
Cheap Apartments for Rent in the Grand Neighborhood of Phoenix, AZ from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grand area of Phoenix.


1233 W Pierce St

209 N 16th Ave

1819 W Willetta St

1505 N 15th Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

TerraceVue

1626 W Taylor St

ReNue Downtown Apartments

1537 W Pierce St

845 N 9th Ave
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.

712 W Taylor St

Woodland West

The Michelle on Roosevelt

425 N 17th Dr

McDowell Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Roosevelt 7
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 | $964 | $649 | $1,231 |
| Grand 1 Bedroom Apartments | $1,348 | $900 | $1,774 |
| Grand 2 Bedroom Apartments | $1,765 | $1,199 | $2,600 |
| Grand 3 Bedroom Apartments | $1,701 | $1,701 | $1,701 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Grand Neighborhood of Phoenix, AZ.
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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 TerraceVue priced from $999. ReNue Downtown Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,131. Here are the most affordable Grand apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $999 |
| ReNue Downtown Apartments | S - The Museum | Studio,1BA | $1,131 |
| 601 Pax | A1 | 1BR,1BA | $1,471 |
Best Value Apartments for Rent in Grand, AZ
As of April 19, 2026 the best value apartment in the Grand area is the $1.70 price per square foot A - The Arena Model at ReNue Downtown Apartments in the in the South Phoenix neighborhood starting from $1,184. The second greatest value Grand apartment is the A1 Model at 601 Pax starting at $1,471 with a $2.14 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. |
|---|---|---|---|
| ReNue Downtown Apartments | A - The Arena | 1BR,1BA | $1.70 |
| 601 Pax | A1 | 1BR,1BA | $2.14 |
| White Stone Studios | Studio | Studio ,1BA | $2.77 |
| TerraceVue | 3rd Floor 1 Bedroom | 1BR,1BA | $2.63 |
Frequently Asked Questions about Cheap Grand Apartments
What is a cheap apartment in Grand?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grand is under $1,471.
What is the price of a cheap apartment in Grand?
The cheapest apartment in Grand is TerraceVue which is listed at $999, while the average apartment in Grand costs $1,701.
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 15 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 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).

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.

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.

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.