Save This Search

Apartments for Rent in Arizona under $500

19 Rentals Available
Apartments for Rent in Arizona under $500. 19 Rentals Available
  • a living room with a family playing in it
    Today

    110 North Ford Street, Pearce, AZ 85625
    STUDIO $65
  • a swimming pool with chairs and a patio
    Today

    555 E Limberlost Dr, Tucson, AZ 85705
    1 BED Ask for Pricing
  • the front of a gas station with cars parked in front of it
    Today

    915 N 16Th St, Phoenix, AZ 85006
    STUDIO $100
  • a small building with a vinig pharmacy sign on the side of a street
    Today

    613 E Indian School, Phoenix, AZ 85012
    STUDIO $215
  • a large swimming pool in front of a building
    Today

    13613 N. Main Street, El Mirage, AZ 85335
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Renting has its Rewards
    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
    Earn points for:
    Internet and Entertainment
    Utilities
    Insurance
    Learn more
  • an aerial view of a building with a white roof
    Today

    Unit 1, Tucson, AZ 85705
    1 BED $500
  • a living room with leather furniture and a table and chairs
    Today

    800 E Baffert Drive, Nogales, AZ 85621
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a view into the kitchen from the lobby of a building with a black marble counter
    Today

    209 W. Jackson, Phoenix, AZ 85003
    Income Restricted
    STUDIO $458+
  • a kitchen with white appliances and wooden cabinets
    Today

    1110 N. 16Th Street, Phoenix, AZ 85006
    Income Restricted
    STUDIO $468+
    1 BED $497+
  • a kitchen with a counter and a refrigerator
    Today

    5424 E. Calle Cerritos, Guadalupe, AZ 85283
    1 BED Ask for Pricing
  • a living room and dining room with leather furniture
    Today

    910 S Dysart Rd, Avondale, AZ 85323
    1 BED Ask for Pricing
  • Interactive banner bedroom
    How many bedrooms are you
    looking for?
  • an apartment building with a swimming pool and stairs
    Today

    1650 West Sahuaro Drive, Phoenix, AZ 85029
    Income Restricted
    2 BEDS Ask for Pricing
  • a sign for mesa artspace loft on the side of a building
    Today

    155 South Hibbert, Mesa, AZ 85210
    Income Restricted
    1 BED Ask for Pricing
  • a childrens playground with a yellow slide
    Today

    9601 N. 17Th Avenue, Phoenix, AZ 85021
    Income Restricted
    2 BEDS Ask for Pricing
14-0-state
Nice work, you've checked out every rental here! Expand your search to find your happy place.

Save Search

Frequently asked questions

When were prices and availability in Arizona last updated?

Prices and availability in Arizona were last updated on 22 Feb 2026.

What are the best apartments in Arizona?

The best apartments in Arizona are: Morningside, Morningside Apartments, The Core Chandler, Williams Gateway and Be Mesa.

What type of rental buildings are in Arizona?

In Arizona 33% of the housing is rented out compared to 67% of homes are owned, according to the most recent Census Bureau estimates. 18% of Arizona's apartments are found in large buildings of 50 units or more, 44% are located in smaller apartment complexes with less than 50 units, and 32% are single-family rentals.

Renting apartments in Arizona under $500

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. RentCafe offers you 19 apartments for rent in Arizona from 14 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 $500, and make the most out of your budget.

Finding the best rental near you

Arizona is an amazing place to call home, with several rentals under $500 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 $215 in Arizona, 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 RentCafe.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!