
Cheap Apartments for Rent in Phoenix, AZ from $500 (2,051 Rentals) Page 40 of 42
Search the lowest-cost Apartments available for rent right now in Phoenix.


Ovation at Tempe

Towne Square Apartment Homes

Glenview Estates

Element at Tempe North

The Bixby

Riverview Townhomes

Avery Upscale Apartments

*Sold 12.08.2023* Santa Barbara

The Maverick East Apartments

San Marbeya Luxury Community

Sienna at South Mountain

Ventana Apartments

Desert Horizon

The Sycamore at Scottsdale

Christopher Todd Communities On Camelback

Napa Place Apartments

Lakeside Drive Apartments

Carmello

Vista House Apartments

Casa Carmel

Alexan Tempe

GREAT COMMUNITY BY ASU

Christopher Todd Communities At Country Place

The Nines at Kierland

Aviva Goodyear

San Lucas Apartments

Culdesac Tempe

San Prado

6725 E Earll Dr

Copper Rock

SkySong Villas

The Lennox at Tempe

Tremezzo on the Lake

Christopher Todd Communities at McDowell

Broadway 121

Pecan Grove Estates

Glendale House Apartments

Bellagio Apartments

Monaco at McCormick Ranch

8021 E Osborn Rd

Agave

Carter

Harmony at Hurley Farms

Olive Ridge Senior Living

Park Terrace Tempe

Moda Tempe

Edge @ Westgate

The Hayden

San Marquis
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 | $1,336 | $599 | $4,063 |
| Cheap Phoenix 1 Bedroom Apartments | $1,571 | $675 | $10,000+ |
| Cheap Phoenix 2 Bedroom Apartments | $1,920 | $799 | $10,000+ |
| Cheap Phoenix 3 Bedroom Apartments | $2,500 | $730 | $10,000+ |
| Cheap Phoenix 4 Bedroom Apartments | $2,819 | $750 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $7,363 | $999 | $10,000+ |
Browse Top Apartments in Phoenix
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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.