
Cheap Apartments for Rent in the Roosevelt Neighborhood of Phoenix, AZ from $500 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in the Roosevelt area of Phoenix.


Roosevelt Point

1233 W Pierce St

ANOVA Central Station

1212 W Roosevelt St

1214 W Roosevelt St

Derby PHX
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.

44 Monroe

622 N 9th Ave

601 N 6th Ave

The Continental

VB on 12th

1226 W Roosevelt St

821 N 3rd St
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.

ReNue Downtown Apartments

Skye on 6th

The Stewart

121 N 12th Ave

Muse Apartments

Circa Central Avenue

Portrait at Hance Park

Roosevelt Square

AVE Phoenix Sky

1020 North 11th 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.

1313 W Taylor St

PALMTower

Rosie

Lydian

The McKinley

The Rey Downtown

Union at Roosevelt

290 E Roosevelt St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,671 | $750 | $6,700 |
Roosevelt 1 Bedroom Apartments | $2,114 | $651 | $5,500 |
Roosevelt 2 Bedroom Apartments | $2,946 | $1,149 | $6,702 |
Roosevelt 3 Bedroom Apartments | $2,598 | $799 | $9,997 |
Roosevelt 4 Bedroom Apartments | $940 | $699 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 64 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 1 Bed unit found at Ambassador West Apartments priced from $651. Marquee has the second lowest priced unit, which is a 1 Bed apartment currently listed from $670. Here are the most affordable Roosevelt apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ambassador West Apartments | One Bedroom | 1BR,1BA | $651 |
Marquee | One Bedroom 559 Sq Ft A | 1BR,1BA | $670 |
Roosevelt Point | D2 | 4BR,4BA | $699 |
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $717 |
X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $950 |
Reflections On Portland | One Bedroom | 1BR,1BA | $963 |
TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $999 |
Altura | S6 - Affordable | Studio,1BA | $1,025 |
Willetta Apartments | Woodhaven | 1BR,1BA | $1,049 |
Derby PHX | Studio | Studio,1BA | $1,099 |
Best Value Apartments for Rent in Roosevelt, AZ
As of June 08, 2025 the best value apartment in the Roosevelt area is the $2.18 price per square foot A2 Model at 44 Monroe in the in the Central City neighborhood starting from $2,097. The second greatest value Roosevelt apartment is the Dali Model at Arts District starting at $1,744 with a $2.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
44 Monroe | A2 | 1BR,1BA | $2.18 |
Arts District | Dali | 1BR,1BA | $2.28 |
2025 N Richland St, Unit A | 2025 N Richland St | 2BR,1BA | $2.07 |
ReNue Downtown Apartments | The Arena | 1BR,1BA | $1.87 |
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $1.04 |
Skyline Lofts | Studio S1 | Studio ,1BA | $2.12 |
Marquee | One Bedroom 559 Sq Ft A | 1BR,1BA | $1.04 |
Willetta Apartments | Augusta | Studio ,1BA | $2.25 |
Ambassador West Apartments | One Bedroom | 1BR,1BA | $1.35 |
Roosevelt Point | D2 | 4BR,4BA | $2.24 |
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 #30
Among neighborhoods in Phoenix, AZ 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®
86 / 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 $1,099.
What is the price of a cheap apartment in Roosevelt?
The cheapest apartment in Roosevelt is Ambassador West Apartments which is listed at $651, while the average apartment in Roosevelt costs $2,907.
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 44 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 $251 which is $2,656 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.

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).

The Art of the Rental Viewing: What to look for during a property tour
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.