Cheap Apartments for Rent in the Warehouse Neighborhood of Phoenix, AZ from $600 (68 Rentals)

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

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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.

property at 817 N 6th St

817 N 6th St

PhoenixAZ85004

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La Prada Apartments
Studio to 1 Bedroom Apartments

La Prada Apartments

829 N 4th AvePhoenix, AZ 85003
  • Utilities Included
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The Ritz Towers
Studio Apartments

The Ritz Towers

328 E Willetta StPhoenix, AZ 85004

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

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The Vue
Studio Apartments

The Vue

402 N 10th StPhoenix, AZ 85006

Warehouse, Phoenix, AZ Local Guide

Cheapest Available Warehouse Apartments for Rent

 

The cheapest available apartment rental in the Warehouse 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 Warehouse apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
AdaraC23BR,3BA$825
X PhoenixCOLIVING Suites in 4 BR/4BAStudio,1BA$950
Reflections On PortlandOne Bedroom1BR,1BA$963
Ambassador West ApartmentsOne Bedroom1BR,1BA$963
VB on 12thA2 - StudioStudio,1BA$978
TerraceVue1st Floor 1 Bedroom1BR,1BA$999
Willetta ApartmentsWoodhaven1BR,1BA$1,049
The ContinentalStudioStudio,1BA$1,100
Derby PHXStudioStudio,1BA$1,154

Best Value Apartments for Rent in Warehouse, AZ

As of July 30, 2025 the best value apartment in the Warehouse area is the $2.15 price per square foot A2 Model at 44 Monroe in the in the Central City neighborhood starting from $2,072. The second greatest value Warehouse apartment is the Chelsea Model at The Met at 3rd and Fillmore starting at $1,736 with a $2.07 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Warehouse apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
44 MonroeA21BR,1BA$2.15
The Met at 3rd and FillmoreChelsea1BR,1BA$2.07
Linear1x1 - ROOSEVELT1BR,1BA$2.09
Arts DistrictMunchStudio ,1BA$1.99
The Rey DowntownThe Bergman A11BR,1BA$2.22
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
Skyline LoftsStudio S1Studio ,1BA$2.11
Mason OliverE1Studio ,1BA$2.15
Union at RooseveltStudioStudio ,1BA$2.19
Ambassador West ApartmentsOne Bedroom1BR,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.

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Pet Friendly Lifestyle
Warehouse, 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 compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Phoenix. 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 the best outdoor access, transit availability, pet-friendly communities, multifamily communities for the kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Warehouse Apartments

What is a cheap apartment in Warehouse?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Warehouse is under $1,154.

What is the price of a cheap apartment in Warehouse?

The cheapest apartment in Warehouse is McCarty on Monroe which is listed at $717, while the average apartment in Warehouse costs $2,560.

What types of apartments are the cheapest in Warehouse?

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 324 regular apartments in Warehouse 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?

Cheap apartments in Warehouse have an average cost of $516 which is $2,044 cheaper than the average rent for all rentals in Warehouse.

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.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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.