2019 E Southern Ave
PhoenixAZ85040
Cheap Homes for Rent in Phoenix, AZ from $600 (699 Rentals)
Search the lowest-cost Homes available for rent right now in Phoenix.
820 W 9th St
TempeAZ85281
4541 N Old Romero Rd
TucsonAZ85705
3540 W Monterey Way
PhoenixAZ85019
2019 E Southern Ave
PhoenixAZ85040
12340 N 72nd Dr
PeoriaAZ85381
3420 W Campo Bello Dr
PhoenixAZ85053
3518 W Lynwood St
PhoenixAZ85009
3518 W Lynwood St
PhoenixAZ85009
5117 S 15th Pl
PhoenixAZ85040
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
7554 W Cholla St
PeoriaAZ85345
6924 W Southgate Ave
PhoenixAZ85043
1 W La Salle St
LaveenAZ85339
505 W Howe St
TempeAZ85281
5124 W Harmont Dr
GlendaleAZ85302
1939 E Concorda Dr
TempeAZ85282
12340 N 72nd Dr
PeoriaAZ85381
3810 N Maryvale Pkwy
PhoenixAZ85031
1507 E Harvard St
PhoenixAZ85006
1102 E Polk St
PhoenixAZ85006
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.
1153 E Taylor St
PhoenixAZ85006
1324 E Taylor St
PhoenixAZ85006
1429 E Fillmore St
PhoenixAZ85006
1634 E Monroe St
PhoenixAZ85034
1502 E Adams St
PhoenixAZ85034
322 N 13th St
PhoenixAZ85006
322 N 13th St
PhoenixAZ85006
3757 W Joan De Arc Ave
PhoenixAZ85029
3757 W Joan De Arc Ave
PhoenixAZ85029
3757 W Joan De Arc Ave
PhoenixAZ85029
Cash 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.
12029 W Apache St
AvondaleAZ85323
1983 E Don Carlos Ave, Unit Cozy
1983 E Don Carlos Ave
TempeAZ85281
4829 N 37th Ave
PhoenixAZ85019
2610 S Ventura Dr
TempeAZ85282
3223 W Madison St
PhoenixAZ85009
4829 N 37th Ave, Unit 4
4829 N 37th Ave
PhoenixAZ85019
3120 W Bloomfield Rd
PhoenixAZ85029
907 N 22nd Pl
PhoenixAZ85006
1939 E Concorda Dr
TempeAZ85282
3757 W Joan De Arc Ave
PhoenixAZ85029
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.
3940 W Palo Verde Dr
PhoenixAZ85019
3816 W Misty Willow Ln
GlendaleAZ85310
1904 S Shannon Dr
TempeAZ85281
3518 W Lynwood St
PhoenixAZ85009
8948 W Colter St
GlendaleAZ85305
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$850Studio Apartments Available Now
1402 W Mercer Ln, Unit 3
1402 W Mercer LnPhoenix, AZ 85029
3033 E Devonshire Ave
PhoenixAZ85016
3645 W Hadley St
PhoenixAZ85009
9238 N 7th Ave
PhoenixAZ85021
2348 W Laurel Ln
PhoenixAZ85029
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.
Showing Results 1-50, Page 1 of 14
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 | $2,762 | $700 | $10,000+ |
| Phoenix 3 Bedroom Homes for Rent | $3,197 | $750 | $10,000+ |
| Phoenix 4 Bedroom Homes for Rent | $4,231 | $1,000 | $10,000+ |
| Phoenix 5 Bedroom Homes for Rent | $7,731 | $750 | $10,000+ |
| Phoenix 6 Bedroom Homes for Rent | $15,743 | $699 | $10,000+ |
| Phoenix 7 Bedroom Homes for Rent | $7,472 | $2,950 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Phoenix, AZ Local Guide
- Phoenix Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Phoenix, AZ
Pricing Updated: 07/14/2026Current apartment rentals in the Phoenix, AZ area range in price from $242 to $33,931 with an overall median price of $6,037. The three Phoenix neighborhoods with the lowest median rent pricing are North Center Street at $879, McAfee Heights at $925, and Colony by the Green at $799. 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 Center Street | $1,326 | $879 | 15 |
| McAfee Heights | $1,338 | $925 | 20 |
| Colony by the Green | $1,350 | $799 | 37 |
| Fairway North | $1,350 | $879 | 12 |
| Sherwood | $1,375 | $899 | 44 |
| Reed Park | $1,383 | $899 | 45 |
| Adobe Hills | $1,400 | $1,000 | 37 |
| Pleasant Shadows | $1,401 | $995 | 12 |
| Hawthorne | $1,402 | $899 | 33 |
| Mesafield | $1,465 | $879 | 40 |
Cheapest Available Phoenix Apartments for Rent
The cheapest available apartment rental in Phoenix, AZ is a 1 Bed unit found at Santa Fe Springs in the North Phoenix neighborhood priced from $242. Garfield Terrace in the South Phoenix neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $507. Here is today’s list of the most affordable Phoenix apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Springs | One Bedroom | 1BR,1BA | $242 |
| Garfield Terrace | Garfield Terrace One Bedroom | 1BR,1BA | $507 |
| Residence at Tolleson | Studio | Studio,1BA | $599 |
| 2025 West Apartment Homes | S1 | Studio,1BA | $630 |
| South Summit Estates | Two Bedroom One Bathroom | 2BR,1BA | $631 |
| Tides on 51st | Studio | Studio,1BA | $649 |
| 6738 N 55th Dr | 1 Beds, 1 Baths | 1BR,1BA | $650 |
| Solmere Phoenix | S1 | Studio,1BA | $653 |
| Rise at the Preserve | S1 Platinum | Studio,1BA | $670 |
| Rise Parkside | S1 Gold | Studio,1BA | $670 |
Best Value Apartments for Rent in Phoenix, AZ
As of July 14, 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 D3 Model at Canvas starting at $1,249 with a $0.92 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 | $0.43 |
| Canvas | D3 | 4BR,4BA | $0.92 |
| The District on Apache | 3x3 Luxe | 3BR,3BA | $0.89 |
| Revive 25 Apartments | Two Bedroom | 2BR,2BA | $0.86 |
| Legacy Crossing I & II | 3 bedroom | 3BR,2BA | $0.72 |
| Topaz Pointe | Topaz Pointe 3 Bedroom | 3BR,2BA | $1.00 |
| McCarty on Monroe | 1 Bedroom (C) | 1BR,1BA | $0.99 |
| Windrose Villas Apartments | Two Bedroom, One Bath | 2BR,1BA | $0.94 |
| 6738 N 55th Dr | 1 Beds, 1 Baths | 1BR,1BA | $0.81 |
| Garfield Terrace | Garfield Terrace One Bedroom | 1BR,1BA | $0.78 |
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 Article
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.
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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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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.
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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 5809 Apartments for Rent in Phoenix, AZ with pricing that ranges from $242 to $33,931. There are also 4157 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix ranging from $675 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 $675 to $75,000 with an average monthly rent of $5,855.
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 $730 to $29,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $30,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $650.
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 Expert's 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).
Expert's 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 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.
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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.