Apartments for Rent in Phoenix, AZ Under $2,500 (2,281 Rentals)

Luxana Apartments

4303 Cactus E Rd, Unit 232B

69 E Columbus Ave, Unit 1

The Views at the Peak

The Residences on High Street
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.

Indigo

Elevation Townhomes

The Met at 3rd and Fillmore

Furnished Studio-Phoenix - Biltmore

AVE Phoenix Sky

Amavi Aster Ridge

The Clayton on Highland

350 E Virginia Cir, Unit 350

Willetta 15

Raymond Place Townhomes

Townhomes at Biltmore

Canopy at The Trails Townhomes
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.

Alta Biltmore

340 E Virginia Cir, Unit 340

Cielo at Tramonto

AVE Phoenix Terra

Montreux
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.

Fernwood Court Apartments

The Lofts on 7th

Williams Court

Lumara

Bloom at Deer Valley

Palazzo Townhomes

District at Biltmore Apartments

North Palms Townhomes

Aspire Park Central

LINQ at South Mountain
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

AVE Paradise Valley

Maxwell on 66th

Furnished Studio-Phoenix - Deer Valley

Slate Scottsdale

Aerie Happy Valley

Adeline Luxury Living

Furnished Studio-Phoenix - Midtown

1340 E Vista Ave, Unit 4

The M at Shadow Mountain
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 $2500 | $1,390 | $420 | $5,553 |
Phoenix 1 Bedroom Apartments Under $2500 | $1,658 | $670 | $10,000+ |
Phoenix 2 Bedroom Apartments Under $2500 | $2,069 | $805 | $10,000+ |
Phoenix 3 Bedroom Apartments Under $2500 | $2,616 | $775 | $10,000+ |
Phoenix 4 Bedroom Apartments Under $2500 | $1,961 | $699 | $10,000+ |
Phoenix 5 Bedroom Apartments | $8,380 | $999 | $10,000+ |
Browse Top Apartments in Phoenix
See all Apartments in PhoenixExplore Phoenix

Phoenix, AZ Local Guide
- Phoenix Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Getting Around Phoenix, AZ
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Phoenix
How much are Studio apartments in Phoenix?
There are currently 700 Studio Apartments in Phoenix with rent ranges from $420 to $5,553 with an average price of $1,390.
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 $670 to $25,000 with an average monthly rent of $1,658.
What does renting a Two Bedroom Apartment in Phoenix cost?
The monthly rent prices of Two Bedroom Apartments currently available in Phoenix range from $805 to $15,694. Today's average rental price for Two Bedrooms here is $2,069.
How expensive are Phoenix Three Bedroom Apartments?
There are currently 1,019 Three Bedroom Apartments listings available in Phoenix on ApartmentHomeLiving.com. The pricing ranges from $775 to $21,288 - averaging $2,616 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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).

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.