Search the lowest-cost Apartments available for rent right now in the Alhambra area of Phoenix.
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.
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.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alhambra Studio Apartments | $829 | $739 | $1,050 |
| Alhambra 1 Bedroom Apartments | $1,279 | $835 | $3,658 |
| Alhambra 2 Bedroom Apartments | $1,346 | $904 | $3,796 |
| Alhambra 3 Bedroom Apartments | $1,689 | $1,599 | $1,881 |
There are currently 19 rentals with your search options within a 1 mile radius of the Alhambra Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixThe cheapest available apartment rental in the Alhambra area of Phoenix, AZ is a Studio unit found at Tides on 27th priced from $739. Canyon Greens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Alhambra apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tides on 27th | S1 | Studio,1BA | $739 |
| Canyon Greens | 1BR/1.0BA | 1BR,1BA | $750 |
| Santa Fe Springs | Studio | Studio,1BA | $780 |
| Aspire Apartment Homes | 0 x 1 - Classic | Studio,1BA | $799 |
| Wilshire Place Apartments | 1BR/1.0BA | 1BR,1BA | $800 |
As of March 22, 2026 the best value apartment in the Alhambra area is the $1.27 price per square foot C1 Model at Cornell Apartments in the in the North Phoenix neighborhood starting from $1,450. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cornell Apartments | C1 | 3BR,2BA | $1.27 |
| Camelback Gardens | Two Bedroom, Two Bath | 2BR,2BA | $1.25 |
| Villa Serena | 2 x 1.50 | 2BR,1.5BA | $1.08 |
| The Edge | 2/2 upstairs 10,11,13,14,15,17,18 | 2BR,2BA | $1.45 |
| San Aurelio | Union Pacific | 2BR,2BA | $1.48 |
| Homeward Bound | 2 Bedroom 1 Bath | 2BR,1BA | $1.40 |
| Palazzo Senior Apartments - 55+ Active Adult Apartments | One Bedroom - Aster | 1BR,1BA | $1.46 |
| Palm Aire Apartments | Sienna | 1BR,1BA | $1.37 |
| Wilshire Place Apartments | 1BR/1.0BA | 1BR,1BA | $1.23 |
| Canyon Greens | 1BR/1.0BA | 1BR,1BA | $1.18 |
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleWorking 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 ArticleDiscover 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 ArticleMoving 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.
Read ArticleDiscover 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.
Read ArticleA 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 ArticleThe 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.
If you’re an expert on all things Alhambra, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewAmong cities in Arizona for Apartment listings with Pet Friendly Amenities.
School data provided by Great Schools
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alhambra is under $949.
The cheapest apartment in Alhambra is Canyon Greens which is listed at $750, while the average apartment in Alhambra costs $1,694.
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 24 regular apartments in Alhambra that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Alhambra have an average cost of $358 which is $1,336 cheaper than the average rent for all rentals in Alhambra.
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.
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).
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.
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.
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.
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
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.
Written by: Christine Leonard, Esq.
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.
We'll check your Alhambra review to ensure it meets our Review Guidelines.
Thank you!
