Cheap Apartments for Rent in the Alhambra Neighborhood of Phoenix, AZ from $500 (60 Rentals)

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

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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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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Canyon Greens
Studio to 2 Bedroom Apartments

Canyon Greens

2507 W Maryland AvePhoenix, AZ 85017
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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
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The Revello
1 to 2 Bedroom Apartments

The Revello

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

Buenas Black Canyon

2551 W Mclellan BlvdPhoenix, AZ 85017
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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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Canyon Greens
Studio to 2 Bedroom Apartments

Canyon Greens

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

Goldcrest Apartments

1521 W Denton LnPhoenix, AZ 85015
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The Gem on Missouri
1 to 3 Bedroom Apartments

The Gem on Missouri

1623-1625 W Missouri AvePhoenix, AZ 85015
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Canyon Palms
1 Bedroom Apartments

Canyon Palms

6236 N Black Canyon FwyPhoenix, 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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The Edge on Seventeen
1 to 2 Bedroom Apartments

The Edge on Seventeen

2501 W Ocotillo RdPhoenix, AZ 85017
Student Housing
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Wilshire place
1 to 2 Bedroom Apartments

Wilshire place

6721 N 25th DrPhoenix, AZ 85017
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Cypress Manor
1 to 3 Bedroom Apartments

Cypress Manor

5726 N Black Canyon HwyPhoenix, AZ 85017
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Solano Park Apartments
1 to 2 Bedroom Apartments

Solano Park Apartments

5350 N 17th AvePhoenix, AZ 85015
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Christown Manor II
1 to 2 Bedroom Apartments

Christown Manor II

5045 N 17th AvePhoenix, AZ 85015
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The Parisian
1 to 2 Bedroom Apartments

The Parisian

6502 N 17th DrPhoenix, AZ 85015
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Villa Serena
1 to 2 Bedroom Apartments

Villa Serena

6802 N 17th AvePhoenix, AZ 85015
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Aurora 22
1 to 2 Bedroom Apartments

Aurora 22

1545 W Denton LnPhoenix, AZ 85015
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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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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 1 Bed unit found at Canyon Greens priced from $750. Santa Fe Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Alhambra apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Canyon Greens1BR/1.0BA1BR,1BA$750
Santa Fe SpringsOne Bedroom1BR,1BA$760
Tides on 27thS1Studio,1BA$787
Woodbridge Apartment HomesStudioStudio,1BA$799
Acacia Gardens1 x 1 Classic1BR,1BA$847
Palazzo Senior Apartments - 55+ Active Adult ApartmentsOne Bedroom - Ivy1BR,1BA$875
Avenue 19A11BR,1BA$892
De Ville1 Bed, 1 bath1BR,1BA$895
Palm Aire ApartmentsSienna1BR,1BA$899
Forte Apartments1 Bedroom, 1 full, 500 sqft1BR,1BA$900

Best Value Apartments for Rent in Alhambra, AZ

As of May 07, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cornell ApartmentsC13BR,2BA$1.27
Camelback GardensTwo Bedroom, Two Bath2BR,2BA$1.25
Villa Serena2 Bed/1.5 Bath Townhome Available! 6 Week Off S...2BR,1.5BA$1.08
Palm Aire ApartmentsRoyal2BR,2BA$1.40
Seville2 Bedroom2BR,1BA$1.44
Wilshire place2BR/1.0BA2BR,1BA$1.27
Avenue 19A1U1BR,1BA$1.42
De Ville1 Bed, 1 bath1BR,1BA$1.28
Acacia Gardens1 x 1 Renovated1BR,1BA$1.38
Canyon Greens1BR/1.0BA1BR,1BA$1.18

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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Pet Friendly Lifestyle
Alhambra, Phoenix, AZ

Ranked #86

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Alhambra, Phoenix, AZ

School data provided by Great Schools

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 $900.

What is the price of a cheap apartment in Alhambra?

The cheapest apartment in Alhambra is Canyon Greens which is listed at $750, while the average apartment in Alhambra costs $1,725.

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 40 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 $436 which is $1,289 cheaper than the average rent for all rentals in Alhambra.

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

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

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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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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

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.