Cheap Apartments for Rent in Phoenix, AZ

Frequently Asked Questions (FAQs)

• What is a good price for a cheap apartment in Phoenix?

  As of the second half of 2025, average rents in Phoenix are approximately:

  Studio: $1,185 One bedroom: $1,496 Two bedroom: $1,893 Three bedroom: $2,533

  Apartments priced below these averages are typically considered affordable rental options in Phoenix.

• How many cheap apartments are available in Phoenix?

  As of the second half of 2025, Apartment List features around 265 cheap apartments available for rent across Phoenix. These include cheap one-bedroom, cheap two-bedroom, and cheap three-bedroom options in various neighborhoods throughout the city.

• What neighborhoods in Phoenix have a lot of cheap apartments?

  Popular neighborhoods in Phoenix that offer cheap apartments include Alhambra, Camelback East Village, and Garfield. These areas feature a wide mix of rental options that are typically priced below the city average while still offering convenient access to shopping, dining, and public transit.

  To see if a specific property fits your budget, check the “Price Range” section on its Apartment List page.

  For more insight into which Phoenix neighborhood might be the best fit for you, visit our Apartment List Phoenix Neighborhood Guide.

• Are there a lot of cheap apartments in Phoenix?

  With around 265 cheap apartment listings in Phoenix, it’s definitely possible to find an affordable rental that fits your budget without giving up on comfort or convenient amenities.