
Cheap Townhomes for Rent in Phoenix, AZ from $500 (116 Rentals)
Search the lowest-cost Townhomes available for rent right now in Phoenix.


3315 W Loma Ln

7235 N 55th Ave

7135 W Coolidge St

1201 E Moreland St

3131 W Cochise Dr

528 W Howe St

2846 E Kathleen Rd

6713 W Palmaire Ave

2802 N 43rd Ave
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.

2525 N 52nd St

4140 N 104th Dr

7126 N 19th Ave

1111 E University Dr

6814 N 35th Ave

4017 S 44th Way

6078 W Golden Ln

2945 N 19th Ave

5415 W Lynwood St

18818 N 34th Dr
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.

18811 N 19th Ave

2121 W Royal Palm Rd

1331 E Purdue Ave, Unit A

4625 N 12th Ave

5241 W Lynwood St

2311 W Glenrosa Ave

6026 W Oregon Ave

6046 W Townley Ave

8426 N 34th Dr

756 Joan D Arc Ave
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.

6028 W Oregon Ave

8500 E Indian School Rd

5102 E Piedmont Rd

3539 E Palm Ln

2021 W Hayward Ave

1601 W Sunnyside Dr

6417 S 10th St

5244 W Lynwood St

1221 N 85th Pl

9609 W Cinnabar Ave
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.

756 E Joan D Arc

3351 N 69th Dr

2202 W Heatherbrae Dr

841 E Sheridan St

6550 N 47th Ave

1813 N 18th St

617 S Roosevelt St

4608 W Maryland Ave

5035 N 10th Pl

10411 N 11th Ave
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.
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 | $2,630 | $800 | $10,000+ |
| Phoenix 3 Bedroom Homes for Rent | $3,242 | $849 | $10,000+ |
| Phoenix 4 Bedroom Homes for Rent | $4,622 | $750 | $10,000+ |
| Phoenix 5 Bedroom Homes for Rent | $7,825 | $1,725 | $10,000+ |
| Phoenix 6 Bedroom Homes for Rent | $12,564 | $2,700 | $10,000+ |
| Phoenix 7 Bedroom Homes for Rent | $22,499 | $3,500 | $10,000+ |
Explore Phoenix
Phoenix, AZ Local Guide
- Phoenix Neighborhoods
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleA 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 5858 Apartments for Rent in Phoenix, AZ with pricing that ranges from $526 to $31,043. There are also 4256 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix ranging from $599 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 $599 to $75,000 with an average monthly rent of $7,570.
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 $19,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $849 to $30,000. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $770.
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.