
Cheap Apartments for Rent in Phoenix, AZ from $500 (1,856 Rentals) Page 4 of 38
Search the lowest-cost Apartments available for rent right now in Phoenix.


513 E Hatcher Rd

Boulder Creek Apartments

Desert Meadows

Forte Apartments

Mariposa Flats

Cove on 44th

San Rivello

TerraceVue

Ellis Midtown

2444 E Mobile Ln, Unit 2

Echelon Apartments

Total Monthly Price
Ember at North Phoenix

Acclaim

Presidio North Apartments

Total Monthly Price
Monterey Village

Bella Vista Apartments

Ascent 1829

Total Monthly Price
Sierra Pines

305 E Roeser Rd

2235 N 28th St

Atwater

Morada Sky

ReNew Biltmore

Horizon North

Total Monthly Price
Monterra

Element Deer Valley

Latitude

Montelano

Parq on 50th Apartments

Villages at Metro Center

Camelback Palms

Carole Arms Apartments

Las Ventanas

Desert Wind

The Onyx

Agave on 83rd

Radius Apartments

Roosevelt Commons

Sora on Rose

Arbor Village

Gran Jardin Apartments

1627 E Pinchot Ave

2802 E Monte Cristo Ave

Monaco31

Mountain Vista

Colonia

2444 E Mobile Ln, Unit 2

3313 W Harmont Dr, Unit 3

2543 E Brill St
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.