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Apartments for Rent in Phoenix, AZ under $1200

2,360 Rentals Available
  • Today

    17802 N 19Th Avenue, Phoenix, AZ 85023
    Income Restricted
    2 BEDS Ask for Pricing
  • Today

    425 N 36Th St, Phoenix, AZ 85008
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS $861
    3 BEDS Ask for Pricing
  • Today

    2610 West Hazelwood Street, Phoenix, AZ 85017
    Income Restricted
    1 BED Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    225 E Jesse Owens Parkway, Phoenix, AZ 85042
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS $1,171+
  • Today

    6626 Mcdowell Road, Phoenix, AZ 85035
    Income Restricted
    3 BEDS $1,167+
  • Today

    2230 N 24Th St, Phoenix, AZ 85006
    STUDIO $1,000+
  • Today

    2020 W Orangewood Ave, Phoenix, AZ 85021
    STUDIO $745
  • Today

    6542 N 17Th Ave, Phoenix, AZ 85015
    2 BEDS $1,095
  • Today

    1402 East Osborn Road, Phoenix, AZ 85014
    1 BED $900
  • Today

    6542 N 17Th Ave, Phoenix, AZ 85015
    2 BEDS $1,195
  • Today

    4435 N 8Th Ave, Phoenix, AZ 85013
    1 BED $995
  • Today

    2020 W Orangewood Ave, Phoenix, AZ 85021
    STUDIO $895
  • Today

    3031 N 36Th St, Phoenix, AZ 85018
    1 BED $995
  • Today

    4331 N 26Th St, Phoenix, AZ 85016
    1 BED $1,195
  • Today

    2530 N 3Rd St, Phoenix, AZ 85004
    1 BED $1,095
  • Today

    2936 N 34Th Pl, Phoenix, AZ 85018
    STUDIO $795
  • Today

    2936 N 34Th Pl, Phoenix, AZ 85018
    1 BED $895
  • Today

    626 N 5Th Ave, Phoenix, AZ 85003
    STUDIO $1,095
  • Today

    3031 N 36Th St, Phoenix, AZ 85018
    1 BED $995
  • Today

    4219 N 26Th St, Phoenix, AZ 85016
    1 BED $1,195
  • Today

    445 W Osborn Rd, Phoenix, AZ 85013
    1 BED $995
  • Today

    834 N 13Th Ave, Phoenix, AZ 85007
    2 BEDS $1,195
  • Today

    536 E Portland St, Phoenix, AZ 85004
    1 BED $995
  • Today

    5024 E Thomas Rd, Phoenix, AZ 85018
    1 BED $895
  • Today

    4223 N 26Th St, Phoenix, AZ 85016
    1 BED $1,195
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You viewed 526 of 2360 rentals.

Local Guides for Renters

Getting around in Phoenix, AZ

68 /100
Somewhat Walkable
46 /100
Some Transit
73 /100
Very Bikeable
Walk Score®: 68, Transit Score®: 46, Bike Score®: 73

Frequently asked questions

When were prices and availability in Phoenix, AZ last updated?

Prices and availability in Phoenix, AZ were last updated on 21 Nov 2025.

What are the best apartments in Phoenix, AZ?

The best apartments in Phoenix, AZ are: Oakridge Apartments, Element Deer Valley, Vista Ridge Apartments, Boulders at Lookout Mountain Apartment Homes and Aviara Flats.

What type of rental buildings are in Phoenix, AZ?

In Phoenix 43% of the housing is rented out compared to 57% of homes are owned, according to the most recent Census Bureau estimates. 23% of Phoenix’s apartments are found in large buildings of 50 units or more, 46% are located in smaller apartment complexes with less than 50 units, and 28% are single-family rentals.

Renting apartments in Phoenix, AZ under $700

Searching for apartments for rent in Phoenix, AZ under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Phoenix, AZ, where the average rent is $1,160 per month, there are 76 units available for less than $700. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Phoenix, AZ. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Phoenix, AZ going for $458 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!