Cheap Apartments for Rent in the Encanto Neighborhood of Phoenix, AZ from $500 (128 Rentals)

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

property at 1645 E Thomas Rd

$830 - $941

Studio To 1 Bedroom Rentals

Available Now

1645 E Thomas Rd

PhoenixAZ85016

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Briella Phoenix
Rent Specials
$880 - $1,631
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$880 - $1,631
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Studio to 2 Bedroom Apartments Available Now

Briella Phoenix

1502 E Osborn RdPhoenix, AZ 85014
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Icon on Central
Rent Specials
$1,099 - $1,603
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Total Monthly Price

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$1,099 - $1,603
Total Monthly Price
$1,099 - $1,603
1 to 2 Bedroom Apartments Available Now

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77 W Coolidge StPhoenix, AZ 85013
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Haven at Midtown
Rent Specials
$1,300 - $2,699
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$1,300 - $2,699
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1 to 2 Bedroom Apartments Available Now

Haven at Midtown

222 W Clarendon AvePhoenix, AZ 85013
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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 1 Bed unit found at Phoenix Scholar House priced from $526. The Loreto Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Encanto apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Phoenix Scholar HousePhoenix Scholar House 1/1 588 SF1BR,1BA$526
The Loreto ApartmentsStudioStudio,1BA$699
The Venue on Camelback ApartmentsHoneyStudio,1BA$729
Rise MidtownA2 Gold1BR,1BA$740
Pierson Place ApartmentsStudioStudio,1BA$799
Camelback Cove ApartmentsStudioStudio,1BA$842
Melrose3130S1 RenovatedStudio,1BA$919
Urban Living with Local Flair at 502 West Highland Avenue, Phoenix, AZ 850131BR/1.0BA1BR,1BA$950
Aura at Midtown1x1 714sq Classic1BR,1BA$991
Osborn Place1 Bed - 1 Bath B1BR,1BA$999

Best Value Apartments for Rent in Encanto, AZ

As of April 16, 2026 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 2A Model at The Heritage Apartment Homes starting at $1,688 with a $1.64 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 Homes2A2BR,2BA$1.64
60 at Melrose2 bed 2 bath2BR,2BA$1.57
Aura at Midtown1x1 780sf Reno1BR,1BA$1.51
The HawthorneThe Monroe1BR,1BA$1.66
TamarackA11BR,1BA$1.44
Highland TerraceOne Bed/ One Bath1BR,1BA$1.53
Osborn Place1 Bed - 1 Bath B1BR,1BA$1.38
Ellis Midtown1x11BR,1BA$1.64
Mozaic at Steele ParkThe Willow1BR,1BA$1.64

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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

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Encanto, Phoenix, AZ

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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!

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 Phoenix Scholar House which is listed at $526, while the average apartment in Encanto costs $2,519.

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 122 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 $829 which is $1,690 cheaper than the average rent for all rentals in Encanto.

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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