Cheap New Apartments for Rent in Phoenix, AZ from $400 (243 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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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
  • Utilities Included
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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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Avilla Lehi Crossing
Built in 20181 to 3 Bedroom Apartments

Avilla Lehi Crossing

3425 E Thomas RdMesa, AZ 85213
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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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Villa Vita
Built in 20191 to 2 Bedroom Apartments

Villa Vita

8175 W Ludlow DrPeoria, AZ 85381
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San Sonoma
Built in 20151 to 3 Bedroom Apartments

San Sonoma

9010 S Priest DrTempe, AZ 85284
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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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Sanctuary on 51st-AZCOM
Built in 20221 to 3 Bedroom Apartments

Sanctuary on 51st-AZCOM

7100 S 51st AveLaveen, AZ 85339
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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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Jefferson Chandler
Built in 2017Studio to 3 Bedroom Apartments

Jefferson Chandler

3950 W Chandler BlvdChandler, AZ 85226
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Nacona
Built in 20231 to 3 Bedroom Apartments

Nacona

8772 N 67th AveGlendale, AZ 85302
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Aviva Goodyear
Built in 20211 to 3 Bedroom Apartments

Aviva Goodyear

4195 N Falcon DrGoodyear, AZ 85395
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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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Showing Results 201-243, Page 5 of 5

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.

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).

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.