
Cheap Apartments for Rent in the 85040 ZIP Code of Phoenix, AZ from $300 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the 85040 ZIP Code area of Phoenix.


5615 S 5th St

Grandfamilies Place

Mountain Vista

2340 E Marguerite Ave, Unit Bedroom 3

Apex on Central

305 E Roeser Rd

902 E Southern Ave
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.

Sunrise Vista

4619 S 16th St

719 E Roeser Rd

Topaz Pointe

Esteban Park

4212 S 47th St

2912 E Roeser Rd

2723 e southgate ave, Unit 102
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.

Parc South Mountain

Somo Lofts

Furnished Studio-Phoenix - Airport

Tanner Manor Apartments

Roeser Apartments

Seven Palms Apartments

2918 E Roeser Rd

4619 S 16th St
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

Dahlia Village

Brighton Place Apartments

4236 S 46th Pl

4475 E Pueblo Ave

4619 S 16th St

2340 E Hidalgo Ave

Corona Del Sol

1009 E Chipman Rd
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.

2210 E Huntington Dr

6022 S 3rd St
Phoenix, AZ Local Guide

How much does it cost to rent an apartment in 85040?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 85040 Studio Apartments | $1,102 | $720 | $1,469 |
| 85040 1 Bedroom Apartments | $1,357 | $912 | $3,328 |
| 85040 2 Bedroom Apartments | $1,743 | $937 | $4,853 |
| 85040 3 Bedroom Apartments | $1,856 | $1,215 | $4,647 |
| 85040 4 Bedroom Apartments | $2,211 | $2,160 | $2,250 |
Browse Apartments in the 85040 Zip Code of Phoenix
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Frequently Asked Questions about Cheap the 85040 ZIP Code Apartments
What is the Cheapest Studio apartment in 85040?
Currently the most affordable Cheap Studio Apartment in 85040 is at Golden West listed at $900.
How much is rent for a Cheap One Bedroom 85040 Apartment?
The lowest price for a Cheap One Bedroom 85040 Apartment is $955 at Park Mesa.
What is the lowest price for a Cheap Two Bedroom 85040 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 85040 is starting from $1,412 at The View on 26th.
What is the most affordable 85040 Three Bedroom Apartment?
The best deal on a cheap 85040 Three Bedroom Apartment rental is at Gaslamp and starts from $1,683.
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

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).

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.

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.

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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.

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.