
Cheap Apartments for Rent in Phoenix, AZ from $500 (1,856 Rentals) Page 3 of 38
Search the lowest-cost Apartments available for rent right now in Phoenix.


Tesoro Apartments

The Continental

2417 West Campbell Ave

Papago Vista

Solaris at Shadow Mountain

Raystone

Total Monthly Price
Papago Crossing

Arcadia on 49th

Bridge Lane Apartment Homes

Biltmore on the Lake

The Valencia

Solei on West Thomas

Motif

Imperial

Crystal Creek

Palazzo Senior Apartments - 55+ Active Adult Apartments

2614 E Glenrosa Ave

6320 N 16th St, Unit 209

6320 N 16th St, Unit 208

18202 N Cave Creek Rd

Senara Apartments

Ava North & South

La Cima Apartments

1108 S 33rd Ave

2033 W Madison St

1111 E Butler Dr

De Ville

10033 N 9th Ave

302 E Monte Vista Rd

10044 N 18th Ave

X Phoenix

Alta Vista Village

Palm Aire Apartments

Pecan Tree Apartments

Fairways on Thunderbird

The Axis on Mcdowell

Cactus Canyon

The Union on 28th

The Square on Indian School

Solaris at the Biltmore

Arcadia Gardens

7550 N 12th St

2133 W Adams St

1819 W Willetta St

Total Monthly Price
713 W Pima St

Total Monthly Price
6627 S 22nd Pl, Unit #2, Unit #2

Total Monthly Price
1515 W Desert Cove Ave, Unit Desert Cove, Unit Desert Cove

1509 N 15th Ave
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 | $1,342 | $592 | $3,963 |
| Cheap Phoenix 1 Bedroom Apartments | $1,549 | $507 | $10,000+ |
| Cheap Phoenix 2 Bedroom Apartments | $1,944 | $631 | $10,000+ |
| Cheap Phoenix 3 Bedroom Apartments | $2,524 | $730 | $10,000+ |
| Cheap Phoenix 4 Bedroom Apartments | $3,145 | $725 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $4,742 | $720 | $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 $672.
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 $4,038.
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 48,749 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 $577 which is $3,461 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.
