Cheap New Apartments for Rent in Phoenix, AZ from $500 (306 Rentals) Page 6 of 7

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

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Village at Paseo de Luces
$1,595 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,327 - $1,727
Required Monthly Fees
$268
Total Monthly Price
$1,595 - $1,995
Built in 20231 to 3 Bedroom Apartments Available Now

Village at Paseo de Luces

9802 W Van Buren StTolleson, AZ 85353
Corporate Housing
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  • Utilities Included
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SALT
Rent Specials
$1,599 - $5,608
Total Monthly Price

Total Monthly Price

Base Rent
$1,596 - $5,605
Required Monthly Fees
$3
Total Monthly Price
$1,599 - $5,608
Built in 2018Studio to 3 Bedroom Apartments Available Now

SALT

260 E Rio Salado PkyTempe, AZ 85281
Student Housing
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The Douglas
Rent Specials
$1,625 - $2,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $2,545
Required Monthly Fees
$80
Total Monthly Price
$1,625 - $2,625
Built in 20251 to 3 Bedroom Apartments Available Now

The Douglas

14935 W Van Buren StGoodyear, AZ 85338
Family Friendly
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The Cameron
Rent Specials
$1,627 - $5,785
Total Monthly Price

Total Monthly Price

Base Rent
$1,593 - $5,751
Required Monthly Fees
$34
Total Monthly Price
$1,627 - $5,785
Built in 2020Studio to 3 Bedroom Apartments Available Now

The Cameron

2062 E Cameron WayTempe, AZ 85281
Corporate Housing
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Modera Kierland
$1,636 - $6,755
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $6,644
Required Monthly Fees
$111
Total Monthly Price
$1,636 - $6,755
Built in 2025Studio to 3 Bedroom Apartments Available Now

Modera Kierland

14811 N Kierland BlvdScottsdale, AZ 85254
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Abode At Litchfield Park
Rent Specials
$1,642 - $1,956
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $1,914
Required Monthly Fees
$42
Total Monthly Price
$1,642 - $1,956
Built in 20201 to 2 Bedroom Apartments Available Now

Abode At Litchfield Park

5110 N 129th AveLitchfield Park, AZ 85340
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Smith & Rio
Rent Specials
$1,668 - $5,409
Total Monthly Price

Total Monthly Price

Base Rent
$1,648 - $5,389
Required Monthly Fees
$20
Total Monthly Price
$1,668 - $5,409
Built in 2023Studio to 2 Bedroom Apartments Available Now

Smith & Rio

1979 E Rio Salado PkyTempe, AZ 85281
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The Alyssa
Rent Specials
$1,678 - $2,863
Total Monthly Price

Total Monthly Price

Base Rent
$1,641 - $2,826
Required Monthly Fees
$37
Total Monthly Price
$1,678 - $2,863
Built in 2024Studio to 3 Bedroom Apartments Available Now

The Alyssa

98 South River DrTempe, AZ 85288
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Landmark on 67th Ave
Rent Specials
$1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,492
Required Monthly Fees
$188
Total Monthly Price
$1,680
Built in 20232 Bedroom Apartments Available Now

Landmark on 67th Ave

9160 N 67th AvePeoria, AZ 85345
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The Tomscot
$1,700 - $7,356
Total Monthly Price

Total Monthly Price

Base Rent
$1,535 - $7,191
Required Monthly Fees
$165
Total Monthly Price
$1,700 - $7,356
Built in 2016Studio to 3 Bedroom Apartments Available Now

The Tomscot

3015A N Scottsdale RdScottsdale, AZ 85251
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Madison Heights
Built in 20161 to 4 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
  • Utilities Included
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Nacona
Built in 20231 to 3 Bedroom Apartments

Nacona

8772 N 67th AveGlendale, AZ 85302
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Aces on Apache
Built in 2023Studio to 1 Bedroom Apartments

Aces on Apache

1620 E Apache BlvdTempe, AZ 85281
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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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Villa Vita
Built in 2019Studio to 2 Bedroom Apartments

Villa Vita

8175 W Ludlow DrPeoria, AZ 85381
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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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Alexan Park West
Built in 2024Studio to 3 Bedroom Apartments

Alexan Park West

9550 West Northern AvePeoria, AZ 85345
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Springs At Westgate
Built in 2023Studio to 3 Bedroom Apartments

Springs At Westgate

10020 W Glendale AveGlendale, AZ 85307
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Sienna at South Mountain
Built in 20211 to 2 Bedroom Apartments

Sienna at South Mountain

8449 S 59th AveLaveen, AZ 85339
Corporate Housing
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Alexan Tempe
Built in 2023Studio to 3 Bedroom Apartments

Alexan Tempe

2160 E Baseline RdTempe, AZ 85282
Student Housing
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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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Aviva Goodyear
Built in 20211 to 3 Bedroom Apartments

Aviva Goodyear

4195 N Falcon DrGoodyear, AZ 85395
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Culdesac Tempe
Built in 2023Studio to 3 Bedroom Apartments

Culdesac Tempe

2025 E Apache BlvdTempe, AZ 85281
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Carter
Built in 2017Studio to 2 Bedroom Apartments

Carter

3300 N Scottsdale RdScottsdale, AZ 85251
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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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Sanctuary on 51st
Built in 20221 to 3 Bedroom Apartments

Sanctuary on 51st

7100 S 51st AveLaveen, AZ 85339
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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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Onyx at Westgate
Built in 20221 to 3 Bedroom Apartments

Onyx at Westgate

7403 N 91st AveGlendale, AZ 85305
Corporate Housing
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The Piedmont
Built in 2021Studio to 3 Bedroom Apartments

The Piedmont

707 E 6th StTempe, AZ 85281
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The Flats at 45th Ave
Built in 20252 to 3 Bedroom Apartments

The Flats at 45th Ave

4443 W Palmaire AveGlendale, AZ 85301
Showing Results 251-300, Page 6 of 7

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 Legacy Crossing I & II which is listed at $647, while the average apartment in Phoenix costs $5,512.

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 46,988 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 $543 which is $4,969 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).

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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.

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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 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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.