| Studio | $468+ |
| 1 BED | $497+ |
| 2 BEDS | Ask for Pricing |
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| Studio | Ask for pricing |
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| 2 BEDS | Ask for pricing |
| 1 BED | Ask for pricing |
| 3 BEDS | Ask for pricing |
| 1 BED | Ask for pricing |
| 2 BEDS | Ask for pricing |
| 3 BEDS | Ask for pricing |
| Studio | Ask for pricing |
| 1 BED | Ask for pricing |
| 2 BEDS | Ask for pricing |
| 2 BEDS | Ask for pricing |
| 3 BEDS | Ask for pricing |
| 4 BEDS | Ask for pricing |
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Top Neighborhoods in Phoenix
There’s a reason why “location, location, location” is every realtor’s mantra. And, when considering a move to Phoenix, AZ, it’s important to review and assess the different areas and neighborhoods in order to find the one that fits your exact needs. The good news is that there are a number of top neighborhoods in Phoenix […]
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Best Steakhouses in Phoenix
Sometimes, we stick to our New Year’s resolutions and go for nutritious salads; other times, we carpe diem and let ourselves crave a big, juicy steak. It’s called balance. And, if you’re a Phoenix local or are interested in relocating and are currently looking at apartments in Phoenix, the good news is that this […]
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Best Restaurants in Phoenix
Aside from location, price and quality of living, good food and restaurants are usually a top selling-point for any city. And, while each region brings specific dishes to the table, the South is generally known as the hotspot for good eating and real, hearty food — and Arizona is no exception. If you’re looking at […]
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7 Great Things to Do in Phoenix
Year-round warmth, historical sites, modern architecture, hundreds of entertainment options and emerging business opportunities — what’s not to love in Phoenix? This unique desert metro has rightfully gained its “Valley of the Sun” status and is now one of the fastest-growing cities in the United States. So, if you’re about to relocate and are looking […]
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Prices and availability in Phoenix, AZ were last updated on 2 Oct 2023.
The best apartments in Phoenix, AZ are: Boulders at Lookout Mountain Apartment Homes, Roosevelt Square, Vista Ridge Apartments, Casa Azure 55+ Apartments and Aviara Flats.
In Phoenix 44% of the housing is rented out compared to 56% of homes are owned, according to the most recent Census Bureau estimates. 19% of Phoenix’s apartments are found in large buildings of 50 units or more, 48% are located in smaller apartment complexes with less than 50 units, and 31% are single-family rentals.
Searching for apartments for rent in Phoenix, AZ 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 Phoenix, AZ, where the average rent is $600 per month, there are 58 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.
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 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 $414 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.
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