Apartments for Rent in Arizona under $500
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Rent specials 5 units availableStudio $487+Total monthly cost1601 W. Camelback Rd., Phoenix, AZ 85015Apply online • Pet friendly
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Only 1 unit left3 bd $240+Base rent5.0 (1)800 E Baffert Drive, Nogales, AZ 85621Apply online • Pet friendly
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19 units availableStudio $458+Base rent Income restricted4.0 (13)209 W. Jackson, Phoenix, AZ 85003Apply online • Pet friendly
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5 units availableStudio $487+Total monthly cost3.5 (20)1601 W. Camelback Rd., Phoenix, AZ 85015Apply online • Pet friendly
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5 units availableStudio $499+Total monthly cost3.5 (13)1545 W. Camelback Rd., Phoenix, AZ 85015Apply online • Pet friendly
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2 bd $357+Base rent4500 CAMPUS DRIVE, SIERRA VISTA, AZ 85635Pet friendly
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4 bd $381Base rent5.0 (1)350 N. 7TH ST., SIERRA VISTA, AZ 85635Pet friendly
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Ask for pricingIncome restricted4.0 (1)12830 N Paradise Village Pkwy West, Phoenix, AZ 85032Pet friendly
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Ask for PricingIncome restricted4.0 (15)9601 N. 17Th Avenue, Phoenix, AZ 85021Apply online • Pet friendly
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Studio $400Base rent1120 North Justice Drive, Oracle, AZ 85623Pet friendly
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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?
The best apartments in Arizona are: La Reserve Villas, The Springs Apartments, Boulders at Lookout Mountain Apartment Homes, The Canyons at Linda Vista Trail and Encantada La Estancia.
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.