Cheap Apartments for Rent in Phoenix, AZ from $400 with Swimming Pool (718 Rentals) Page 2 of 15
Search the lowest-cost Apartments available for rent right now in Phoenix.

Papago Vista

Solaris at Shadow Mountain

Bridge Lane Apartment Homes

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North Mountain Village

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Ascent on Peoria

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Cielo Apartments

Colter Park Apartments

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Monterey Village

inHabit on 7th
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

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Monterra

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Elara at Paradise Valley

Oakridge Apartments

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Terrasol

Madrid Courtyard Apartments

Fairways on Thunderbird

ReNew Biltmore

Solaris at the Biltmore

Pecan Tree Apartments

Coral Gardens
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Palms at Camelback West

Alta Vista Village

Palm Aire Apartments

Kinley at Biltmore

The Axis on Mcdowell

The Union on 28th

The Square on Indian School

Papago Gardens Apartments

Santorini Villa Apartments

Windsprings Apartments
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.

Senara Apartments

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Sierra Pines

Villages at Metro Center

VB on 12th

The Palmer

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Latitude

Glenrosa Park

Cove on 44th

Motif

Ellis Midtown
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Morada Sky

Crystal Creek

Montelano

Solara

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The Halifax

West 35th Apartments

Streamliner 67th

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Briella Phoenix

Acclaim

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Ember at North Phoenix
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.
Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phoenix Studio Apartments | $1,339 | $618 | $4,250 |
| Phoenix 1 Bedroom Apartments | $1,571 | $699 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,945 | $849 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,617 | $801 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $2,963 | $676 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $12,208 | $720 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $14,005 | $3,800 | $10,000+ |
Browse Top Apartments in Phoenix
See all Apartments in PhoenixExplore Phoenix
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 Desert Meadows which is listed at $476, while the average apartment in Phoenix costs $1,636.
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 35,485 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 $601 which is $1,035 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

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Written by: Andrew Jollett
I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips
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Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

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.

A Phoenix Expert's 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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First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
