Cheap New Apartments for Rent in Phoenix, AZ from $500 (325 Rentals) Page 6 of 7

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Trovita Rio
Rent Specials
$1,500 - $2,474
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,474

Total Monthly Price
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Built in 2019Studio to 2 Bedroom Apartments Available Now

Trovita Rio

701 W Rio Salado PkyTempe, AZ 85281
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Scottsdale Grand
Rent Specials
$1,579 - $2,829
Total Monthly Price

Total Monthly Price

Base Rent
$1,579 - $2,829

Total Monthly Price
$1,579 - $2,829
Built in 2021Studio to 2 Bedroom Apartments Available Now

Scottsdale Grand

15501 N Dial BlvdScottsdale, AZ 85260
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The Cameron
Rent Specials
$1,592 - $5,008
Total Monthly Price

Total Monthly Price

Base Rent
$1,592 - $5,008

Total Monthly Price
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Built in 2020Studio to 3 Bedroom Apartments Available Now

The Cameron

2062 E Cameron WayTempe, AZ 85281
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Villas Litchfield Park
Rent Specials
$1,592 - $2,223
Total Monthly Price

Total Monthly Price

Base Rent
$1,592 - $2,223

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

Villas Litchfield Park

12730 W Camelback RdLitchfield Park, AZ 85340
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SALT
Rent Specials
$1,599 - $8,624Built in 2018Studio to 3 Bedroom Apartments Available Now

SALT

260 E Rio Salado PkyTempe, AZ 85281
Student Housing
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Vlux at Peoria Heights
Rent Specials
$1,653 - $2,203
Total Monthly Price

Total Monthly Price

Base Rent
$1,653 - $2,203

Total Monthly Price
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Built in 20221 to 2 Bedroom Apartments Available Now

Vlux at Peoria Heights

9190 N 83rd AvePeoria, AZ 85345
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Vitri
Rent Specials
$1,682 - $10,105
Total Monthly Price

Total Monthly Price

Base Rent
$1,682 - $10,105

Total Monthly Price
$1,682 - $10,105
Built in 2019Studio to 3 Bedroom Apartments Available Now

Vitri

15125 N Scottsdale RdScottsdale, AZ 85254
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The Alyssa
Rent Specials
$1,687 - $9,933
Total Monthly Price

Total Monthly Price

Base Rent
$1,687 - $9,933

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

The Alyssa

98 South River DrTempe, AZ 85288
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Abode At Litchfield Park
Rent Specials
$1,691 - $1,892
Total Monthly Price

Total Monthly Price

Base Rent
$1,691 - $1,892

Total Monthly Price
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Built in 20201 to 2 Bedroom Apartments Available Now

Abode At Litchfield Park

5110 N 129th AveLitchfield Park, AZ 85340
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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
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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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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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Springs At Westgate
Built in 2023Studio to 3 Bedroom Apartments

Springs At Westgate

10020 W Glendale AveGlendale, AZ 85307
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Vistoria On Camelback
Built in 20191 to 2 Bedroom Apartments

Vistoria On Camelback

12350 W Camelback RdLitchfield Park, AZ 85340
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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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Somerset
Built in 2025Studio to 3 Bedroom Apartments

Somerset

7811 N 99th AveGlendale, AZ 85305
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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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Nacona
Built in 20231 to 3 Bedroom Apartments

Nacona

8772 N 67th AveGlendale, AZ 85302
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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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Sienna at South Mountain
Built in 20211 to 2 Bedroom Apartments

Sienna at South Mountain

8449 S 59th AveLaveen, AZ 85339
Corporate Housing

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 Garfield Terrace which is listed at $507, while the average apartment in Phoenix costs $4,128.

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 34,321 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 $605 which is $3,523 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

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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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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.

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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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.