Cheap Apartments for Rent in the Fairwood Neighborhood of Phoenix, AZ from $600 (33 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Laurel Lane
Studio to 2 Bedroom Apartments

Laurel Lane

2820 W Laurel LnPhoenix, AZ 85029
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Ardella on 28th
Studio to 3 Bedroom Apartments

Ardella on 28th

12435 N 28th DrPhoenix, AZ 85029
Corporate Housing
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Villa Toscana
Studio to 2 Bedroom Apartments

Villa Toscana

10201 N 33rd AvePhoenix, AZ 85051
Corporate Housing
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Rise Lakeside
1 to 2 Bedroom Apartments

Rise Lakeside

11459 N 28th DrPhoenix, AZ 85029

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

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Rise Thunderbird
1 to 2 Bedroom Apartments

Rise Thunderbird

14020 N Black Canyon HwyPhoenix, AZ 85053
Corporate Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-33, Page 1 of 1

Fairwood, Phoenix, AZ Local Guide

Cheapest Available Fairwood Apartments for Rent

 

The cheapest available apartment rental in the Fairwood area of Phoenix, AZ is a Studio unit found at Biltmore on the Lake priced from $699. Portola North Phoenix has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Fairwood apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Biltmore on the LakeStudio (0x1)-no patioStudio,1BA$699
Portola North PhoenixWillowStudio,1BA$750
North Mountain VillageStudioStudio,1BA$794
Laurel LaneStudioStudio,1BA$799
Ardella on 28thStudioStudio,1BA$815
Sierra PinesElevationStudio,1BA$891
Club Valencia Luxury ApartmentsS3Studio,1BA$899
Madera at MetroStudioStudio,1BA$899
Villa ToscanaStudioStudio,1BA$899
Ascent on Peoria1 Bed 1 Bath A1BR,1BA$900

Best Value Apartments for Rent in Fairwood, AZ

As of December 26, 2025 the best value apartment in the Fairwood area is the $1.56 price per square foot 2 Story Townhouse Model at Acoma Thunderbird Townhomes in the in the Deer Valley neighborhood starting from $1,700. The second greatest value Fairwood apartment is the 2 BR, 1 BA - 819 SF Model at Glenridge starting at $1,299 with a $1.59 price per square foot in the North Phoenix neighborhood. Here is today’s list of the best values for Fairwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Acoma Thunderbird Townhomes2 Story Townhouse2BR,2.5BA$1.56
Glenridge2 BR, 1 BA - 819 SF2BR,1BA$1.59
Luna VillaB12BR,1BA$1.24
Bridge Lane Apartment Homes2 x 12BR,1BA$1.51
RowanA11BR,1BA$1.74
RenaissanceEmpress1BR,1BA$1.54
Tela Verde Apartment HomesOne Bedroom One Bath1BR,1BA$1.74
MotifA1 Premium1BR,1BA$1.57
Villa ToscanaStudioStudio ,1BA$1.75
Portola North PhoenixOakStudio ,1BA$1.74

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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
Fairwood, Phoenix, AZ

Ranked #68

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Fairwood, Phoenix, AZ

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 $900.

What is the price of a cheap apartment in Fairwood?

The cheapest apartment in Fairwood is Portola North Phoenix which is listed at $799, while the average apartment in Fairwood costs $1,830.

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 149 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 $583 which is $1,247 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.

Helpful Local Expert Guides

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

Written by: Andrew Jollett

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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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Written by: Andrew Jollett

Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!