Cheap Homes for Rent in Phoenix, AZ from $600 (777 Rentals)

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Search the lowest-cost Homes available for rent right now in Phoenix.

property at 712 W Manhatton Dr

$600 - $2,800

Total Monthly Price

Total Monthly Price

Base Rent
$600 - $2,800

Total Monthly Price
$600 - $2,800

1 To 4 Bedroom Homes for Rent

Available Now

712 W Manhatton Dr

TempeAZ85282
property at 2111 E Chanute Pass

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 Bedroom, 1 Bath Home for Rent

Available Now

2111 E Chanute Pass

PhoenixAZ85040
property at 820 W 14th St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

3 Bedroom, 2 Bath Townhome for Rent

Available Now

820 W 14th St

TempeAZ85281
property at 2040 E Monte Vista Rd

$700 - $1,150

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $1,150

Total Monthly Price
$700 - $1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

2040 E Monte Vista Rd

PhoenixAZ85006
property at 328 E Dunbar Dr

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725

6 Bedroom, 2 Bath Home for Rent

Available Now

328 E Dunbar Dr

TempeAZ85282

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.

property at 3300 S Terrace Rd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

6 Bedroom, 3 Bath Home for Rent

Available Now

3300 S Terrace Rd

TempeAZ85282
property at 505 W Howe St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

5 Bedroom, 2 Bath Home for Rent

Available Now

505 W Howe St

TempeAZ85281

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 5322 W La Salle St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

5 Bedroom, 3 Bath Home for Rent

Available Now

5322 W La Salle St

LaveenAZ85339

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.

property at 2936 E Indian School Rd

$811

Total Monthly Price

Total Monthly Price

Base Rent
$811

Total Monthly Price
$811

Studio, 1 Bath Condo for Rent

Available Now

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.

property at 15046 W Sells Dr

$895 - $900

1 Bedroom, 1 Bath Home for Rent

Available Now

15046 W Sells Dr

GoodyearAZ85395

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Phoenix, AZ Local Guide

Cheapest Neighborhoods for Apartments in Phoenix, AZ

Pricing Updated: 08/30/2026

Current apartment rentals in the Phoenix, AZ area range in price from $291 to $32,233 with an overall median price of $1,636. The three Phoenix neighborhoods with the lowest median rent pricing are Gerardo Park at $999, Cactus District at $1,025, and Indian Villa at $1,043. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Phoenix Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Gerardo Park$999$672333
Cactus District$1,025$75954
Indian Villa$1,043$700109
Bethany Square Neighborhood$1,050$75916
Southwest Phoenix$1,074$67544
Colony by the Green$1,076$77932
West Plaza Estates$1,085$75926
Maryland Manor$1,085$75926
Heritage Estates$1,097$77955
Heritage Park$1,099$83192

Cheapest Available Phoenix Apartments for Rent

 

The cheapest available apartment rental in Phoenix, AZ is a 1 Bed unit found at Garfield Terrace in the South Phoenix neighborhood priced from $507. Santa Fe Springs in the North Phoenix neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $618. Here is today’s list of the most affordable Phoenix apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Garfield TerraceGarfield Terrace One Bedroom1BR,1BA$507
Santa Fe SpringsStudioStudio,1BA$618
AdaraCo-living 4BStudio,1BA$656
Los Vecinos ApartmentsStudioStudio,1BA$675
Sunrise on 35thStudioStudio,1BA$675
Ava ParkA21BR,1BA$680
Park at 55th1x1A1BR,1BA$687
Legacy Crossing I & IILG2 2 Bedroom2BR,2BA$688
Desert Meadows2 Bedroom/1 Bathroom2BR,1BA$689
Chateau Gardens Apartments0x1Studio,1BA$699

Best Value Apartments for Rent in Phoenix, AZ

As of August 30, 2026 the best value apartment in the Phoenix area is the $0.43 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $799. The second greatest value Phoenix apartment is the 2402 E 5th St Model at 2402 E 5th St, Unit UNIT 1618 starting at $725 with a $0.43 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Phoenix apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.43
2402 E 5th St, Unit UNIT 16182402 E 5th St4BR,3BA$0.43
Topaz PointeTopaz Pointe 3 Bedroom3BR,2BA$1.00
Villa Bella2 Beds, 2 Baths2BR,2BA$1.04
7130-7136 N 27th Ave2 Beds, 2 Baths2BR,2BA$0.93
Paradise Greens2 Bedroom2BR,2BA$1.01
Yugo Tempe Villas2 Bed, 2 Bath2BR,2BA$0.91
2813 E Paradise Ln2 Beds, 2 Baths2BR,2BA$1.00
Foothills Court ApartmentsTwo Bedroom, One Bath2BR,1BA$1.03
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Phoenix

What type of rentals are currently available in Phoenix?

There are currently 5907 Apartments for Rent in Phoenix, AZ with pricing that ranges from $291 to $32,233. There are also 4212 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix ranging from $600 to $75,000.

What is the current price range for Rental Homes in Phoenix?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Phoenix ranges from $600 to $75,000 with an average monthly rent of $3,536.

How much are larger Three and Four Bedroom Rentals in Phoenix?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Phoenix range from $801 to $20,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $30,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $676.

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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From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Written by: Andrew Jollett

I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

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Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips

Written by: Andrew Jollett

Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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.

decorative image for A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

A Phoenix Expert's 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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.