Cheap Homes for Rent in Paradise Valley, AZ from $1,100 (96 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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
property at 3600 Hayden Rd

3600 Hayden 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.

Read Article

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.

Read Article
property at 4354 N 82nd St

4354 N 82nd St

ScottsdaleAZ85251
property at 5995 N 78th St

5995 N 78th St

ScottsdaleAZ85250

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
property at 7494 E Earll Dr

7494 E Earll Dr

ScottsdaleAZ85251
property at 3828 N 32nd St

3828 N 32nd St

PhoenixAZ85018

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Read Article
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 $731. The Summit Apartments in the North Phoenix neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $748. 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$731
The Summit ApartmentsStudioStudio,1BA$748
Kinley at BiltmoreS1Studio,1BA$849
Capri on CamelbackArcadia AffordableStudio,1BA$925
Ava North & SouthAva North - A11BR,1BA$953
ReNew BiltmoreWrigleyStudio,1BA$970
Urban Walk ApartmentsA11BR,1BA$984
Solaris at the BiltmoreStudioStudio,1BA$999
Echelon Apartments0Jx1Studio,1BA$1,020
Arcadia HausOne Bedroom1BR,1BA$1,099

Best Value Apartments for Rent in Paradise Valley, AZ

As of June 22, 2025 the best value apartment in the Paradise Valley area is the $1.63 price per square foot The Haver Model at Novella at Biltmore in the in the Central Phoenix neighborhood starting from $3,250. The second greatest value Paradise Valley apartment is the Royal Palms 3/2 Model at Royal Palms Apartments starting at $2,100 with a $1.68 price per square foot in the Downtown Scottsdale 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 Haver3BR,2.5BA$1.63
Royal Palms ApartmentsRoyal Palms 3/23BR,1BA$1.68
Del Prado2B2BR,2BA$1.58
Townhomes on the Park Apartment HomesTwo Bedroom Two Bath2BR,2BA$1.43
Oasis at Scottsdale2 Bedr / 2 Bath2BR,2BA$1.54
Morningside Apartments2 bedroom, 2 bath2BR,2BA$1.48
Scottsdale Place ApartmentsSalerno2BR,2BA$1.58
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1.5BA$1.53
The Glen at Old TownA11BR,1BA$1.44
AvalonOne Bed One Bath1BR,1BA$1.60

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

Frequently Asked Questions about Paradise Valley

What type of rentals are currently available in Paradise Valley?

There are currently 693 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $731 to $27,300. There are also 567 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $1,140 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 $1,140 to $60,000 with an average monthly rent of $11,813.

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 $1,700 to $14,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $27,000. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $3,500.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.