Cheap Apartments for Rent in the Alhambra Neighborhood of Phoenix, AZ from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Alhambra area of Phoenix.

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Canyon Greens
Studio to 2 Bedroom Apartments

Canyon Greens

2507 W Maryland AvePhoenix, AZ 85017

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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Pasadena Villas
1 to 3 Bedroom Apartments

Pasadena Villas

1616 W Pasadena AvePhoenix, AZ 85015
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Rosewood Court
1 to 3 Bedroom Apartments

Rosewood Court

5104 N 16th AvePhoenix, AZ 85015
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The Villager Apartments
Studio to 2 Bedroom Apartments

The Villager Apartments

5110 N 19th AvePhoenix, AZ 85015
  • Utilities Included
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The Revello
1 to 2 Bedroom Apartments

The Revello

1600 W Camelback RdPhoenix, AZ 85015
Senior Living
  • Utilities Included
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Buenas Black Canyon
1 to 2 Bedroom Apartments

Buenas Black Canyon

2551 W Mclellan BlvdPhoenix, AZ 85017
  • Utilities Included

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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Canyon Greens
Studio to 2 Bedroom Apartments

Canyon Greens

6310 N Black Canyon HwyPhoenix, AZ 85017
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Wilshire place
1 to 2 Bedroom Apartments

Wilshire place

6721 N 25th DrPhoenix, AZ 85017
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The De Ville
1 to 2 Bedroom Apartments

The De Ville

2041 W Berridge LnPhoenix, AZ 85015
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Avenue 19
1 Bedroom Apartments

Avenue 19

6545 N 19th AvePhoenix, AZ 85015
Corporate Housing
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Midtown Villas
2 Bedroom Apartments

Midtown Villas

6528 N 17th AvePhoenix, AZ 85015
  • Utilities Included

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Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

Alhambra, Phoenix, AZ Local Guide

Cheapest Available Alhambra Apartments for Rent

 

The cheapest available apartment rental in the Alhambra area of Phoenix, AZ is a Studio unit found at Santa Fe Springs priced from $773. Tides on 27th has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Alhambra apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SpringsStudioStudio,1BA$773
Tides on 27thS1Studio,1BA$799
Canyon Greens1BR/1.0BA1BR,1BA$800
Wilshire place1BR/1.0BA1BR,1BA$800
Avenue 19A11BR,1BA$862

Best Value Apartments for Rent in Alhambra, AZ

As of November 03, 2025 the best value apartment in the Alhambra area is the $1.37 price per square foot Townhome - 3 Bed, 1.5 Baths Renovated Model at Connect on Missouri Apartments in the in the Downtown Phoenix neighborhood starting from $1,545. The second greatest value Alhambra apartment is the Two Bedroom, Two Bath Model at Camelback Gardens starting at $1,399 with a $1.25 price per square foot in the Downtown Phoenix neighborhood. Here is today’s list of the best values for Alhambra apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Connect on Missouri ApartmentsTownhome - 3 Bed, 1.5 Baths Renovated3BR,1.5BA$1.37
Camelback GardensTwo Bedroom, Two Bath2BR,2BA$1.25
The Edge2/2 upstairs 10,11,13,14,15,17,182BR,2BA$1.56
2028 W Lawrence Rd, Unit 22028 W Lawrence Rd2BR,2BA$1.49
Palm Aire ApartmentsRoyal2BR,2BA$1.40
Las Ventanas Apartments2 Bed x 1 Bath Apartment READY FOR YOU!2BR,1BA$1.38
Wilshire place2BR/1.0BA2BR,1BA$1.47
Homeward Bound2 Bedroom 1 Bath2BR,1BA$1.40
Avenue 19A1U1BR,1BA$1.28
Casa Loma ApartmentsTwo Bedroom2BR,1BA$1.48

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Pet Friendly Lifestyle
Alhambra, Phoenix, AZ

Ranked #104

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Alhambra Apartments

What is a cheap apartment in Alhambra?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alhambra is under $944.

What is the price of a cheap apartment in Alhambra?

The cheapest apartment in Alhambra is Wilshire place which is listed at $800, while the average apartment in Alhambra costs $1,545.

What types of apartments are the cheapest in Alhambra?

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 42 regular apartments in Alhambra 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 Alhambra?

Cheap apartments in Alhambra have an average cost of $382 which is $1,163 cheaper than the average rent for all rentals in Alhambra.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Apartment Common Area Rules: What Renters Need to Know

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.