Cheap Apartments for Rent near Phoenix, MD from $900 (45 Rentals)

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

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.

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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.

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Flats at 703
Rent Specials
$1,694 - $2,369
Total Monthly Price

Total Monthly Price

Base Rent
$1,694 - $2,369
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Flats at 703

703 Washington AveTowson, MD 21204
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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.

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The Monkton Hotel
1 Bedroom Apartments

The Monkton Hotel

1900 Monkton RdMonkton, MD 21111
Corporate Housing
  • Utilities Included
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Deertree
1 to 4 Bedroom Apartments

Deertree

10000 Greenside DrCockeysville, MD 21030
Corporate Housing

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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2013 Shepperd Rd
2 Bedroom Apartments

2013 Shepperd Rd

2013 Shepperd RdMonkton, MD 21111
  • Utilities Included
  • Smoke Free

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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Showing Results 1-45, 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 Studio unit found at The Lakes Apartments and Townhomes in the Cockeysville neighborhood priced from $959. 5 Corners Apartments in the Cockeysville 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 TownhomesStudioStudio,1BA$959
5 Corners ApartmentsOne Bedroom1BR,1BA$1,202
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1,256
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1,272
DeertreeCamelot Classic1BR,1BA$1,324
Wintergreen Apartments1BR- Wintergreen1BR,1BA$1,403
Briarcliff Apartments1BTU1BR,1BA$1,460
Somerset at TowsonThe Bosley1BR,1BA$1,465
The Apartments at Saddle Brooke1BR 1BA (640sf)1BR,1BA$1,468
Cromwell Valley Apartments1 Bedroom 1 Bath1BR,1BA$1,469

Best Value Apartments for Rent in Phoenix, MD and Nearby

As of August 04, 2026 the best value apartment in the Phoenix area is the $1.74 price per square foot 3 Bedroom 2 Bath w Terrace - Renovated Model at Kenilworth at Charles Apartments in the in the Regents Club At Falls Croft neighborhood starting from $2,153. The second greatest value Phoenix apartment is the 2 Bedrooms 2 Bath Model at Ivy Hall Apartments starting at $1,980 with a $1.61 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.
Kenilworth at Charles Apartments3 Bedroom 2 Bath w Terrace - Renovated3BR,2BA$1.74
Ivy Hall Apartments2 Bedrooms 2 Bath2BR,2BA$1.61
Hunt Club3 BEDROOM 2 BATH3BR,2BA$1.62
Hampton Manor Apartments & TownhomesH: 2 Bedroom 1 Bath Deluxe2BR,1BA$1.56
Cardiff Charles Apartments1 bedroom, 1 bath, Den1BR,1BA$1.36
Steeplechase Apartment Homes2bedroom/1bath2BR,1BA$1.58
Somerset at TowsonThe Dulaney1BR,1BA$1.52
Charlesgate Apartments1 Bedroom 1 Bath1BR,1BA$1.74
Briarcliff Apartments1BTU1BR,1BA$1.56
Cranbrook Hills ApartmentsOne Bedroom with den1BR,1BA$1.73

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

What is the Cheapest Studio apartment in Phoenix?

Currently the most affordable Cheap Studio Apartment in Phoenix is at The Lakes Apartments and Townhomes listed at $959.

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

The lowest price for a Cheap One Bedroom Phoenix Apartment is $1,162 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 $1,248 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 $1,878.

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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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.

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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.

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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.