Cheap Homes for Rent in Phoenix, MD from $1,200 (9 Rentals)

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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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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$1,202

Best Value Apartments for Rent in Phoenix, MD and Nearby

As of August 29, 2025 the best value apartment in the Phoenix area is the $1.70 price per square foot 2 Bedrooms 2 Bath Model at Ivy Hall Apartments in the in the Towson Park neighborhood starting from $2,095. The second greatest value Phoenix apartment is the 2 Bedroom + Den Model at Mays Chapel Village Apartments starting at $1,895 with a $1.62 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.
Ivy Hall Apartments2 Bedrooms 2 Bath2BR,2BA$1.70
Mays Chapel Village Apartments2 Bedroom + Den2BR,1.5BA$1.62
Cardiff Charles Apartments1 bedroom, 1 bath, Den1BR,1BA$1.34
Hampton Manor Apartments & TownhomesE: 2 Bedroom 1 Bath2BR,1BA$1.68
Somerset at TowsonThe Bosley1BR,1BA$1.47
Top Field Apartment HomesOne Bedroom - 890 sqft1BR,1BA$1.81
Briarcliff Apartments1BFP1BR,1BA$1.81
The Lakes Apartments and TownhomesTwo bedroom townhome2BR,1BA$1.55
Cranbrook Hills ApartmentsOne Bedroom1BR,1BA$1.80
Warren Place Senior Apartments 62+One Bedroom One Bath1BR,1BA$1.50

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Frequently Asked Questions about Phoenix

What type of rentals are currently available in Phoenix?

There are currently 35 Apartments for Rent in Phoenix, MD with pricing that ranges from $1,053 to $4,726. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix ranging from $1,275 to $13,000.

What is the current price range for Rental Homes in Phoenix?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Phoenix ranges from $1,275 to $13,000 with an average monthly rent of $4,628.

How much are larger Three and Four Bedroom Rentals in Phoenix?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Phoenix range from $1,867 to $4,726, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,812.

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.