close
View Me
Rent Specials
$1,600 - $2,804Built in 2024Studio to 3 Bedroom Apartments Available Now
Halogen
3420 E Bell RdPhoenix, AZ 85032
Cheap New Apartments for Rent in Phoenix, AZ from $500 (319 Rentals) Page 3 of 7
Search the lowest-cost Apartments available for rent right now in Phoenix.
close
View Me
Rent Specials
$1,610 - $4,227Built in 20201 to 3 Bedroom Apartments Available Now
Aerie Happy Valley
1717 W Happy Valley RdPhoenix, AZ 85085
close
View Me
Rent Specials
$1,619 - $3,950Built in 2023Studio to 2 Bedroom Apartments Available Now
Sunela
20600 N 55th StPhoenix, AZ 85054
close
View Me
Rent Specials
$1,620 - $3,980Built in 20181 to 2 Bedroom Apartments Available Now
Axis Camelback
4949 N 7th StPhoenix, AZ 85014
close
View Me
Rent Specials
$1,636 - $3,223Built in 20161 to 2 Bedroom Apartments Available Now
Slate Scottsdale
18220 N 68th StPhoenix, AZ 85054
close
View Me
$1,645 - $2,635Built in 20251 to 3 Bedroom Apartments Available Now
Meritum Sonoran Desert
31700 N 29th AvePhoenix, AZ 85085
close
View Me
Rent Specials
$1,650 - $1,899Built in 20201 Bedroom Apartments Available Dec 22
The Lofts on 7th
2722 N 7th StPhoenix, AZ 85006
close
View Me
Rent Specials
$1,650 - $2,749Built in 20231 to 3 Bedroom Apartments Available Now
Village at Camelback Park
11200 W Camelback RdPhoenix, AZ 85037
close
View Me
Rent Specials
$1,655 - $9,335Built in 2025Studio to 2 Bedroom Apartments Available Now
Maeve Central Station
50 W Van Buren StPhoenix, AZ 85004
close
View Me
Rent Specials
$1,660 - $2,300Built in 20221 to 2 Bedroom Apartments Available Jan 7, 2026
The Clayton on Highland
1206 E Highland AvePhoenix, AZ 85014
close
View Me
Rent Specials
$1,669 - $2,289Built in 20231 to 3 Bedroom Apartments Available Now
The M at Shadow Mountain
2625 E Cactus RdPhoenix, AZ 85032
close
View Me
Rent Specials
$1,670 - $2,635Built in 20171 to 2 Bedroom Apartments Available Now
District at Biltmore Apartments
4600 N 24th StPhoenix, AZ 85016
close
View Me
Rent Specials
$1,676 - $2,990Built in 2019Studio to 2 Bedroom Apartments Available Now
The Ryan
188 E Jefferson StPhoenix, AZ 85004
close
View Me
Rent Specials
$1,693 - $2,152Built in 20241 to 3 Bedroom Apartments Available Now
Solara Vista
5885 S 32nd StPhoenix, AZ 85040
close
View Me
Rent Specials
$1,696 - $2,999Built in 20241 to 3 Bedroom Apartments Available Now
Onyx Uptown PHX
500 W Camelback RdPhoenix, AZ 85013
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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 | $1,317 | $635 | $5,315 |
| Phoenix 1 Bedroom Apartments | $1,528 | $675 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,882 | $649 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,425 | $675 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $2,571 | $695 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $5,749 | $999 | $10,000+ |
Explore Phoenix
Let everyone know!
Do you know the Phoenix area?
If you’re an expert on all things Phoenix, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $675.
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 $4,340.
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 43,113 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 $508 which is $3,832 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
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.