Cheap Apartments for Rent in the Roosevelt Neighborhood of Phoenix, AZ from $500 (75 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Roosevelt area of Phoenix.

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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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.

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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.

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The 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.

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property at 2245 N Dayton St

2245 N Dayton St

PhoenixAZ85006
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Woodland West
Studio to 1 Bedroom Apartments

Woodland West

1201 W Woodland AvePhoenix, AZ 85007
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La Prada Apartments
Studio to 1 Bedroom Apartments

La Prada Apartments

829 N 4th AvePhoenix, AZ 85003
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McCarty on Monroe
1 to 2 Bedroom Apartments

McCarty on Monroe

1130 E Monroe StPhoenix, AZ 85034
Senior Living
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The Ritz Towers
Studio Apartments

The Ritz Towers

328 E Willetta StPhoenix, AZ 85004

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.

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Roosevelt, Phoenix, AZ Local Guide

Cheapest Available Roosevelt Apartments for Rent

 

The cheapest available apartment rental in the Roosevelt area of Phoenix, AZ is a 1 Bed unit found at McCarty on Monroe priced from $717. Adara has the second lowest priced unit, which is a 4 Beds apartment currently listed from $773. Here are the most affordable Roosevelt apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
AdaraD24BR,4BA$773
The ContinentalStudioStudio,1BA$875
Reflections On PortlandOne Bedroom1BR,1BA$899
Ambassador West ApartmentsOne Bedroom1BR,1BA$963
X PhoenixCOLIVING Suites in 4 BR/4BAStudio,1BA$970
VB on 12thB1 - 1 Bedroom 1 Bathroom1BR,1BA$978
TerraceVue1st Floor 1 Bedroom1BR,1BA$999
Derby PHXA1Studio,1BA$1,050
Coronado Court Apartment Homes0/1Studio,1BA$1,150

Best Value Apartments for Rent in Roosevelt, AZ

As of October 12, 2025 the best value apartment in the Roosevelt area is the $1.64 price per square foot 3 Bedroom/3.5 Bathrooms Model at 8th and Row Townhomes in the in the South Phoenix neighborhood starting from $2,595. The second greatest value Roosevelt apartment is the Two Bedroom Loft Model at Roosevelt Square starting at $2,468 with a $1.92 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Roosevelt apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8th and Row Townhomes3 Bedroom/3.5 Bathrooms3BR,3.5BA$1.64
Roosevelt SquareTwo Bedroom Loft2BR,2BA$1.92
The Rey DowntownThe Hepburn B22BR,2BA$2.17
Linear Apartment Homes2X2 - MONROE2BR,2BA$2.07
601 PaxB22BR,2BA$2.06
ReNue Downtown ApartmentsB - The Ballpark2BR,2BA$1.37
The Met at 3rd and FillmoreLoftStudio ,1BA$2.12
2025 N Richland St, Unit A2025 N Richland St2BR,1BA$2.00
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
Ambassador West ApartmentsOne Bedroom1BR,1BA$2.00

Quick 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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Pet Friendly Lifestyle
Roosevelt, Phoenix, AZ

Ranked #23

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Arizona including Roosevelt, Phoenix, and the greater Phoenix area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, family-friendliness, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Roosevelt Neighborhood in Phoenix, AZ

Walk Score®

88 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

87 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

61 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Roosevelt Apartments

What is a cheap apartment in Roosevelt?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Roosevelt is under $1,150.

What is the price of a cheap apartment in Roosevelt?

The cheapest apartment in Roosevelt is McCarty on Monroe which is listed at $717, while the average apartment in Roosevelt costs $2,793.

What types of apartments are the cheapest in Roosevelt?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 388 regular apartments in Roosevelt that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Roosevelt?

Cheap apartments in Roosevelt have an average cost of $440 which is $2,353 cheaper than the average rent for all rentals in Roosevelt.

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.

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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.