Cheap Apartments for Rent in the 85040 ZIP Code of Phoenix, AZ from $300 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 85040 ZIP Code area of Phoenix.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Esteban Park
Rent Specials
$1,370 - $2,091
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,091
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Esteban Park

5611 S 32nd StPhoenix, AZ 85040
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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2510 E Pueblo Ave
Studio to 2 Bedroom Apartments

2510 E Pueblo Ave

2510 E Pueblo AvePhoenix, AZ 85040
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Tanner Manor Apartments
1 to 2 Bedroom Apartments

Tanner Manor Apartments

2150 E Broadway RdPhoenix, AZ 85040
Senior Living
  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 4619 S 16th St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175
Total Monthly Price
$1,175

1 Bedroom, 1 Bath Condo for Rent

Available Now

4619 S 16th St, Unit 8

4619 S 16th St
PhoenixAZ85040
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Dahlia Village
1 to 4 Bedroom Apartments

Dahlia Village

3620 S 12th StPhoenix, AZ 85040
property at 4619 S 16th St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Condo for Rent

Available Now

4619 S 16th St, Unit 7

4619 S 16th St
PhoenixAZ85040
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2340 E Hidalgo Ave
1 to 3 Bedroom Apartments

2340 E Hidalgo Ave

2340 E Hidalgo AvePhoenix, AZ 85040
  • Utilities Included
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Corona Del Sol
2 Bedroom Apartments

Corona Del Sol

27 E Corona AvePhoenix, AZ 85040
  • 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.

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Showing Results 1-36, Page 1 of 1

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 Annex Flats listed at $787.

How much is rent for a Cheap One Bedroom 85040 Apartment?

The lowest price for a Cheap One Bedroom 85040 Apartment is $843 at Annex Flats.

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 $1,305 at Mountainaire.

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 and starts from $1,365.

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

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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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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.

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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

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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.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

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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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.