Cheap Apartments for Rent in the Warehouse District Phoenix, AZ from $700 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
Monroe Street Abbey
Studio to 2 Bedroom Apartments

Monroe Street Abbey

334 W Monroe StPhoenix, AZ 85003
  • Utilities Included
close
View Me
Camden Copper Square
Studio to 2 Bedroom Apartments

Camden Copper Square

901 E Van Buren StPhoenix, AZ 85006
  • Utilities Included

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.

Cheapest Available Warehouse District Apartments for Rent

 

The cheapest available apartment rental in the Warehouse District area of Phoenix, AZ is a Studio unit found at X Phoenix priced from $899. Matthew Henson Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,083. Here are the most affordable Warehouse District apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
X PhoenixCOLIVING Suites in 4 BR/4BAStudio,1BA$899
Matthew Henson ApartmentsOne Bedroom Garden1BR,1BA$1,083
ANOVA Central StationCentral Station S1Studio,1BA$1,225
Senior Living at Matthew Henson Apartments1 Bedroom Tax Credit***1BR,1BA$1,262
The BatteryA-11BR,1BA$1,479

Best Value Apartments for Rent in Warehouse District, AZ

As of October 25, 2025 the best value apartment in the Warehouse District area is the $2.55 price per square foot B4-PH1 Model at 44 Monroe in the in the Central City neighborhood starting from $5,480. The second greatest value Warehouse District apartment is the A3 Model at The Ryan starting at $2,154 with a $2.59 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Warehouse District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
44 MonroeB4-PH12BR,2BA$2.55
The RyanA31BR,1BA$2.59
Adeline Luxury LivingA2-B1BR,1BA$3.65
Matthew Henson ApartmentsOne Bedroom Garden1BR,1BA$1.55
The BatteryA-11BR,1BA$2.45
Senior Living at Matthew Henson Apartments1 Bedroom Tax Credit***1BR,1BA$2.22
Cityscape ResidencesS2Studio ,1BA$3.05
PALMTowerS1 - 0BR/1BAStudio ,1BA$3.19
X PhoenixStudio - S1Studio ,1BA$3.95
ANOVA Central StationCentral Station S2Studio ,1BA$4.21

Getting Around the Warehouse District Neighborhood in Phoenix, AZ

Walk Score®

86 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

71 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

62 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Warehouse District Apartments

What is a cheap apartment in Warehouse District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Warehouse District is under $2,154.

What is the price of a cheap apartment in Warehouse District?

The cheapest apartment in Warehouse District is Matthew Henson Apartments which is listed at $1,083, while the average apartment in Warehouse District costs $2,670.

What types of apartments are the cheapest in Warehouse District?

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 298 regular apartments in Warehouse District 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 Warehouse District?

Cheap apartments in Warehouse District have an average cost of $801 which is $1,869 cheaper than the average rent for all rentals in Warehouse District.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.