Cheap Homes for Rent in Phoenix, AZ from $600 (871 Rentals)

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property at 8902 N 19th Ave

8902 N 19th Ave

PhoenixAZ85021
Showing Results 1-50, Page 1 of 18

Phoenix, AZ Local Guide

Cheapest Neighborhoods for Apartments in Phoenix, AZ

Pricing Updated: 07/14/2025

Current apartment rentals in the Phoenix, AZ area range in price from $420 to $41,680 with an overall median price of $4,386. The three Phoenix neighborhoods with the lowest median rent pricing are Fuller Ranch at $1,038, Cottage Grove at $950, and Sherwood at $849. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Phoenix Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fuller Ranch$1,280$1,03819
Cottage Grove$1,335$95064
Sherwood$1,335$84969
Alta Mesa$1,352$1,02015
McAfee Heights$1,357$95047
Reed Park$1,380$84942
Hawthorne$1,399$95058
Heritage Park$1,399$1,05026
Community Fiesta$1,415$84928
Watertower$1,416$84916

Cheapest Available Phoenix Apartments for Rent

 

The cheapest available apartment rental in Phoenix, AZ is a Studio unit found at Coral Gardens in the South Phoenix neighborhood priced from $420. Legacy Crossing I & II in the South Phoenix neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $647. Here is today’s list of the most affordable Phoenix apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Coral GardensStudioStudio,1BA$420
Legacy Crossing I & II1 bedroom1BR,1BA$647
Tides on 51st0BD, 1BTHStudio,1BA$663
Aspire West PhoenixStudioStudio,1BA$666
Rise ParksideS1 PartialStudio,1BA$675
Crosstown Phoenixe10a - EastStudio,1BA$693
2025 West Apartment HomesS1Studio,1BA$696
Residence at TollesonStudioStudio,1BA$699
Residence at McDowellStudioStudio,1BA$699
Eclipse ApartmentsStudioStudio,1BA$699

Best Value Apartments for Rent in Phoenix, AZ

As of July 14, 2025 the best value apartment in the Phoenix area is the $1.00 price per square foot Main House + 2br Casita Model at 5418 E Yolantha St in the in the North Scottsdale neighborhood starting from $3,000. The second greatest value Phoenix apartment is the one bed room Model at Craig Byrd starting at $1,000 with a $0.71 price per square foot in the Hesper Knoll at Palm Valley 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.
5418 E Yolantha StMain House + 2br Casita5BR,3.5BA$1.00
Craig Byrdone bed room1BR,1BA$0.71
Villas at PapagoTwo Bedroom2BR,1BA$1.08
Station 19 Apartments2X2WD-D2BR,2BA$1.11
Paradise Greens2 Bedroom2BR,2BA$1.16
Paradise Palms I1 Bedroom1BR,1BA$1.06
Legacy Crossing I & II1 bedroom1BR,1BA$0.93
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
La Buena Vida1 Bed, 1 bath1BR,1BA$1.04
Park LeeOne-Bedroom1BR,1BA$1.06

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Frequently Asked Questions about Phoenix

What type of rentals are currently available in Phoenix?

There are currently 5811 Apartments for Rent in Phoenix, AZ with pricing that ranges from $420 to $41,680. There are also 5121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix ranging from $650 to $60,000.

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 $650 to $60,000 with an average monthly rent of $5,970.

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 $775 to $20,583, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $25,000. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $725.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.