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18 Apartments under 600 for rent in Phoenix, AZ

Last updated October 18 at 2:58pm UTC
Cielo
8222 N 19th Ave
Phoenix, AZ
Updated October 18 at 11:37am UTC
Studio
$502
1 Bedroom
$787
2 Bedrooms
$907
Casa De Flores
2454 W Campbell Ave
Phoenix, AZ
Updated October 18 at 12:27am UTC
1 Bedroom
$400
2 Bedrooms
$500
Revival Biltmore
2911 East Indian School Road
Phoenix, AZ
Updated October 18 at 12:27am UTC
Studio
$599
1 Bedroom
$739
2 Bedrooms
$899
2149 E MCKINLEY Street
Phoenix
Phoenix, AZ
Updated October 13 at 1:46pm UTC
1 Bedroom
$565
2827 N. 51st Ave
Phoenix
Phoenix, AZ
Updated October 18 at 2:58pm UTC
Studio
Ask
1 Bedroom
$500
2 Bedrooms
Ask
2826 E Monte Cristo Avenue
Phoenix
Phoenix, AZ
Updated October 9 at 3:24am UTC
1 Bedroom
$595
2633 W BELMONT Avenue
Vista Income Estates
Phoenix, AZ
Updated October 4 at 11:01am UTC
2 Bedrooms
$595
1002 N 25TH Place
Phoenix
Phoenix, AZ
Updated September 29 at 10:13am UTC
1 Bedroom
$595
3131 W Cochise Dr
Phoenix
Phoenix, AZ
Updated September 29 at 1:31am UTC
1 Bedroom
$599
9223 N 8th Street
Phoenix
Phoenix, AZ
Updated September 22 at 8:43am UTC
1 Bedroom
$595
2535 W Highland Ave
Phoenix
Phoenix, AZ
Updated September 18 at 6:51pm UTC
1 Bedroom
$595
35814 N Central Avenue
Desert Hills
Desert Hills, AZ
Updated October 17 at 7:30am UTC
4 Bedrooms
$399
Results within 1 miles of Phoenix, AZ
7160 N 53RD Avenue
Downtown Glendale
Glendale, AZ
Updated September 15 at 4:24am UTC
2 Bedrooms
$520
Results within 5 miles of Phoenix, AZ
East Wier Avenue
Phoenix
Phoenix, AZ
Updated October 5 at 7:21am UTC
2 Bedrooms
$595

October 2018 Phoenix Rent Report

Welcome to the October 2018 Phoenix Rent Report. Phoenix rents increased over the past month. In this report, we'll evaluate trends in the Phoenix rental market, including comparisons to cities throughout the metro, state, and nation.

View full Phoenix Rent Report
Rent Report
Phoenix

October 2018 Phoenix Rent Report

Welcome to the October 2018 Phoenix Rent Report. Phoenix rents increased over the past month. In this report, we'll evaluate trends in the Phoenix rental market, including comparisons to cities throughout the metro, state, and nation.

Phoenix rents increased slightly over the past month

Phoenix rents have increased 0.2% over the past month, and have increased moderately by 2.6% in comparison to the same time last year. Currently, median rents in Phoenix stand at $840 for a one-bedroom apartment and $1,050 for a two-bedroom. This is the tenth straight month that the city has seen rent increases after a decline in November of last year. Phoenix's year-over-year rent growth leads the state average of 2.2%, as well as the national average of 0.9%.

Rents rising across the Phoenix Metro

Throughout the past year, rent increases have been occurring not just in the city of Phoenix, but across the entire metro. Of the largest 10 cities that we have data for in the Phoenix metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Peoria has seen the fastest rent growth in the metro, with a year-over-year increase of 4.2%. The median two-bedroom there costs $1,400, while one-bedrooms go for $1,130.
  • Phoenix proper has the least expensive rents in the Phoenix metro, with a two-bedroom median of $1,050; rents grew 0.2% over the past month and 2.6% over the past year.

Phoenix rents more affordable than many other large cities nationwide

As rents have increased moderately in Phoenix, a few comparable cities nationwide have seen rents grow more modestly, or in some cases, even decline. Phoenix is still more affordable than most similar cities across the country.

  • Rents increased slightly in other cities across the state, with Arizona as a whole logging rent growth of 2.2% over the past year. For example, rents have grown by 1.1% in Tucson.
  • Phoenix's median two-bedroom rent of $1,050 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 2.6% increase in Phoenix.
  • While Phoenix's rents rose moderately over the past year, the city of Seattle saw a decrease of 1.6%.
  • Renters will find more reasonable prices in Phoenix than most other large cities. For example, San Francisco has a median 2BR rent of $3,110, which is nearly three times the price in Phoenix.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Phoenix $840 $1,050 0.2% 2.6%
Mesa $860 $1,080 0.1% 2.7%
Chandler $1,090 $1,360 0.1% 3.9%
Glendale $910 $1,130 0.4% 3.0%
Scottsdale $1,040 $1,300 0.3% 2.6%
Gilbert $1,140 $1,420 -0.7% 3.5%
Tempe $930 $1,160 0.2% 3.5%
Peoria $1,130 $1,400 0.2% 4.2%
Surprise $1,090 $1,360 0.4% 1.0%
Avondale $980 $1,220 -0.3% 1.4%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.