New Apartments for Rent in Phoenix, AZ Under $1,500 (245 Rentals)

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Ray Phoenix
Rent Specials
$1,500 - $7,339
Total Monthly Price

Total Monthly Price

Base Rent
$1,339 - $7,178
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2026Studio to 2 Bedroom Apartments Available Now

Ray Phoenix

777 North Central AvenuePhoenix, AZ 85004
Student Housing
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Refinery at Pointe17
Rent Specials
$1,480 - $2,580
Total Monthly Price

Total Monthly Price

Base Rent
$1,326 - $2,426
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20251 to 3 Bedroom Apartments Available Now

Refinery at Pointe17

32800 N 29th AvePhoenix, AZ 85085
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Axis Camelback
Rent Specials
$1,480 - $2,955
Total Monthly Price

Total Monthly Price

Base Rent
$1,427 - $2,902
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20181 to 2 Bedroom Apartments Available Now

Axis Camelback

4949 N 7th StPhoenix, AZ 85014
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The Battery
Rent Specials
$1,477 - $2,827
Total Monthly Price

Total Monthly Price

Base Rent
$1,440 - $2,790
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2022Studio to 2 Bedroom Apartments Available Now

The Battery

411 S 3rd StPhoenix, AZ 85004
Corporate Housing
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Aura Uptown
Rent Specials
$1,470 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,257 - $2,037
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2025Studio to 2 Bedroom Apartments Available Now

Aura Uptown

201 W Coolidge StPhoenix, AZ 85013
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Halogen
Rent Specials
$1,459 - $2,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,429 - $2,520
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2024Studio to 3 Bedroom Apartments Available Now

Halogen

3420 E Bell RdPhoenix, AZ 85032
Affordability
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Ragsdale
Rent Specials
$1,455 - $2,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $2,795

Total Monthly Price
Varies
Built in 2026Studio to 2 Bedroom Apartments Available Now

Ragsdale

1150 E Washington StPhoenix, AZ 85034
Student Housing
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Onyx Uptown PHX
Rent Specials
$1,449 - $2,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,436 - $2,586
Required Monthly Fees
$13

Total Monthly Price
$1,449 - $2,599
Built in 20241 to 2 Bedroom Apartments Available Now

Onyx Uptown PHX

500 W Camelback RdPhoenix, AZ 85013
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Meritum Sheely Farms
Rent Specials
$1,440 - $3,522
Total Monthly Price

Total Monthly Price

Base Rent
$1,410 - $3,492
Required Monthly Fees
$30

Total Monthly Price
$1,440 - $3,522
Built in 20241 to 3 Bedroom Apartments Available Now

Meritum Sheely Farms

2121 N 99th AvePhoenix, AZ 85037
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Avilla Western Garden
Rent Specials
$1,430 - $2,988
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $2,798
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20261 to 3 Bedroom Apartments Available Now

Avilla Western Garden

4041 N 97th AvePhoenix, AZ 85037
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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Alta 99th
Rent Specials
$1,416 - $2,446
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $2,390
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20241 to 3 Bedroom Apartments Available Now

Alta 99th

4411 N 99th AvePhoenix, AZ 85037
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Palms Luxury Apartments
Rent Specials
$1,408 - $2,184
Total Monthly Price

Total Monthly Price

Base Rent
$1,347 - $2,123
Required Monthly Fees
$61

Total Monthly Price
$1,408 - $2,184
Built in 20211 to 3 Bedroom Apartments Available Now

Palms Luxury Apartments

1100 E Bell RdPhoenix, AZ 85022
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Bungalows at Camelback
Rent Specials
$1,399 - $2,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,134 - $2,285
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20231 to 3 Bedroom Apartments Available Now

Bungalows at Camelback

4747 N 99th AvePhoenix, AZ 85037
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Allero 59
Rent Specials
$1,399 - $2,274
Total Monthly Price

Total Monthly Price

Base Rent
$1,204 - $2,079
Required Monthly Fees
$195

Total Monthly Price
$1,399 - $2,274
Built in 20241 to 3 Bedroom Apartments Available Now

Allero 59

5821 W McDowell RdPhoenix, AZ 85035
Affordability
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  • 3D Tour

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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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Skye on 6th
Rent Specials
$1,381 - $4,406
Total Monthly Price

Total Monthly Price

Base Rent
$1,270 - $4,295
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2023Studio to 3 Bedroom Apartments Available Now

Skye on 6th

817 N 6th StPhoenix, AZ 85004
Corporate Housing
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Acero North Valley
Rent Specials
$1,375 - $2,704
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $2,674
Required Monthly Fees
$30

Total Monthly Price
$1,375 - $2,704
Built in 20201 to 3 Bedroom Apartments Available Now

Acero North Valley

33500 N North Valley PkyPhoenix, AZ 85085
Family Friendly
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Montreux
Rent Specials
$1,371 - $7,903
Total Monthly Price

Total Monthly Price

Base Rent
$1,170 - $7,702
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20191 to 3 Bedroom Apartments Available Now

Montreux

5550 E Deer Valley DrPhoenix, AZ 85054
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Lydian
Rent Specials
$1,365 - $2,540
Total Monthly Price

Total Monthly Price

Base Rent
$1,302 - $2,477
Required Monthly Fees
$63

Total Monthly Price
$1,365 - $2,540
Built in 2021Studio to 2 Bedroom Apartments Available Now

Lydian

1314 N 3rd StPhoenix, AZ 85004
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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.

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Acero at Algodon Center
Rent Specials
$1,325 - $2,429
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,399
Required Monthly Fees
$30

Total Monthly Price
$1,325 - $2,429
Built in 20211 to 3 Bedroom Apartments Available Now

Acero at Algodon Center

3223 N Algodon WayPhoenix, AZ 85037
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Portrait at Hance Park
Rent Specials
$1,300 - $2,140
Total Monthly Price

Total Monthly Price

Base Rent
$1,241 - $2,081
Required Monthly Fees
$59

Total Monthly Price
$1,300 - $2,140
Built in 2019Studio to 3 Bedroom Apartments Available Now

Portrait at Hance Park

1313 N 2nd StPhoenix, AZ 85004
Student Housing
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Bask Deer Valley
Rent Specials
$1,266 - $2,426
Total Monthly Price

Total Monthly Price

Base Rent
$1,224 - $2,384
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2023Studio to 2 Bedroom Apartments Available Now

Bask Deer Valley

26800 N 27th AvePhoenix, AZ 85085
Corporate Housing
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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.

Phoenix, AZ Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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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.

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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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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 New Phoenix Apartments

What is the Cheapest New apartment in Phoenix?

Currently the most affordable New Apartment in Phoenix is at Phoenix Scholar House listed at $526.

How much is the average rent for a New Phoenix Apartment?

The average rent for a New Apartment in Phoenix is $2,401.

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 692 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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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.