New Apartments for Rent in Phoenix, AZ Under $1,500 (236 Rentals)

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Axis Camelback
Rent Specials
$1,500 - $3,430
Total Monthly Price

Total Monthly Price

Base Rent
$1,432 - $3,362
Required Monthly Fees
$68

Total Monthly Price
$1,500 - $3,430
Built in 20181 to 2 Bedroom Apartments Available Now

Axis Camelback

4949 N 7th StPhoenix, AZ 85014
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Allero 59
Rent Specials
$1,499 - $2,274
Total Monthly Price

Total Monthly Price

Base Rent
$1,304 - $2,079
Required Monthly Fees
$195

Total Monthly Price
$1,499 - $2,274
Built in 20241 to 3 Bedroom Apartments Available Now

Allero 59

5821 W McDowell RdPhoenix, AZ 85035
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Skye on 6th
Rent Specials
$1,477 - $5,113
Total Monthly Price

Total Monthly Price

Base Rent
$1,368 - $5,004
Required Monthly Fees
$109

Total Monthly Price
$1,477 - $5,113
Built in 2023Studio to 3 Bedroom Apartments Available Now

Skye on 6th

817 N 6th StPhoenix, AZ 85004
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The McKinley
Rent Specials
$1,475 - $2,330
Total Monthly Price

Total Monthly Price

Base Rent
$1,448 - $2,303
Required Monthly Fees
$27

Total Monthly Price
$1,475 - $2,330
Built in 2020Studio to 2 Bedroom Apartments Available Feb 14

The McKinley

280 W McKinley StPhoenix, AZ 85003
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Peak 16
$1,472 - $2,284
Total Monthly Price

Total Monthly Price

Base Rent
$1,417 - $2,229
Required Monthly Fees
$55

Total Monthly Price
$1,472 - $2,284
Built in 2017Studio to 2 Bedroom Apartments Available Now

Peak 16

5151 N 16th StPhoenix, AZ 85016
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Aura Uptown
Rent Specials
$1,470 - $2,265
Total Monthly Price

Total Monthly Price

Base Rent
$1,257 - $2,052
Required Monthly Fees
$213

Total Monthly Price
$1,470 - $2,265
Built in 2025Studio to 2 Bedroom Apartments Available Now

Aura Uptown

201 W Coolidge StPhoenix, AZ 85013
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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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Rosie
Rent Specials
$1,470 - $3,610
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $3,610

Total Monthly Price
$1,470 - $3,610
Built in 2025Studio to 2 Bedroom Apartments Available Now

Rosie

625 N 2nd AvePhoenix, AZ 85003
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Meritum Sheely Farms
Rent Specials
$1,400 - $2,346
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,316
Required Monthly Fees
$30

Total Monthly Price
$1,400 - $2,346
Built in 20241 to 3 Bedroom Apartments Available Now

Meritum Sheely Farms

2121 N 99th AvePhoenix, AZ 85037
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WaterWalk Phoenix – North Happy Valley
$1,400 - $1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,650
Required Monthly Fees
$250

Total Monthly Price
$1,400 - $1,900
Built in 20221 to 2 Bedroom Apartments Contact Us For Availability

WaterWalk Phoenix – North Happy Valley

1905 W Pinnacle Peak RdPhoenix, AZ 85027
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Onyx Uptown PHX
Rent Specials
$1,399 - $2,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,386 - $2,986
Required Monthly Fees
$13

Total Monthly Price
$1,399 - $2,999
Built in 20241 to 3 Bedroom Apartments Available Now

Onyx Uptown PHX

500 W Camelback RdPhoenix, AZ 85013
Affordability
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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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Acero North Valley
Rent Specials
$1,390 - $3,173
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $3,143
Required Monthly Fees
$30

Total Monthly Price
$1,390 - $3,173
Built in 20201 to 3 Bedroom Apartments Available Now

Acero North Valley

33500 N North Valley PkyPhoenix, AZ 85085
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Ascend At Black Canyon
Rent Specials
$1,386 - $2,246
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $2,190
Required Monthly Fees
$56

Total Monthly Price
$1,386 - $2,246
Built in 20231 to 3 Bedroom Apartments Available Now

Ascend At Black Canyon

28201 N Black Canyon HwyPhoenix, AZ 85085
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Alta 99th
Rent Specials
$1,381 - $2,426
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $2,390
Required Monthly Fees
$36

Total Monthly Price
$1,381 - $2,426
Built in 20241 to 3 Bedroom Apartments Available Now

Alta 99th

4411 N 99th AvePhoenix, AZ 85037
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PALMTower
Rent Specials
$1,375 - $3,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,286 - $3,810
Required Monthly Fees
$89

Total Monthly Price
$1,375 - $3,899
Built in 2024Studio to 3 Bedroom Apartments Available Now

PALMTower

440 E Van Buren StPhoenix, AZ 85004
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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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The Art of the Rental Viewing: What to look for during a property tour

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 - $3,336
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $3,306
Required Monthly Fees
$30

Total Monthly Price
$1,325 - $3,336
Built in 20211 to 3 Bedroom Apartments Available Now

Acero at Algodon Center

3223 N Algodon WayPhoenix, AZ 85037
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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.

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The Battery
Rent Specials
$1,315 - $2,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,278 - $2,683
Required Monthly Fees
$37

Total Monthly Price
$1,315 - $2,720
Built in 2022Studio to 2 Bedroom Apartments Available Now

The Battery

411 S 3rd StPhoenix, AZ 85004
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Portrait at Hance Park
Rent Specials
$1,300 - $3,015
Total Monthly Price

Total Monthly Price

Base Rent
$1,241 - $2,956
Required Monthly Fees
$59

Total Monthly Price
$1,300 - $3,015
Built in 2019Studio to 3 Bedroom Apartments Available Now

Portrait at Hance Park

1313 N 2nd StPhoenix, AZ 85004
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The Stewart
Rent Specials
$1,286 - $4,287
Total Monthly Price

Total Monthly Price

Base Rent
$1,249 - $4,250
Required Monthly Fees
$37

Total Monthly Price
$1,286 - $4,287
Built in 2019Studio to 2 Bedroom Apartments Available Now

The Stewart

800 N Central AvePhoenix, AZ 85003
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Ragsdale
Rent Specials
$1,271 - $2,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,151 - $2,675
Required Monthly Fees
$120

Total Monthly Price
$1,271 - $2,795
Built in 2026Studio to 2 Bedroom Apartments Available Now

Ragsdale

1140 E Washington StPhoenix, AZ 85034
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Bask Deer Valley
Rent Specials
$1,244 - $2,155
Total Monthly Price

Total Monthly Price

Base Rent
$1,202 - $2,113
Required Monthly Fees
$42

Total Monthly Price
$1,244 - $2,155
Built in 2023Studio to 2 Bedroom Apartments Available Now

Bask Deer Valley

26800 N 27th AvePhoenix, AZ 85085
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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.

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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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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Quick 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.

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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 Vista Village on Van Buren listed at $649.

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

The average rent for a New Apartment in Phoenix is $2,382.

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 $3,199 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 689 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.