Cheap Apartments for Rent in Paradise Valley, AZ from $600 (144 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
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

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
property at 2938 N 61st Pl

2938 N 61st Pl

ScottsdaleAZ85251

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.

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 4630 N 68th St

4630 N 68th St

ScottsdaleAZ85251
property at 13440 N 44th St

13440 N 44th St

PhoenixAZ85032

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
Showing Results 1-50, Page 1 of 3

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 $661. 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$661
Kinley at BiltmoreS1Studio,1BA$749
Capri on CamelbackArcadiaStudio,1BA$890
Desert Sunshine 31BR/1.0BA1BR,1BA$899
ReNew BiltmoreMcArthurStudio,1BA$905
One @ Old TownVisionaryStudio,1BA$950
4127 Arcadia1X1A1BR,1BA$975
Solaris at the BiltmoreStudioStudio,1BA$999
Echelon Apartments0Jx1Studio,1BA$1,095
The Cortesian ApartmentsA21BR,1BA$1,126

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

As of December 15, 2025 the best value apartment in the Paradise Valley area is the $1.58 price per square foot Hermosa Classic Model at Cibola in the in the Resort Corridor neighborhood starting from $2,159. The second greatest value Paradise Valley apartment is the 2138 E Turney Ave Model at 2138 E Turney Ave, Unit D starting at $1,395 with a $1.33 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.
CibolaHermosa Classic3BR,2BA$1.58
2138 E Turney Ave, Unit D2138 E Turney Ave2BR,1BA$1.33
2715 E Glenrosa Ave2715 E Glenrosa Ave3BR,2BA$1.61
AvalonTwo Bed Two Bath2BR,2BA$1.51
Scottsdale Place ApartmentsSalerno2BR,2BA$1.58
The EarllTwo Bedroom2BR,2BA$1.30
Arcadia Villa Apartments1 Bed / 1 Bath A21BR,1BA$1.52
Urban Walk ApartmentsB12BR,2BA$1.56
Desert Sunshine 31BR/1.0BA1BR,1BA$1.28
The Venue on Camelback ApartmentsHoneyStudio ,1BA$1.59

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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
Decorative image

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

Read Article
Decorative image

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 The Venue on Camelback Apartments listed at $661.

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

The lowest price for a Cheap One Bedroom Paradise Valley Apartment is $807 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 $1,135 at The Venue on Camelback 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 $1,776.

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

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

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.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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.