
Cheap Apartments for Rent in Phoenix, AZ from $500 (2,052 Rentals) Page 34 of 42
Search the lowest-cost Apartments available for rent right now in Phoenix.


Royal Palms Apartments

Tuscany

Lion Tempe Apartments

700 E Mesquite Cir

Total Monthly Price
Acero at the Stadium

Kota North Scottsdale

Oasis at Scottsdale

6721 E McDowell Rd

Avia McCormick Ranch

MAA SkySong

Northbend

Steeple Chase

Total Monthly Price
Aura Apache

1850 E Hayden Ln

MAA Old Town Scottsdale

Copper Cove Apartments

Total Monthly Price
Vlux at Sunset Farms

Azure Creek at Tatum Ranch

Total Monthly Price
Livano Avondale

17120 N 51st Ave

Amberlin Arrowhead 55+ Active Adult

Tempe Park Place

Enclave at Arrowhead

Total Monthly Price
Catherine Townhomes

1820 E Bell De Mar Dr

Mera Goodyear 55+ Active Adult

Las Aguas Apartments

Total Monthly Price
The Lofts at Westgate

Total Monthly Price
Ninety Degrees

67 Flats

Hudson on Farmer

Total Monthly Price
Amiya

Obsidian on Glendale

Total Monthly Price
Cardinal 95

2635 Hayden Rd

2635 Hayden Rd

5236 W Peoria Ave

1200 W University Dr

Fireside East Apartments

Total Monthly Price
Roosevelt Park

521 W 10th St

6505 E Osborn Rd

8649 E Royal Palm Rd

Sonoran Vista

IMT Riverview

Total Monthly Price
The Met at Fashion Center

9259 E Raintree Dr

Total Monthly Price
Vela at Tempe Town Lake

Escape at Arrowhead
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 | $1,334 | $599 | $4,063 |
| Cheap Phoenix 1 Bedroom Apartments | $1,573 | $675 | $10,000+ |
| Cheap Phoenix 2 Bedroom Apartments | $1,920 | $649 | $10,000+ |
| Cheap Phoenix 3 Bedroom Apartments | $2,470 | $730 | $10,000+ |
| Cheap Phoenix 4 Bedroom Apartments | $2,816 | $750 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $7,366 | $999 | $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 $5,343.
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 46,805 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 $546 which is $4,797 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.