Cheap Homes for Rent in Paradise Valley, AZ from $700 (64 Rentals)

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

property at 4301 N 24th St

4301 N 24th St

PhoenixAZ85016
property at 6505 E Osborn Rd

6505 E Osborn Rd

ScottsdaleAZ85251
property at 3313 N 68th St

3313 N 68th St

ScottsdaleAZ85251

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.

property at 13440 N 44th St

13440 N 44th St

PhoenixAZ85032
property at 6505 E Osborn Rd

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.

property at 6505 E Osborn Rd

6505 E Osborn Rd

ScottsdaleAZ85251
property at 8021 E Osborn Rd

8021 E Osborn Rd

ScottsdaleAZ85251
property at 8021 E Osborn Rd

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.

property at 7494 E Earll Dr

7494 E Earll Dr

ScottsdaleAZ85251
property at 4354 N 82nd St

4354 N 82nd St

ScottsdaleAZ85251
property at 4701 N 68th St

4701 N 68th St

ScottsdaleAZ85251
property at 3500 Hayden Rd

3500 Hayden Rd

ScottsdaleAZ85251

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.

property at 7494 E Earll Dr

7494 E Earll Dr

ScottsdaleAZ85251
property at 8021 E Osborn Rd

8021 E Osborn Rd

ScottsdaleAZ85251
property at 6505 E Osborn Rd

6505 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.

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 Kinley at Biltmore in the Camelback East neighborhood priced from $749. The Venue on Camelback Apartments in the Encanto neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $786. Here is today’s list of the most affordable Paradise Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kinley at BiltmoreS1Studio,1BA$749
The Venue on Camelback ApartmentsHoneyStudio,1BA$786
Capri on CamelbackArcadiaStudio,1BA$800
Ava North & SouthAva South - A11BR,1BA$897
Visconti at CamelbackA1 - Phase II1BR,1BA$926
Echelon Apartments0x1SStudio,1BA$945
One @ Old TownVisionaryStudio,1BA$950
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1BA$950
ReNew BiltmoreMcArthurStudio,1BA$965
Urban Walk ApartmentsA11BR,1BA$994

Best Value Apartments for Rent in Paradise Valley, AZ

As of November 09, 2025 the best value apartment in the Paradise Valley area is the $1.54 price per square foot Three Bedroom, Two Bathroom Model at Orinoco Apartments in the in the Camelback East neighborhood starting from $1,699. 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.
Orinoco ApartmentsThree Bedroom, Two Bathroom3BR,2BA$1.54
2138 E Turney Ave, Unit D2138 E Turney Ave2BR,1BA$1.33
Oasis at Scottsdale2 Bedr / 2 Bath2BR,2BA$1.40
The Viridian ApartmentsTwo Bedroom2BR,2BA$1.58
Vida461B-Den1BR,1BA$1.55
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1.5BA$1.08
Arcadia 302x1 (825 SqFt).2BR,1BA$1.33
Arcadia Villa Apartments1 Bed / 1 Bath A21BR,1BA$1.50
Visconti at Camelback1 Bedroom - Phase II1BR,1BA$1.57
Desert Sunshine 31BR/1.0BA1BR,1BA$1.57

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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
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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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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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Frequently Asked Questions about Paradise Valley

What type of rentals are currently available in Paradise Valley?

There are currently 706 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $675 to $29,995. There are also 545 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $748 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 $748 to $60,000 with an average monthly rent of $11,069.

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 $16,995, 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 $2,200 and Four Bedroom Apartments start at $2,712.

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.

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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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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! 

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.