2 Bedroom Apartments for Rent in Phoenix, AZ Under $5,000 (1,716 Rentals)

The Hillburn

Solara Vista

Senara Apartments

Lumara

The Palmer

Rosie

Ascend At Black Canyon
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.

AVE Paradise Valley

Bask Deer Valley

Parc South Mountain

Preston at Biltmore

Heritage Deer Valley

La Serena at Toscana

Cortland Desert Ridge

Cortland at Raven

4127 Arcadia
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.

Sage Apartments

Allegro Apartments

CIRQ 44

Elevation Townhomes

Onyx Uptown PHX

Spire Deer Valley

The Residences on High Street

North Mountain Village

Desert Lakes Apartments

Avilla Vista Norte
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.

ECO PHX

The Views at the Peak

Williams Court

Meritum Sonoran Desert

2121

Village at Bronco Trail
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.

Yardly Broadway

Village at Sonoran Vista

Bloom at Deer Valley

Meritum Sheely Farms

Halogen

Refinery at Pointe17

Lucero

Canopy at The Trails Townhomes

Sol Modern

Village at Liberty Farms

Harwood

Broadstone 7th Street

The Governor
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.
Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Phoenix?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Phoenix Studio Apartments | $1,367 | $420 | $10,000+ |
Phoenix 1 Bedroom Apartments | $1,643 | $650 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,047 | $805 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,609 | $775 | $10,000+ |
Phoenix 4 Bedroom Apartments | $2,202 | $695 | $10,000+ |
Phoenix 5 Bedroom Apartments | $8,709 | $999 | $10,000+ |
Explore Phoenix

Phoenix, AZ Local Guide
- Phoenix Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Getting Around Phoenix, AZ
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 2 Bedroom Phoenix Apartments
What is the Cheapest apartment in Phoenix with 2 Bedroom?
Currently the most affordable 2 Bedroom in Phoenix is at Nightingale on 25th listed at $825.
How much is the average rent for a 2 Bedroom Phoenix Apartment?
The average rent for a 2 Bedroom Apartment in Phoenix is $2,047.
What is the largest available 2 Bedroom Phoenix Apartment for rent?
Today's apartment with the most square footage in Phoenix is a 2,693 square feet unit starting from $4,722 at West 6th.
What is the average size for Phoenix 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Phoenix is currently 1,074 sq ft.
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.

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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.

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.

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.