Cheap Homes for Rent in Phoenix, NY from $700 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes 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.

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.

Phoenix, NY Local Guide

Cheapest Available Phoenix Apartments for Rent and Nearby

 

The cheapest available apartment rental in Phoenix, NY is a Studio unit found at Ridgewood Apartments priced from $1,050. 828 Holly Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Phoenix apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgewood ApartmentsStudioStudio,1BA$1,050
828 Holly Gardens1 Bedroom1BR,1BA$1,095
Breckenridge ApartmentsLoft1BR,1BA$1,150
Longbranch Park Apartments1 Bedroom Lower Level1BR,1BA$1,165
Norstar ApartmentsSuite B1BR,1BA$1,174

Best Value Apartments for Rent in Phoenix, NY and Nearby

As of April 12, 2026 the best value apartment in the Phoenix area is the $1.61 price per square foot 3A1 Model at Rivers Pointe Apartments in the starting from $2,300. The second greatest value Phoenix apartment is the 2 Bedroom Model at Center Pointe at Radisson starting at $2,000 with a $1.54 price per square foot . 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.
Rivers Pointe Apartments3A13BR,2BA$1.61
Center Pointe at Radisson2 Bedroom2BR,2BA$1.54
Fobes Island Apartments2 Bedroom 1 Bath2BR,1BA$1.60
Ravada Hill Apartments2 Bedroom 2 Ba2BR,2BA$1.54
Aspen Springs Apartments2 Bed 2 Bath2BR,2BA$1.43
Grampian Crossings2 Bedroom 1 Bathroom Mayflower Partial Remodel2BR,1BA$1.45
Tocco Villaggio ApartmentsOne Bedroom1BR,1BA$1.67
Willow Stream Apartments North1 Bedroom 1 Bath- Model 21BR,1BA$1.55
Village Green1 Bedroom 1 Bath1BR,1BA$1.60
Wellington Manor Apartments1x1A1WM1BR,1BA$1.49

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Phoenix, NY Rentals by Map

View Map
Phoenix, NY Apartments Map
View Map
Phoenix, NY Rental Homes Map

Frequently Asked Questions about Phoenix

What type of rentals are currently available in Phoenix?

There are currently 47 Apartments for Rent in Phoenix, NY with pricing that ranges from $628 to $2,930. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix ranging from $795 to $5,500.

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 $795 to $5,500 with an average monthly rent of $2,315.

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 Your Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Syracuse, NY article

Your Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Syracuse, NY

Written by: Jessica Mousseau

Hey! Jessica here, your ApartmentHomeLiving.com Local Expert for Syracuse, New York.

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.