
Cheap Apartments for Rent in the Grand Neighborhood of Phoenix, AZ from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grand area of Phoenix.


1229 W Pierce St

1145-1147 W Fillmore St

209 N 16th Ave

TerraceVue

1507 N 15th Ave

1509 N 15th Ave
Rent According to Income: A Look at Income-Restricted Rentals
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1819 W Willetta St

1522 W Polk St

1626 W Taylor St

1309 W Taylor St

712 W Taylor St

ReNue Downtown Apartments

327 N 16th Ave, Unit Apt A
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
1119 W Fillmore St

1505 W McKinley St

317 N 17th Dr, Unit 6

Total Monthly Price
601 Pax

326 N 17th Dr

Woodland West

1609 W Latham St
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.

212 N 21st Ave

The Michelle on Roosevelt

1513 W Taylor St

McDowell Apartments

The Roosevelt 7

325 N 17th Dr

719 N 12th Ave
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.

1325 W Woodland Ave

Containers on Grand
Grand, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Grand?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Studio Apartments | $1,041 | $749 | $1,550 |
| Grand 1 Bedroom Apartments | $1,264 | $699 | $1,954 |
| Grand 2 Bedroom Apartments | $1,676 | $1,195 | $2,194 |
| Grand 3 Bedroom Apartments | $1,890 | $1,863 | $1,918 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Grand Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
Cheapest Available Grand Apartments for Rent
 The cheapest available apartment rental in the Grand area of Phoenix, AZ is a 1 Bed unit found at 1609 W Latham St priced from $750. TerraceVue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Grand apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1609 W Latham St | 1 Beds, 1 Baths | 1BR,1BA | $750 |
| TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $895 |
| ReNue Downtown Apartments | A - The Arena - 60 | 1BR,1BA | $1,201 |
| 601 Pax | A1 | 1BR,1BA | $1,498 |
Best Value Apartments for Rent in Grand, AZ
As of July 19, 2026 the best value apartment in the Grand area is the $1.97 price per square foot 1119 W Fillmore St Model at 1119 W Fillmore St in the in the South Phoenix neighborhood starting from $1,380. The second greatest value Grand apartment is the A - The Arena Model at ReNue Downtown Apartments starting at $1,324 with a $1.91 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Grand apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1119 W Fillmore St | 1119 W Fillmore St | 2BR,1BA | $1.97 |
| ReNue Downtown Apartments | A - The Arena | 1BR,1BA | $1.91 |
| 601 Pax | A1 | 1BR,1BA | $2.18 |
| White Stone Studios | Studio | Studio ,1BA | $2.77 |
| 1609 W Latham St | 1 Beds, 1 Baths | 1BR,1BA | $1.25 |
| 327 N 16th Ave, Unit Apt A | 327 N 16th Ave | 1BR,1BA | $2.49 |
| TerraceVue | 3rd Floor 1 Bedroom | 1BR,1BA | $2.52 |
Frequently Asked Questions about Cheap Grand Apartments
What is the price of a cheap apartment in Grand?
The cheapest apartment in Grand is 1609 W Latham St which is listed at $750, while the average apartment in Grand costs $1,890.
What types of apartments are the cheapest in Grand?
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 16 regular apartments in Grand that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

A Local Expert's 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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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.

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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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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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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.