Cheap Apartments for Rent in Phoenix, AZ
4,789 rentals
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Studio-2 Beds
1 BathLas Casitas Villas | 1930 W Van Buren St #10,
Phoenix, AZ 85009
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SPECIAL OFFERPET FRIENDLY$655 - $1,539/moStudio-2 Beds1-2 Baths2025 West Apartment Homes | 2025 W Indian School Rd #624,
Phoenix, AZ 85015
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PET FRIENDLY$695 - $795/mo1-2 Beds1 Bath1703 W Mountain View Rd | 1703 W Mountain View Rd #15,
Phoenix, AZ 85021
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SPECIAL OFFERPET FRIENDLY$699 - $999/moStudio-2 Beds1 BathThe Retro on 32nd St | 3025 N 32nd St #703b70ba5,
Phoenix, AZ 85018
PET FRIENDLY$699 - $799/moStudio-1 Bed1 BathThe Residences At Camelback West | 4001 W Camelback Rd #d263a55cf,
Phoenix, AZ 85019
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SPECIAL OFFERPET FRIENDLY$699 - $999/moStudio-2 Beds1-2 BathsGolden Key Apartments | 3675 W Osborn Rd #201,
Phoenix, AZ 85019
SPECIAL OFFERPET FRIENDLYTotal price$699 - $839/moStudio-1 Bed1 BathCourtyard at Encanto Apartments | 2322 W Thomas Rd #272,
Phoenix, AZ 85015
SPECIAL OFFERPET FRIENDLY$699 - $1,050/moStudio-1 Bed1 BathBethany at Midtown | 525 E Bethany Home Rd #102,
Phoenix, AZ 85012
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$699 - $1,099/moStudio-2 Beds1 BathElevate at South Mountain | 8818 S Central Ave #341,
Phoenix, AZ 85042
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$700 - $1,100/moStudio-2 Beds1 BathEarll Drive Apartments | 3413 E Earll Dr #e30c0092b,
Phoenix, AZ 85018
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Average Rent Trends in Phoenix, AZ
Rent in Phoenix, AZ varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,950 |
| Jul 2025 | $1,979 |
| Aug 2025 | $1,920 |
| Sep 2025 | $1,900 |
| Oct 2025 | $1,895 |
| Nov 2025 | $1,868 |
| Dec 2025 | $1,850 |
| Jan 2026 | $1,843 |
| Feb 2026 | $1,844 |
| Mar 2026 | $1,850 |
| Apr 2026 | $1,850 |
| May 2026 | $1,845 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,240 | $1,549 | $2,202 | $2,660 | $1,866 |
| Townhomes | $1,472 | $1,795 | $2,300 | $2,400 | $1,900 |
| Apartments and Condos | $1,250 | $1,499 | $2,000 | $1,450 | $1,400 |
| Houses | $1,408 | $2,000 | $2,280 | $2,750 | $2,400 |
Frequently Asked Questions about Rentals in Phoenix, AZ
- What is the average rent of an apartment in Phoenix, AZ?The average rent of an apartment in Phoenix, AZ is $1,352 per month. This is about 30% lower than the national average.
- What is the average rent of a house in Phoenix, AZ?The average rent of a house in Phoenix, AZ is $2,400 per month. This is about 24% higher than the national average.
- What is the average rent of a townhome in Phoenix, AZ?The average rent of a townhome in Phoenix, AZ is $1,900 per month. This is about 2% lower than the national average.
- When is the average rent cheapest in Phoenix, AZ?In the last year, the average rent in Phoenix, AZ was lowest in Dec 2025 when it was $1,850 per month.
- When is the average rent most expensive in Phoenix, AZ?In the last year, the average rent in Phoenix, AZ was highest in May 2025 when it was $1,995 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Phoenix, AZ?The average rent of a 1 bedroom apartment in Phoenix, AZ is $1,240 per month. That is about $245 more than the cost of a studio apartment.
- How many available rental listings are in Phoenix, AZ?There are 5,048 available rental listings in Phoenix, AZ.
- What are some neighborhoods in Phoenix, AZ?Some neighborhoods in Phoenix, AZ include: Maryvale, Deer Valley, Paradise Valley, North Mountain, Camelback East.
- What are some zip codes in Phoenix, AZ?
- What are some cities near Phoenix, AZ?Some nearby cities include: Paradise Valley, Glendale, Youngtown, Sun City, El Mirage. These cities may have more rental options to explore.