
Cheap Apartments for Rent in Phoenix, AZ from $500 (2,047 Rentals) Page 4 of 41
Search the lowest-cost Apartments available for rent right now in Phoenix.


Element Deer Valley

Ascent on Peoria

3601 W Tierra Buena Ln

Latitude

Monterey Village

ReNew Biltmore

Monterra

3222 W Indian School Rd

1944 W Thunderbird Rd

Las Ventanas Apartments

Casa Sol Apartments

Parq on 50th Apartments

Senara Apartments

Crystal Creek

inHabit on 7th

2142 E Taylor St

1625 E Pinchot Ave

1222 E Mountain View Rd

Villages at Metro Center

Heritage Deer Valley

Grandfamilies Place

The Palmer

Camelback Cove Apartments

The Canvas Apartments

Portola at Papago

The Onyx

Desert Wind Apartments

7532 N 21st Ave

Papago Crossing

3004 E Waltann Ln

5615 S 5th St

343 W Portland St

The Valencia

North Mountain Apartments

5112 N 28th Dr

Camelback Courtyard

Mountain Vista

Monaco31

Colonia

2543 E Brill St

1836 E Harvard St

4231 N 13th Pl

The Halifax

The Place At Wickertree

Paradise Village Apartments
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 | $1,317 | $635 | $5,315 |
| Cheap Phoenix 1 Bedroom Apartments | $1,524 | $675 | $10,000+ |
| Cheap Phoenix 2 Bedroom Apartments | $1,881 | $649 | $10,000+ |
| Cheap Phoenix 3 Bedroom Apartments | $2,414 | $675 | $10,000+ |
| Cheap Phoenix 4 Bedroom Apartments | $2,626 | $695 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $9,529 | $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 $675.
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 $5,340.
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 43,904 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 $497 which is $4,843 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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



