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5145 N 7Th St, Phoenix, AZ 85014$675 - $825
- Studio-1 Bed
- 1 Bath
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4337 N. 53Rd Lane, Phoenix, AZ 85031See current rent specials$695 - $1,240
- 1-2 Beds
- 1-2 Baths
Available Today! -
5601 West Mcdowell Road, Phoenix, AZ 85035$665 - $1,020
- 1-2 Beds
- 1-2 Baths
Available Today! -
8603 North 22Nd Avenue, Phoenix, AZ 85021$690 - $960
- Studio-2 Beds
- 1-2 Baths
Available Today! -
1645 E. Thomas Rd., Phoenix, AZ 85016$686 - $1,550
- Studio-2 Beds
- 1-2 Baths
Available Today! -
10001 N. 7Th St, Phoenix, AZ 85020$658 - $870
- Studio-2 Beds
- 1-2 Baths
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2634 North 51St Ave, Phoenix, AZ 85035$675 - $695
- Studio-1 Bed
- 1 Bath
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4001 W Camelback Rd, Phoenix, AZ 85019$609 - $1,034
- Studio-2 Beds
- 1-2 Baths
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Apartment15202 North 40Th Street, Phoenix, AZ 85032$560 - $660
- 1 Bed
- 1 Bath
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Apartment1930 E Camelback Road, Phoenix, AZ 85016
- Studio-2 Beds
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Phoenix, AZ Demographics
- Total Population1,574,421
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Female 784,828Male 789,593
- Median Age33.3
Average Rent in Phoenix, AZ
- Phoenix, AZ Average Rental Price, May 2019$1,014/mo
Phoenix, AZ Apartment Rent Ranges
- $501-$70011%
- $701-$1,00045%
- $1,001-$1,50038%
- $1,501-$2,0005%
- > $2,0001%
Phoenix, AZ Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | May / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Phoenix, AZ | $851 | $882 | $894 | $906 | $932 | $935 | $955 | $956 | $1,014 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
Average rent is projected to grow by 5% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 850038500485006850078500885009850128501385014850158501685017850188501985020850218502285023850248502785028850298503185032850338503485035850378504085041850428504385044850458504885050850518505385054850838508585086
Check out the average rent prices in Phoenix by neighborhood.
Phoenix, AZ Households
- Total Number of Households544,022
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Family 345,463Non-family 198,559
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Children 195,746No Children 348,276
- Average People Per Household2.86
- Median Household Income$52,080
- Median Housing Costs Per Month$1,023
Phoenix, AZ Education Statistics
- No High School8%
- Some High School35%
- Some College25%
- Associate Degree7%
- Bachelor Degree16%
- Graduate Degree9%
Renting apartments in Phoenix, AZ under $700
Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RENTCafé offers you 68 apartments for rent in Phoenix, AZ from 32 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $700, and make the most out of your budget.
Finding the best rental near you
Phoenix, AZ is an amazing place to call home, with several rentals under $700 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $502 in Phoenix, AZ, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RENTCafé.