Cheap Homes for Rent in Alhambra Neighborhood of Phoenix, AZ from $700 (9 Rentals)

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

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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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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 Santa Fe Springs priced from $760. Woodbridge Apartment Homes 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 SpringsOne Bedroom1BR,1BA$760
Woodbridge Apartment HomesStudioStudio,1BA$799
Palm Aire ApartmentsSienna1BR,1BA$799

Best Value Apartments for Rent in Alhambra, AZ

As of July 26, 2025 the best value apartment in the Alhambra area is the $1.45 price per square foot C1 Model at Cornell Apartments in the in the North Phoenix neighborhood starting from $1,650. 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$1.45
Camelback GardensTwo Bedroom, Two Bath2BR,2BA$1.25
Chic, urban living awaits.Boutique Community - 2 Bedroom Townhome with Wa...2BR,1.5BA$1.23
The Edge2/2 upstairs 10,11,13,14,15,17,182BR,2BA$1.56
Missouri CrossingSouthern Pacific2BR,1BA$1.48
Las Ventanas Apartments2 Bed x 1 Bath Apartment READY FOR YOU!2BR,1BA$1.38
Estates on Maryland ApartmentsAcacia1BR,1BA$1.52
Palm Aire ApartmentsSienna1BR,1BA$1.22
The Canvas ApartmentsLuxurious Renovated 1 Bed & 1 Bath1BR,1BA$1.57
Santa Fe SpringsStudioStudio ,1BA$1.61

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Frequently Asked Questions about Alhambra

What type of rentals are currently available in Alhambra?

There are currently 184 Apartments for Rent in Alhambra, AZ with pricing that ranges from $760 to $1,975. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alhambra ranging from $795 to $4,000.

What is the current price range for Rental Homes in Alhambra?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alhambra ranges from $795 to $4,000 with an average monthly rent of $1,779.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.