
Cheap New Apartments for Rent in Phoenix, AZ from $500 (319 Rentals) Page 5 of 7
Search the lowest-cost Apartments available for rent right now in Phoenix.


Sol38 by Liv

Copper Falls

Total Monthly Price
Broadstone Westgate

Zinc

Total Monthly Price
Radia Avondale Station

Metro 101

Avari Modern Apartments

Obsidian on Glendale

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Broadstone Ascend

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Alta Goodyear

Parc Roundtree Ranch

Avondale Commons

RIATA APARTMENTS

Nexa

Glen 91 | BRAND-NEW, LUXURY APARTMENTS

Cuvee Apartments

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Prose Desert River

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Alta Avondale

Village at Skyline Ranch

Nollie

Amberlin Arrowhead 55+ Active Adult

Parc Lofts

The Retreat at Rio Salado

Agave Ranch Modern Apartments

Acero at the Stadium

The Core Scottsdale

Velaire at Aspera

Northbend

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Marlowe Peoria Place

The Pomeroy

Mera Goodyear 55+ Active Adult

Hangar at Thunderbird

Total Monthly Price
Aura Apache

Norte Town Lake Apartments

Huxley Scottsdale

Livano Avondale

Scottsdale Entrada Apartments

Mera Westgate 55+ Active Adult

Total Monthly Price
Amiya

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The Met at Fashion Center

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The Lofts at Westgate

Village at Olive Marketplace

Village at Pioneer Park

Village at the Blvd

Village at Paseo de Luces

Village at Harvard Crossing

Las Aguas Apartments

Hudson on Farmer

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1980 E Broadway Rd, Unit 1 Bedroom Apartment for r
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 | $1,310 | $595 | $4,162 |
| Phoenix 1 Bedroom Apartments | $1,540 | $507 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,918 | $631 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,570 | $730 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $3,117 | $725 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $9,765 | $720 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $13,029 | $3,800 | $10,000+ |
Explore Phoenix
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 $688.
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 $5,479.
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 36,705 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 $595 which is $4,884 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.