Cheap Apartments for Rent in the Fairwood Neighborhood of Phoenix, AZ from $600 (55 Rentals)

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

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North Mountain Village
Rent Specials
$794 - $1,565
Total Monthly Price

Total Monthly Price

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$794 - $1,565

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Studio to 2 Bedroom Apartments Available Now

North Mountain Village

3333 W Thunderbird RdPhoenix, AZ 85053
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Ascent on Peoria
Rent Specials
$811 - $1,330
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Total Monthly Price

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$811 - $1,330

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1 to 2 Bedroom Apartments Available Now

Ascent on Peoria

4040 W Peoria AvePhoenix, AZ 85029
Student Housing
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Sierra Pines
Rent Specials
$926 - $2,034
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$926 - $2,034

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Studio to 2 Bedroom Apartments Available Now

Sierra Pines

9410 N 31st AvePhoenix, AZ 85051
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Luna Villa
Rent Specials
$1,029 - $1,881
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$1,029 - $1,881

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2 to 3 Bedroom Apartments Available Now

Luna Villa

3333 W Dunlap AvePhoenix, AZ 85051
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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 11666 N 28th Dr

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299

2 Bedroom, 1 Bath Condo for Rent

Available Now

11666 N 28th Dr, Unit 221

11666 N 28th Dr
PhoenixAZ85029
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Lucero Apartments
Rent Specials
$1,455 - $2,119
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $2,119

Total Monthly Price
$1,455 - $2,119
1 to 2 Bedroom Apartments Available Now

Lucero Apartments

9275 N 29th AvePhoenix, AZ 85051
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property at 11666 N 28th Dr

$1,195 - $1,525

2 Bedroom Rentals

Available Now

11666 N 28th Dr

PhoenixAZ85029
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Rise Lakeside
1 to 2 Bedroom Apartments

Rise Lakeside

11459 N 28th DrPhoenix, 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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Rise Thunderbird
1 to 2 Bedroom Apartments

Rise Thunderbird

14020 N Black Canyon HwyPhoenix, AZ 85053
Corporate Housing
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Rowan
1 to 2 Bedroom Apartments

Rowan

4221 W Dunlap AvePhoenix, AZ 85051
property at 11666 N 28th Dr

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Condo for Rent

Available Now

11666 N 28th Dr, Unit 391

11666 N 28th Dr
PhoenixAZ85029
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Laurel Lane
Studio to 2 Bedroom Apartments

Laurel Lane

2820 W Laurel LnPhoenix, AZ 85029
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Renaissance
1 to 2 Bedroom Apartments

Renaissance

13421 N 43rd AvePhoenix, AZ 85029
Student Housing
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Parkwood
1 to 2 Bedroom Apartments

Parkwood

3754 W Dunlap AvePhoenix, AZ 85051
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Thunderbird Terrace
1 to 2 Bedroom Apartments

Thunderbird Terrace

2740 W Country Gables DrPhoenix, AZ 85053
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11666 N 28th Dr
2 Bedroom Apartments

11666 N 28th Dr

11666 N 28th DrPhoenix, AZ 85029

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Paseo 51
Rent Specials
$1,012 - $1,743
Total Monthly Price

Total Monthly Price

Base Rent
$1,012 - $1,743

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1 to 2 Bedroom Apartments Available Now

Paseo 51

5215 W Peoria AveGlendale, AZ 85302
Student Housing
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Verve
Rent Specials
$1,021 - $1,679
Total Monthly Price

Total Monthly Price

Base Rent
$1,021 - $1,679

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1 to 2 Bedroom Apartments Available Now

Verve

5020 W Peoria AveGlendale, AZ 85302
Student Housing
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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. North Mountain Village has the second lowest priced unit, which is a Studio apartment currently listed from $794. Here are the most affordable Fairwood apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Biltmore on the LakeStudio With PatioStudio,1BA$699
North Mountain VillageStudioStudio,1BA$794
Villa ToscanaStudioStudio,1BA$799
Ascent on Peoria1 Bed 1 Bath A1BR,1BA$811
Ardella on 28thRenovated StudioStudio,1BA$819
Spring Meadow ApartmentsOne Bedroom Large1BR,1BA$879
The Union on 28thStudioStudio,1BA$879
Portola North PhoenixPalm1BR,1BA$899
Paseo ParkA11BR,1BA$909
Rise ThunderbirdA2 Classic1BR,1BA$920

Best Value Apartments for Rent in Fairwood, AZ

As of July 29, 2026 the best value apartment in the Fairwood area is the $1.54 price per square foot Design 3A Model at Indigo Creek in the in the North Phoenix neighborhood starting from $1,779. The second greatest value Fairwood apartment is the 2 Story Townhouse Model at Acoma Thunderbird Townhomes starting at $1,650 with a $1.52 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Indigo CreekDesign 3A3BR,2BA$1.54
Acoma Thunderbird Townhomes2 Story Townhouse2BR,2.5BA$1.52
Phoenician PalmsDunlap Condo2BR,2BA$1.26
Luna VillaC13BR,2BA$1.36
Aspire Thunderbird2x2-AR22BR,2BA$1.44
Sweetwater At Metro NorthA21BR,1BA$1.45
Villages at Metro CenterA3: 1 Bed 1 Bath1BR,1BA$1.44
RowanA11BR,1BA$1.32
Portola North PhoenixPalm1BR,1BA$1.44
Rise LakesideA3 Platinum1BR,1BA$1.53

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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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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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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 $920.

What is the price of a cheap apartment in Fairwood?

The cheapest apartment in Fairwood is North Mountain Village which is listed at $799, while the average apartment in Fairwood costs $2,550.

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 32 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 $387 which is $2,163 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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