Cheap Apartments for Rent in Phoenix, OR from $600 (8 Rentals)

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

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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Pacific Flats
2 to 3 Bedroom Apartments

Pacific Flats

4019 S Pacific HwyMedford, OR 97501
  • Utilities Included
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Camino Colibri
Studio to 3 Bedroom Apartments

Camino Colibri

915 Broad StMedford, OR 97501
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Phoenix, OR Local Guide

Cheapest Available Phoenix Apartments for Rent and Nearby

 

The cheapest available apartment rental in Phoenix, OR is a 1 Bed unit found at Valley Pines priced from $997. Bartlett Street Apartments in the Downtown Medford neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Phoenix apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Pines1 Bedroom1BR,1BA$997
Bartlett Street Apartments#91BR,1BA$1,000
Genesis ApartmentsStudioStudio,1BA$1,095

Best Value Apartments for Rent in Phoenix, OR and Nearby

As of October 22, 2025 the best value apartment in the Phoenix area is the $1.26 price per square foot 3 Bed 2.5 Bath Model at Oak Grove Estates in the starting from $1,895. The second greatest value Phoenix apartment is the 3X2A Model at Ridgewood starting at $2,035 with a $1.43 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.
Oak Grove Estates3 Bed 2.5 Bath3BR,2.5BA$1.26
Ridgewood3X2A3BR,2BA$1.43
Riverwood Apartments2 Bedroom 2 Bath - 1010 sq. ft.2BR,2BA$1.46
Anjou Club Apartment Homes2x12BR,1BA$1.52
Charles Point2 Bedroom 1.5 Bath Apartment2BR,1.5BA$1.73
Smith Crossing Apartments2 Bedroom 1.5 Bath Apartment2BR,1.5BA$1.77
Orchard Glen Estates2 Bedroom 1.5 Bath Apartment2BR,1.5BA$1.58
The JacksonD Building StudioStudio ,1BA$1.37
Valley Pines1 Bedroom1BR,1BA$1.57
Bartlett Street Apartments#131BR,1BA$2.00

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

Explore Phoenix, OR Rentals by Map

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Getting Around Phoenix, OR

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

63 / 100

Bikeable

Some bike infrastructure

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 The Jackson listed at $1,095.

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

The lowest price for a Cheap One Bedroom Phoenix Apartment is $997 at Valley Pines.

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 $1,189 at Valley Pines.

What is the most affordable Phoenix Three Bedroom Apartment?

The best deal on a cheap Phoenix Three Bedroom Apartment rental is at Charles Point and starts from $1,595.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.