
Top Rated Cheap Apartments for Rent in Phoenix, AZ from $400 (347 Rentals) Page 2 of 7
Top Rated Apartments in Phoenix.
Cheap Apartments in Phoenix.


The Station on Central

Las Colinas At Black Canyon

Residences at FortyTwo25 Apartments

Circa Central Avenue

Ventura Vista

MAA Foothills

Vida46

60 at Melrose

Mason Oliver

Tamarron

Rockledge Fairways

Sage Apartments

Alta 99th

The Place at Sonoran Trails

WaterWalk Phoenix – North Happy Valley

The Stewart

Arcadia Cove

Santa Rosa

The Riley

Elevation on Central

Crestone at Shadow Mountain

Portola South Mountain

Red Rox Villas

Broadstone 7th Street

Ironwood at Happy Valley

Aria on Cave Creek Apartments

Carlyle Townhomes

9920 Apartments

Onyx Uptown PHX

Parc South Mountain

Somo Lofts

Sonterra Apartments at Paradise Valley

MAA Midtown Phoenix

Roosevelt Square

IMT Ahwatukee

Halogen

Cortland Red Mountain

Village at Camelback Park

Portrait at Hance Park

Citi on Camelback

Acero at Algodon Center

Harwood

Lucero

Ascent North Scottsdale
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 | $1,385 | $420 | $5,385 |
Phoenix 1 Bedroom Apartments | $1,647 | $650 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,046 | $805 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,621 | $775 | $10,000+ |
Phoenix 4 Bedroom Apartments | $2,150 | $695 | $10,000+ |
Phoenix 5 Bedroom Apartments | $8,631 | $999 | $10,000+ |
Explore Phoenix
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Legacy Crossing I & II which is listed at $647, while the average apartment in Phoenix costs $4,246.
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 17,536 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 $376 which is $3,870 cheaper than the average rent for all rentals in Phoenix.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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).

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.