Cheap Homes for Rent in Paradise Valley, AZ from $800 (71 Rentals)

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Search the lowest-cost Homes 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 13440 N 44th St

$1,314

1 Bedroom, 1 Bath Condo for Rent

Available Now

13440 N 44th St

PhoenixAZ85032
property at 4301 N 24th St

$1,415

Studio, 1 Bath Condo for Rent

Available Now

4301 N 24th St

PhoenixAZ85016
property at 6505 E Osborn Rd

$1,449

1 Bedroom, 1 Bath Condo for Rent

Available Now

6505 E Osborn Rd

ScottsdaleAZ85251

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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property at 4354 N 82nd St

$1,450 - $2,200

2 Bedroom Rentals

Available Now

4354 N 82nd St

ScottsdaleAZ85251
property at 6505 E Osborn Rd

$1,499

2 Bedroom, 1 Bath Condo for Rent

Available Now

6505 E Osborn Rd

ScottsdaleAZ85251
property at 8021 E Osborn Rd

$1,519

2 Bedroom, 1 Bath Condo for Rent

Available Now

8021 E Osborn Rd

ScottsdaleAZ85251
property at 8021 E Osborn Rd

$1,520

1 Bedroom, 1 Bath Condo for Rent

Available Now

8021 E Osborn Rd

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.

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property at 7494 E Earll Dr

$1,550

2 Bedroom, 2 Bath Condo for Rent

Available Now

7494 E Earll Dr

ScottsdaleAZ85251
property at 8021 E Osborn Rd

$1,570

2 Bedroom, 2 Bath Condo for Rent

Available Now

8021 E Osborn Rd

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.

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property at 6505 E Osborn Rd

$1,650

2 Bedroom, 2 Bath Condo for Rent

Available Now

6505 E Osborn Rd

ScottsdaleAZ85251
property at 4303 E Cactus Rd

$1,699

1 Bedroom, 1 Bath Condo for Rent

Available Now

4303 E Cactus Rd

PhoenixAZ85032

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 2

Paradise Valley, AZ Local Guide

Cheapest Available Paradise Valley Apartments for Rent

 

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 $662. 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$662
Kinley at BiltmoreS1Studio,1BA$749
ReNew BiltmoreWrigleyStudio,1BA$855
Desert Sunshine 31BR/1.0BA1BR,1BA$899
Capri on CamelbackArcadiaStudio,1BA$900
The Summit ApartmentsTwo Bedroom2BR,2BA$937
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1BA$950
One @ Old TownVisionaryStudio,1BA$950
4127 Arcadia1X1A1BR,1BA$975
Echelon Apartments0Lx1Studio,1BA$975

Best Value Apartments for Rent in Paradise Valley, AZ

As of December 25, 2025 the best value apartment in the Paradise Valley area is the $1.55 price per square foot The Beadle Model at Novella at Biltmore in the in the Central Phoenix neighborhood starting from $3,369. The second greatest value Paradise Valley apartment is the 2 Bed / 2.5 Bath Model at La Terraza at the Biltmore starting at $1,800 with a $1.53 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.
Novella at BiltmoreThe Beadle3BR,2.5BA$1.55
La Terraza at the Biltmore2 Bed / 2.5 Bath2BR,2.5BA$1.53
2138 E Turney Ave, Unit D2138 E Turney Ave2BR,1BA$1.33
Oasis at Scottsdale2 Bedr / 2 Bath2BR,2BA$1.38
The EarllTwo Bedroom2BR,2BA$1.30
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1.5BA$1.08
Arcadia Villa Apartments1 Bed / 1 Bath A21BR,1BA$1.52
Urban Walk ApartmentsB12BR,2BA$1.56
The Summit ApartmentsTwo Bedroom2BR,1BA$1.41
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

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

Explore Paradise Valley, AZ Rentals by Map

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

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Paradise Valley, AZ Rental Homes Map

Frequently Asked Questions about Paradise Valley

What type of rentals are currently available in Paradise Valley?

There are currently 710 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $662 to $29,995. There are also 497 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $849 to $60,000.

What is the current price range for Rental Homes in Paradise Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Paradise Valley ranges from $849 to $60,000 with an average monthly rent of $11,116.

How much are larger Three and Four Bedroom Rentals in Paradise Valley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Paradise Valley range from $1,650 to $19,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,675 to $49,995. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $5,250.

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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!