
New Apartments for Rent in Phoenix, AZ Under $1,200 (76 Rentals)


Salt River Flats

Lynne Village Apartments

VB on 12th

Nova North Valley

Residences at Falcon Park

Total Monthly Price
Derby

Total Monthly Price
FLATZ 602

Grayson on the Rail

Cabana North Valley
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Urbana on 12th

X Phoenix

Playton Place

Madison Grove

Total Monthly Price
sora

Laurel Tree at Northern

The Glendale Senior Apartments

Total Monthly Price
Mason Oliver

ANOVA Central Station

Total Monthly Price
Altura
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Imperial

Revive 25 Apartments

Victory Place I-IV

Vista Village on Van Buren

South Summit Estates

Garfield Terrace

2124 W Turney Ave

Ascent on Broadway

Dahlia Village

La Vie
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Harmony at the Park

5223 N 17th Ave

Patriot Square

Joy on 4th

The Astor at Osborn

5TH AVE PHX

Sunland Flats

Streamliner 16th

Streamliner 67th

The Charleston
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Cove

19 West Apartments

Copper Stone on 32nd

Osborn Pointe

The Revello

Rosewood Court

Cabana Kyrene

Sunset View

Oliv Tempe

Obsidian on Glendale
From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.
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 | $1,340 | $595 | $10,000+ |
| Phoenix 1 Bedroom Apartments | $1,558 | $242 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,935 | $631 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,617 | $730 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $3,085 | $650 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $10,159 | $720 | $10,000+ |
Explore Phoenix

Phoenix, AZ Local Guide
- Phoenix Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.
Read ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Phoenix, AZ Rentals by Map
See the most popular apartments and homes in Phoenix, AZ
Frequently Asked Questions about New Phoenix Apartments
What is the Cheapest New apartment in Phoenix?
Currently the most affordable New Apartment in Phoenix is at Garfield Terrace listed at $507.
How much is the average rent for a New Phoenix Apartment?
The average rent for a New Apartment in Phoenix is $2,485.
What is the largest New Phoenix Apartment for rent?
Today's New apartment with the most square footage in Phoenix is a 2,560 square feet unit starting from $3,250 at Novella at Biltmore.
What is the average size for Phoenix New Apartments for rent?
The average size for a New rental in Phoenix is currently at 688 sq ft.
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 Expert's 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).

Expert's 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 Expert's 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.