
Cheap Apartments for Rent in Phoenix, AZ from $500 (1,900 Rentals) Page 8 of 38
Search the lowest-cost Apartments available for rent right now in Phoenix.


10402 N 9th Ave

Total Monthly Price
Derby

Fountain Oaks Apartments

Highland Terrace

Total Monthly Price
Portofino Condominiums

4325 N 21st Dr

Total Monthly Price
2903 E Wier Ave, Unit 2

13034 North 21st Pl

Montevida

The Wexler Apartments

Northern

1597 W Mountain View Rd

San Giovanni Apartments

Salt River Flats

Paradise Palms I

Paradise Palms II

Carlyle at South Mountain

Avora

Topaz Pointe

Papago Park Apartments

Stonebridge

CIRQ 44

2931 E Beck Ln

Total Monthly Price
West Town Court

4444 N 7th Ave, Unit B221

777 West Campbell Ave, Unit B205

777 West Campbell Ave, Unit B206

Waterford On Tatum

Phoenix Manor

Roosevelt Square

3623 N 5th Ave

1623 E Pinchot Ave

5041 N 40th Ave

Level at Sixteenth

View 21 Apartments

Boulders at Lookout Mountain Apartment Homes

2104 E Eugie Terrace, Unit 203

2104 E Eugie Terrace, Unit 202

712 W Taylor St

129 N 11th Ave

3511 E Baseline Rd

302 E Monte Vista Rd

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3121 W Almeria Rd, Unit 4

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3123 W Almeria Rd, Unit 1

Total Monthly Price
137 N 11th Ave, Unit A

1530 W Mulberry Dr

1560 W Sahuaro Dr

3810 E Earll Dr

Cabana North Valley
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 | $1,310 | $595 | $4,162 |
| Cheap Phoenix 1 Bedroom Apartments | $1,540 | $507 | $10,000+ |
| Cheap Phoenix 2 Bedroom Apartments | $1,918 | $631 | $10,000+ |
| Cheap Phoenix 3 Bedroom Apartments | $2,570 | $730 | $10,000+ |
| Cheap Phoenix 4 Bedroom Apartments | $3,117 | $725 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $9,765 | $720 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $13,029 | $3,800 | $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 $688.
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 $5,479.
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 36,705 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 $595 which is $4,884 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.