Cheap Apartments for Rent in the Roosevelt Neighborhood of Phoenix, AZ from $500 (83 Rentals)

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 125 N 11th Ave

$1,350 - $2,695

1 To 2 Bedroom Rentals

Available Now

125 N 11th Ave

PhoenixAZ85007

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.

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property at 817 N 6th St

$1,422 - $3,263

Studio To 2 Bedroom Rentals

Available Now

817 N 6th St

PhoenixAZ85004

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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 $740. 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$740
Reflections On PortlandOne Bedroom1BR,1BA$749
VB on 12thB1 - 1 Bedroom 1 Bathroom1BR,1BA$917
Ambassador West ApartmentsOne Bedroom1BR,1BA$963
Carol MaryOne Bedroom1BR,1BA$999
TerraceVue1st Floor 1 Bedroom1BR,1BA$999
Portland ApartmentsOne Bedroom1BR,1BA$999
62 W Culver StOne bed1BR,1BA$1,000
X PhoenixCOLIVING Suites in 4 BR/4BAStudio,1BA$1,120

Best Value Apartments for Rent in Roosevelt, AZ

As of January 11, 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 543 W Coronado Rd Model at 543 W Coronado Rd, Unit 4 starting at $1,900 with a $1.60 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
543 W Coronado Rd, Unit 4543 W Coronado Rd2BR,1BA$1.60
Roosevelt Commons2x2I2BR,2BA$1.21
62 W Culver StOne bed1BR,1BA$1.00
The Met at 3rd and FillmoreLoftStudio ,1BA$1.89
McCarty on Monroe1 Bedroom (B)1BR,1BA$1.37
Roosevelt SquareStudio A2Studio ,1BA$1.84
Portland ApartmentsOne Bedroom1BR,1BA$1.31
Coronado Court Apartment Homes1/11BR,1BA$1.84
ReNue Downtown ApartmentsA - The Arena1BR,1BA$1.80

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.

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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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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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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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Expert'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

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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.

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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!

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 $1,120.

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 $2,797.

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 1,466 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 $1,540 which is $1,257 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

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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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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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

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.

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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

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!