Cheap Homes for Rent in Fairwood Neighborhood of Phoenix, AZ from $600 (9 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 1 Bed 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 Lake1x1d1BR,1BA$699
North Mountain VillageStudioStudio,1BA$794
The Union on 28thStudioStudio,1BA$795

Best Value Apartments for Rent in Fairwood, AZ

As of July 23, 2025 the best value apartment in the Fairwood area is the $1.69 price per square foot C1 Model at Luna Villa in the in the North Phoenix neighborhood starting from $1,647. The second greatest value Fairwood apartment is the Two Bedroom One Bath Model at Spring Meadow Apartments starting at $1,308 with a $1.68 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.
Luna VillaC13BR,2BA$1.69
Spring Meadow ApartmentsTwo Bedroom One Bath2BR,1BA$1.68
Indigo CreekSanctuary1BR,1BA$1.61
Sweetwater At Metro NorthA21BR,1BA$1.70
MotifA2 Premium1BR,1BA$1.64
Tela Verde Apartment HomesOne Bedroom One Bath1BR,1BA$1.59
Ardella on 28th1 Bed 1 Bath1BR,1BA$1.64
Club Valencia Luxury ApartmentsA31BR,1BA$1.59
Villa ToscanaStudioStudio ,1BA$1.60
Portola North PhoenixWillowStudio ,1BA$1.72

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Frequently Asked Questions about Fairwood

What type of rentals are currently available in Fairwood?

There are currently 72 Apartments for Rent in Fairwood, AZ with pricing that ranges from $699 to $3,517. There are also 124 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairwood ranging from $650 to $3,900.

What is the current price range for Rental Homes in Fairwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairwood ranges from $650 to $3,900 with an average monthly rent of $2,138.

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.