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Apartments for Rent in Arizona under $500

Apartments for Rent in Arizona under $500. 42 Rentals Available
42 Rentals Available

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  • Rent specials 5 units available
    Studio $487+
    Total monthly cost
    Verified Listing

    1601 W. Camelback Rd., Phoenix, AZ 85015
    Apply online • Pet friendly
  • Only 1 unit left
    3 bd $240+
    Base rent
    Verified Listing

    5.0 (1)
    800 E Baffert Drive, Nogales, AZ 85621
    Apply online • Pet friendly
  • 19 units available
    Studio $458+
    Base rent Income restricted
    Verified Listing

    4.0 (13)
    209 W. Jackson, Phoenix, AZ 85003
    Apply online • Pet friendly
  • 5 units available
    Studio $487+
    Total monthly cost
    Verified Listing

    3.5 (20)
    1601 W. Camelback Rd., Phoenix, AZ 85015
    Apply online • Pet friendly
  • Ask for pricing
    13613 N. Main Street, El Mirage, AZ 85335
  • 5 units available
    Studio $499+
    Total monthly cost
    Verified Listing

    3.5 (13)
    1545 W. Camelback Rd., Phoenix, AZ 85015
    Apply online • Pet friendly
  • 2 bd $357+
    Base rent
    Verified Listing

    4500 CAMPUS DRIVE, SIERRA VISTA, AZ 85635
    Pet friendly
  • 4 bd $381
    Base rent
    Verified Listing

    5.0 (1)
    350 N. 7TH ST., SIERRA VISTA, AZ 85635
    Pet friendly
  • Ask for pricing
    Income restricted
    Verified Listing

    4.0 (1)
    12830 N Paradise Village Pkwy West, Phoenix, AZ 85032
    Pet friendly
  • 1 bd $500
    Base rent
    Verified Listing

    Unit 1, Tucson, AZ 85705
  • Ask for Pricing
    Income restricted
    Verified Listing

    4.0 (15)
    9601 N. 17Th Avenue, Phoenix, AZ 85021
    Apply online • Pet friendly
  • Studio $400
    Base rent
    1120 North Justice Drive, Oracle, AZ 85623
    Pet friendly
12-0-state

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Frequently asked questions

When were prices and availability in Arizona last updated?

Prices and availability in Arizona were last updated on 14 May 2026.

What are the best apartments in Arizona?
What type of rental buildings are in Arizona?

In Arizona, 33% of the residents are renting compared to 67% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Arizona's rentals, 44% are small-scale complexes with under 50 units, and 32% are single-family rentals.