Cheap Apartments for Rent in the Encanto Neighborhood of Phoenix, AZ from $600 (91 Rentals)

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

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property at 3623 N 5th Ave

3623 N 5th Ave

PhoenixAZ85013

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property at 3993 N 3rd Ave

3993 N 3rd Ave

PhoenixAZ85013

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property at 522 E Pierson St

522 E Pierson St

PhoenixAZ85012

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Encanto, Phoenix, AZ Local Guide

Cheapest Available Encanto Apartments for Rent

 

The cheapest available apartment rental in the Encanto area of Phoenix, AZ is a Studio unit found at The Studio on 12th Street priced from $725. The Venue on Camelback Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $772. Here are the most affordable Encanto apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Studio on 12th Street4130 North 12th StreetStudio,1BA$725
The Venue on Camelback ApartmentsHoneyStudio,1BA$772
The Loreto ApartmentsStudioStudio,1BA$848
Osborn Place1 Bed - 1 Bath B1BR,1BA$875
The DevonshireThe StudioStudio,1BA$899
Urban Living with Local Flair at 502 West 1BR/1.0BA1BR,1BA$950
Camelback Cove ApartmentsStudioStudio,1BA$975
Melrose3130S1 ClassicStudio,1BA$987
Urbana on 12thStudioStudio,1BA$995
Pierson Place ApartmentsOne Bedroom1BR,1BA$999

Best Value Apartments for Rent in Encanto, AZ

As of August 29, 2025 the best value apartment in the Encanto area is the $1.64 price per square foot Perimeter Model at Halcyon on Cheery Lynn in the in the Encanto neighborhood starting from $2,795. The second greatest value Encanto apartment is the 3A Model at The Heritage Apartment Homes starting at $1,975 with a $1.62 price per square foot in the Encanto neighborhood. Here is today’s list of the best values for Encanto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Halcyon on Cheery LynnPerimeter3BR,2.5BA$1.64
The Heritage Apartment Homes3A3BR,2BA$1.62
Arioso City LoftsPennsylvania2BR,2BA$1.51
Partenza on HighlandTwo Bedroom, One Bath2BR,1BA$1.65
60 at Melrose2 bed 2 bath2BR,2BA$1.54
Playton Place1 Bed, 1 bath1BR,1BA$1.58
TamarackA1R1BR,1BA$1.61
Highland TerraceOne Bed/ One Bath1BR,1BA$1.53
Osborn Place1 Bed - 1 Bath B1BR,1BA$1.21
Aura at Midtown1x1 714sf Partial1BR,1BA$1.57

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
Encanto, Phoenix, AZ

Ranked #37

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Phoenix. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, family-friendly amenities, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Encanto Neighborhood in Phoenix, AZ

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

64 / 100

Bikeable

Some bike infrastructure

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Encanto Apartments

What is a cheap apartment in Encanto?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Encanto is under $999.

What is the price of a cheap apartment in Encanto?

The cheapest apartment in Encanto is The Venue on Camelback Apartments which is listed at $838, while the average apartment in Encanto costs $2,471.

What types of apartments are the cheapest in Encanto?

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 30 regular apartments in Encanto 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 Encanto?

Cheap apartments in Encanto have an average cost of $204 which is $2,267 cheaper than the average rent for all rentals in Encanto.

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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