Cheap New Apartments for Rent in Phoenix, AZ from $609 (355 Rentals) Page 4 of 8

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

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Avilla Camelback Ranch
Built in 20181 to 3 Bedroom Apartments

Avilla Camelback Ranch

10770 W Highland AvePhoenix, AZ 85037
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Dahlia Village
Built in 20251 to 4 Bedroom Apartments

Dahlia Village

3620 S 12th StPhoenix, AZ 85040
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Banyan on Washington
Built in 2022Studio to 3 Bedroom Apartments

Banyan on Washington

5353 E Washington StPhoenix, AZ 85034
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Cabana North Valley
Built in 2025Studio to 2 Bedroom Apartments

Cabana North Valley

33455 N North Vly PkwyPhoenix, AZ 85085
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Art on Highland
Built in 2017Studio to 2 Bedroom Apartments

Art on Highland

4626 N 16th StPhoenix, AZ 85016
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Acacia Heights
Built in 2022Studio to 2 Bedroom Apartments

Acacia Heights

615 W Pierson StPhoenix, AZ 85013
Senior Living
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Adams Place
Built in 20252 Bedroom Apartments

Adams Place

2121 W Adams StPhoenix, AZ 85009
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2340 E Hidalgo Ave
Built in 20171 to 3 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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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ArLo
Built in 2021Studio to 2 Bedroom Apartments

ArLo

2121 N 44th StPhoenix, AZ 85008
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The Riley
Built in 20221 to 2 Bedroom Apartments

The Riley

7725 W Lower Buckeye RdPhoenix, AZ 85043
Corporate Housing
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7 Melrose
Built in 20192 Bedroom Apartments

7 Melrose

774 W Coolidge StPhoenix, AZ 85013
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The Astor  at Osborn
Built in 2019Studio to 3 Bedroom Apartments

The Astor at Osborn

3300 N 7th AvePhoenix, AZ 85013
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PURE Midtown
Built in 2018Studio to 2 Bedroom Apartments

PURE Midtown

425 W Osborn RdPhoenix, AZ 85013
Student Housing
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Deer Valley 24
Built in 20242 to 3 Bedroom Apartments

Deer Valley 24

21606 N 23rd AvePhoenix, AZ 85027
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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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1933 E Monroe St
Built in 20201 Bedroom Apartments

1933 E Monroe St

1933 E Monroe StPhoenix, AZ 85034
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Avilla Gateway
Built in 20201 to 3 Bedroom Apartments

Avilla Gateway

9950 W Indian School RdPhoenix, AZ 85037
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Escape
Built in 2016Studio to 2 Bedroom Apartments

Escape

4700 N 16th StPhoenix, AZ 85016
Student Housing
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Mezzo Desert Ridge
Built in 20261 to 3 Bedroom Apartments

Mezzo Desert Ridge

20345 N 56th StPhoenix, AZ 85054
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Azola Desert Ridge
Built in 20261 to 3 Bedroom Apartments

Azola Desert Ridge

20400 N 56th StPhoenix, AZ 85054
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Aerie Happy Valley
Built in 20201 to 3 Bedroom Apartments

Aerie Happy Valley

1717 W Happy Valley RdPhoenix, AZ 85085
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Avilla Deer Valley
Built in 20181 to 3 Bedroom Apartments

Avilla Deer Valley

23700 N 23rd AvePhoenix, AZ 85085
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Camden North End
Built in 2018Studio to 3 Bedroom Apartments

Camden North End

6800 E Mayo BlvdPhoenix, AZ 85054
  • Utilities Included
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Roosevelt Row
Built in 2018Studio to 3 Bedroom Apartments

Roosevelt Row

330 E Roosevelt StPhoenix, AZ 85004
Student Housing
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Cielo Villas
Built in 20202 Bedroom Apartments

Cielo Villas

15350 N 29th StPhoenix, AZ 85032
Student Housing
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The Rey Downtown
Built in 20221 to 2 Bedroom Apartments

The Rey Downtown

400 N 2nd AvePhoenix, AZ 85003
Student Housing
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Moontower Phoenix
Built in 2023Studio to 2 Bedroom Apartments

Moontower Phoenix

811 N 3rd StPhoenix, AZ 85004
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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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Avilla Canyon
Built in 20231 to 3 Bedroom Apartments

Avilla Canyon

27777 N Black Canyon HwyPhoenix, AZ 85083
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Stone View on Central
Built in 20232 to 4 Bedroom Apartments

Stone View on Central

8350 S Central AvePhoenix, AZ 85042
Corporate Housing
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Avilla Vista Norte
Built in 20251 to 3 Bedroom Apartments

Avilla Vista Norte

43843 N 43rd DrPhoenix, AZ 85087
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Legacy at Laveen
Built in 20251 to 3 Bedroom Apartments

Legacy at Laveen

6500 S 35th AvePhoenix, AZ 85041
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Zen On 50
Built in 20182 to 3 Bedroom Apartments

Zen On 50

2015 N 50th StPhoenix, AZ 85008
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The Tailor
Built in 20251 Bedroom Apartments

The Tailor

1022 East Polk StreetPhoenix, AZ 85006
Corporate Housing
  • Utilities Included
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Cabana Aldea
$974 - $1,679

Total Monthly Price

Base Rent$974 - $1,679

Total Monthly PriceVaries
Built in 2025Studio to 2 Bedroom Apartments Available Soon

Cabana Aldea

9910 W Montebello AveGlendale, AZ 85307
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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 $682.

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 $1,622.

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 32,035 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 $601 which is $1,021 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

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Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips

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Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

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Articles, How-To's, and Tips

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.