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Rent Specials
$1,588 - $3,092Studio Apartments Available Jan 12, 2026
Biltmore at Camelback
2625 E Camelback RdPhoenix, AZ 85016
Cheap Studio Apartments for Rent in Phoenix, AZ from $647 (468 Rentals) Page 5 of 10
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Rent Specials
$1,633 - $1,965Studio Apartments Available Now
AVE Paradise Valley
12400 N Tatum BlvdPhoenix, AZ 85032
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Rent Specials
$1,655 - $2,062Studio Apartments Available Now
Maeve Central Station
50 W Van Buren StPhoenix, AZ 85004
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$1,683 - $2,208Studio Apartments Available Now
Sol Modern
50 E Fillmore StPhoenix, AZ 85004
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Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phoenix Studio Apartments | $1,323 | $647 | $5,315 |
| Phoenix 1 Bedroom Apartments | $1,534 | $675 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,904 | $649 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,445 | $675 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $2,597 | $695 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $6,250 | $999 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $12,255 | $6,999 | $10,000+ |
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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 Cielo Apartments which is listed at $647, while the average apartment in Phoenix costs $4,923.
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 47,923 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 $518 which is $4,405 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.