
Cheap New Apartments for Rent in Phoenix, AZ from $500 (307 Rentals) Page 3 of 7
Search the lowest-cost Apartments available for rent right now in Phoenix.


Total Monthly Price
Sunela

Bloom at Deer Valley

Total Monthly Price
Montreux

Total Monthly Price
Broadstone 7th Street

LINQ at South Mountain

AVE Paradise Valley

Total Monthly Price
Aerie Happy Valley

Village at Camelback Park

AVE Phoenix Terra

Maeve Central Station

Rosewood Court

The Revello

Osborn Pointe

Copper Stone on 32nd

19 West Apartments

Rehoboth Place II

The Cove

2124 W Turney Ave

Sunland Flats

Arcadia Lofts

The Charleston

Harmony at the Park

Patriot Square

The Astor at Osborn

Lynne Village Apartments

Art on Highland

La Vie

Dahlia Village

Residences at Falcon Park

3031 W Northern Ave

Proxy 333

Banyan on Washington

5TH AVE PHX

Avilla Camelback Ranch

The Riley

2340 E Hidalgo Ave

Adams Place

TerraLane Park McDowell

Mustang Villas

The Common

400 N 2nd Ave

Avilla Gateway

7 Melrose

The Logan at Deer Valley

The Logan at Osborn

Escape

Avalon Villas

425 W Osborn Rd

Legacy at Laveen
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 | $1,341 | $599 | $4,063 |
| Phoenix 1 Bedroom Apartments | $1,573 | $675 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,921 | $649 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,464 | $675 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $2,753 | $750 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $7,319 | $999 | $10,000+ |
Explore Phoenix
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 LUMINA ON 19th APARTMENTS listed at $623.
How much is rent for a Cheap One Bedroom Phoenix Apartment?
The lowest price for a Cheap One Bedroom Phoenix Apartment is $647 at Legacy Crossing I & II.
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 $694 at Centerline on Glendale Phase II.
What is the most affordable Phoenix Three Bedroom Apartment?
The best deal on a cheap Phoenix Three Bedroom Apartment rental is at Legacy Crossing I & II and starts from $639.
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

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).

Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Written by: Andrew Jollett
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.

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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.