
Cheap Homes for Rent in Colony by the Green Neighborhood of Phoenix, AZ from $900 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Colony by the Green 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.

465 W Ivyglen St, Unit (21) Unit #242, Unit (21) Unit #242
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.
Colony by the Green, Phoenix, AZ Local Guide

How much does it cost to rent a home in Colony by the Green?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colony by the Green 2 Bedroom Homes for Rent | $1,398 | $950 | $2,300 |
| Colony by the Green 3 Bedroom Homes for Rent | $3,228 | $1,889 | $8,995 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Colony by the Green Neighborhood of Phoenix, AZ.
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Best Value Apartments for Rent in Colony by the Green, AZ
As of April 24, 2026 the best value apartment in the Colony by the Green area is the $1.38 price per square foot 2-Bedroom Classic Model at Country Club Greens in the in the South Phoenix neighborhood starting from $1,450. The second greatest value Colony by the Green apartment is the 2 Bedroom 2 Bathroom Model at Luna Bear 454 West Brown Apartments starting at $1,399 with a $1.40 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Colony by the Green apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Country Club Greens | 2-Bedroom Classic | 2BR,2BA | $1.38 |
| Luna Bear 454 West Brown Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.40 |
| 444 W Ivyglen St, Unit 1 | 444 W Ivyglen St | 2BR,2BA | $1.53 |
| Luxe 1930 | The Capri | 1BR,1BA | $1.64 |
| Country Club Verandas | A1: 1 Bed 1 Bath | 1BR,1BA | $1.92 |
| Sonoran Palms | Studio | Studio ,1BA | $2.18 |
Frequently Asked Questions about Colony by the Green
What type of rentals are currently available in Colony by the Green?
There are currently 35 Apartments for Rent in Colony by the Green, AZ with pricing that ranges from $829 to $2,200. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colony by the Green ranging from $950 to $8,995.
What is the current price range for Rental Homes in Colony by the Green?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Colony by the Green ranges from $950 to $8,995 with an average monthly rent of $2,313.
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

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).

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.

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.

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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.