Cheap New Apartments for Rent in Phoenix, AZ from $400 (225 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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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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The Common
Built in 2022Studio to 2 Bedroom Apartments

The Common

4225 N 32nd StPhoenix, AZ 85018
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Banyan on Washington
Built in 20231 to 3 Bedroom Apartments

Banyan on Washington

5353 E Washington StPhoenix, AZ 85034
  • Utilities Included
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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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The Riley
Built in 20221 to 2 Bedroom Apartments

The Riley

7725 W Lower Buckeye RdPhoenix, AZ 85043
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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 3 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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Cielo Villas
Built in 20202 Bedroom Apartments

Cielo Villas

15350 N 29th StPhoenix, AZ 85032
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Elevate at Thomas
Built in 2021Studio to 2 Bedroom Apartments

Elevate at Thomas

2420 W Thomas RdPhoenix, AZ 85015
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Rehoboth Place II
Built in 20241 to 2 Bedroom Apartments

Rehoboth Place II

4625 N 27th AvePhoenix, AZ 85017
  • Utilities Included
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Amiya
Rent Specials
$1,321 - $2,210Built in 20201 to 3 Bedroom Apartments Available Now

Amiya

1830 N 145th AveGoodyear, AZ 85395
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Zinc
Rent Specials
$1,343 - $1,909Built in 20181 to 3 Bedroom Apartments Available Now

Zinc

2005 N 103rd AveAvondale, AZ 85392
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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

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.

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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).

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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.

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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.

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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.