Cheap New Apartments for Rent in Phoenix, AZ from $400 (232 Rentals) Page 3 of 5

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

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Patriot Square
Built in 20231 to 2 Bedroom Apartments

Patriot Square

640 N 32nd StPhoenix, AZ 85008
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5TH AVE PHX
Built in 2019Studio Apartments

5TH AVE PHX

626 N 5th AvePhoenix, AZ 85003
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The Common
Built in 2022Studio to 2 Bedroom Apartments

The Common

4225 N 32nd StPhoenix, AZ 85018
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2340 E Hidalgo Ave
Built in 20173 Bedroom Apartments

2340 E Hidalgo Ave

2340 E Hidalgo AvePhoenix, AZ 85040
  • Utilities Included
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Mustang Villas
Built in 20232 to 3 Bedroom Apartments

Mustang Villas

5959 W McDowell RdPhoenix, AZ 85035
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Avalon Villas
Built in 20212 to 4 Bedroom Apartments

Avalon Villas

825 W Broadway RdPhoenix, AZ 85041
  • Utilities Included
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7 Melrose
Built in 20192 Bedroom Apartments

7 Melrose

774 W Coolidge StPhoenix, AZ 85013
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425 W Osborn Rd
Built in 2018Studio to 2 Bedroom Apartments

425 W Osborn Rd

425 W Osborn RdPhoenix, AZ 85013
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The Quinn
Built in 2025Studio to 1 Bedroom Apartments

The Quinn

5121 E La Puente AvePhoenix, AZ 85044
  • Utilities Included
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ArLo
Built in 2021Studio to 2 Bedroom Apartments

ArLo

2121 N 44th StPhoenix, AZ 85008
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Luna Bear 94
Built in 20211 to 2 Bedroom Apartments

Luna Bear 94

9000 W Indian School RdPhoenix, AZ 85037
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200 E Thomas Rd
Built in 20171 to 3 Bedroom Apartments

200 E Thomas Rd

200 E Thomas RdPhoenix, AZ 85012
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Banyan on Washington
Built in 20231 to 2 Bedroom Apartments

Banyan on Washington

5353 E Washington StPhoenix, AZ 85034
  • Utilities Included
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Cielo Villas
Built in 20202 Bedroom Apartments

Cielo Villas

15350 N 29th StPhoenix, AZ 85032
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Baseline on 16
Built in 20211 to 3 Bedroom Apartments

Baseline on 16

7450 S 16th StPhoenix, AZ 85042
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Aura Uptown
Built in 2025Studio to 2 Bedroom Apartments

Aura Uptown

225 W Coolidge StPhoenix, AZ 85013
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Rehoboth Place II
Built in 20241 to 2 Bedroom Apartments

Rehoboth Place II

4625 N 27th AvePhoenix, AZ 85017
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Nexa
Rent Specials
from $1,339Built in 2017Studio to 3 Bedroom Apartments Available Now

Nexa

1205-1221 E Apache BlvdTempe, AZ 85281
Furnished
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  • Customer Reviewed
  • Smoke Free
Showing Results 101-150, Page 3 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 $705.

What is the price of a cheap apartment in Phoenix?

The cheapest apartment in Phoenix is Legacy Crossing I & II which is listed at $647, while the average apartment in Phoenix costs $4,620.

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 11,788 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 $331 which is $4,289 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 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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.