
Cheap Apartments for Rent in Phoenix, AZ from $618 with Washer/Dryer (1,059 Rentals) Page 2 of 22
Search the lowest-cost Apartments available for rent right now in Phoenix.


Coronado Flats

Stonybrook Apartments

Imperial

Total Monthly Price
Monterra

Total Monthly Price
sora

Bolero

Sora on Rose

Sonoran Flats

Total Monthly Price
Ember at North Phoenix
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Rehoboth Place II

Running Brook Apartments

Monaco31

Urbana on 12th

Ellis Midtown

Morada Rise

Agave on 83rd

Saratoga Ridge

1757 E Harvard St

Bell Cove
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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Reveal

Madison Grove

Portola West McDowell

Casa Sol

Escarlata 29

Cyprus

Agave Court

Northern Edge

Palm Desert Apartments

Sahuaro West 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.

Diamonte on Bell

Desert Springs Apartments

1320 N 48th Pl

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1146 W Apache St, Unit Apt 1

Playton Place

X Phoenix

Monte Viejo

Celia

Sweetwater At Metro North

Park at 33rd
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.

Motif

Cobblestone Apartments

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Luna Villa

Heritage Deer Valley

The Naya Apartments

Casa Maribela Apartments

2019 W Turney Ave

1420 E Brown St, Unit A

1420 E Brown St, Unit C

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Monterey Village
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.
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 | $1,336 | $618 | $10,000+ |
| Phoenix 1 Bedroom Apartments | $1,560 | $291 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,918 | $750 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,586 | $801 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $4,978 | $676 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $13,347 | $895 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $16,857 | $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 Garfield Terrace which is listed at $507, 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 34,055 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 $588 which is $1,048 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
Written by: Andrew Jollett
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
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.

A Phoenix Expert's 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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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
Written by: Robin Stewart
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
Written by: Robin Stewart
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.