Cheap Homes for Rent in Peoria, AZ from $600 (57 Rentals)

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

property at 7543 W Brown St.

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600
Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Now

7543 W Brown St., Unit B

7543 W Brown St.
PeoriaAZ85345

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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property at 12221 W Bell Rd

$1,198

Total Monthly Price

Total Monthly Price

Base Rent
$1,198
Total Monthly Price
$1,198

1 Bedroom, 1 Bath Condo for Rent

Available Now

12221 W Bell Rd, Unit 175

12221 W Bell Rd
SurpriseAZ85378

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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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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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 6819 N 64th Ave

$1,500

Total Monthly Price

Total Monthly Price

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

3 Bedroom, 2 Bath Home for Rent

Available Now

6819 N 64th Ave

GlendaleAZ85301

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

Peoria, AZ Local Guide

Cheapest Neighborhoods for Apartments in Peoria, AZ

Pricing Updated: 05/31/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
El Mirage$1,956$98928

Cheapest Available Peoria Apartments for Rent

 

The cheapest available apartment rental in Peoria, AZ is a 1 Bed unit found at Park at Westgate in the Ocotillo Disctrict neighborhood priced from $799. Bingham Blocks in the Barrel District neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Peoria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park at Westgate1x1A1BR,1BA$799
Bingham BlocksS1Studio,1BA$825
Olive TreeA11BR,1BA$825
Country Creek ApartmentsHOP INTO SAVINGS THIS APRIL WITH A $899 OR $109...Studio,1BA$850
Jerome ApartmentsA3 Classic1BR,1BA$870
Solmere PhoenixA11BR,1BA$873
Streamliner AldeaStudioStudio,1BA$874
Park 671x11BR,1BA$875
Park Villas1x11BR,1BA$896
VisionsEnergy StudioStudio,1BA$925

Best Value Apartments for Rent in Peoria, AZ

As of May 31, 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 3 Bed/2 Bath Model at Bella Olivia starting at $2,499 with a $1.17 price per square foot in the Yucca District neighborhood. Here is today’s list of the best values for Peoria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8566 W Cinnabar Ave85665BR,3BA$1.13
Bella Olivia3 Bed/2 Bath3BR,2BA$1.17
BB Living at Vistancia4 BED/2.5 BATH4BR,2.5BA$1.09
Park Villas3x23BR,2BA$1.41
Woodridge Manor3/23BR,2BA$1.37
7602 N 61st Ave, Unit 76067602 N 61st Ave2BR,1.5BA$1.34
Desert Harbor Apartment Homes2 Bedroom, 2 Bath2BR,2BA$1.38
The Fountains at Lake PleasantSanta Fe1BR,1.5BA$1.32
MoxiAcacia1BR,1BA$1.39
Park 671x11BR,1BA$1.34

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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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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Peoria, AZ
Population: 172,259

Ranked #153

in US Census Population by City

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Best Local Schools in
Peoria, AZ

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Peoria

What type of rentals are currently available in Peoria?

There are currently 319 Apartments for Rent in Peoria, AZ with pricing that ranges from $799 to $6,726. There are also 624 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria ranging from $600 to $8,900.

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 $600 to $8,900 with an average monthly rent of $2,520.

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 $3,219, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $4,750. Four Bedroom Single-Family rentals are also available starting from $1,399 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

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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.

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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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.