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Apartments under $700 for Rent in Phoenix, AZ

86 Rentals
  1. 2 Months Free
    STUDIO
    $692
    Total Monthly Price Total Monthly Price New
    Base Rent$650 - $850
    Required Monthly Fees$42 - $61
    Utilities & EssentialsVaries
    Total Monthly Price$692 - $911

    Adara

    888 N 4th St, Phoenix, AZ 85004
    (623) 404-8052
  2. Price Drop. $184 Off
    |
    STUDIO
    $732+
    1 BED
    $839+
    Total Monthly Price Total Monthly Price New
    Base Rent$537 - $1,240
    Required Monthly Fees$195 - $213
    Utilities & EssentialsVaries
    Total Monthly Price$732 - $1,073

    Crosstown Phoenix

    1601 W Camelback Rd, Phoenix, AZ 85015
    (623) 263-7750
  3. Price Drop. $367 Off
    STUDIO
    $692
    Total Monthly Price Total Monthly Price New
    Base Rent$692 - $1,506
    Required Monthly FeesNone
    Total Monthly Price$692 - $767

    Collins off Colter*

    5128 N 15th St, Phoenix, AZ 85014
    (623) 469-6839
  4. Building Photo - 3533 W Warren Ln
    4 BEDS, 2.5 BATHS
    $650
    Total Monthly Price Total Monthly Price New
    Base Rent$650
    Required Monthly FeesNone
    Total Monthly Price$650

    3533 W Warren Ln

    3533 W Warren Ln, New River, AZ 85086
  5. Call for Rent

    Marquee

    620 N 2nd Ave, Phoenix, AZ 85003
  6. Rent Special
    STUDIO
    $675

    Rise Parkside

    7102 N 43rd Ave, Glendale, AZ 85301

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Living & Renting in Phoenix

Phoenix at a Glance

Average Rent

$1,304
(All bedrooms and property types)
Learn more about
Average Rent in Phoenix
10

School Rating

out of 10 Rating
Learn more about
Schools in Phoenix

Phoenix, AZ Apartments for Rent

Phoenix is the fifth-most populous city in the United States and Arizona's capital, with over 1.6 million residents enjoying year-round sunshine in the Salt River Valley. If you're searching for apartments for rent in Phoenix, you'll discover affordable options averaging around $1,304 for a one-bedroom, with rent dropping by nearly 4% over the past year—great news for renters watching their budgets.

Renting in Phoenix opens doors to neighborhoods from Downtown's walkable arts district along Roosevelt Row to suburban communities in North Phoenix and Deer Valley. The city makes getting around easy with the Valley Metro Light Rail system connecting major employment centers, while outdoor enthusiasts can quickly escape to South Mountain Park and the Phoenix Mountain Preserve. With major employers like Honeywell and PetSmart headquartered locally, plus proximity to Arizona State University campuses, Phoenix apartment communities serve working professionals and students looking for both city amenities and desert living.

Why Phoenix?

  • Big sky, bright stars and lots of room to stretch
  • Real cowboys, rugged mountains and saguaro cacti
  • South Mountain Park and Preserve, the largest municipal park in the US, with 50 miles of trails
  • Cultural attractions include the Desert Botanical Garden, the Heard Museum and the Phoenix Art Museum
  • Vibrant nightlife, especially Central Phoenix where locals meet up after work
  • The Fiesta Bowl, played here every January

Renting in Phoenix

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Phoenix

(For 1 bedroom apartments)

Education

GreatSchools Rating

Public High School

Public
Grades 9-12
390 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
797 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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