
Cheap Homes for Rent in Peoria, AZ from $700 (70 Rentals)
Search the lowest-cost Homes available for rent right now in Peoria.


11305 W Pinehollow Dr

7554 W Cholla St

12340 N 72nd Dr

5946 West Myrtle Ave

6713 W Palmaire Ave

12340 N 72nd Dr

12340 N 72nd Dr

12123 W Bell Rd, Unit 313

9632 N 58th Ln, Unit Suite
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.

12221 W Bell Rd

12221 W Bell Rd, Unit 175

10701 N 99th Ave

8111 W Wacker Rd, Unit 42

9916 W Lancaster Dr

9231 N 99th Ave

10831 W Deanne Dr

10643 W Snead Dr

12221 W Bell Rd, Unit 250

12221 W Bell Rd, Unit 182
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.

12123 W Bell Rd, Unit 258

10606 W Oakmont Dr

7110 N 68th Ave

10960 N 67th Ave

6960 W Peoria Ave

19420 N Westbrook Pkwy

12123 W Bell Rd

12123 W Bell Rd, Unit Sunridge Condominiums

11356 N 113th Ave

12624 N 105th Ave
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.

11363 N 113th Ave

10024 W Denham Dr

11013 N 110th Dr

10620 W Coggins Dr, Unit Condo 10620

9415 N 59th Ave

8375 W Madison St

11411 N 91st Ave

13066 N 100th Dr

Furnished Studio-Phoenix - Peoria - Sun City

11014 W Cheryl Dr
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.

9426 W Arrowhead Dr

5757 W Eugie Ave

7040 W Olive Ave

12759 W Desert Mirage Dr

9845 N 105th Dr

11207 W Oregon Ave

11644 N Balboa Dr

11610 W Wethersfield Rd

12422 N Cherry Hills Dr E

10601 W Bolivar Dr
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.
Peoria, AZ Local Guide

How much does it cost to rent a home in Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peoria 2 Bedroom Homes for Rent | $2,171 | $950 | $7,000 |
| Peoria 3 Bedroom Homes for Rent | $2,280 | $750 | $6,400 |
| Peoria 4 Bedroom Homes for Rent | $2,640 | $1,549 | $6,000 |
| Peoria 5 Bedroom Homes for Rent | $3,273 | $2,030 | $6,500 |
| Peoria 6 Bedroom Homes for Rent | $3,120 | $2,695 | $3,545 |
Browse Top Homes for Rent in Peoria
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Peoria, AZ Local Guide
- Peoria Neighborhoods
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Cheapest Neighborhoods for Apartments in Peoria, AZ
Pricing Updated: 07/15/2026Current apartment rentals in the Peoria, AZ area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Peoria Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| El Mirage | $1,956 | $1,000 | 20 |
Cheapest Available Peoria Apartments for Rent
 The cheapest available apartment rental in Peoria, AZ is a Studio unit found at Solmere Phoenix in the Barrel District neighborhood priced from $653. Park at Westgate in the Ocotillo Disctrict neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $753. Here is today’s list of the most affordable Peoria apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Solmere Phoenix | S1 | Studio,1BA | $653 |
| Park at Westgate | 1x1A | 1BR,1BA | $753 |
| Park Villas | 1x1 | 1BR,1BA | $792 |
| Sun Ridge | 1 Beds, 1 Baths | 1BR,1BA | $800 |
| Solas Glendale | Haven | 1BR,1BA | $802 |
| Olive Tree | A1 | 1BR,1BA | $825 |
| Bingham Blocks | S1 | Studio,1BA | $825 |
| Park 67 | 1x1 | 1BR,1BA | $849 |
| Country Creek Apartments | HOP INTO SAVINGS THIS APRIL WITH A $899 OR $109... | Studio,1BA | $850 |
| Streamliner 87th | Studio | Studio,1BA | $889 |
Best Value Apartments for Rent in Peoria, AZ
As of July 15, 2026 the best value apartment in the Peoria area is the $1.13 price per square foot 8566 Model at 8566 W Cinnabar Ave in the in the The Preserve at Cibola Vista neighborhood starting from $3,250. The second greatest value Peoria apartment is the 4 BED/2.5 BATH Model at BB Living at Vistancia starting at $1,675 with a $1.09 price per square foot in the Harmony at Desert Oasis neighborhood. Here is today’s list of the best values for Peoria apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8566 W Cinnabar Ave | 8566 | 5BR,3BA | $1.13 |
| BB Living at Vistancia | 4 BED/2.5 BATH | 4BR,2.5BA | $1.09 |
| Vue Park West | Ivy B | 2BR,2BA | $1.26 |
| 10880 W Coggins Dr | 1 Bedroom | 1BR,1BA | $1.18 |
| Woodridge Manor | 2/1 | 2BR,1BA | $1.26 |
| Sun Creek Apartments | 2x2 | 2BR,2BA | $1.18 |
| The Fountains at Lake Pleasant | Santa Fe | 1BR,1.5BA | $1.32 |
| Libertad Glendale | 1 Bedroom | 1BR,1BA | $1.29 |
| Park 67 | 1x1 | 1BR,1BA | $1.30 |
| Park at Westgate | 1x1A | 1BR,1BA | $1.33 |
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 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 ArticleReal 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.
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.
Peoria, AZPopulation: 172,259
Ranked #153
in US Census Population by City
Best Local Schools in Peoria, AZ
School data provided by Great Schools
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Frequently Asked Questions about Peoria
What type of rentals are currently available in Peoria?
There are currently 317 Apartments for Rent in Peoria, AZ with pricing that ranges from $662 to $24,685. There are also 651 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria ranging from $725 to $7,000.
What is the current price range for Rental Homes in Peoria?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peoria ranges from $725 to $7,000 with an average monthly rent of $2,434.
How much are larger Three and Four Bedroom Rentals in Peoria?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peoria range from $1,170 to $7,913, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $6,400. Four Bedroom Single-Family rentals are also available starting from $1,549 and Four Bedroom Apartments start at $1,956.
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 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).

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.

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.

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

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.

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.

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.

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.