
Cheap New Apartments for Rent in Phoenix, AZ from $400 (243 Rentals) Page 4 of 5
Search the lowest-cost Apartments available for rent right now in Phoenix.


Parc Roundtree Ranch

Cuvee Apartments

The Place at Santana Village

RIATA APARTMENTS

Nexa

Broadstone Westgate

Lucent Scottsdale

Mera Westgate 55+ Active Adult

Zinc

Prose Desert River

Palm Valley Villas

Christopher Todd Communities at Stadium

The 89 on Hayden Apartments

Alta Avondale

Avari Modern Apartments

Escape at Arrowhead

Metro 101

Broadstone Scottsdale Quarter

Glen 91 | BRAND-NEW, LUXURY APARTMENTS

Parc Lofts

Marlowe Peoria Place

The Lofts at Westgate

Nollie

The Pomeroy

Amberlin Arrowhead 55+ Active Adult

Sienna at South Mountain

MAA Fountainhead

Mera Goodyear 55+ Active Adult

Village at Olive Marketplace

Acero at the Stadium

Culdesac Tempe

Amiya

Aura Apache

Las Aguas Apartments

Moderne at Roosevelt

Vlux at Sunset Farms

Livano Avondale

Avondale Commons

Northbend

Christopher Todd Communities On Camelback

The Met at Fashion Center

Villas on Olive

Onyx at Westgate

Agave Ranch

Volta on Broadway

Cardinal 95

Norte Town Lake

Hangar at Thunderbird

The Aubrey
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 | $1,418 | $420 | $6,700 |
Phoenix 1 Bedroom Apartments | $1,652 | $670 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,061 | $799 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,526 | $775 | $10,000+ |
Phoenix 4 Bedroom Apartments | $2,350 | $699 | $10,000+ |
Phoenix 5 Bedroom Apartments | $4,387 | $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 $705.
What is the price of a cheap apartment in Phoenix?
The cheapest apartment in Phoenix is Legacy Crossing I & II which is listed at $647, while the average apartment in Phoenix costs $4,620.
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 11,788 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 $331 which is $4,289 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).

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.