Cheap Student Apartments for Rent in Phoenix, AZ from $500 (169 Rentals)

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Student Housing Options in Phoenix.

Cheap Apartments in Phoenix.

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Adara
Rent Specials
$692 - $3,262
Total Monthly Price

Total Monthly Price

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$692 - $3,262
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Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
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Crosstown Phoenix
Rent Specials
$713 - $1,416
Total Monthly Price

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$713 - $1,416
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Studio to 2 Bedroom Apartments Available Now

Crosstown Phoenix

1601 W Camelback RdPhoenix, AZ 85015
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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Derby
Rent Specials
$1,149 - $6,639
Total Monthly Price

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$1,149 - $6,639
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Studio to 2 Bedroom Apartments Available Now

Derby

800 N 2nd StPhoenix, AZ 85004
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Sora
$1,185 - $1,935
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $1,935
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Studio to 3 Bedroom Apartments Available Now

Sora

355 N Central AvePhoenix, AZ 85004
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Haven at Midtown
Rent Specials
$1,254 - $2,684
Total Monthly Price

Total Monthly Price

Base Rent
$1,254 - $2,684
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Haven at Midtown

222 W Clarendon AvePhoenix, AZ 85013
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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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The Stewart
Rent Specials
$1,291 - $4,209
Total Monthly Price

Total Monthly Price

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$1,291 - $4,209
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Studio to 2 Bedroom Apartments Available Now

The Stewart

800 N Central AvePhoenix, AZ 85003
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San Valiente
Rent Specials
$1,298 - $3,290
Total Monthly Price

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$1,298 - $3,290
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1 to 3 Bedroom Apartments Available Now

San Valiente

2220 W Mission LnPhoenix, AZ 85021
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Ragsdale
Rent Specials
$1,299 - $2,399
Total Monthly Price

Total Monthly Price

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$1,299 - $2,399
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Studio to 2 Bedroom Apartments Available Now

Ragsdale

1150 E Washington StPhoenix, AZ 85034
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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601 Pax
Rent Specials
$1,364 - $2,841
Total Monthly Price

Total Monthly Price

Base Rent
$1,364 - $2,841
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1 to 2 Bedroom Apartments Available Now

601 Pax

601 W Fillmore StPhoenix, AZ 85003
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Callia
Rent Specials
$1,411 - $3,606
Total Monthly Price

Total Monthly Price

Base Rent
$1,411 - $3,606
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Studio to 3 Bedroom Apartments Available Now

Callia

100 W Indian School RdPhoenix, AZ 85012
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Rosie
Rent Specials
$1,504 - $3,415
Total Monthly Price

Total Monthly Price

Base Rent
$1,504 - $3,415
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Rosie

625 N 2nd AvePhoenix, AZ 85003
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The Ryan
Rent Specials
$1,506 - $4,211
Total Monthly Price

Total Monthly Price

Base Rent
$1,506 - $4,211
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Ryan

188 E Jefferson StPhoenix, AZ 85004
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Citi on Camelback
Rent Specials
$1,602 - $3,032
Total Monthly Price

Total Monthly Price

Base Rent
$1,602 - $3,032
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Citi on Camelback

909 E Camelback RdPhoenix, AZ 85014
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Phoenix, AZ Local Guide

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 Garfield Terrace which is listed at $507, while the average apartment in Phoenix costs $3,952.

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 47,601 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 $581 which is $3,371 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

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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

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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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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.

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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.