Cheap Homes for Rent in Paradise Valley, AZ from $900 (70 Rentals)

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

property at 3600 Hayden Rd

$1,329 - $5,000

1 To 2 Bedroom Rentals

Available Now

3600 Hayden Rd

ScottsdaleAZ85251

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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 6840 E 2nd St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

6840 E 2nd St, Unit 5

6840 E 2nd St
ScottsdaleAZ85251
property at 4917 N 73rd St

$1,520 - $2,500

2 Bedroom Rentals

Available Now

4917 N 73rd St

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.

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property at 4917 N 73rd St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

2 Bedroom, 2 Bath Condo for Rent

Available Now

4917 N 73rd St, Unit 17

4917 N 73rd St
ScottsdaleAZ85251
property at 5249 E Shea Blvd

$1,625

Total Monthly Price

Total Monthly Price

Base Rent
$1,625
Total Monthly Price
$1,625

2 Bedroom, 2 Bath Townhome for Rent

Available Now

5249 E Shea Blvd

ScottsdaleAZ85254
property at 3600 Hayden Rd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

2 Bedroom, 1 Bath Condo for Rent

Available Now

3600 Hayden Rd, Unit 2606

3600 Hayden 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 6125 E Indian School Rd

$1,698

Total Monthly Price

Total Monthly Price

Base Rent
$1,698
Total Monthly Price
$1,698

1 Bedroom, 1 Bath Condo for Rent

Available Now

6125 E Indian School Rd, Unit 254

6125 E Indian School Rd
ScottsdaleAZ85251
property at 4303 E Cactus Rd

$1,699

Total Monthly Price

Total Monthly Price

Base Rent
$1,699
Total Monthly Price
$1,699

1 Bedroom, 1 Bath Condo for Rent

Available Now

4303 E Cactus Rd, Unit 202

4303 E Cactus Rd
PhoenixAZ85032
property at 5877 N Granite Reef Rd

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

2 Bedroom, 2 Bath Condo for Rent

Available Now

5877 N Granite Reef Rd, Unit 1154

5877 N Granite Reef Rd
ScottsdaleAZ85250

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

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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 Kinley at Biltmore in the Camelback East neighborhood priced from $749. ReNew Biltmore in the Camelback East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $769. Here is today’s list of the most affordable Paradise Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kinley at BiltmoreS1Studio,1BA$749
ReNew BiltmoreWrigleyStudio,1BA$769
Solaris at the BiltmoreStudioStudio,1BA$899
Echelon Apartments0Jx1SStudio,1BA$903
The Venue on Camelback ApartmentsHoneyStudio,1BA$904
Capri on CamelbackSerenoStudio,1BA$915
Ava North & SouthAva North - A21BR,1BA$926
One @ Old TownVisionaryStudio,1BA$950
Urban Walk ApartmentsA11BR,1BA$1,034
Casa CibolaS1Studio,1BA$1,050

Best Value Apartments for Rent in Paradise Valley, AZ

As of May 28, 2026 the best value apartment in the Paradise Valley area is the $1.49 price per square foot 2 Bed / 2.5 Bath Model at La Terraza at the Biltmore in the in the Downtown Phoenix neighborhood starting from $1,750. The second greatest value Paradise Valley apartment is the Two Bedroom Two Bath Model at Townhomes on the Park Apartment Homes starting at $1,520 with a $1.43 price per square foot in the North 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.
La Terraza at the Biltmore2 Bed / 2.5 Bath2BR,2.5BA$1.49
Townhomes on the Park Apartment HomesTwo Bedroom Two Bath2BR,2BA$1.43
Scottsdale Place ApartmentsPisa2BR,2BA$1.52
Visconti at CamelbackA4 - Phase II1BR,1BA$1.48
The Glen at Old TownA22BR,2BA$1.43
The EarllTwo Bedroom2BR,2BA$1.30
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1.5BA$1.42
The Summit ApartmentsTwo Bedroom2BR,2BA$1.49
4127 Arcadia2X1A2BR,1BA$1.35
Ava North & SouthAva North - A21BR,1BA$1.42

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 687 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $769 to $25,000. There are also 547 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $945 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 $945 to $60,000 with an average monthly rent of $11,079.

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 $1,688 to $19,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,675 to $25,000. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $10,000.

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.

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.

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.