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Cheapest Neighborhoods In Phoenix, AZ For Renters

If you’re searching for a new place to live in Phoenix, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Phoenix neighborhoods have continued to increase over the years. Luckily, even in 2024, there are some Phoenix neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Phoenix for renters is sorted by lowest median rental rates compared to the Phoenix average.

Population 5,653
-31%
Median Rent $758 / month
31% less expensive than Phoenix
Population 134,116
-27%
Median Rent $798 / month
27% less expensive than Phoenix
Population 60,045
-17%
Median Rent $915 / month
17% less expensive than Phoenix
Population 57,606
-5%
Median Rent $1,042 / month
5% less expensive than Phoenix
Population 131,125
3%
Median Rent $1,134 / month
3% more expensive than Phoenix
Population 247,287
3%
Median Rent $1,135 / month
3% more expensive than Phoenix
Population 178,370
4%
Median Rent $1,140 / month
4% more expensive than Phoenix
Population 149,454
6%
Median Rent $1,162 / month
6% more expensive than Phoenix
Population 90,378
13%
Median Rent $1,248 / month
13% more expensive than Phoenix
Population 183,274
26%
Median Rent $1,386 / month
26% more expensive than Phoenix
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