
Cheap Apartments for Rent in Phoenix, AZ from $500 (2,037 Rentals) Page 12 of 41
Search the lowest-cost Apartments available for rent right now in Phoenix.


4601 N 12th Ave

1735 E Sheridan St

Total Monthly Price
Arcadia Cove

4444 N 7th Ave

1457 E Taylor St

5401 E Van Buren St

1701 E Colter St

Stonebridge

Boho On 40th Street Apartments

The Amelia Luxury Apartments

The Clubhouse at Arcadia

Desert Sunshine 1

Villas at South Mountain

Total Monthly Price
Esteban Park

Park on Bell

Total Monthly Price
The Bella

Partenza on Highland

110 W Bell Rd

4301 N 24th St

18233 N 13th Pl

1646 E McKinley St

1626 W Taylor St

Portland Apartments

Red Hawk

Total Monthly Price
Portrait at Hance Park

3027 N 37th St

438 N 17th Ave

16635 N Cave Creek Rd

Curve at Melrose

Total Monthly Price
Haven at Midtown

The Turn

Cortina

Ironwood at Happy Valley

The Cascades Apartments

80 W Maryland Ave

The Place at Sonoran Trails

34000 N 27th Dr

IMT Desert Ridge

Vista Sureno

Total Monthly Price
Acero at Algodon Center

Alanna

6234 N 12th Pl

Greenspoint at Paradise Valley

Total Monthly Price
Aria on Cave Creek Apartments

Total Monthly Price
Alanza Place

Circa Central Avenue

1130 E Grovers Ave

Total Monthly Price
Rockledge Fairways
Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Phoenix Studio Apartments | $1,335 | $599 | $4,063 |
| Cheap Phoenix 1 Bedroom Apartments | $1,571 | $675 | $10,000+ |
| Cheap Phoenix 2 Bedroom Apartments | $1,921 | $649 | $10,000+ |
| Cheap Phoenix 3 Bedroom Apartments | $2,502 | $675 | $10,000+ |
| Cheap Phoenix 4 Bedroom Apartments | $2,801 | $750 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $7,077 | $999 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $10,403 | $6,868 | $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 Legacy Crossing I & II which is listed at $647, while the average apartment in Phoenix costs $5,535.
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 45,414 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 $528 which is $5,007 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
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).

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
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.

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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
