
Cheap Homes for Rent in Paradise Valley, AZ from $800 (51 Rentals)
Search the lowest-cost Homes available for rent right now in Paradise Valley.


2936 E Indian School Rd

12222 N Paradise Vlg Pkwy S

2936 E Indian School Rd

3002 N 70th St

3033 E Devonshire Ave

6801 E Avalon Dr

4554 E Paradise Village Pkwy N

3629 E Turney Ave

4301 N 24th St
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.

3314 N 68th St

12616 N 39th St

4850 E Desert Cove Ave

7494 E Earll Dr

7575 E Indian Bend Rd

4354 N 82nd St

4120 N 78th St

3600 Hayden Rd

8500 E Indian School Rd

12616 N 39th St
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.

6505 E Osborn Rd

7631 E Chaparral Rd

13440 N 44th St

4201 E Camelback Rd

3002 N 70th St, Unit 240

4465 E Paradise Vlg Pkwy S

6125 E Indian School Rd, Unit 198

3031 N Civic Center Plaza

6505 E Osborn Rd

8021 E Osborn Rd
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.

7960 E Camelback Rd

6714 E Monterey Way

4924 N Woodmere Fairway

Furnished Studio-Phoenix - Scottsdale - Old Town

3402 N 32nd St

2935 N 68th St

2935 N 68th St

8037 E Glenrosa Ave

Furnished Studio-Phoenix - Scottsdale

6505 E Osborn Rd
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.

3636 N 70th St

5203 N 24th St

3139 E Glenrosa Ave

4303 E Cactus Rd

4727 E Lafayette Blvd, Unit 327

6804 E 2nd St

7520 E Earll Dr

7950 E Camelback Rd

4630 N 68th St

4343 N 21st St
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.
Paradise Valley, AZ Local Guide

How much does it cost to rent a home in Paradise Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paradise Valley 2 Bedroom Homes for Rent | $4,075 | $1,195 | $10,000+ |
| Paradise Valley 3 Bedroom Homes for Rent | $6,351 | $1,595 | $10,000+ |
| Paradise Valley 4 Bedroom Homes for Rent | $11,949 | $800 | $10,000+ |
| Paradise Valley 5 Bedroom Homes for Rent | $19,445 | $4,795 | $10,000+ |
| Paradise Valley 6 Bedroom Homes for Rent | $23,921 | $8,995 | $10,000+ |
| Paradise Valley 7 Bedroom Homes for Rent | $15,498 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Paradise Valley
Explore Paradise Valley
Paradise Valley, AZ Local Guide
- Paradise Valley Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $667. Capri on Camelback in the Camelback East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Paradise Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Venue on Camelback Apartments | Honey | Studio,1BA | $667 |
| Capri on Camelback | Arcadia Affordable | Studio,1BA | $775 |
| The Summit Apartments | One Bedroom | 1BR,1BA | $779 |
| Kinley at Biltmore | S1 | Studio,1BA | $799 |
| ReNew Biltmore | McArthur | Studio,1BA | $875 |
| Desert Sunshine 3 | 1BR/1.0BA | 1BR,1BA | $899 |
| Echelon Apartments | 0Jx1S | Studio,1BA | $925 |
| One @ Old Town | Visionary | Studio,1BA | $950 |
| Arcadia Villa Apartments | Studio | Studio,1BA | $981 |
| Urban Walk Apartments | A1 | 1BR,1BA | $994 |
Best Value Apartments for Rent in Paradise Valley, AZ and Nearby
As of February 22, 2026 the best value apartment in the Paradise Valley area is the $1.53 price per square foot G Model at The Cascades Apartments in the in the Camelback East neighborhood starting from $1,898. The second greatest value Paradise Valley apartment is the B1-V1 - Phase I Model at Visconti at Camelback starting at $1,642 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cascades Apartments | G | 2BR,2BA | $1.53 |
| Visconti at Camelback | B1-V1 - Phase I | 2BR,2BA | $1.35 |
| La Terraza at the Biltmore | 2 Bed / 2.5 Bath | 2BR,2.5BA | $1.53 |
| Oasis at Scottsdale | 2 Bedr / 2 Bath | 2BR,2BA | $1.41 |
| The Earll | Two Bedroom | 2BR,2BA | $1.40 |
| Camelback Courtyard | Two Bedroom/ one and a Half Bath | 2BR,1.5BA | $1.24 |
| Arcadia 30 | 2x1 | 2BR,1BA | $1.33 |
| Avalon | One Bed One Bath | 1BR,1BA | $1.55 |
| Desert Sunshine 3 | 1BR/1.0BA | 1BR,1BA | $1.28 |
| The Summit Apartments | One Bedroom | 1BR,1BA | $1.44 |
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 ArticleDon'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 ArticleThe 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 ArticleCash 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 ArticleExpert'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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Paradise Valley, AZ Rentals by Map
See the most popular apartments and homes in Paradise Valley, AZ
Frequently Asked Questions about Paradise Valley
What type of rentals are currently available in Paradise Valley?
There are currently 711 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $667 to $25,929. There are also 479 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $800 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 $800 to $60,000 with an average monthly rent of $10,538.
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 $1,699 to $19,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $30,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $4,931.
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

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).

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.

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.

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

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.

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.

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.

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.