Cheap Apartments for Rent in the Downtown Fountain Hills Neighborhood of Fountain Hills, AZ from $1,300 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Fountain Hills area of Fountain Hills.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Park Place at Fountain Hills
1 to 3 Bedroom Apartments

Park Place at Fountain Hills

16725-16845 E Avenue of the FountainsFountain Hills, AZ 85268
Senior Living

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Downtown Fountain Hills, Fountain Hills, AZ Local Guide

Cheapest Available Downtown Fountain Hills Apartments for Rent

 

The cheapest available apartment rental in the Downtown Fountain Hills area of Fountain Hills, AZ is a 2 Beds unit found at Luna at Fountain Hills priced from $1,599. Park Place at Fountain Hills has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,700. Here are the most affordable Downtown Fountain Hills apartments for rent in Fountain Hills, AZ:

Apartment ListingModel NameBed/BathPriced From
Luna at Fountain HillsMesquite Trinity Reno2BR,2BA$1,599
Park Place at Fountain Hills2 BED/2 BATH2BR,2BA$1,700
Pillar at Fountain HillsA11BR,1BA$1,995
Four PeaksB3RR2BR,2BA$2,122

Best Value Apartments for Rent in Downtown Fountain Hills, AZ

As of May 08, 2026 the best value apartment in the Downtown Fountain Hills area is the $1.85 price per square foot 3 BED/2 BATH Model at Park Place at Fountain Hills in the in the Downtown Fountain Hills neighborhood starting from $2,490. The second greatest value Downtown Fountain Hills apartment is the B3RR Model at Four Peaks starting at $2,122 with a $1.76 price per square foot in the Downtown Fountain Hills neighborhood. Here is today’s list of the best values for Downtown Fountain Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Place at Fountain Hills3 BED/2 BATH3BR,2BA$1.85
Four PeaksB3RR2BR,2BA$1.76
Luna at Fountain HillsMesquite Trinity Reno2BR,2BA$1.57
Pillar at Fountain HillsA11BR,1BA$2.77

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Fountain Hills, Fountain Hills, AZ

Ranked #1

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Fountain Hills Apartments

How much is rent for a Cheap One Bedroom Downtown Fountain Hills Apartment?

The lowest price for a Cheap One Bedroom Downtown Fountain Hills Apartment is $1,995 at Pillar at Fountain Hills.

What is the lowest price for a Cheap Two Bedroom Downtown Fountain Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Fountain Hills is starting from $1,599 at Luna at Fountain Hills.

What is the most affordable Downtown Fountain Hills Three Bedroom Apartment?

The best deal on a cheap Downtown Fountain Hills Three Bedroom Apartment rental is at Park Place at Fountain Hills and starts from $2,490.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.