Cheap New Apartments for Rent in Phoenix, AZ from $400 (225 Rentals) Page 2 of 5

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Read Article
close
View Me
ECO PHX
Rent Specials
$1,545 - $3,600Built in 2025Studio to 2 Bedroom Apartments Available Now

ECO PHX

301 W Roosevelt StPhoenix, AZ 85003
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Rosewood Court
Built in 20181 to 3 Bedroom Apartments

Rosewood Court

5104 N 16th AvePhoenix, AZ 85015
close
View Me
The Revello
Built in 20201 to 2 Bedroom Apartments

The Revello

1600 W Camelback RdPhoenix, AZ 85015
Senior Living
  • Utilities Included
close
View Me
Osborn Pointe
Built in 20251 Bedroom Apartments

Osborn Pointe

3406 N 3rd StPhoenix, AZ 85012
Senior Living
  • Utilities Included
close
View Me
Copper Stone on 32nd
Built in 20202 Bedroom Apartments

Copper Stone on 32nd

3255 E Roosevelt StPhoenix, AZ 85008
close
View Me
2124 W Turney Ave
Built in 20231 Bedroom Apartments

2124 W Turney Ave

2124 W Turney AvePhoenix, AZ 85015
  • Utilities Included
close
View Me
Sunland Flats
Built in 20242 to 3 Bedroom Apartments

Sunland Flats

225 W Sunland AvePhoenix, AZ 85041
close
View Me
Atrium Lofts
Built in 20221 to 2 Bedroom Apartments

Atrium Lofts

3644 E McDowell RdPhoenix, AZ 85008
  • Utilities Included
close
View Me
Harmony at the Park
Built in 20231 to 2 Bedroom Apartments

Harmony at the Park

1950 E Polk StPhoenix, AZ 85006
  • Utilities Included
Showing Results 51-100, Page 2 of 5

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 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 $700.

What is the price of a cheap apartment in Phoenix?

The cheapest apartment in Phoenix is Garfield Terrace II which is listed at $507, while the average apartment in Phoenix costs $4,292.

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 14,985 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 $375 which is $3,917 cheaper than the average rent for all rentals in Phoenix.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.