
Cheap Apartments for Rent in Phoenix, AZ from $500 with Washer/Dryer (985 Rentals) Page 3 of 20
Search the lowest-cost Apartments available for rent right now in Phoenix.


Total Monthly Price
FLATZ 602

Heritage Deer Valley

Desert Lakes Apartments

Park Greenvale

Total Monthly Price
Morada West

Monte Viejo

1757 E Harvard St

Horizon North

7101 N 36th Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Oxford Apartments

Montecito Apartments

Atrium Court

Preston at Biltmore

Nova North Valley

Fairways on Thunderbird

X Phoenix

Grayson on the Rail

Total Monthly Price
Parq on 50th Apartments

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

Palms at South Mountain

MAA Foothills

Jade Ridge Apartments

Total Monthly Price
Sora

Modena

Cyprus

Joy on 4th

Ellis Midtown

Total Monthly Price
Derby

Total Monthly Price
2903 E Wier Ave, Unit 2

Total Monthly Price
Portofino Condominiums

Highland Terrace

Northern

1597 W Mountain View Rd

San Giovanni Apartments

Salt River Flats

Carlyle at South Mountain

Topaz Pointe

Papago Park Apartments

Stonebridge

Total Monthly Price
West Town Court

Waterford On Tatum

Boulders at Lookout Mountain Apartment Homes

View 21 Apartments

Total Monthly Price
137 N 11th Ave, Unit A

Total Monthly Price
3123 W Almeria Rd, Unit 1

Total Monthly Price
3121 W Almeria Rd, Unit 4

The Grove Deer Valley

Hidden Village

The Coronado
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 | $1,320 | $595 | $4,162 |
| Phoenix 1 Bedroom Apartments | $1,542 | $507 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,913 | $631 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,579 | $730 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $2,981 | $725 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $9,419 | $720 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $12,943 | $3,800 | $10,000+ |
Explore 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 $679.
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 $5,406.
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 33,772 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 $4,818 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

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
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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).

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.

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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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.
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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
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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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.