a $1.21 price per square foot in the Regents Club At Falls Croft 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
Cardiff Charles Apartments2 bedroom, 2 bath2BR,2BA$1.21
Mays Chapel Village Apartments3 Bedroom3BR,2BA$1.74
Somerset at TowsonThe Fairmount2BR,1BA$1.46
Ivy Hall Apartments2 Bedrooms 2 Bath2BR,2BA$1.70
Top Field Apartment HomesOne Bedroom - 985 sqft1BR,1BA$1.68
Briarcliff Apartments: Spacious Luxury Living in Central Baltimore County1BTU1BR,1BA$1.73
The Lakes Apartments and TownhomesOne bedroom1BR,1BA$1.51
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1.72
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1.75

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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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 Padonia Village Apartments listed at $1,145.

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 Hunt Club and starts from $1,827.

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 Renting with Roommates: Realistic Expectations for Shared Lease article

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.

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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.