Cheap Apartments for Rent in Phoenix, MD from $1,000 (25 Rentals)

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

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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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The Monkton Hotel
1 Bedroom Apartments

The Monkton Hotel

1900 Monkton RdMonkton, MD 21111
  • Utilities Included
Showing Results 1-25, 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 Warren Place Senior Apartments 62+ in the Regents Club At Falls Croft neighborhood priced from $1,053. The Lakes Apartments and Townhomes in the The Lakes 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
Wintergreen Apartments1BR- Wintergreen1BR,1BA$1,297
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1,331

Best Value Apartments for Rent in Phoenix, MD and Nearby

As of July 26, 2025 the best value apartment in the Phoenix area is the $1.34 price per square foot The Fairmount Model at Somerset at Towson in the in the Towson Park neighborhood starting from $1,679. The second greatest value Phoenix apartment is the 2 Bedrooms 2 Bath Model at Ivy Hall Apartments starting at $2,095 with a $1.70 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.
Somerset at TowsonThe Fairmount2BR,1BA$1.34
Ivy Hall Apartments2 Bedrooms 2 Bath2BR,2BA$1.70
Mays Chapel Village Apartments2 Bedroom + Den2BR,1.5BA$1.62
Hampton Manor Apartments & TownhomesE: 2 Bedroom 1 Bath2BR,1BA$1.68
Wintergreen Apartments2BR- Wintergreen2BR,2BA$1.81
The Lakes Apartments and TownhomesTwo bedroom townhome2BR,1BA$1.55
Steeplechase Apartment Homes1bedroom/1bath1BR,1BA$1.78
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1.80
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1.50
5 Corners ApartmentsOne Bedroom1BR,1BA$1.75

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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 $1,053 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 $1,939.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.