Top Rated Cheap Apartments for Rent in Phoenix, AZ from $500 (287 Rentals) Page 2 of 6

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Top Rated Apartments in Phoenix.

Cheap Apartments in Phoenix.

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IMT Desert Ridge
Rent Specials
$1,320 - $2,230
Total Monthly Price

Total Monthly Price

Base Rent
$1,320 - $2,230

Total Monthly Price
$1,320 - $2,230
1 to 2 Bedroom Apartments Available Now

IMT Desert Ridge

21155 N 56th StPhoenix, AZ 85054
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Sierra Foothills
Rent Specials
$1,330 - $2,071
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $2,071

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sierra Foothills

13601 S 44th StPhoenix, AZ 85044
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Peak 16
Rent Specials
$1,342 - $2,225
Total Monthly Price

Total Monthly Price

Base Rent
$1,342 - $2,225

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Peak 16

5151 N 16th StPhoenix, AZ 85016
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Bayside
Rent Specials
$1,350 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,650

Total Monthly Price
$1,350 - $1,650
1 to 2 Bedroom Apartments Available Now

Bayside

20245 N 32nd DrPhoenix, AZ 85027
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Esteban Park
Rent Specials
$1,359 - $2,118
Total Monthly Price

Total Monthly Price

Base Rent
$1,359 - $2,118

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Esteban Park

5611 S 32nd StPhoenix, AZ 85040
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Seven (AZ)
Rent Specials
$1,363 - $2,104
Total Monthly Price

Total Monthly Price

Base Rent
$1,363 - $2,104

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Seven (AZ)

19800 N 7th StPhoenix, AZ 85024
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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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The Battery
Rent Specials
$1,366 - $3,498
Total Monthly Price

Total Monthly Price

Base Rent
$1,366 - $3,498

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Battery

411 S 3rd StPhoenix, AZ 85004
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Alta 99th
Rent Specials
$1,380 - $2,420
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $2,420

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Alta 99th

4411 N 99th AvePhoenix, AZ 85037
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Skye on 6th
Rent Specials
$1,381 - $5,679
Total Monthly Price

Total Monthly Price

Base Rent
$1,381 - $5,679

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Skye on 6th

817 N 6th StPhoenix, AZ 85004
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Alloy Midtown
Rent Specials
$1,400 - $2,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,390

Total Monthly Price
$1,400 - $2,390
Studio to 2 Bedroom Apartments Available Now

Alloy Midtown

3010 N 2nd StPhoenix, AZ 85012
Student Housing
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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.

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Verano Townhomes
Rent Specials
$1,422 - $2,137
Total Monthly Price

Total Monthly Price

Base Rent
$1,422 - $2,137

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Verano Townhomes

13820 S 44th StPhoenix, AZ 85044
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601 Pax
Rent Specials
$1,478 - $2,558
Total Monthly Price

Total Monthly Price

Base Rent
$1,478 - $2,558

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

601 Pax

601 W Fillmore StPhoenix, AZ 85003
Student Housing
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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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Vida46
Rent Specials
$1,521 - $1,661
Total Monthly Price

Total Monthly Price

Base Rent
$1,521 - $1,661

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Vida46

4602 E Paradise Village Pky NPhoenix, AZ 85032
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Broadstone 7th Street
Rent Specials
$1,524 - $3,223
Total Monthly Price

Total Monthly Price

Base Rent
$1,524 - $3,223

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Broadstone 7th Street

5727 N 7th StPhoenix, AZ 85014
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Solara Vista
Rent Specials
$1,574 - $2,447
Total Monthly Price

Total Monthly Price

Base Rent
$1,574 - $2,447

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Solara Vista

5885 S 32nd StPhoenix, AZ 85040
Furnished
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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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Santa Rosa
Rent Specials
$1,577 - $2,241
Total Monthly Price

Total Monthly Price

Base Rent
$1,577 - $2,241

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Santa Rosa

3425 E Chandler BlvdPhoenix, AZ 85048
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Sunela
Rent Specials
$1,599 - $4,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $4,065

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Sunela

20600 N 55th StPhoenix, AZ 85054
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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 $1,625.

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 35,153 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 $603 which is $1,022 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.

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