
Cheap Apartments for Rent in the Fairwood Neighborhood of Phoenix, AZ from $600 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairwood area of Phoenix.


Total Monthly Price
North Mountain Village

Ascent on Peoria

Total Monthly Price
Sierra Pines

Bridge Lane Apartment Homes

Acclaim

Motif

The Union on 28th

Villages at Metro Center
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Biltmore on the Lake

Silver Creek

Total Monthly Price
Luna Villa

Renaissance

Sweetwater At Metro North

3119 W Cochise Dr

3316 W Tangerine Ln

11666 N 28th Dr, Unit 221, Unit 221

Furnished Studio-Phoenix - North
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Lucero

10828 N Biltmore Dr

11666 N 28th Dr

The Reserve at Thunderbird

Ardella on 28th

Portola North Phoenix

Rise Lakeside

Rise Thunderbird

3131 W Cochise Dr
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Laurel Lane

Rowan

Parkwood

Thunderbird Terrace

4112 W Hearn Rd

Spring Meadow Apartments

Aspire Thunderbird

Paseo 51

Paseo Park
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Glenridge

Total Monthly Price
Verve

8888 N 47th Ave, Unit 119

Tela Verde Apartment Homes

5236 W Peoria Ave

Village at Olive Marketplace

5236 W Peoria Ave, Unit 121, Unit 121

Acoma Thunderbird Townhomes

8888 N 47th Ave
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Club Valencia Luxury Apartments

11640 N 51st Ave

Lifestream at Glendale
Fairwood, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Fairwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairwood Studio Apartments | $1,008 | $697 | $1,409 |
| Fairwood 1 Bedroom Apartments | $1,154 | $806 | $1,795 |
| Fairwood 2 Bedroom Apartments | $1,410 | $1,013 | $2,199 |
| Fairwood 3 Bedroom Apartments | $1,853 | $1,549 | $2,700 |
| Fairwood 4 Bedroom Apartments | $2,195 | $2,195 | $2,195 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Fairwood Neighborhood of Phoenix, AZ.
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Fairwood, Phoenix, AZ Local Guide
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Cheapest Available Fairwood Apartments for Rent
 The cheapest available apartment rental in the Fairwood area of Phoenix, AZ is a Studio unit found at Villa Toscana priced from $697. Ardella on 28th has the second lowest priced unit, which is a Studio apartment currently listed from $748. Here are the most affordable Fairwood apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Toscana | Studio | Studio,1BA | $697 |
| Ardella on 28th | Studio | Studio,1BA | $748 |
| North Mountain Village | Studio | Studio,1BA | $794 |
| Ascent on Peoria | 1 Bed 1 Bath A | 1BR,1BA | $806 |
| Sierra Pines | Elevation | Studio,1BA | $817 |
| Rise Lakeside | A3 Classic | 1BR,1BA | $875 |
| Motif | A1 Premium | 1BR,1BA | $885 |
| Acclaim | S1 | Studio,1BA | $885 |
| Spring Meadow Apartments | One Bedroom Small | 1BR,1BA | $888 |
| Portola North Phoenix | Palm | 1BR,1BA | $899 |
Best Value Apartments for Rent in Fairwood, AZ
As of April 29, 2026 the best value apartment in the Fairwood area is the $1.50 price per square foot C Premium Model at Motif in the in the North Phoenix neighborhood starting from $1,815. The second greatest value Fairwood apartment is the 2 Story Townhouse Model at Acoma Thunderbird Townhomes starting at $1,600 with a $1.47 price per square foot in the Deer Valley neighborhood. Here is today’s list of the best values for Fairwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Motif | C Premium | 3BR,2BA | $1.50 |
| Acoma Thunderbird Townhomes | 2 Story Townhouse | 2BR,2.5BA | $1.47 |
| Luna Villa | C1 | 3BR,2BA | $1.59 |
| Tela Verde Apartment Homes | Two Bedroom Two Bath | 2BR,2BA | $1.47 |
| Ascent on Peoria | 2 Bed 1 Bath | 2BR,1BA | $1.55 |
| Bridge Lane Apartment Homes | 2 x 1 | 2BR,1BA | $1.38 |
| Rowan | A1 | 1BR,1BA | $1.39 |
| Renaissance | Empress | 1BR,1BA | $1.59 |
| Portola North Phoenix | Palm | 1BR,1BA | $1.44 |
| Villa Toscana | Studio | Studio ,1BA | $1.36 |
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Read ArticleQuick 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.
Best Local Schools in Fairwood, Phoenix, AZ
Tumbleweed Elementary School
Moon Valley High School
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Fairwood, Phoenix, and the greater Phoenix area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, family-friendliness, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Fairwood Apartments
What is a cheap apartment in Fairwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairwood is under $899.
What is the price of a cheap apartment in Fairwood?
The cheapest apartment in Fairwood is Ascent on Peoria which is listed at $806, while the average apartment in Fairwood costs $2,195.
What types of apartments are the cheapest in Fairwood?
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 147 regular apartments in Fairwood 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 Fairwood?
Cheap apartments in Fairwood have an average cost of $513 which is $1,682 cheaper than the average rent for all rentals in Fairwood.
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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