
Cheap Apartments for Rent in the 85040 ZIP Code of Phoenix, AZ from $300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the 85040 ZIP Code area of Phoenix.


Victory Place I-IV

2444 E Mobile Ln

2444 E Mobile Ln, Unit 2

Mountain Vista

Apex on Central

717 E Roeser Rd

2444 E Mobile Ln, Unit 1

Salt River Flats
From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

4204 S 47th St

Somo Lofts

Total Monthly Price
Esteban Park

Parc South Mountain

Total Monthly Price
Solara Vista

Furnished Studio-Phoenix - Airport

Village on Roeser

5117 S 15th Pl

Roeser Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2510 E Pueblo Ave

Seven Palms Apartments

2931 E Atlanta Ave

Tanner Manor Apartments

Brighton Place Apartments

4619 S 16th St, Unit 8

Topaz Pointe

4524 E Pueblo Ave

4487 E Wood St
Your Essential Local Experts Phoenix Relocation Guide: Housing, Utilities, and Local Tips
Your complete checklist for relocating to the Phoenix metro area. Easily navigate housing, set up electricity and gas with provider links, handle vehicle registration, and learn local regulations.

4425 E Wood St

Dahlia Village

3811 S 9th St

4619 S 16th St, Unit 7

4715 E Jones Ave

2340 E Hidalgo Ave

4712 E Broadway Rd

Corona Del Sol

Village @ Rio Salado / 1634 E Wood 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.
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 | $1,054 | $650 | $1,499 |
| 85040 1 Bedroom Apartments | $1,357 | $799 | $2,750 |
| 85040 2 Bedroom Apartments | $1,544 | $899 | $3,008 |
| 85040 3 Bedroom Apartments | $2,064 | $1,582 | $4,165 |
| 85040 4 Bedroom Apartments | $1,764 | $1,764 | $1,764 |
Browse Apartments in the 85040 Zip Code of Phoenix
Explore Phoenix

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 Park Mesa listed at $905.
How much is rent for a Cheap One Bedroom 85040 Apartment?
The lowest price for a Cheap One Bedroom 85040 Apartment is $1,275 at Buffalo Canyon.
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 $835 at The Lodge Boulder - Historical Access.
What is the most affordable 85040 Three Bedroom Apartment?
The best deal on a cheap 85040 Three Bedroom Apartment rental is at East Village Flats - Historical Access and starts from $835.
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

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Written by: Andrew Jollett
I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips
Written by: Andrew Jollett
Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

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.

A Phoenix Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.