
New Apartments for Rent in Phoenix, AZ Under $1,200 (50 Rentals)


Grayson on the Rail

Dahlia Village

Nova North Valley

Aviara Flats

Kenect Phoenix

Residences at Falcon Park
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.

Imperial

Derby PHX

Urbana on 12th

Cabana North Valley

Playton Place

Altura

VB on 12th

X Phoenix

The Cove

ANOVA Central Station

Ascent on Broadway

Victory Place I-IV
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

Vista Village on Van Buren

Garfield Terrace II
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Centerline on Glendale Phase II

Cabana Bullard

Sunset View

Cabana Aldea

The Lotus
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Streamliner Aldea

Streamliner 87th

The Cascalote Senior Apartments

Union Tempe

The Mod at Mills

Furnished 1 bed / 1 bath in a 4 bedroom

Park Place Tempe *Opening Aug 14th*
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,378 | $420 | $10,000+ |
Phoenix 1 Bedroom Apartments | $1,674 | $507 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,075 | $805 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,637 | $775 | $10,000+ |
Phoenix 4 Bedroom Apartments | $2,325 | $695 | $10,000+ |
Phoenix 5 Bedroom Apartments | $8,693 | $999 | $10,000+ |
Explore Phoenix

Phoenix, AZ Local Guide
- Phoenix Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick 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.
Getting Around Phoenix, AZ
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Sunset View listed at $149.
How much is the average rent for a New Phoenix Apartment?
The average rent for a New Apartment in Phoenix is $2,397.
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 $3,199 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 697 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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).

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.