Cheap New Apartments for Rent in Phoenix, AZ from $500 (326 Rentals) Page 5 of 7

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Radia Avondale Station
Rent Specials
$1,275 - $2,460
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $2,460

Total Monthly Price
$1,275 - $2,460
Built in 20241 to 3 Bedroom Apartments Available Now

Radia Avondale Station

9975 W Encanto BlvdAvondale, AZ 85392
Eco-Friendly
  • Verified
  • Smoke Free
close
View Me
Broadstone Westgate
Rent Specials
$1,290 - $2,993
Total Monthly Price

Total Monthly Price

Base Rent
$1,290 - $2,993

Total Monthly Price
Varies
Built in 2024Studio to 2 Bedroom Apartments Available Now

Broadstone Westgate

6851 N 93rd AveGlendale, AZ 85305
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Zinc
Rent Specials
$1,320 - $2,005Built in 20181 to 3 Bedroom Apartments Available Now

Zinc

2005 N 103rd AveAvondale, AZ 85392
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Prose Ascend
Rent Specials
$1,340 - $1,896
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $1,896

Total Monthly Price
Varies
Built in 20251 to 2 Bedroom Apartments Available Now

Prose Ascend

12905 W Indian School RdAvondale, AZ 85392
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Alta Avondale
Rent Specials
$1,371 - $2,566
Total Monthly Price

Total Monthly Price

Base Rent
$1,371 - $2,566

Total Monthly Price
Varies
Built in 2024Studio to 3 Bedroom Apartments Available Now

Alta Avondale

11330 W Van Buren StAvondale, AZ 85323
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Nexa
Rent Specials
$1,375 - $2,975Built in 2017Studio to 3 Bedroom Apartments Available Now

Nexa

1205-1221 E Apache BlvdTempe, AZ 85281
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Alta Goodyear
Rent Specials
$1,389 - $2,341
Total Monthly Price

Total Monthly Price

Base Rent
$1,389 - $2,341

Total Monthly Price
Varies
Built in 2025Studio to 3 Bedroom Apartments Available Now

Alta Goodyear

14965 W Encanto BlvdGoodyear, AZ 85395
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Aura Watermark
Rent Specials
$1,394 - $5,219
Total Monthly Price

Total Monthly Price

Base Rent
$1,394 - $5,219

Total Monthly Price
Varies
Built in 2019Studio to 3 Bedroom Apartments Available Now

Aura Watermark

420 N Scottsdale RdTempe, AZ 85281
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Cardinal 95
Rent Specials
$1,411 - $2,125
Total Monthly Price

Total Monthly Price

Base Rent
$1,411 - $2,125

Total Monthly Price
Varies
Built in 20241 to 3 Bedroom Apartments Available Now

Cardinal 95

9600 W Georgia AveGlendale, AZ 85305
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Marlowe Peoria Place
Rent Specials
$1,417 - $2,223
Total Monthly Price

Total Monthly Price

Base Rent
$1,417 - $2,223

Total Monthly Price
Varies
Built in 20251 to 2 Bedroom Apartments Available Now

Marlowe Peoria Place

8165 W Whitney DrPeoria, AZ 85345
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Vero
Rent Specials
$1,443 - $2,536
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $2,536

Total Monthly Price
Varies
Built in 2024Studio to 2 Bedroom Apartments Available Now

Vero

651 E 6th StTempe, AZ 85281
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Amiya
$1,458 - $2,204
Total Monthly Price

Total Monthly Price

Base Rent
$1,458 - $2,204

Total Monthly Price
Varies
Built in 20201 to 3 Bedroom Apartments Available Now

Amiya

1830 N 145th AveGoodyear, AZ 85395
Work From Home
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Smith & Rio
Rent Specials
$1,483 - $4,946
Total Monthly Price

Total Monthly Price

Base Rent
$1,483 - $4,946

Total Monthly Price
Varies
Built in 2023Studio to 2 Bedroom Apartments Available Now

Smith & Rio

1979 E Rio Salado PkwyTempe, AZ 85288
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Aura Apache
Rent Specials
$1,487 - $2,763
Total Monthly Price

Total Monthly Price

Base Rent
$1,487 - $2,763

Total Monthly Price
Varies
Built in 2024Studio to 2 Bedroom Apartments Available Now

Aura Apache

1820 E Apache BlvdTempe, AZ 85281
Eco-Friendly
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Vlux at Sunset Farms
Rent Specials
$1,494 - $2,003
Total Monthly Price

Total Monthly Price

Base Rent
$1,494 - $2,003

Total Monthly Price
Varies
Built in 20231 to 2 Bedroom Apartments Available Now

Vlux at Sunset Farms

4343 S 103rd AveTolleson, AZ 85353
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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 $672.

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 $4,038.

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 48,749 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 $577 which is $3,461 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).

decorative image for Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters article

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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.