
Apartments for Rent in Phoenix, AZ Under $1,500 (1,749 Rentals)


North Palms Townhomes

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1608 S 7th Ave, Unit Front

Allero 59

Citra Apartments

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Spire Deer Valley

Hidden Village

La Esplanada Apartment Homes

Adeline Luxury Living

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The Met at 3rd and Fillmore
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.

ASA Midtown

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3364 W Harmont Dr, Unit Apt 3

Desert Club

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Citi on Camelback

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San Paulo

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Aura Uptown

Maeve Central Station

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The Phoenix Apartments on 6th Avenue

SolVida Central

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Ascent North Scottsdale
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.

Papago Park Apartments

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Vida46

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Black Canyon

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Haven at Midtown

Parc South Mountain

Acero North Valley

Liv+ Union Peak

The Logan at Osborn

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9439 N 11th Ave, Unit Casita

The Hillburn
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.

Avilla Western Garden

The Place at Sonoran Trails

The McKinley

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Ventura Vista

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Halogen

PALMtower

Meritum Sheely Farms

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The Battery

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Verano Townhomes

San Melia
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.

Lydian

Harwood

Marquis Sonoran Preserve

Acero at Algodon Center

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Mountainside

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Callia

Blume on Central

The Crofton

Vista Sureno

Somo Lofts
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

How much does it cost to rent an apartment in Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phoenix Studio Apartments Under $1500 | $1,344 | $618 | $10,000+ |
| Phoenix 1 Bedroom Apartments Under $1500 | $1,562 | $680 | $10,000+ |
| Phoenix 2 Bedroom Apartments Under $1500 | $1,920 | $750 | $10,000+ |
| Phoenix 3 Bedroom Apartments Under $1500 | $2,572 | $801 | $10,000+ |
| Phoenix 4 Bedroom Apartments Under $1500 | $4,950 | $676 | $10,000+ |
| Phoenix 5 Bedroom Apartments | $14,255 | $895 | $10,000+ |
| Phoenix 6 Bedroom Apartments | $16,754 | $3,800 | $10,000+ |
Browse Top Apartments in Phoenix
See all Apartments in PhoenixExplore Phoenix

Phoenix, AZ Local Guide
- Phoenix Neighborhoods
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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
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 Phoenix
How much are Studio apartments in Phoenix?
There are currently 1,473 Studio Apartments in Phoenix with rent ranges from $618 to $13,119 with an average price of $1,344.
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 $680 to $28,055 with an average monthly rent of $1,562.
What does renting a Two Bedroom Apartment in Phoenix cost?
The monthly rent prices of Two Bedroom Apartments currently available in Phoenix range from $750 to $29,995. Today's average rental price for Two Bedrooms here is $1,920.
How expensive are Phoenix Three Bedroom Apartments?
There are currently 1,280 Three Bedroom Apartments listings available in Phoenix on ApartmentHomeLiving.com. The pricing ranges from $801 to $20,000 - averaging $2,572 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

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.

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.

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.

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

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.

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.

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.