
Cheap Apartments for Rent in the Riverstone Estates Neighborhood of Peoria, AZ from $900 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverstone Estates area of Peoria.


Fountain Palms

The Franklin Apartment Homes

17374 N 89th Ave

Sonoma Ridge Apartments

Artessa
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Lake Pleasant Village Apartments

17374 N 89th Ave

Jerome Apartments

Tresa at Arrowhead Apartment Homes

Haven at Towne Center

Pavilions at Arrowhead
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Reserve at Arrowhead
Riverstone Estates, Peoria, AZ Local Guide

How much does it cost to rent an apartment in Riverstone Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverstone Estates Studio Apartments | $1,306 | $960 | $1,799 |
| Riverstone Estates 1 Bedroom Apartments | $1,364 | $950 | $1,868 |
| Riverstone Estates 2 Bedroom Apartments | $1,631 | $1,140 | $4,581 |
| Riverstone Estates 3 Bedroom Apartments | $2,082 | $1,747 | $4,410 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 3 mile radius of the Riverstone Estates Neighborhood of Peoria, AZ.
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Riverstone Estates, Peoria, AZ Local Guide
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Cheapest Available Riverstone Estates Apartments for Rent
 The cheapest available apartment rental in the Riverstone Estates area of Phoenix, AZ is a 1 Bed unit found at Jerome Apartments priced from $950. The Fountains at Lake Pleasant has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Riverstone Estates apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jerome Apartments | A2 | 1BR,1BA | $950 |
| The Fountains at Lake Pleasant | La Jolla` | 1BR,1BA | $999 |
| Tresa at Arrowhead Apartment Homes | Verona | 1BR,1BA | $1,150 |
| Fountain Palms | Parlor | 1BR,1BA | $1,165 |
| The Franklin Apartment Homes | A1 | 1BR,1BA | $1,220 |
Best Value Apartments for Rent in Riverstone Estates, AZ
As of January 24, 2026 the best value apartment in the Riverstone Estates area is the $1.30 price per square foot Parlor Model at Fountain Palms in the in the Deer Valley neighborhood starting from $1,165. The second greatest value Riverstone Estates apartment is the Sedona E Model at Artessa starting at $1,425 with a $1.65 price per square foot in the Deer Valley neighborhood. Here is today’s list of the best values for Riverstone Estates apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fountain Palms | Parlor | 1BR,1.5BA | $1.30 |
| Artessa | Sedona E | 1BR,1BA | $1.65 |
| San Prado | One Bedroom/One Bath | 1BR,1BA | $1.61 |
| The Fountains at Lake Pleasant | Santa Fe | 1BR,1.5BA | $1.32 |
| Sierra Canyon | A1R | 1BR,1BA | $1.65 |
| Reserve at Arrowhead | 1 Bedroom 1 Bath | 1BR,1BA | $1.51 |
| Cortland Arrowhead Summit | Ridge | 1BR,1BA | $1.78 |
| Sonoma Ridge Apartments | Riesling | 1BR,1BA | $1.76 |
| ORA Apartments | One Bedroom One Bath Luxury A1 | 1BR,1BA | $1.80 |
| Tresa at Arrowhead Apartment Homes | Verona | 1BR,1BA | $1.80 |
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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.
Pet Friendly LifestyleRiverstone Estates, Peoria, AZ
Ranked #8
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Riverstone Estates, Peoria, AZ
Frontier Elementary School
Sunrise Mountain High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Arizona and customized analysis for Northwest Phoenix. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Riverstone Estates Apartments
What is a cheap apartment in Riverstone Estates?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverstone Estates is under $1,300.
What is the price of a cheap apartment in Riverstone Estates?
The cheapest apartment in Riverstone Estates is Jerome Apartments which is listed at $950, while the average apartment in Riverstone Estates costs $2,095.
What types of apartments are the cheapest in Riverstone Estates?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 50 regular apartments in Riverstone Estates that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Riverstone Estates?
Cheap apartments in Riverstone Estates have an average cost of $457 which is $1,638 cheaper than the average rent for all rentals in Riverstone Estates.
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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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.