Cheap Apartments for Rent in Paradise Valley, AZ from $600 (182 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article
property at 4301 N 24th St

4301 N 24th St

PhoenixAZ85016

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.

Read Article

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.

Read Article

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.

Read Article
property at 3314 N 68th St

3314 N 68th St

ScottsdaleAZ85251

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.

Read Article
property at 4950 N Miller Rd

4950 N Miller Rd

ScottsdaleAZ85251
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 Kinley at Biltmore in the Camelback East neighborhood priced from $799. The Summit Apartments in the North Phoenix neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $869. Here is today’s list of the most affordable Paradise Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kinley at BiltmoreS1Studio,1BA$799
The Summit ApartmentsTwo Bedroom2BR,2BA$869
The Venue on Camelback ApartmentsAmber1BR,1BA$872
ReNew BiltmoreWrigleyStudio,1BA$875
Capri on CamelbackArcadia AffordableStudio,1BA$875
Ava North & SouthAva South - S1Studio,1BA$920
The Glen at Old TownStudioStudio,1BA$938
Arcadia Villa ApartmentsStudioStudio,1BA$945

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

As of September 13, 2025 the best value apartment in the Paradise Valley area is the $1.59 price per square foot 12212 N Paradise Village Pkwy W Model at 12212 N Paradise Village Pkwy W, Unit 121C in the in the North Phoenix neighborhood starting from $2,000. The second greatest value Paradise Valley apartment is the 2 Bed / 2.5 Bath Model at RN Properties La Terraza, LLC starting at $1,890 with a $1.61 price per square foot in the Downtown Phoenix 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.
12212 N Paradise Village Pkwy W, Unit 121C12212 N Paradise Village Pkwy W2BR,2BA$1.59
RN Properties La Terraza, LLC2 Bed / 2.5 Bath2BR,2.5BA$1.61
Oasis at Scottsdale2 Bedr / 2 Bath2BR,2BA$1.61
Monaco at McCormick RanchCabernet Renovated2BR,2BA$1.53
AvalonTwo Bed Two Bath2BR,2BA$1.35
Morningside Apartments2 bedroom, 2 bath2BR,2BA$1.48
Scottsdale Place ApartmentsSalerno2BR,2BA$1.58
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1.5BA$1.36
The Summit ApartmentsTwo Bedroom2BR,2BA$1.01
Arcadia 302x1 (825 SqFt).2BR,1BA$1.48

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.

decorative image of people with a giant lease agreement

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

Explore Paradise Valley, AZ Rentals by Map

Decorative image of map

See the most popular apartments and homes in Paradise Valley, AZ

View Map
Paradise Valley, AZ Apartments Map
View Map
Paradise Valley, AZ Rental Homes Map

Getting Around Paradise Valley, AZ

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

7 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Kinley at Biltmore listed at $799.

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

The lowest price for a Cheap One Bedroom Paradise Valley Apartment is $872 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 $869 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 Del Sol and starts from $1,623.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.