
Cheap Homes for Rent in Phoenix, AZ from $600 (956 Rentals)
Search the lowest-cost Homes available for rent right now in Phoenix.


14209 N 45th Ave

2080 E Greenway Dr

1720 E Hermosa Dr

4025 E St Charles Ave

5322 W La Salle St

9632 N 58th Ln

6738 N 55th Ave

12340 N 72nd Dr

12340 N 72nd Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1713 W Hazelwood St

5128 N 15th St

1601 W Camelback Rd

7027 S 45th Ave

1213 N 28th St

7543 W Brown St., Unit Unit B

2645 E Cactus Rd

1505 E Harvard St

1831 W Mulberry Dr

1037 N 25th St
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.

13517 W Glendale Ave

2250 W Glendale Ave

322 N 13th St

3004 E Waltann Ln

3004 E Waltann Ln

9230 N 6th St

9230 N 6th St

4828 W Orangewood Ave

2222 W Morningside Dr

3645 W Hadley St
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.

5827 W Vista Ave

5827 W Vista Ave

8755 E Sage Dr

12029 W Apache St

8902 N 19th Ave

1939 E Concorda Dr

4213 N Westview Dr

12340 N 72nd Dr

12340 N 72nd Dr

4213 N Westview Dr
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.

3810 N Maryvale Pkwy

1645 E Thomas Rd

1645 E Thomas Rd

2936 E Indian School Rd

810 E Colter St

1325 E Don Carlos Ave

3816 W Misty Willow Ln

3816 W Misty Willow Ln

12340 N 72nd Dr

1325 E Don Carlos Ave
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

How much does it cost to rent a home in Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phoenix 2 Bedroom Homes for Rent | $2,649 | $895 | $10,000+ |
| Phoenix 3 Bedroom Homes for Rent | $3,249 | $800 | $10,000+ |
| Phoenix 4 Bedroom Homes for Rent | $4,512 | $800 | $10,000+ |
| Phoenix 5 Bedroom Homes for Rent | $8,248 | $675 | $10,000+ |
| Phoenix 6 Bedroom Homes for Rent | $13,285 | $800 | $10,000+ |
| Phoenix 7 Bedroom Homes for Rent | $18,308 | $675 | $10,000+ |
Browse Top Homes for Rent in Phoenix
Explore Phoenix
Phoenix, AZ Local Guide
- Phoenix Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Phoenix, AZ
Pricing Updated: 02/27/2026Current apartment rentals in the Phoenix, AZ area range in price from $636 to $75,000 with an overall median price of $6,961. The three Phoenix neighborhoods with the lowest median rent pricing are North Mountain at $1,100, Capitol at $850, and Fuller Ranch at $950. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Phoenix Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North Mountain | $1,849 | $1,100 | 11 |
| Capitol | $1,895 | $850 | 12 |
| Fuller Ranch | $1,975 | $950 | 12 |
| Alhambra | $2,082 | $890 | 14 |
| Bethany Square Neighborhood | $2,087 | $700 | 14 |
| Gerardo Park | $2,097 | $741 | 23 |
| Southbank | $2,145 | $995 | 41 |
| Cactus District | $2,175 | $700 | 20 |
| The Heart of Glendale | $2,175 | $700 | 23 |
| Southwest Phoenix | $2,182 | $800 | 23 |
Cheapest Available Phoenix Apartments for Rent
 The cheapest available apartment rental in Phoenix, AZ is a 1 Bed unit found at Phoenix Scholar House in the Encanto neighborhood priced from $526. Lumina on 19th Apartments in the North Phoenix neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $539. Here is today’s list of the most affordable Phoenix apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Phoenix Scholar House | Phoenix Scholar House 1/1 588 SF | 1BR,1BA | $526 |
| Lumina on 19th Apartments | S2 | Studio,1BA | $539 |
| Cielo Apartments | Studio | Studio,1BA | $627 |
| Legacy Crossing I & II | LG2 3 Bedroom | 3BR,2BA | $639 |
| Sunrise on 35th | Studio | Studio,1BA | $675 |
| Biltmore on the Lake | Studio (0x1)-patio | Studio,1BA | $679 |
| Spring Meadow Apartments | One Bedroom Small | 1BR,1BA | $690 |
| Centerline on Glendale Phase II | B1 | 2BR,1BA | $694 |
| The Venue on Camelback Apartments | Honey | Studio,1BA | $698 |
| Chateau Gardens Apartments | 0x1 | Studio,1BA | $699 |
Best Value Apartments for Rent in Phoenix, AZ
As of February 28, 2026 the best value apartment in the Phoenix area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value Phoenix apartment is the D1 PHPV Model at Nine20 Tempe starting at $1,059 with a $0.73 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Phoenix apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts on 8th | Student Housing | Furnished Townhome | 4BR,4.5BA | $0.53 |
| Nine20 Tempe | D1 PHPV | 4BR,4BA | $0.73 |
| Copper Stone on 32nd | 3B2B - B | 3BR,2BA | $0.86 |
| Topaz Pointe | Topaz Pointe 3 Bedroom | 3BR,2BA | $1.00 |
| Villas at Papago | Two Bedroom Villas | 2BR,1BA | $0.97 |
| 62 W Culver St | One bed | 1BR,1BA | $1.00 |
| U Apartments @ Melrose | 2x1 B1 R | 2BR,1BA | $1.04 |
| Foothills Court Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.03 |
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $1.04 |
| Park Lee | One-Bedroom | 1BR,1BA | $1.06 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleExpert'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
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Phoenix, AZ Rentals by Map
See the most popular apartments and homes in Phoenix, AZ
Frequently Asked Questions about Phoenix
What type of rentals are currently available in Phoenix?
There are currently 5904 Apartments for Rent in Phoenix, AZ with pricing that ranges from $526 to $26,939. There are also 4515 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix ranging from $636 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 $636 to $75,000 with an average monthly rent of $7,180.
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 $727 to $19,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $30,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $750.
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

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).

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.

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.

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

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.

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.

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.

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.