
Cheap Apartments for Rent in Phoenix, AZ from $400 (1,741 Rentals) Page 2 of 35
Search the lowest-cost Apartments available for rent right now in Phoenix.


Palm Aire Apartments

Madera at Metro

Santorini Villa Apartments

The Square on Indian School

Cove on 44th

The Union on 28th

Prados Apartments at Arcadia

2417 West Campbell Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Foothills Court Apartments

The Palms at Camelback West

15620 N 25th Ave

3025 N 32nd St

3810 N Maryvale Pkwy

1744 W Glendale Ave

Capri on Camelback

Courtyard at Encanto Apartments

Stonybrook Apartments

Collins Off Colter II

Seventh 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

4620 W McDowell Rd

Valencia Park

The Loreto Apartments

Augustine at Glendale

Kinley at Biltmore

Park Terrace

Fairways on Thunderbird

The Cove

Tesoro Apartments

2645 W Morten Ave

1345 E Campbell Ave

1860 W Glenrosa Ave

1805 E Indian School Rd

Elara at Paradise Valley

Bridge Lane Apartment Homes

Tides on 27th

Presidio North Apartments

Colter Park

Raystone Apartments

Allora Phoenix Apartments

2250 W Glendale Ave

2402 N 24th St

Morgan Park

Morada Sky

Woodbridge Apartment Homes

Sera Bella

1552 W McDowell Rd
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 | $1,374 | $420 | $10,000+ |
Cheap Phoenix 1 Bedroom Apartments | $1,698 | $507 | $10,000+ |
Cheap Phoenix 2 Bedroom Apartments | $2,108 | $799 | $10,000+ |
Cheap Phoenix 3 Bedroom Apartments | $2,868 | $775 | $10,000+ |
Cheap Phoenix 4 Bedroom Apartments | $3,002 | $695 | $10,000+ |
Phoenix 5 Bedroom Apartments | $13,148 | $999 | $10,000+ |
Browse Top Apartments in Phoenix
See all Apartments in PhoenixExplore 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 $700.
What is the price of a cheap apartment in Phoenix?
The cheapest apartment in Phoenix is Garfield Terrace II which is listed at $507, while the average apartment in Phoenix costs $4,292.
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 14,985 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 $375 which is $3,917 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).

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.