Cheap New Apartments for Rent in Phoenix, AZ from $400 (225 Rentals) Page 5 of 5

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

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Vitri
Rent Specials
$1,595 - $10,000Built in 2019Studio to 3 Bedroom Apartments Available Now

Vitri

15125 N Scottsdale RdScottsdale, AZ 85254
Affordability
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Madison Heights
Built in 20161 Bedroom Apartments

Madison Heights

1110 N Dysart StAvondale, AZ 85323
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Norton Circle Apartments
Built in 20241 to 3 Bedroom Apartments

Norton Circle Apartments

551 W Norton StAvondale, AZ 85323
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Valor on Eighth
Built in 20181 to 3 Bedroom Apartments

Valor on Eighth

1001 E 8th StTempe, AZ 85281
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1620 E Apache Blvd
Built in 2023Studio to 1 Bedroom Apartments

1620 E Apache Blvd

1620 E Apache BlvdTempe, AZ 85281
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Nacona
Built in 20231 to 3 Bedroom Apartments

Nacona

8772 N 67th AveGlendale, AZ 85302
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Summerly at Zanjero
Built in 20181 to 3 Bedroom Apartments

Summerly at Zanjero

7375 N Zanjero BlvdGlendale, AZ 85305
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59 Evergreen
Built in 20221 to 3 Bedroom Apartments

59 Evergreen

8450 N 59th AveGlendale, AZ 85302
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The Somerset
Built in 2025Studio to 3 Bedroom Apartments

The Somerset

7811 N 99th AveGlendale, AZ 85305
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The Nines at Kierland
Built in 20211 to 3 Bedroom Apartments

The Nines at Kierland

15600 N 71st StScottsdale, AZ 85254
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Emerson Mill Avenue
Built in 2015Studio to 2 Bedroom Apartments

Emerson Mill Avenue

101 W 5th StTempe, AZ 85281
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Granada Lakes
Built in 20202 Bedroom Apartments

Granada Lakes

5701 S Rural RdTempe, AZ 85283
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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

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.

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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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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.

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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.

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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.