Cheap Apartments for Rent in Phoenix, MD from $1,000 (30 Rentals)

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

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The Monkton Hotel
1 Bedroom Apartments

The Monkton Hotel

1900 Monkton RdMonkton, MD 21111
  • 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 Warren Place Senior Apartments 62+ in the Regents Club At Falls Croft neighborhood priced from $1,053. The Lakes Apartments and Townhomes in the Regents Club At Falls Croft neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,117. Here is today’s list of the most affordable Phoenix apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1,053
The Lakes Apartments and TownhomesOne bedroom1BR,1BA$1,117
5 Corners ApartmentsOne Bedroom1BR,1BA$1,121
20 LambourneOne Bedroom A1D1BR,1BA$1,198
Eagle Rock Apartments at TowsonA11BR,1BA$1,265
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1,269
Wintergreen Apartments1BR- Wintergreen1BR,1BA$1,334
DeertreeCamelot Classic1BR,1BA$1,336
Steeplechase Apartment Homes1bed/1bath jr1BR,1BA$1,350
Somerset at TowsonThe Bosley1BR,1BA$1,375

Best Value Apartments for Rent in Phoenix, MD and Nearby

As of June 09, 2025 the best value apartment in the Phoenix area is the $1.35 price per square foot H02 - 2 Bedroom / 2 Bathroom Model at Hampton Plaza Apartments in the in the Towson Park neighborhood starting from $1,829. The second greatest value Phoenix apartment is the 3 Bedroom Model at Mays Chapel Village Apartments starting at $2,130 with a $1.70 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.
Hampton Plaza ApartmentsH02 - 2 Bedroom / 2 Bathroom2BR,2BA$1.35
Mays Chapel Village Apartments3 Bedroom3BR,2BA$1.70
Cardiff Charles Apartments2 bedroom, 1 bath2BR,1BA$1.36
Somerset at TowsonThe Bosley1BR,1BA$1.38
Top Field Apartment HomesOne Bedroom - 890 sqft1BR,1BA$1.82
The Apartments at Saddle Brooke2BR 1.5BA (935sf)2BR,1.5BA$1.77
The Lakes Apartments and TownhomesTwo bedroom townhome2BR,1BA$1.55
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1.71
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1.50
5 Corners ApartmentsOne Bedroom1BR,1BA$1.75

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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 Somerset at Towson listed at $1,464.

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

The lowest price for a Cheap One Bedroom Phoenix Apartment is $1,053 at Warren Place Senior Apartments 62+.

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 5 Corners Apartments.

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 $1,928.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.