New Apartments for Rent in Phoenix, AZ Under $1,500 (251 Rentals)

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Spire Deer Valley
Rent Specials
$1,499 - $2,295
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$1,499 - $2,295
Total Monthly Price
$1,499 - $2,295
Built in 20241 to 3 Bedroom Apartments Available Now

Spire Deer Valley

24100 N 19th AvePhoenix, AZ 85085
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Rosie
Rent Specials
$1,467 - $3,338
Total Monthly Price

Total Monthly Price

Base Rent
$1,467 - $3,338
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Built in 2025Studio to 2 Bedroom Apartments Available Now

Rosie

625 N 2nd AvePhoenix, AZ 85003
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601 Pax
Rent Specials
$1,461 - $2,901
Total Monthly Price

Total Monthly Price

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$1,461 - $2,901
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Built in 20161 to 2 Bedroom Apartments Available Now

601 Pax

601 W Fillmore StPhoenix, AZ 85003
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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.

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Bungalows at Camelback
Rent Specials
$1,453 - $2,815
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Total Monthly Price

Base Rent
$1,453 - $2,815
Total Monthly Price
$1,453 - $2,815
Built in 20231 to 3 Bedroom Apartments Available Now

Bungalows at Camelback

4747 N 99th AvePhoenix, AZ 85037
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Harwood
Rent Specials
$1,435 - $2,390Built in 2023Studio to 2 Bedroom Apartments Available Now

Harwood

2500 E Marco Polo RdPhoenix, AZ 85050
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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.

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Ascend At Black Canyon
$1,426 - $2,246
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$1,426 - $2,246
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Built in 20231 to 3 Bedroom Apartments Available Now

Ascend At Black Canyon

28201 N Black Canyon HwyPhoenix, AZ 85085
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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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Callia
Rent Specials
$1,334 - $3,606
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Total Monthly Price

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$1,334 - $3,606
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Built in 2022Studio to 3 Bedroom Apartments Available Now

Callia

100 W Indian School RdPhoenix, AZ 85012
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Skye on 6th
Rent Specials
$1,381 - $4,992
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$1,381 - $4,992
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Built in 2023Studio to 3 Bedroom Apartments Available Now

Skye on 6th

817 N 6th StPhoenix, AZ 85004
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The Battery
Rent Specials
$1,378 - $3,615
Total Monthly Price

Total Monthly Price

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$1,378 - $3,615
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Built in 2022Studio to 2 Bedroom Apartments Available Now

The Battery

411 S 3rd StPhoenix, AZ 85004
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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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Bask Deer Valley
Rent Specials
$1,341 - $2,732
Total Monthly Price

Total Monthly Price

Base Rent
$1,341 - $2,732
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Built in 2023Studio to 2 Bedroom Apartments Available Now

Bask Deer Valley

26800 N 27th AvePhoenix, AZ 85085
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Alta 99th
Rent Specials
$1,330 - $2,464
Total Monthly Price

Total Monthly Price

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$1,330 - $2,464
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Built in 20241 to 3 Bedroom Apartments Available Now

Alta 99th

4411 N 99th AvePhoenix, AZ 85037
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Ragsdale
Rent Specials
$1,324 - $2,324
Total Monthly Price

Total Monthly Price

Base Rent
$1,324 - $2,324
Total Monthly Price
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Built in 2026Studio to 2 Bedroom Apartments Available Now

Ragsdale

1150 E Washington StPhoenix, AZ 85034
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Peak 16
Rent Specials
$1,312 - $2,380
Total Monthly Price

Total Monthly Price

Base Rent
$1,312 - $2,380
Total Monthly Price
Varies
Built in 2017Studio to 2 Bedroom Apartments Available Now

Peak 16

5151 N 16th StPhoenix, AZ 85016
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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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Showing Results 1-50, Page 1 of 6

Phoenix, AZ Local Guide

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.

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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

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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!

Explore Phoenix, AZ Rentals by Map

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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 $2,451.

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 $3,748 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 691 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

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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).

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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.

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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.

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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.

Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.