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$1,339 - $2,531Built in 2019Studio to 2 Bedroom Apartments Available Now
Circa Central Avenue
1505 N Central AvePhoenix, AZ 85004
Cheap New Apartments for Rent in Phoenix, AZ from $609 (355 Rentals) Page 2 of 8
Search the lowest-cost Apartments available for rent right now in Phoenix.
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Rent Specials
$1,345 - $3,170
Total Monthly Price
Base Rent$1,345 - $3,170
Total Monthly PriceVaries
Bask Deer Valley
26800 N 27th AvePhoenix, AZ 85085
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Rent Specials
$1,349 - $2,183Built in 20191 to 3 Bedroom Apartments Available Now
Parc South Mountain
3400 E Southern AvePhoenix, AZ 85040
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Rent Specials
$1,360 - $2,706
Total Monthly Price
Base Rent$1,360 - $2,706
Total Monthly PriceVaries
Peak 16
5151 N 16th StPhoenix, AZ 85016
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Rent Specials
$1,361 - $2,124Built in 20211 to 3 Bedroom Apartments Available Now
Palms Luxury Apartments
1100 E Bell RdPhoenix, AZ 85022
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Rent Specials
$1,363 - $2,709Built in 20161 to 3 Bedroom Apartments Available Now
Audere Apartments
1920 E Indian School RdPhoenix, AZ 85016
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Rent Specials
$1,365 - $2,375Built in 2017Studio to 2 Bedroom Apartments Available Now
Arts District Apartments
222 E McDowell RdPhoenix, AZ 85004
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Rent Specials
$1,381 - $5,696
Total Monthly Price
Base Rent$1,381 - $5,696
Total Monthly PriceVaries
Skye on 6th
817 N 6th StPhoenix, AZ 85004
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Rent Specials
$1,388 - $3,260
Total Monthly Price
Base Rent$1,388 - $3,260
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Alta 99th
4411 N 99th AvePhoenix, AZ 85037
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Rent Specials
$1,395 - $2,558Built in 2019Studio to 3 Bedroom Apartments Available Now
The Logan at Osborn
240 W Osborn RdPhoenix, AZ 85013
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
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$1,395 - $1,525Built in 2026Studio to 1 Bedroom Apartments Available Now
The Quinn Apartments
5121 E La Puente AvePhoenix, AZ 85044
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Rent Specials
$1,395 - $2,839Built in 2023Studio to 2 Bedroom Apartments Available Now
Blume on Central
3883 N Central AvePhoenix, AZ 85012
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$1,399 - $2,326Built in 20201 to 3 Bedroom Apartments Available Now
The Logan at Deer Valley
3425 W Deer Valley DrPhoenix, AZ 85027
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Rent Specials
$1,399 - $2,474
Total Monthly Price
Base Rent$1,399 - $2,474
Total Monthly Price$1,399 - $2,474
Spire Deer Valley
24100 N 19th AvePhoenix, AZ 85085
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$1,400 - $1,500Built in 20252 Bedroom Apartments Available Now
Williams Court
3021 W Williams DrPhoenix, AZ 85027
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Rent Specials
$1,403 - $2,528Built in 2020Studio to 2 Bedroom Apartments Available Now
MAA Midtown Phoenix
400 E Earll DrPhoenix, AZ 85012
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Rent Specials
$1,409 - $1,979
Total Monthly Price
Base Rent$1,409 - $1,979
Total Monthly Price$1,409 - $1,979
Black Canyon
28201 N Black Canyon HwyPhoenix, AZ 85085
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Rent Specials
$1,410 - $2,119
Total Monthly Price
Base Rent$1,410 - $2,119
Total Monthly Price$1,410 - $2,119
Lucero Apartments
9275 N 29th AvePhoenix, AZ 85051
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$1,411 - $4,135Built in 2020Studio to 2 Bedroom Apartments Available Now
The McKinley
280 W McKinley StPhoenix, AZ 85003
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Rent Specials
$1,425 - $2,705Built in 2021Studio to 2 Bedroom Apartments Available Now
Lydian
1314 N 3rd StPhoenix, AZ 85004
First Apartment Regrets: Real Renters Share What They'd Do Differently
Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.
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$1,433 - $3,718
Total Monthly Price
Base Rent$1,433 - $3,718
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The Battery
411 S 3rd StPhoenix, AZ 85004
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Rent Specials
$1,435 - $2,664Built in 20241 to 3 Bedroom Apartments Available Now
Meritum Sheely Farms
2121 N 99th AvePhoenix, AZ 85037
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Rent Specials
$1,435 - $4,550Built in 2024Studio to 3 Bedroom Apartments Available Now
PALMtower
440 E Van Buren StPhoenix, AZ 85004
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Rent Specials
$1,440 - $2,737Built in 20211 to 3 Bedroom Apartments Available Now
Acero at Algodon Center
3223 N Algodon WayPhoenix, AZ 85037
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Rent Specials
$1,448 - $5,863Built in 20181 to 3 Bedroom Apartments Available Now
The Place at Sonoran Trails
28000 N North Valley PkyPhoenix, AZ 85085
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Rent Specials
$1,455 - $2,487Built in 20201 to 3 Bedroom Apartments Available Now
Acero North Valley
33500 N North Valley PkyPhoenix, AZ 85085
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Rent Specials
$1,455 - $4,155Built in 2024Studio to 3 Bedroom Apartments Available Now
Liv+ Union Peak
25400 N 21st AvePhoenix, AZ 85085
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Rent Specials
$1,455 - $3,250
Total Monthly Price
Base Rent$1,455 - $3,250
Total Monthly PriceVaries
Rosie
625 N 2nd AvePhoenix, AZ 85003
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Rent Specials
$1,471 - $2,476
Total Monthly Price
Base Rent$1,471 - $2,476
Total Monthly Price$1,471 - $2,476
Alloy Midtown
3010 N 2nd StPhoenix, AZ 85012
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$1,479 - $5,421Built in 20231 to 2 Bedroom Apartments Available Now
The Crofton
9200 W McDowell RdPhoenix, AZ 85037
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Rent Specials
$1,480 - $2,920
Total Monthly Price
Base Rent$1,480 - $2,920
Total Monthly PriceVaries
Bungalows at Norterra
1815 W Parsons RdPhoenix, AZ 85085
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$1,481 - $6,491
Total Monthly Price
Base Rent$1,481 - $6,491
Total Monthly PriceVaries
Market & Main
5727 N 7th StPhoenix, AZ 85014
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$1,484 - $5,086
Total Monthly Price
Base Rent$1,484 - $5,086
Total Monthly PriceVaries
Halogen
3420 E Bell RdPhoenix, AZ 85032
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$1,488 - $2,298
Total Monthly Price
Base Rent$1,488 - $2,298
Total Monthly PriceVaries
Aura Uptown
201 W Coolidge StPhoenix, AZ 85013
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$1,495 - $2,599Built in 20231 to 3 Bedroom Apartments Available Now
Village at Camelback Park
11200 W Camelback RdPhoenix, AZ 85037
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Rent Specials
$1,495 - $2,225Built in 20251 to 2 Bedroom Apartments Available Now
ASA Midtown
1110 E Turney AvePhoenix, AZ 85014
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Rent Specials
$1,502 - $2,763Built in 20251 to 2 Bedroom Apartments Available Now
Seven Oaks
2332 N 7th StPhoenix, AZ 85006
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Rent Specials
$1,507 - $4,904Built in 2025Studio to 2 Bedroom Apartments Available Now
Maeve Central Station
50 W Van Buren StPhoenix, AZ 85004
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Rent Specials
$1,512 - $2,873Built in 2023Studio to 2 Bedroom Apartments Available Now
Aspire Park Central
100 W Catalina DrPhoenix, AZ 85013
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Rent Specials
$1,520 - $2,774Built in 20231 to 2 Bedroom Apartments Available Now
Hangar 44
1000 N 44th StPhoenix, AZ 85008
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Rent Specials
$1,529 - $3,839
Total Monthly Price
Base Rent$1,529 - $3,839
Total Monthly PriceVaries
Axis Camelback
4949 N 7th StPhoenix, AZ 85014
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$1,550 - $1,850Built in 20242 to 3 Bedroom Apartments Available Soon
The Reserve at Thunderbird
13404 N 30th AvePhoenix, AZ 85053
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Rent Specials
$1,550 - $2,452Built in 20201 to 3 Bedroom Apartments Available Now
The Logan at Jomax
27441 N Black Canyon HwyPhoenix, AZ 85085
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Rent Specials
$1,557 - $2,477Built in 20251 to 3 Bedroom Apartments Available Now
Marq Bronco Butte
31925 N 29th AvePhoenix, AZ 85085
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$1,565 - $3,606Built in 20161 to 2 Bedroom Apartments Available Now
Linear Apartment Homes
295 E Roosevelt StPhoenix, AZ 85004
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Rent Specials
$1,566 - $1,987
Total Monthly Price
Base Rent$1,566 - $1,987
Total Monthly PriceVaries
Yardly Algodon
4000 N 91st AvePhoenix, AZ 85037
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Rent Specials
$1,567 - $2,379
Total Monthly Price
Base Rent$1,567 - $2,379
Total Monthly PriceVaries
Solara Vista
5885 S 32nd StPhoenix, AZ 85040
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Rent Specials
$1,575 - $3,217Built in 20201 to 3 Bedroom Apartments Available Now
Onyx North Central
777 E Stella LnPhoenix, AZ 85014
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Rent Specials
$1,579 - $2,374Built in 2024Studio to 2 Bedroom Apartments Available Now
Echo Biltmore
1720 E Camelback RdPhoenix, AZ 85016
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Rent Specials
$1,582 - $4,069
Total Monthly Price
Base Rent$1,582 - $4,069
Total Monthly PriceVaries
The Ryan
188 E Jefferson StPhoenix, AZ 85004
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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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 | $1,332 | $609 | $5,070 |
| Phoenix 1 Bedroom Apartments | $1,561 | $659 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,907 | $749 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,568 | $775 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $5,837 | $650 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $12,898 | $875 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $19,307 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Frequently Asked Questions about Cheap Phoenix Apartments
What is a cheap apartment in Phoenix?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Phoenix is under $682.
What is the price of a cheap apartment in Phoenix?
The cheapest apartment in Phoenix is Garfield Terrace which is listed at $507, while the average apartment in Phoenix costs $1,622.
What types of apartments are the cheapest in Phoenix?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32,035 regular apartments in Phoenix that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Phoenix?
Cheap apartments in Phoenix have an average cost of $601 which is $1,021 cheaper than the average rent for all rentals in Phoenix.
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.
Helpful Local Expert Guides
From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
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I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.
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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Written by: Andrew Jollett
Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.
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How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.