Cheap New Apartments for Rent in Phoenix, AZ from $500 (321 Rentals) Page 7 of 7

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

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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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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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The Piedmont
Built in 2021Studio to 3 Bedroom Apartments

The Piedmont

707 E 6th StTempe, AZ 85281
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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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MaCallister Scottsdale
Built in 20171 to 2 Bedroom Apartments

MaCallister Scottsdale

7979 E Wilshire DrScottsdale, AZ 85257
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Camden Tempe
Built in 2015Studio to 3 Bedroom Apartments

Camden Tempe

800 E Curry RdTempe, AZ 85281
Student Housing
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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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Sanctuary on 51st-AZCOM
Built in 20221 to 3 Bedroom Apartments

Sanctuary on 51st-AZCOM

7100 S 51st AveLaveen, AZ 85339
  • Utilities Included
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Emerson Mill Avenue
Built in 2015Studio to 2 Bedroom Apartments

Emerson Mill Avenue

101 W 5th StTempe, AZ 85281
Student Housing
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Mira Tempe
Built in 2025Studio to 3 Bedroom Apartments

Mira Tempe

655 S Rural RdTempe, AZ 85288
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Avilla Palomino
Built in 20241 to 3 Bedroom Apartments

Avilla Palomino

5023 W Peoria AveGlendale, AZ 85302
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Granada Lakes
Built in 20201 to 2 Bedroom Apartments

Granada Lakes

5701 S Rural RdTempe, AZ 85283
  • Utilities Included
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Carter
Built in 2017Studio to 2 Bedroom Apartments

Carter

3300 N Scottsdale RdScottsdale, AZ 85251
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San Milan
Built in 20151 to 3 Bedroom Apartments

San Milan

6975 E Princess DrScottsdale, AZ 85054
Senior Living

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 $675.

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 $4,989.

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 45,394 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 $510 which is $4,479 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 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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.