Cheap Apartments for Rent in Paradise Valley, AZ from $600 (177 Rentals)

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Search the lowest-cost Apartments available for rent right now in Paradise Valley.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 3949 E Earll Dr

$825 - $2,575

1 To 3 Bedroom Rentals

Available Now

3949 E Earll Dr

PhoenixAZ85018

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 4301 N 24th St

$1,299 - $2,040

Studio To 2 Bedroom Rentals

Available Now

4301 N 24th St

PhoenixAZ85016
property at 5995 N 78th St

$1,300 - $3,500

1 To 2 Bedroom Rentals

Available Now

5995 N 78th St

ScottsdaleAZ85250

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 4

Paradise Valley, AZ Local Guide

Cheapest Available Paradise Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paradise Valley, AZ is a Studio unit found at The Venue on Camelback Apartments in the Encanto neighborhood priced from $729. Kinley at Biltmore in the Camelback East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Paradise Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Venue on Camelback ApartmentsHoneyStudio,1BA$729
Kinley at BiltmoreS1Studio,1BA$749
The Summit ApartmentsStudioStudio,1BA$750
Desert Sunshine 31BR/1.0BA1BR,1BA$899
Echelon Apartments0Jx1SStudio,1BA$925
ReNew BiltmoreMcArthurStudio,1BA$940
One @ Old TownVisionaryStudio,1BA$950
4127 Arcadia1X1A1BR,1BA$950
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1BA$999

Best Value Apartments for Rent in Paradise Valley, AZ and Nearby

As of January 26, 2026 the best value apartment in the Paradise Valley area is the $1.45 price per square foot 3 Bed/2.5 Bath Model at Citrus on 37th Street in the in the Downtown Phoenix neighborhood starting from $2,399. The second greatest value Paradise Valley apartment is the B1-V1 - Phase I Model at Visconti at Camelback starting at $1,620 with a $1.34 price per square foot in the Phoenix Vip Certificate neighborhood. Here is today’s list of the best values for Paradise Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Citrus on 37th Street3 Bed/2.5 Bath3BR,2.5BA$1.45
Visconti at CamelbackB1-V1 - Phase I2BR,2BA$1.34
La Terraza at the Biltmore2 Bed / 2.5 Bath2BR,2.5BA$1.53
Oasis at Scottsdale2 Bedr / 2 Bath2BR,2BA$1.40
2138 E Turney Ave, Unit D2138 E Turney Ave2BR,1BA$1.33
The EarllTwo Bedroom2BR,2BA$1.46
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1.5BA$1.14
The Glen at Old TownA11BR,1BA$1.48
AvalonOne Bed One Bath1BR,1BA$1.55
Desert Sunshine 31BR/1.0BA1BR,1BA$1.28

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Paradise Valley, AZ Rentals by Map

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Frequently Asked Questions about Cheap Paradise Valley Apartments

What is the Cheapest Studio apartment in Paradise Valley?

Currently the most affordable Cheap Studio Apartment in Paradise Valley is at The Venue on Camelback Apartments listed at $729.

How much is rent for a Cheap One Bedroom Paradise Valley Apartment?

The lowest price for a Cheap One Bedroom Paradise Valley Apartment is $805 at The Venue on Camelback Apartments.

What is the lowest price for a Cheap Two Bedroom Paradise Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Paradise Valley is starting from $937 at The Summit Apartments.

What is the most affordable Paradise Valley Three Bedroom Apartment?

The best deal on a cheap Paradise Valley Three Bedroom Apartment rental is at Mosaic and starts from $1,988.

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.

Helpful Local Expert Guides

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

Written by: Andrew Jollett

I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

Written by: Andrew Jollett

I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Written by: Andrew Jollett

Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.