
New Apartments for Rent in Phoenix, AZ Under $1,200 (70 Rentals) Page 2 of 2


The Lotus

The Cascalote Senior Apartments

Total Monthly Price
Cabana Aldea

The Mod at Mills

Streamliner 87th
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Total Monthly Price
Union Tempe

Lofts on 8th | Student Housing

Streamliner Aldea

Centerline on Glendale Phase II

Nacona

Dwell at 5th and Farmer
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.

Aces on Apache

Park Place Tempe

La Victoria Commons II

Valor on Eighth

Park Place Tempe *Opening Aug 14th*

Norton Circle Apartments
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

The Bradford

Madison Heights
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 | $1,353 | $604 | $4,244 |
| Phoenix 1 Bedroom Apartments | $1,560 | $507 | $10,000+ |
| Phoenix 2 Bedroom Apartments | $1,931 | $631 | $10,000+ |
| Phoenix 3 Bedroom Apartments | $2,548 | $730 | $10,000+ |
| Phoenix 4 Bedroom Apartments | $2,787 | $770 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $5,492 | $999 | $10,000+ |
Explore Phoenix
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 $2,427.
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 698 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 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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.