Cheap New Apartments for Rent in Phoenix, AZ from $500 (306 Rentals) Page 4 of 7

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

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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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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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1933 E Monroe St
Built in 20201 Bedroom Apartments

1933 E Monroe St

1933 E Monroe StPhoenix, AZ 85034
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Arts District
Built in 2017Studio to 2 Bedroom Apartments

Arts District

222 E McDowell RdPhoenix, 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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Roosevelt Row
Built in 2018Studio to 3 Bedroom Apartments

Roosevelt Row

330 E Roosevelt StPhoenix, AZ 85004
Student Housing
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Williams Court
Built in 20252 Bedroom Apartments

Williams Court

3021 W Williams DrPhoenix, AZ 85027
  • Utilities Included
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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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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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Moontower Phoenix
Built in 2023Studio to 2 Bedroom Apartments

Moontower Phoenix

811 N 3rd StPhoenix, AZ 85004
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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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Cielo Villas
Built in 20202 Bedroom Apartments

Cielo Villas

15350 N 29th StPhoenix, AZ 85032
Student Housing
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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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Senita on Cave Creek
Built in 20181 to 3 Bedroom Apartments

Senita on Cave Creek

23555 N Desert Peak PkyPhoenix, AZ 85024
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Cabana Aldea
Rent Specials
$1,007 - $1,634
Total Monthly Price

Total Monthly Price

Base Rent
$948 - $1,575
Required Monthly Fees
$59
Total Monthly Price
$1,007 - $1,634
Built in 2025Studio to 2 Bedroom Apartments Available Now

Cabana Aldea

9910 W Montebello AveGlendale, AZ 85307
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Broadstone Westgate
Rent Specials
$1,284 - $2,864
Total Monthly Price

Total Monthly Price

Base Rent
$1,194 - $2,774
Required Monthly Fees
$90
Total Monthly Price
$1,284 - $2,864
Built in 2024Studio to 2 Bedroom Apartments Available Now

Broadstone Westgate

6851 N 93rd AveGlendale, AZ 85305
Eco-Friendly
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The 89 on Hayden Apartments
Rent Specials
$1,295 - $1,532
Total Monthly Price

Total Monthly Price

Base Rent
$1,259 - $1,496
Required Monthly Fees
$36
Total Monthly Price
$1,295 - $1,532
Built in 2020Studio to 2 Bedroom Apartments Available Now

The 89 on Hayden Apartments

2240 N Hayden RdScottsdale, AZ 85257
Furnished
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Nexa
Rent Specials
$1,299 - $2,949
Total Monthly Price

Total Monthly Price

Base Rent
$1,249 - $2,899
Required Monthly Fees
$50
Total Monthly Price
$1,299 - $2,949
Built in 2017Studio to 3 Bedroom Apartments Available Now

Nexa

1205-1221 E Apache BlvdTempe, AZ 85281
Student Housing
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Zinc
Rent Specials
$1,301 - $2,059Built in 20181 to 3 Bedroom Apartments Available Now

Zinc

2005 N 103rd AveAvondale, AZ 85392
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
Showing Results 151-200, Page 4 of 7

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 $699.

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 $5,512.

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 46,988 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 $543 which is $4,969 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

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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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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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

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.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.