Cheap Homes for Rent in Paradise Valley, AZ from $800 (63 Rentals)

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

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.

property at 4354 N 82nd St

$1,299 - $2,200

1 To 2 Bedroom Rentals

Available Now

4354 N 82nd St

ScottsdaleAZ85251
property at 4950 N Miller Rd

$1,350 - $2,100

1 To 2 Bedroom Rentals

Available Now

4950 N Miller Rd

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 4917 N 73rd St

$1,495 - $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.

property at 5877 N Granite Reef Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 2 Bath Condo for Rent

Available Now

5877 N Granite Reef Rd, Unit 1154

5877 N Granite Reef Rd
ScottsdaleAZ85250
property at 4455 E Paradise Vlg Pkwy S

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 2 Bath Townhome for Rent

Available Now

property at 3235 E Camelback Rd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Now

3235 E Camelback Rd

PhoenixAZ85018
property at 4303 E Cactus Rd

$1,650 - $1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $1,975

Total Monthly Price
$1,650 - $1,975

1 Bedroom, 1 Bath Condo for Rent

Available Now

4303 E Cactus Rd

PhoenixAZ85032
property at 5995 N 78th St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 2 Bath Condo for Rent

Available Now

5995 N 78th St, Unit 1037

5995 N 78th St
ScottsdaleAZ85250
property at 7474 E Earll Dr

$1,675 - $3,000

2 Bedroom Rentals

Available Now

7474 E Earll Dr

ScottsdaleAZ85251
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

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 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 7777 E Main St

$1,700 - $2,850

2 Bedroom Rentals

Available Now

7777 E Main St

ScottsdaleAZ85251
property at 5132 N 31st Way

$1,750 - $2,000

1 To 2 Bedroom Rentals

Available Now

5132 N 31st Way

PhoenixAZ85016

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 Capri on Camelback in the Camelback East neighborhood priced from $790. The Venue on Camelback Apartments in the Encanto neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $802. Here is today’s list of the most affordable Paradise Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Capri on CamelbackArcadia AffordableStudio,1BA$790
The Venue on Camelback ApartmentsHoneyStudio,1BA$802
Echelon Apartments0Jx1SStudio,1BA$875
ReNew BiltmoreWrigleyStudio,1BA$879
Kinley at BiltmoreS1Studio,1BA$879
Ava North & SouthAva South - S1Studio,1BA$888
Solaris at the BiltmoreStudioStudio,1BA$899
Colonia1A1BR,1BA$950
Casa CibolaS1Studio,1BA$1,050
The Summit ApartmentsTwo Bedroom2BR,1BA$1,057

Best Value Apartments for Rent in Paradise Valley, AZ

As of July 12, 2026 the best value apartment in the Paradise Valley area is the $1.55 price per square foot Two Bedroom Model at The Palms in the in the Camelback East neighborhood starting from $1,656. The second greatest value Paradise Valley apartment is the Pisa Model at Scottsdale Place Apartments starting at $1,575 with a $1.52 price per square foot in the Resort Corridor 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.
The PalmsTwo Bedroom2BR,2BA$1.55
Scottsdale Place ApartmentsPisa2BR,2BA$1.52
MAA Camelback11B1BR,1BA$1.62
Vida462BD-2BA2BR,2BA$1.59
Visconti at CamelbackA4 - Phase I1BR,1BA$1.54
4127 Arcadia2X2A2BR,2BA$1.58
The Summit ApartmentsTwo Bedroom2BR,2BA$1.49
Arcadia 302x12BR,1BA$1.55
The Glen at Old TownA11BR,1BA$1.32
Urban Walk ApartmentsB12BR,2BA$1.52

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

Read Article
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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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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 694 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $802 to $34,276. There are also 558 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $850 to $75,000.

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 $850 to $75,000 with an average monthly rent of $11,796.

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 $1,810 to $29,500, 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 $2,495 and Four Bedroom Apartments start at $4,177.

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

decorative image for A Local Expert's Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

A Local Expert's 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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Expert's 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 Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

A Phoenix Expert's 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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.