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Palm Crest at Station 40
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Montana on Butler
(928) 496-6593
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Motif
(480) 564-4521
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The Wexler
(623) 253-8822
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The Edge on Seventeen
(602) 536-4059
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Tides on 51st Ave
(480) 725-5834
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Seventh Apartments
(833) 848-4096
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Echelon Apartments
(520) 412-7628
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Tides on Dunlap
(602) 973-0672
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Tides at Papago
(602) 286-6060
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Copper Stone on 32nd
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Villas De Azul Apartments
(623) 745-9815
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Tides on West Indian School
(623) 849-5499
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Tides on 44th
(602) 396-2000
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Tides on East Cactus
(602) 482-5200
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Tides on Cave Creek
(602) 971-2020
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Hacienda Del Rio (62+ Years Or Older; Income Limit Restrictions)
(602) 272-7348
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2025 West Apartment Homes
(602) 833-2641
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Tides on McDowell
(602) 233-1861
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The Palmer
(602) 833-4252
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Camelback Village Apartments
(623) 253-7170
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Tides at East Glendale
(623) 931-6335
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Equinox On Indian School
(602) 314-6565
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Presidio North Apartments
(623) 244-5160
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The Mod Apartments
(602) 962-7373
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The Urban
(602) 283-5435
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Modena
(602) 275-4466
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2928 E Monroe St Unit 2-b
(602) 644-1826
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The Halifax Apartments
(623) 526-2550
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Everything You Need All Right Here! Studios And One Bedrooms You Will Fall In Love With. Lease Today!
(480) 266-7609
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Apartments Under $1,200 in Phoenix, AZ

1 of 221 Results
13
$1,128 - 1,464
Palm Crest at Station 40
Deal
3816 N 83Rd Ave Phoenix, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Dishwasher
16
$985 - 1,199
Montana on Butler
Deal
2122 West Butler Drive Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony, Deck, Patio
Storage
24
$1,145 - 1,445
Motif
Deal
3.4
2529 West Cactus Rd. Phoenix, AZ
1 BR | Apr. 20, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
40
$1,150
The Wexler
3030 N 7Th St Phoenix, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Surface Parking
Fitness Center
35
$1,000
The Edge on Seventeen
Deal
2501 West Ocotillo Road Phoenix, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
49
$900 - 1,199
Tides on 51st Ave
2.2
2634 N 51St Ave Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
17
$1,095 - 1,107
Seventh Apartments
Deal
5145 N 7Th St Phoenix, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
29
$1,025 - 1,095
Echelon Apartments
3.8
4301 N 24Th St Phoenix, AZ
Studio | Available Now
Contact
Heat Included
Air Conditioning
Balcony, Deck, Patio
Dishwasher
56
$1,075
Tides on Dunlap
3333 W Dunlap Ave Phoenix, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
55
$1,100
Tides at Papago
4.2
1010 N 48Th St Phoenix, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
7
$711 - 1,044
Copper Stone on 32nd
3255 E Roosevelt St Phoenix, AZ
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
31
$1,160 - 1,635
Villas De Azul Apartments
Deal
4.0
2627 N 45Th Ave Phoenix, AZ
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
48
$1,199
Tides on West Indian School
5.0
8130 W Indian School Rd Phoenix, AZ
1 BR | Apr. 14, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
27
$949 - 1,150
Tides on 44th
4030 N 44Th Ave Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
22
$1,045 - 1,145
Tides on East Cactus
Deal
2.6
2645 E Cactus Rd Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
24
$1,099 - 1,150
Tides on Cave Creek
2.0
12810 N Cave Creek Rd Phoenix, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
14
$1,053
Hacienda Del Rio (62+ Years Or Older; Income Limit Restrictions)
4.2
4121 W. Mcdowell Road Phoenix, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
27
$965 - 1,730
2025 West Apartment Homes
Deal
4.0
2025 W Indian School RD Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
21
$1,025 - 1,175
Tides on McDowell
3.4
4620 W Mcdowell Rd Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
33
$1,050 - 1,150
The Palmer
Deal
2.6
815 E Bethany Home RD Phoenix, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
28
$1,060
Camelback Village Apartments
2936 N 30Th St Phoenix, AZ
Studio | May. 4, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
38
$870 - 1,172
Tides at East Glendale
2.4
4141 W Glendale Ave Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
28
$1,099 - 1,107
Equinox On Indian School
2225 W Indian School RD Phoenix, AZ
1 BR | Available Now
Contact
Pool
25
$1,010 - 1,715
Presidio North Apartments
3.6
17031 N 11Th Ave Phoenix, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
36
$1,185 - 1,510
The Mod Apartments
Deal
4.4
2222 W Beardsley RD Phoenix, AZ
Studio | May. 27, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
10
3D Tour
$1,025 - 1,183
The Urban
Deal
2.1
3601 E. Mcdowell Rd Phoenix Phoenix, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
9
3D Tour
$1,005 - 1,175
Modena
Deal
2.2
815 N 52nd St. Phoenix, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Air Conditioning
8
$1,030
2928 E Monroe St Unit 2-b
Phoenix, AZ
1 BR | Apr. 1, 2023
Contact
Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Storage
26
$1,070 - 1,735
The Halifax Apartments
Deal
1350 E Northern Ave Phoenix, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
23
$1,000 - 1,200
Everything You Need All Right Here! Studios And One Bedrooms You Will Fall In Love With. Lease Today!
3710 E Mcdowell Rd Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony, Deck, Patio
Storage
1 - 30 of 221 Results
  1. Home
  2. Phoenix
  3. Apartments Under $1,200

How much does it cost to rent an apartment in Phoenix?

Phoenix Apartments
Bed Type Average Rent Range
Studio $1,130 $870 - $1,720
1BR $1,280 $930 - $1,870
2BR $1,540 $1,100 - $2,270
3BR $2,050 $1,210 - $3,060
4+BR $2,490 $1,100 - $9,940
Frequently Asked Questions

How many apartments are available in Phoenix, AZ on Rentable.co?

Rentable.co has over 73,593 apartments available in Phoenix.

What is the average rent for a studio apartment in Phoenix, AZ?

The average rent for a studio apartment in Phoenix is around $1,130 per month.

What is the average rent for a one-bedroom apartment in Phoenix, AZ?

The average rent for a one-bedroom apartment in Phoenix is around $1,280 per month.

What is the average rent for a two-bedroom apartment in Phoenix, AZ?

The average rent for a two-bedroom apartment in Phoenix is around $1,540 per month.

How expensive is living in Phoenix, AZ?

Based on average rent prices in Phoenix, to afford a studio apartment you would need an annual salary of $45,000 to live comfortably.

How many apartments under $1,200 are available in Phoenix, AZ on Rentable.co?

Rentable.co has 221 apartments under $1,200 available for rent in Phoenix.

Which neighborhoods have the most apartments under $1,200 for rent in Phoenix, AZ?

  1. Independence Heights
  2. Cooper Square
  3. Downtown Phoenix
  4. Metrocenter
  5. Ocotillo Rose

Asset 2
Apartments by Bedrooms
1 Bedroom Apartments
2 Bedroom Apartments
3 Bedroom Apartments
4 Bedroom Apartments
Studio Apartments
Apartments by Affordability
Cheap Apartments
Apartments Under $500
Apartments Under $600
Apartments Under $700
Apartments Under $800
Apartments Under $900
Apartments Under $1,000
Apartments Under $1,200
Apartments with Amenities
Apartments With Utilities Included
Furnished Apartments
Pet Friendly Apartments
Virtual Tour Apartments
Apartments with Move In Specials
Apartments by Type
Student Apartments
Houses For Rent
Senior Apartments and Housing
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Townhomes For Rent
Condos For Rent

Phoenix:
March Rent Report

Welcome to the March 2023 Phoenix Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Phoenix rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Phoenix and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Phoenix average rent prices in the chart below.

Monthly Rent Report

Phoenix Rent Prices Decrease From February to March

Phoenix rent prices decreased over the last month. From February to March, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Phoenix one-bedroom apartments currently stands at $1,290.0.

When we take a look at the two-bedroom comparison from February to March, Phoenix experienced a -0.5% decrease for the price of a two-bedroom apartment. The rent price for a Phoenix two-bedroom apartments currently stands at $1,580.0.

March Prices: Phoenix vs. Surrounding Areas

Rent Prices in Phoenix and Surrounding Areas

Rent prices have decreased in Phoenix over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Phoenix suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Scottsdale, AZ, Guadalupe, AZ .

  • Rent decreased in Mesa, AZ, Tempe, AZ, Glendale, AZ, Chandler, AZ, Gilbert, AZ.

  • 6 suburbs are currently priced higher than the city of Phoenix.

  • 1 suburb is currently priced lower than the city of Phoenix.

March 2023 Pricing Trends: Phoenix vs. National Comparisons

Phoenix Rent Prices More Affordable Than Major Cities

Rent growth in Phoenix over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Phoenix average rent prices appear to be relatively affordable for local residents.

The price for a Phoenix one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Phoenix and surrounding area rent prices, take a look at the complete data set below.

Data set for Phoenix and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Phoenix, AZ $1,290.0 -0.69% $1,588.0 -0.94%
Mesa, AZ $1,495.0 -1.39% $1,715.0 -2.22%
Tempe, AZ $1,459.0 -0.55% $1,829.0 -1.51%
Scottsdale, AZ $1,861.0 0.70% $2,195.0 0.69%
Glendale, AZ $1,377.0 -1.01% $1,751.0 -1.13%
Chandler, AZ $1,593.0 -1.67% $1,873.0 -0.90%
Gilbert, AZ $1,667.0 -0.89% $1,859.0 -0.64%
Guadalupe, AZ $1,255.0 1.05% $1,818.0 -3.50%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.