
Cheap Apartments for Rent in the Roosevelt Neighborhood of Phoenix, AZ from $500 (80 Rentals)
Search the lowest-cost Apartments available for rent right now in the Roosevelt area of Phoenix.


1233 W Pierce St

829 N 4th Ave

328 N 11th Pl

The Continental

VB on 12th

X Phoenix

1505 N 15th Ave

TerraceVue

Portland Apartments
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.

Carol Mary

809 N 9th Ave

Roosevelt Commons

821 N 3rd St

1117 N 5th St

Total Monthly Price
312 W Lynwood St, Unit 2, Unit 2

ReNue Downtown Apartments

Portrait at Hance Park

302 E Monte Vista Rd

Total Monthly Price
Sora
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.

Total Monthly Price
Konrad

1130 N 2nd St, Unit 215

377 N 4th Ave

Roosevelt Square

Circa Central Avenue

Total Monthly Price
The Stewart

129 N 11th Ave

845 N 9th Ave

Arts District Apartments

The McKinley
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.

Total Monthly Price
Ragsdale

Union at Roosevelt I and II

iLuminate Urban Apartment Homes

AVE Phoenix Sky

Lydian

Maeve Central Station

Total Monthly Price
44 Monroe

712 W Taylor St

706 W Taylor St

Total Monthly Price
Skye on 6th
From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

Linear Apartment Homes

Total Monthly Price
Rosie

Total Monthly Price
Derby

Total Monthly Price
601 Pax

Rainbow Road

Woodland West

Marquee

Reflections On Portland

Rose of Coronado

1153 E Taylor St
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.
Roosevelt, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Roosevelt?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roosevelt Studio Apartments | $1,552 | $731 | $4,244 |
| Roosevelt 1 Bedroom Apartments | $2,048 | $800 | $6,267 |
| Roosevelt 2 Bedroom Apartments | $2,945 | $1,065 | $8,455 |
| Roosevelt 3 Bedroom Apartments | $4,105 | $1,108 | $10,000+ |
| Roosevelt 4 Bedroom Apartments | $2,215 | $945 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 80 rentals with your search options within a 1 mile radius of the Roosevelt Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
Roosevelt, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Roosevelt Apartments for Rent
 The cheapest available apartment rental in the Roosevelt area of Phoenix, AZ is a Studio unit found at Adara priced from $731. 829 N 4th Ave has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Roosevelt apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Adara | Co-living 4B | Studio,1BA | $731 |
| 829 N 4th Ave | Studio, 1 bath | Studio,1BA | $775 |
| The Continental | Studio | Studio,1BA | $849 |
| VB on 12th | A1 - Studio | Studio,1BA | $857 |
| X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $899 |
| Portland Apartments | One Bedroom | 1BR,1BA | $999 |
| Carol Mary | One Bedroom | 1BR,1BA | $999 |
| Laird | Studio | Studio,1BA | $999 |
| TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $999 |
| Roosevelt Commons | 2x1BH | 2BR,1BA | $1,065 |
Best Value Apartments for Rent in Roosevelt, AZ
As of April 13, 2026 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 A5 Model at 44 Monroe starting at $2,470 with a $1.89 price per square foot in the Central City neighborhood. Here is today’s list of the best values for Roosevelt apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8th and Row Townhomes | 3 Bedroom/3.5 Bathrooms | 3BR,3.5BA | $1.64 |
| 44 Monroe | A5 | 1BR,1BA | $1.89 |
| McCarty on Monroe | 1 Bedroom (B) | 1BR,1BA | $1.37 |
| Linear Apartment Homes | 1X1 - WASHINGTON | 1BR,1BA | $1.85 |
| Roosevelt Commons | 2x1BH | 2BR,1BA | $1.48 |
| Coronado Court | 1/1 | 1BR,1BA | $1.84 |
| ReNue Downtown Apartments | A - The Arena | 1BR,1BA | $1.70 |
| Laird | Studio | Studio ,1BA | $1.58 |
| Portland Apartments | One Bedroom | 1BR,1BA | $1.77 |
| Carol Mary | One Bedroom | 1BR,1BA | $1.90 |
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.
Pet Friendly LifestyleRoosevelt, Phoenix, AZ
Ranked #23
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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!
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 $1,065.
What is the price of a cheap apartment in Roosevelt?
The cheapest apartment in Roosevelt is VB on 12th which is listed at $972, while the average apartment in Roosevelt costs $4,045.
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 1,281 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 $1,810 which is $2,235 cheaper than the average rent for all rentals in Roosevelt.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.