Cheap Apartments for Rent in the Eastlake Park Neighborhood of Phoenix, AZ from $507 (193 Rentals)

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

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Adara
Rent Specials
$656 - $3,107
Total Monthly Price

Total Monthly Price

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$656 - $3,107
Total Monthly Price
Varies
Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
Student Housing
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property at 2040 E Monte Vista Rd

$700 - $1,150

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $1,150
Total Monthly Price
$700 - $1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

2040 E Monte Vista Rd

PhoenixAZ85006

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Monterra
Rent Specials
$947 - $1,734
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$947 - $1,734
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Studio to 3 Bedroom Apartments Available Now

Monterra

1333 N 24th StPhoenix, AZ 85008
Affordability
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sora
Rent Specials
$958 - $1,701
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$958 - $1,701
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Studio to 3 Bedroom Apartments Available Now

sora

355 N Central AvePhoenix, AZ 85004
Student Housing
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property at 1201 E Moreland St

$1,000 - $2,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $2,300
Total Monthly Price
$1,000 - $2,300

Studio To 2 Bedroom Townhomes for Rent

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1201 E Moreland St

PhoenixAZ85006

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property at 1402 E Pierce St

$1,099 - $2,299

1 To 3 Bedroom Rentals

Available Now

1402 E Pierce St

PhoenixAZ85006
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The Stewart
Rent Specials
$1,188 - $4,347
Total Monthly Price

Total Monthly Price

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$1,188 - $4,347
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Varies
Studio to 2 Bedroom Apartments Available Now

The Stewart

800 N Central AvePhoenix, AZ 85003
Student Housing
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  • 3D Tour

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Derby
Rent Specials
$1,189 - $4,218
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$1,189 - $4,218
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Studio to 2 Bedroom Apartments Available Now

Derby

800 N 2nd StPhoenix, AZ 85004
Student Housing
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property at 2040 E Monte Vista Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

2040 E Monte Vista Rd, Unit Casita

2040 E Monte Vista Rd
PhoenixAZ85006
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Mason Oliver
Rent Specials
$1,202 - $3,863
Total Monthly Price

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$1,202 - $3,863
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Studio to 3 Bedroom Apartments Available Now

Mason Oliver

11 S 12th StPhoenix, AZ 85034
Corporate Housing
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Konrad
Rent Specials
$1,239 - $2,558
Total Monthly Price

Total Monthly Price

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$1,239 - $2,558
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Varies
Studio to 2 Bedroom Apartments Available Now

Konrad

901 E Van Buren StPhoenix, AZ 85006
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Eastlake Park, Phoenix, AZ Local Guide

Cheapest Available Eastlake Park Apartments for Rent

 

The cheapest available apartment rental in the Eastlake Park area of Phoenix, AZ is a 1 Bed unit found at Garfield Terrace priced from $507. Adara has the second lowest priced unit, which is a Studio apartment currently listed from $656. Here are the most affordable Eastlake Park apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Garfield TerraceGarfield Terrace One Bedroom1BR,1BA$507
AdaraCo-living 4BStudio,1BA$656
McCarty on Monroe1 Bedroom (A)1BR,1BA$720
901 E. Pierce St.0BR/1.0BAStudio,1BA$724
829 N 4th AveStudio, 1 bathStudio,1BA$775
769 E. Pierce St.1BR/1.0BA1BR,1BA$799
TerraceVue2nd Floor 1 Bedroom1BR,1BA$849
The ContinentalStudioStudio,1BA$899
AlturaS2 - AffordableStudio,1BA$943

Best Value Apartments for Rent in Eastlake Park, AZ

As of August 31, 2026 the best value apartment in the Eastlake Park area is the $1.80 price per square foot 2 Beds, 2 Baths Model at Tapestry on Central in the in the South Phoenix neighborhood starting from $2,300. The second greatest value Eastlake Park apartment is the One Bedroom Den Model at Roosevelt Square starting at $1,882 with a $1.66 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Eastlake Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tapestry on Central2 Beds, 2 Baths2BR,2BA$1.80
Roosevelt SquareOne Bedroom Den1BR,1.5BA$1.66
Coronado Court Apartment Homes#02 large private corner yard2BR,1BA$1.64
Matthew Henson Apartments2 Bedroom Townhouse2BR,1.5BA$1.35
MonterraB12BR,2BA$1.60
The CoronadoTwo Bedroom2BR,2BA$1.35
The Met at 3rd and FillmoreChelsea1BR,1BA$1.79
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
Agave Court1x11BR,1BA$1.48
769 E. Pierce St.1BR/1.0BA1BR,1BA$1.60

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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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
Eastlake Park, Phoenix, AZ

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Eastlake Park, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Arizona, including Phoenix. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Eastlake Park Apartments

What is a cheap apartment in Eastlake Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Eastlake Park is under $943.

What is the price of a cheap apartment in Eastlake Park?

The cheapest apartment in Eastlake Park is Garfield Terrace which is listed at $507, while the average apartment in Eastlake Park costs $1,841.

What types of apartments are the cheapest in Eastlake Park?

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 763 regular apartments in Eastlake Park 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 Eastlake Park?

Cheap apartments in Eastlake Park have an average cost of $1,250 which is $591 cheaper than the average rent for all rentals in Eastlake Park.

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.

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