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Apartments for Rent in Arizona under $500
122 Rentals Available

  • Today

    555 E Limberlost Dr, Tucson, AZ 85705
    1 BED Ask for Pricing
  • Today

    1734 West Vogel Avenue, Phoenix, AZ 85021
    Studio Ask for Pricing
    1 BED $1,300
  • Today

    2602 W. Lone Cactus Drive, Phoenix, AZ 85069
    Studio $1,632
  • Today

    21242 N. Black Canyon Highway, Phoenix, AZ 85027
    Studio $4,560
  • Today

    5000 N La Cholla Blvd, Tucson, AZ 85705
    Studio $495
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  • Today

    10245 N. 87Th Ave., Phoenix, AZ 85345
    Studio $420
  • Today

    209 W. Jackson, Phoenix, AZ 85003
    Income Restricted
    Studio $458+
  • Today

    1110 N. 16Th Street, Phoenix, AZ 85006
    Income Restricted
    Studio $468+
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    910 S Dysart Rd, Avondale, AZ 85323
    1 BED Ask for Pricing
  • Today

    800 E Baffert Drive, Nogales, AZ 85621
    1 BED Ask for Pricing
    2 BEDS $324+
    3+ BEDS $235+
  • Today

    5424 E. Calle Cerritos, Guadalupe, AZ 85283
    1 BED Ask for Pricing
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  • Today

    3900 W 22Nd Lane, Yuma, AZ 85364
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    5646 South 8Th Street, Phoenix, AZ 85040
    1 BED Ask for Pricing
    3 BEDS Ask for Pricing
  • 17 days ago

    14435 South 48Th Street, Phoenix, AZ 85044
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    16802 N. 31St Street, Phoenix, AZ 85032
    2 BEDS Ask for Pricing
  • Today

    10 Pinon Drive, Sedona, AZ 86336
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • 535 days ago

    700 N Mcqueen Rd, Chandler, AZ 85225
    3 BEDS Ask for Pricing
  • 52 days ago

    6750 W Olive Ave, Peoria, AZ 85345
    Studio Ask for Pricing
  • Today

    601 West Southgate Avenue, Phoenix, AZ 85041
    2 BEDS Ask for Pricing
  • Today

    4607 S. 16Th Street, Phoenix, AZ 85040
    Studio Ask for Pricing
  • Today

    1017 North 28Th Street, Phoenix, AZ 85008
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    7400 N Oracle Road, Suite 202, Tucson, AZ 85704
    Studio Ask for Pricing
  • Today

    6645 West Myrtle Avenue, Glendale, AZ 85301
    2 BEDS Ask for Pricing
  • Today

    16450 N 151St Avenue, Surprise, AZ 85374
    5 BEDS Ask for Pricing
  • 29 days ago

    4221 E Ray Road, Phoenix, AZ 85044
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
79-0-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 16 Apr 2024.

What are the best apartments in Arizona?

The best apartments in Arizona are: San Xavier Casitas, The Paseo by Picerne, Mark at 87 Apartments, Boulders at Lookout Mountain Apartment Homes and The Livano Deer Valley.

What type of rental buildings are in Arizona?

In Arizona 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 15% of Arizona’s apartments are found in large buildings of 50 units or more, 45% are located in smaller apartment complexes with less than 50 units, and 34% are single-family rentals.

Renting apartments in Arizona under $500

Searching for apartments for rent in Arizona under $500 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 Arizona, where the average rent is $532 per month, there are 122 units available for less than $500. 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 $500” 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 Arizona. 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 Arizona going for $235 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!