Cheap Apartments for Rent in the Coronado Neighborhood of Phoenix, AZ from $700 (54 Rentals)

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

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Royal House
1 to 2 Bedroom Apartments

Royal House

2216 N 16th StPhoenix, AZ 85006
  • Utilities Included
  • Smoke Free

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Coronado, Phoenix, AZ Local Guide

Cheapest Available Coronado Apartments for Rent

 

The cheapest available apartment rental in the Coronado area of Phoenix, AZ is a 4 Beds unit found at Adara priced from $740. The Loreto Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $848. Here are the most affordable Coronado apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
AdaraD24BR,4BA$740
The Loreto ApartmentsStudioStudio,1BA$848
Summit on ThomasS1Studio,1BA$879
MonterraSTU1Studio,1BA$916
VB on 12thA3 - StudioStudio,1BA$927
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1BA$950
32 ArcadiaA21BR,1BA$975
Urbana on 12thStudioStudio,1BA$995
Cactus CanyonTwo Bedroom - Two Bathroom2BR,2BA$999
Mason OliverStudio1Studio,1BA$1,080

Best Value Apartments for Rent in Coronado, AZ

As of January 06, 2026 the best value apartment in the Coronado area is the $1.05 price per square foot Two Bedroom - Two Bathroom Model at Cactus Canyon in the in the Downtown Phoenix neighborhood starting from $999. The second greatest value Coronado apartment is the Two Bedroom Model at The Coronado starting at $1,199 with a $1.35 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Coronado apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cactus CanyonTwo Bedroom - Two Bathroom2BR,2BA$1.05
The CoronadoTwo Bedroom2BR,2BA$1.35
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1.5BA$1.08
Urban Walk ApartmentsB12BR,2BA$1.56
Mason OliverA71BR,1BA$1.84
Arioso City LoftsSanta Fe1BR,1BA$1.64
Audere ApartmentsBlazing Star1BR,1BA$1.86
Remodeled one level apartments1BR/1.0BA1BR,1BA$1.72
32 ArcadiaA21BR,1BA$1.77
Summit on ThomasS1 RenovatedStudio ,1BA$1.89

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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
Coronado, Phoenix, AZ

Ranked #27

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Coronado Apartments

What is a cheap apartment in Coronado?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Coronado is under $1,080.

What is the price of a cheap apartment in Coronado?

The cheapest apartment in Coronado is VB on 12th which is listed at $947, while the average apartment in Coronado costs $2,649.

What types of apartments are the cheapest in Coronado?

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 1,347 regular apartments in Coronado 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 Coronado?

Cheap apartments in Coronado have an average cost of $1,436 which is $1,213 cheaper than the average rent for all rentals in Coronado.

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

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

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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!