Top Rated Apartments for Rent in Phoenix, AZ Under $1,200 (96 Rentals)

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Apartments in Phoenix with the best features, newest construction, and richest amenities.

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West Town Court
Rent Specials
$1,175 - $1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,900

Total Monthly Price
$1,175 - $1,900
1 to 3 Bedroom Apartments Available Now

West Town Court

8400 W Virginia AvePhoenix, AZ 85037
Affordability
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FLATZ 602
Rent Specials
$1,169 - $1,719
Total Monthly Price

Total Monthly Price

Base Rent
$1,169 - $1,719

Total Monthly Price
$1,169 - $1,719
Studio to 2 Bedroom Apartments Available Sep 2

FLATZ 602

6025 W Thomas RdPhoenix, AZ 85033
Furnished
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Connect on Union
Rent Specials
$1,125 - $2,002
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $2,002

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Connect on Union

2311 E Union Hills DrPhoenix, AZ 85024
Corporate Housing
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Derby
Rent Specials
$1,095 - $4,124
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $4,124

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Derby

800 N 2nd StPhoenix, AZ 85004
Student Housing
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  • 3D Tour

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.

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Urban Walk Apartments
Rent Specials
$1,044 - $1,394
Total Monthly Price

Total Monthly Price

Base Rent
$1,044 - $1,394

Total Monthly Price
$1,044 - $1,394
1 to 2 Bedroom Apartments Available Now

Urban Walk Apartments

3802 N 27th StPhoenix, AZ 85016
Corporate Housing
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sora
Rent Specials
$958 - $1,701
Total Monthly Price

Total Monthly Price

Base Rent
$958 - $1,701

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

sora

355 N Central AvePhoenix, AZ 85004
Student Housing
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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.

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Terrasol
Rent Specials
$902 - $2,231
Total Monthly Price

Total Monthly Price

Base Rent
$902 - $2,231

Total Monthly Price
$902 - $2,231
1 to 2 Bedroom Apartments Available Now

Terrasol

1010 N 48th StPhoenix, AZ 85008
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Monterey Village
Rent Specials
$872 - $1,619
Total Monthly Price

Total Monthly Price

Base Rent
$872 - $1,619

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Monterey Village

4707 E McDowell RdPhoenix, AZ 85008
Affordability
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Your Essential Local Experts Phoenix Relocation Guide: Housing, Utilities, and Local Tips

Your complete checklist for relocating to the Phoenix metro area. Easily navigate housing, set up electricity and gas with provider links, handle vehicle registration, and learn local regulations.

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North Mountain Village
Rent Specials
$794 - $1,565
Total Monthly Price

Total Monthly Price

Base Rent
$794 - $1,565

Total Monthly Price
$794 - $1,565
Studio to 2 Bedroom Apartments Available Now

North Mountain Village

3333 W Thunderbird RdPhoenix, AZ 85053
Affordability
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2516 W Augusta Ave
1 to 2 Bedroom Apartments

2516 W Augusta Ave

2516 W Augusta AvePhoenix, AZ 85051
  • Utilities Included
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Vaseo Apartments
1 to 2 Bedroom Apartments

Vaseo Apartments

16220 N 7th StPhoenix, AZ 85022
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Patriot Square
1 to 2 Bedroom Apartments

Patriot Square

640 N 32nd StPhoenix, AZ 85008

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

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Urbana Union Hills
1 to 2 Bedroom Apartments

Urbana Union Hills

2015 W Union Hills DrPhoenix, AZ 85027
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Cabana North Valley
Studio to 2 Bedroom Apartments

Cabana North Valley

33455 N North Vly PkwyPhoenix, AZ 85085
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Joy on 4th
Studio to 3 Bedroom Apartments

Joy on 4th

700 N 4th StPhoenix, AZ 85004
Student Housing
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Casa De Flores
1 to 2 Bedroom Apartments

Casa De Flores

2454 W Campbell AvePhoenix, AZ 85015
  • Utilities Included
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Rise Thunderbird
1 to 2 Bedroom Apartments

Rise Thunderbird

14020 N Black Canyon HwyPhoenix, AZ 85053
Corporate Housing
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Lamar Villas
1 to 2 Bedroom Apartments

Lamar Villas

4221-4227 W Lamar RdPhoenix, AZ 85019
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Contempo 15
Studio to 2 Bedroom Apartments

Contempo 15

9502 N 15th AvePhoenix, AZ 85021
  • Utilities Included

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.

Phoenix, AZ Local Guide

Expert'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

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Phoenix

How much are Studio apartments in Phoenix?

There are currently 1,476 Studio Apartments in Phoenix with rent ranges from $507 to $4,197 with an average price of $6,211.

What is the current price range for One Bedroom Phoenix Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Phoenix ranges from $291 to $28,953 with an average monthly rent of $1,566.

What does renting a Two Bedroom Apartment in Phoenix cost?

The monthly rent prices of Two Bedroom Apartments currently available in Phoenix range from $612 to $29,995. Today's average rental price for Two Bedrooms here is $1,922.

How expensive are Phoenix Three Bedroom Apartments?

There are currently 1,269 Three Bedroom Apartments listings available in Phoenix on ApartmentHomeLiving.com. The pricing ranges from $801 to $20,000 - averaging $2,561 for the location.

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

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From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Written by: Andrew Jollett

I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

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Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips

Written by: Andrew Jollett

Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

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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.

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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.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.