Cheap Apartments for Rent in Phoenix, MD from $900 (48 Rentals)

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

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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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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Flats at 703
$1,693 - $2,461
Total Monthly Price

Total Monthly Price

Base Rent
$1,693 - $2,461
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Flats at 703

703 Washington AveTowson, MD 21204
Outdoors
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  • Customer Reviewed
  • 3D Tour

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 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

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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2013 Shepperd Rd
2 Bedroom Apartments

2013 Shepperd Rd

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

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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Showing Results 1-48, 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 $961. 5 Corners Apartments in the The Lakes neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $971. 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$961
5 Corners ApartmentsOne Bedroom1BR,1BA$971
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1,047
Wintergreen Apartments1BR- Wintergreen1BR,1BA$1,210
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1,222
Somerset at TowsonThe AlleghenyStudio,1BA$1,286
DeertreeWindsor Townhome1BR,1BA$1,335
The Apartments at Saddle Brooke1BR 1BA (640sf)1BR,1BA$1,340
Hunt Club1 BEDROOM 1 BATH1BR,1BA$1,391
Cromwell Valley Apartments1 Bedroom 1 Bath1BR,1BA$1,403

Best Value Apartments for Rent in Phoenix, MD and Nearby

As of May 05, 2026 the best value apartment in the Phoenix area is the $1.53 price per square foot 3BFU Model at Briarcliff Apartments: Spacious Luxury Living in Central Baltimore County in the in the The Lakes neighborhood starting from $2,342. The second greatest value Phoenix apartment is the 2 bedroom, 2 bath Model at Cardiff Charles Apartments starting at $1,760 with a $1.26 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.
Briarcliff Apartments: Spacious Luxury Living in Central Baltimore County3BFU3BR,2BA$1.53
Cardiff Charles Apartments2 bedroom, 2 bath2BR,2BA$1.26
Somerset at TowsonThe York2BR,1.5BA$1.50
Eagle Rock Apartments at TowsonB32BR,2BA$1.74
Ivy Hall Apartments2 Bedrooms 2 Bath2BR,2BA$1.66
The Lakes Apartments and TownhomesTwo Bedroom/Two Bath2BR,2BA$1.30
Wintergreen Apartments2BR- Wintergreen2BR,2BA$1.74
Cranbrook Hills ApartmentsOne Bedroom with den1BR,1BA$1.69
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1.75
5 Corners ApartmentsOne Bedroom1BR,1BA$1.51

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

Explore Phoenix, MD Rentals by Map

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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 $1,286.

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

The lowest price for a Cheap One Bedroom Phoenix Apartment is $961 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 $1,157 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 Cranbrook Hills Apartments and starts from $1,612.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.