
Cheap New Apartments for Rent in Phoenix, AZ from $400 (225 Rentals) Page 4 of 5
Search the lowest-cost Apartments available for rent right now in Phoenix.


The Met at Fashion Center

Metro 101

Hangar at Thunderbird

Alta Avondale

Mera Westgate 55+ Active Adult

The Retreat at Rio Salado

Avari Modern Apartments

Culdesac Tempe

Christopher Todd Communities On Camelback

Cardinal 95

Villas on Olive

Glen 91 | BRAND-NEW, LUXURY APARTMENTS

Mera Goodyear 55+ Active Adult

Abode At Litchfield Park

Trovita Rio

Christopher Todd Communities At Country Place

Prose Desert River

Aura Apache

Las Aguas Apartments

Vero

Onyx at Westgate

RIATA APARTMENTS

Livano Avondale

Nexa

Acero at the Stadium

Avondale Commons

Village at Harvard Crossing

The Lofts at Westgate

The Isabella

Northbend

The Aubrey

Smith & Rio

Agave Ranch

Scottsdale Entrada Apartments

Alexan Tempe

Sienna at South Mountain

MAA Fountainhead

Radia Avondale Station

The Scottsdale Grand

Villas Litchfield Park

Christopher Todd Communities at Stadium

Vlux at Peoria Heights

Village at Paseo de Luces

The Core Scottsdale

Village at Olive Marketplace

Broadstone Scottsdale Quarter

Village at the BLVD

The Tomscot

Lucent Scottsdale
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 | $1,374 | $420 | $10,000+ |
Phoenix 1 Bedroom Apartments | $1,698 | $507 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,108 | $799 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,868 | $775 | $10,000+ |
Phoenix 4 Bedroom Apartments | $3,002 | $695 | $10,000+ |
Phoenix 5 Bedroom Apartments | $13,148 | $999 | $10,000+ |
Explore Phoenix
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 $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.

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).

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.

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.

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.