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Showing all results in Phoenix, AZ.

Show Nearby Apartments

Apartments under $500 for Rent in Phoenix, AZ

23,245 Rentals
.
  1. Building Photo - The Avi
    $928 Off
    Price Drop. $928 Off
    1 BED
    $1,100+
    2 BEDS
    $1,350+
    3 BEDS
    $1,500+

    The Avi

    1235 W Baseline Rd, Tempe, AZ 85283
    (623) 552-6425
  4. Building Photo - Soltra Kierland
    $845 Off
    Price Drop. $845 Off
    |
    1 BED
    $1,990+
    2 BEDS
    $3,095+
    3 BEDS
    $5,395+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,990 - $7,687
    Utilities & EssentialsVaries
    Total Monthly Price$1,990 - $5,850

    Soltra Kierland

    7111 E Tierra Buena Ln, Scottsdale, AZ 85254
    (707) 881-8024
  6. Building Photo - Sentio
    $735 Off
    Price Drop. $735 Off
    |
    1 BED
    $1,243+
    2 BEDS
    $1,775+
    3 BEDS
    $2,161+

    Sentio

    3600 W Happy Valley Rd, Glendale, AZ 85310
    (855) 305-3005
  7. Building Photo - The Ryan
    $651 Off
    Price Drop. $651 Off
    |
    STUDIO
    $1,506+
    1 BED
    $1,806+
    2 BEDS
    $2,622+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,499 - $4,422
    Required Monthly Fees$7 - $12
    Utilities & EssentialsVaries
    Total Monthly Price$1,506 - $4,434

    The Ryan

    188 E Jefferson St, Phoenix, AZ 85004
    (623) 400-2012
  10. Building Photo - San Melia
    $590 Off
    Price Drop. $590 Off
    1 BED
    $1,393+
    2 BEDS
    $1,785+
    3 BEDS
    $2,098+

    San Melia

    14435 S 48th St, Phoenix, AZ 85044
    (623) 887-0655
  11. Building Photo - Ragsdale
    $576 Off
    Price Drop. $576 Off
    STUDIO
    $1,369+
    1 BED
    $1,499+
    2 BEDS
    $1,969+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,369 - $2,399
    Utilities & EssentialsVaries
    Total Monthly Price$1,369 - $2,399

    Ragsdale

    1150 E Washington St, Phoenix, AZ 85034
    (623) 499-9153
  18. Building Photo - Verano Townhomes
    $512 Off
    Price Drop. $512 Off
    2 BEDS
    $1,651+
    3 BEDS
    $1,754+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,607 - $2,020
    Required Monthly Fees$44
    Utilities & EssentialsVaries
    Total Monthly Price$1,651 - $2,064

    Verano Townhomes

    13820 S 44th St, Phoenix, AZ 85044
    (623) 439-8877
  25. Open floorplans - 5 options - Glenridge
    $476 Off
    Price Drop. $476 Off
    STUDIO
    $1,049+
    1 BED
    $1,166+
    2 BEDS
    $1,399+

    Glenridge

    13610 N 51st Ave, Glendale, AZ 85304
    (623) 321-3083
  26. Building Photo - Solara Vista
    $476 Off
    Price Drop. $476 Off
    |
    1 BED
    $1,642+
    2 BEDS
    $1,713+
    3 BEDS
    $2,010+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,532 - $2,241
    Required Monthly Fees$46
    Utilities & EssentialsVaries
    Total Monthly Price$1,642 - $2,287

    Solara Vista

    5885 S 32nd St, Phoenix, AZ 85040
    (623) 299-8169
  27. Building Photo - Collins off Colter*
    $453 Off
    Price Drop. $453 Off
    STUDIO
    $692+
    1 BED
    $890+
    2 BEDS
    $1,157+
    3 BEDS
    $1,986+
    Total Monthly Price Total Monthly Price New
    Base Rent$692 - $4,320
    Required Monthly FeesNone
    Total Monthly Price$692 - $1,998

    Collins off Colter*

    5128 N 15th St, Phoenix, AZ 85014
    (623) 469-6839
  28. Building Photo - X Phoenix
    $453 Off
    Price Drop. $453 Off
    STUDIO
    $899+
    1 BED
    $1,600+
    2 BEDS
    $2,275+

    X Phoenix

    200 W Monroe St, Phoenix, AZ 85003
    (623) 432-5425
  29. Building Photo - The Urban
    $451 Off
    Price Drop. $451 Off
    STUDIO
    $998+
    1 BED
    $917+
    2 BEDS
    $1,202+
    3 BEDS
    $1,381+

    The Urban

    3601 E McDowell Rd, Phoenix, AZ 85008
    (602) 860-6617
  34. Building Photo - Derby
    $438 Off
    Price Drop. $438 Off
    STUDIO
    $1,269+
    1 BED
    $1,889+
    2 BEDS
    $1,594+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,019 - $6,554
    Required Monthly Fees$250
    Utilities & EssentialsVaries
    Total Monthly Price$1,269 - $2,222

    Derby

    800 N 2nd St, Phoenix, AZ 85004
    (602) 833-5182
  35. Building Photo - Sol Modern
    $434 Off
    Price Drop. $434 Off
    |
    STUDIO
    $1,808+
    1 BED
    $1,997+
    2 BEDS
    $2,926+
    3 BEDS
    $3,795+

    Sol Modern

    50 E Fillmore St, Phoenix, AZ 85004
    (602) 833-7352
  36. Building Photo - Red Hawk
    $431 Off
    Price Drop. $431 Off
    |
    1 BED
    $1,300+
    2 BEDS
    $1,300+
    3 BEDS
    $1,675+

    Red Hawk

    9330 W McDowell Rd, Phoenix, AZ 85037
    (623) 321-5665
  42. Building Photo - PALMTower
    $401 Off
    Price Drop. $401 Off
    |
    STUDIO
    $1,485+
    1 BED
    $1,685+
    2 BEDS
    $2,515+
    3 BEDS
    $3,800+

    PALMTower

    440 E Van Buren St, Phoenix, AZ 85004
    (623) 300-1615

Living & Renting in Phoenix

Phoenix at a Glance

Average Rent

$1,301
(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
Phoenix Union Bioscience High School

Public High School

Public
Grades 9-12
390 Students
GreatSchools Rating
Horizon Honors Elementary School

Public Elementary School

Public
Grades K-5
797 Students

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

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