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Built in 20231 to 2 Bedroom Apartments
TerraLane Park McDowell
2250 N 95th AvePhoenix, AZ 85037
Cheap New Apartments for Rent in Phoenix, AZ from $500 (325 Rentals) Page 4 of 7
Search the lowest-cost Apartments available for rent right now in Phoenix.
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Built in 20192 Bedroom Apartments
7 Melrose
774 W Coolidge StPhoenix, AZ 85013
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Built in 20212 to 4 Bedroom Apartments
Avalon Villas
825 W Broadway RdPhoenix, AZ 85041
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Built in 2018Studio to 2 Bedroom Apartments
PURE Midtown
425 W Osborn RdPhoenix, AZ 85013
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Built in 20221 to 2 Bedroom Apartments
The Riley
7725 W Lower Buckeye RdPhoenix, AZ 85043
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Built in 20242 to 3 Bedroom Apartments
Deer Valley 24
21606 N 23rd AvePhoenix, AZ 85027
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Built in 20201 to 3 Bedroom Apartments
Avilla Gateway
9950 W Indian School RdPhoenix, AZ 85037
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Built in 20211 to 3 Bedroom Apartments
Luna Bear 94
9000 W Indian School RdPhoenix, AZ 85037
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Built in 2018Studio to 3 Bedroom Apartments
Roosevelt Row
330 E Roosevelt StPhoenix, AZ 85004
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Built in 20181 to 3 Bedroom Apartments
Avilla Camelback Ranch
10770 W Highland AvePhoenix, AZ 85037
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Built in 20171 to 3 Bedroom Apartments
The Thomas at Midtown
200 E Thomas RdPhoenix, AZ 85012
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Built in 20221 to 3 Bedroom Apartments
Brix Warehouse District
402 W Lincoln StPhoenix, AZ 85003
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Built in 20201 Bedroom Apartments
1933 E Monroe St
1933 E Monroe StPhoenix, AZ 85034
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Built in 20251 to 3 Bedroom Apartments
Avilla Vista Norte
43843 N 43rd DrPhoenix, AZ 85087
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Built in 2016Studio to 2 Bedroom Apartments
Escape
4700 N 16th StPhoenix, AZ 85016
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Built in 20261 to 3 Bedroom Apartments
Azola Desert Ridge
20400 N 56th StPhoenix, AZ 85054
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Built in 2022Studio to 2 Bedroom Apartments
4-Square Phoenix - fully furnished rentals!
4711 N 14th StPhoenix, AZ 85014
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Built in 20181 to 3 Bedroom Apartments
Avilla Deer Valley
23700 N 23rd AvePhoenix, AZ 85085
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Built in 2018Studio to 3 Bedroom Apartments
Camden North End
6800 E Mayo BlvdPhoenix, AZ 85054
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Built in 20202 Bedroom Apartments
Cielo Villas
15350 N 29th StPhoenix, AZ 85032
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Built in 20211 to 3 Bedroom Apartments
Baseline on 16
7450 S 16th StPhoenix, AZ 85042
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Built in 20232 to 4 Bedroom Apartments
Stone View on Dobbins
11 E DobbinsPhoenix, AZ 85042
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Built in 20231 to 3 Bedroom Apartments
Avilla Canyon
27777 N Black Canyon HwyPhoenix, AZ 85083
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Built in 20232 to 4 Bedroom Apartments
Stone View on Central
8350 S Central AvePhoenix, AZ 85042
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Built in 20221 to 2 Bedroom Apartments
The Rey Downtown
400 N 2nd AvePhoenix, AZ 85003
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Built in 20231 to 3 Bedroom Apartments
The M at Shadow Mountain
2625 E Cactus RdPhoenix, AZ 85032
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Built in 2023Studio to 2 Bedroom Apartments
Moontower Phoenix
811 N 3rd StPhoenix, AZ 85004
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Built in 20181 to 3 Bedroom Apartments
Senita on Cave Creek
23555 N Desert Peak PkyPhoenix, AZ 85024
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Built in 20241 to 3 Bedroom Apartments
Legacy at Laveen
6500 S 35th AvePhoenix, AZ 85041
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Rent Specials
$874 - $1,379Built in 2025Studio to 2 Bedroom Apartments Available Now
Streamliner Aldea
5900 N 99th AveGlendale, AZ 85305
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Rent Specials
$933 - $1,200Built in 2023Studio to 1 Bedroom Apartments Available Jun 12
The Mod at Mills
5300 S Priest DrTempe, AZ 85283
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Rent Specials
$935 - $1,519Built in 2025Studio to 2 Bedroom Apartments Available Now
Streamliner 87th
8757 W Peoria AvePeoria, AZ 85345
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$958 - $1,689
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Built in 2025Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$958 - $1,689
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Cabana Aldea
9910 W Montebello AveGlendale, AZ 85307
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Rent Specials
$1,048 - $1,799Built in 2026Studio to 3 Bedroom Apartments Available Now
FLATZ 623
11850 W Fillmore StAvondale, AZ 85323
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Rent Specials
$1,075 - $1,590Built in 2021Studio to 2 Bedroom Apartments Available Now
The Lotus
10000 W Missouri AveGlendale, AZ 85307
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$1,099 - $1,900Built in 2022Studio to 2 Bedroom Apartments Available Now
Sunset View
2323 N 150th DrGoodyear, AZ 85395
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$1,129 - $1,595Built in 20251 to 3 Bedroom Apartments Available Now
Unity at Glendale
4751 W Glendale AveGlendale, AZ 85301
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$1,145 - $1,399
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Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,145 - $1,399
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Cabana Bullard
14780 W Van Buren StGoodyear, AZ 85338
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Rent Specials
$1,170 - $2,351Built in 20241 to 3 Bedroom Apartments Available Now
Centerline on Glendale Phase II
6775 N 67TH AveGlendale, AZ 85301
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Rent Specials
$1,175 - $2,120Built in 2018Studio to 3 Bedroom Apartments Available Now
Evolution at Estrella Falls
15361 W Virginia AveGoodyear, AZ 85395
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Rent Specials
$1,200 - $1,899Built in 2024Studio to 2 Bedroom Apartments Available Jul 1
The Isabella
15431 N 67th AveGlendale, AZ 85306
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Rent Specials
$1,215 - $1,648Built in 20251 to 3 Bedroom Apartments Available Now
67 Flats
6856 W Maryland AveGlendale, AZ 85303
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Rent Specials
$1,223 - $1,683Built in 20261 to 3 Bedroom Apartments Available Now
Juniper Square 55+ Apartments
6504 N 67th AveGlendale, AZ 85301
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Rent Specials
$1,233 - $2,132Built in 20171 to 3 Bedroom Apartments Available Now
Skye at McClintock Station
1831 E Apache BlvdTempe, AZ 85281
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Rent Specials
$1,237 - $1,787
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Built in 20231 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,237 - $1,787
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Prose Desert River
7430 N 100th AveGlendale, AZ 85305
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Rent Specials
$1,238 - $1,789Built in 2026Studio to 2 Bedroom Apartments Available Now
Cabana Kyrene
515 W Guadalupe RdTempe, AZ 85283
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Rent Specials
$1,243 - $2,510Built in 20221 to 3 Bedroom Apartments Available Now
Sentio
3600 W Happy Valley RdGlendale, AZ 85310
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Rent Specials
$1,250 - $2,510Built in 20191 to 2 Bedroom Apartments Available Now
RIATA APARTMENTS
100 N Hearthstone WayChandler, AZ 85226
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Rent Specials
$1,265 - $1,956Built in 20261 to 4 Bedroom Apartments Available Now
Acacia at Youngtown
11600 W Peoria AveYoungtown, AZ 85363
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$1,273 - $1,944Built in 20201 to 3 Bedroom Apartments Available Now
Copper Falls
5151 N 95th AveGlendale, AZ 85305
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 | $1,335 | $595 | $3,806 |
| Phoenix 1 Bedroom Apartments | $1,552 | $507 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,932 | $631 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,516 | $730 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $3,009 | $725 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $5,392 | $720 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $7,060 | $3,800 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $699.
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 $4,128.
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 34,321 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 $605 which is $3,523 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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.