
New Apartments for Rent in Phoenix, AZ Under $5,400 (425 Rentals) Page 2 of 9


Onyx North Central

Village at Liberty Farms

Refinery at Pointe17

Seven Oaks

The Reserve at Thunderbird

ECO PHX
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.

Altitude Sixteen 75

Solara Vista

Village at Sonoran Vista

Village at Bronco Trail

Linear

Yardly Broadway

Bungalows at Camelback

56 North

Acero North Valley

District at Biltmore Apartments

The Crofton

Meritum Sheely Farms
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Kalon

Audere Apartments

Ascend At Black Canyon

MAA Central Ave

Lydian

Cielo at Tramonto

Avilla Vista Norte

Skye on 6th

Rosie

The McKinley

Alloy Midtown

Spire Deer Valley

1933 E Monroe St

Acero at Algodon Center

The Rey Downtown

Portrait at Hance Park

Callia

WaterWalk Phoenix – North Happy Valley

Broadstone 7th Street

Onyx Uptown PHX

Parc South Mountain

MAA Midtown Phoenix

iLuminate

Harwood

Elevation on Central

The Stewart

Villas at South Mountain

Alta 99th

Ironwood at Happy Valley

Mason Oliver

Muse Apartments
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 | $1,373 | $420 | $10,000+ |
Phoenix 1 Bedroom Apartments | $1,680 | $507 | $10,000+ |
Phoenix 2 Bedroom Apartments | $2,080 | $799 | $10,000+ |
Phoenix 3 Bedroom Apartments | $2,652 | $775 | $10,000+ |
Phoenix 4 Bedroom Apartments | $2,393 | $695 | $10,000+ |
Phoenix 5 Bedroom Apartments | $8,776 | $999 | $10,000+ |
Explore Phoenix
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 New Phoenix Apartments
What is the Cheapest New apartment in Phoenix?
Currently the most affordable New Apartment in Phoenix is at Garfield Terrace II listed at $507.
How much is the average rent for a New Phoenix Apartment?
The average rent for a New Apartment in Phoenix is $2,413.
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
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).

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.