Cheap Apartments for Rent in the Roosevelt Neighborhood of Phoenix, AZ from $500 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the Roosevelt area of Phoenix.

1233 W Pierce St

Adara

1212 W Roosevelt St

Ambassador West Apartments

VB on 12th

121 N 12th Ave

1214 W Roosevelt St
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.

ReNue Downtown Apartments

601 N 6th Ave

622 N 9th Ave

44 Monroe

1226 W Roosevelt St

Derby PHX
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.

Portrait at Hance Park

1013 E Palm Ln

817 N 6th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Muse Apartments

Union at Roosevelt

818 N 7th St

Circa Central Avenue

Arts District

1616 N Central Ave

The Stewart

Roosevelt Square

928 W McDowell Rd

The McKinley

Rosie
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Lydian

The Rey Downtown

iLuminate
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
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 | $1,525 | $750 | $3,040 |
Roosevelt 1 Bedroom Apartments | $2,050 | $670 | $5,500 |
Roosevelt 2 Bedroom Apartments | $2,806 | $995 | $6,702 |
Roosevelt 3 Bedroom Apartments | $2,327 | $825 | $9,997 |
Roosevelt 4 Bedroom Apartments | $1,058 | $775 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 70 rentals with your search options within a 1 mile radius of the Roosevelt Neighborhood of Phoenix, AZ.
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Roosevelt, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
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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 3 Beds apartment currently listed from $825. Here are the most affordable Roosevelt apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $717 |
Adara | C2 | 3BR,3BA | $825 |
X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $950 |
Reflections On Portland | One Bedroom | 1BR,1BA | $963 |
Ambassador West Apartments | One Bedroom | 1BR,1BA | $963 |
VB on 12th | A2 - Studio | Studio,1BA | $978 |
TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $999 |
Willetta Apartments | Woodhaven | 1BR,1BA | $1,049 |
The Continental | Studio | Studio,1BA | $1,100 |
Derby PHX | Studio | Studio,1BA | $1,154 |
Best Value Apartments for Rent in Roosevelt, AZ
As of July 29, 2025 the best value apartment in the Roosevelt area is the $1.51 price per square foot C - The Capitol - 60 Model at ReNue Downtown Apartments in the in the South Phoenix neighborhood starting from $1,658. The second greatest value Roosevelt apartment is the A2 Model at 44 Monroe starting at $2,072 with a $2.15 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. |
---|---|---|---|
ReNue Downtown Apartments | C - The Capitol - 60 | 3BR,2BA | $1.51 |
44 Monroe | A2 | 1BR,1BA | $2.15 |
The Met at 3rd and Fillmore | Chelsea | 1BR,1BA | $2.07 |
Linear | 1X1 - MCKINLEY | 1BR,1BA | $2.17 |
The Rey Downtown | The Bergman A1 | 1BR,1BA | $2.22 |
Arts District | Da Vinci | 1BR,1BA | $2.15 |
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $1.04 |
Skyline Lofts | Studio S1 | Studio ,1BA | $2.11 |
134 N 10th Ave, Unit FRONT | 134 N 10th Ave | 1BR,1BA | $2.00 |
Ambassador West Apartments | One Bedroom | 1BR,1BA | $2.00 |
Quick 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 #26
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!
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 the Cheapest Studio apartment in Roosevelt?
Currently the most affordable Cheap Studio Apartment in Roosevelt is at X Phoenix listed at $950.
How much is rent for a Cheap One Bedroom Roosevelt Apartment?
The lowest price for a Cheap One Bedroom Roosevelt Apartment is $717 at McCarty on Monroe.
What is the lowest price for a Cheap Two Bedroom Roosevelt Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Roosevelt is starting from $1,199 at Willetta Apartments.
What is the most affordable Roosevelt Three Bedroom Apartment?
The best deal on a cheap Roosevelt Three Bedroom Apartment rental is at Adara and starts from $825.
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.

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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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.

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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.

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.