5450 E Deer Valley Dr
PhoenixAZ85054
Cheap Apartments for Rent in the Grayhawk Village Neighborhood of Phoenix, AZ from $1,000 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grayhawk Village area of Phoenix.
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$1,320 - $2,410
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,320 - $2,410
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$1,320 - $2,410
IMT Desert Ridge
21155 N 56th StPhoenix, AZ 85054
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$1,475 - $3,9301 to 3 Bedroom Apartments Available Now
Desert Club
6901 E Chauncey LnPhoenix, AZ 85054
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$1,479 - $2,1631 to 3 Bedroom Apartments Available Now
Ascent North Scottsdale
17950 N 68th StPhoenix, AZ 85054
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$1,509 - $3,9131 to 2 Bedroom Apartments Available Now
56 North
21021 N 56th StPhoenix, AZ 85054
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$1,687 - $6,531
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,687 - $6,531
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Slate Scottsdale
18220 N 68th StPhoenix, AZ 85054
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$1,744 - $4,065
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,744 - $4,065
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Sunela
20600 N 55th StPhoenix, AZ 85054
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$1,797 - $3,407
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,797 - $3,407
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Maxwell on 66th
6611 E Mayo BlvdPhoenix, AZ 85054
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$1,825 - $5,8451 to 3 Bedroom Apartments Available Now
Montreux
5550 E Deer Valley DrPhoenix, AZ 85054
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$1,844 - $3,379
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,844 - $3,379
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Azur
20700 N 55th StPhoenix, AZ 85054
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.
6900 E Princess Dr, Unit 2212, Unit 2212
6900 E Princess Dr
PhoenixAZ85054
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$2,080 - $4,4501 to 3 Bedroom Apartments Available Now
The Residences on High Street
5315 E High StPhoenix, AZ 85054
5450 E Deer Valley Dr, Unit TOSCANA condominiums, Unit TOSCANA condominiums
5450 E Deer Valley Dr
PhoenixAZ85054
5350 E Deer Valley Dr
PhoenixAZ85054
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$2,7842 Bedroom Apartments Available Aug 15
5450 E Deer Valley Dr, Unit SI FL3-ID1302352P
5450 E Deer Valley DrPhoenix, AZ 85054
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1 to 3 Bedroom Apartments
Azola Desert Ridge
20400 N 56th StPhoenix, AZ 85054
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Studio to 3 Bedroom Apartments
Camden North End
6800 E Mayo BlvdPhoenix, AZ 85054
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$1,220 - $3,0951 to 3 Bedroom Apartments Available Now
Desert Horizon
16636 N 58th StScottsdale, AZ 85254
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$1,345 - $1,6951 to 2 Bedroom Apartments Available Now
Mission Springs Apartment
16818 N 56th StScottsdale, AZ 85254
5704 E Aire Libre Ave
ScottsdaleAZ85254
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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Rent Specials
$1,410 - $2,255Studio to 2 Bedroom Apartments Available Now
Ninety Degrees
18440 N 68th StScottsdale, AZ 85054
16818 N 56th St
ScottsdaleAZ85254
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$1,551 - $5,323
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,551 - $5,323
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Catherine Townhomes
17212 N Scottsdale RdScottsdale, AZ 85255
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$1,560 - $2,815
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$1,560 - $2,815
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GlenEagles
8275 E Bell RdScottsdale, AZ 85260
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$1,575 - $2,5101 to 3 Bedroom Apartments Available Now
One North Scottsdale Apartments
7355 E Thompson Peak PkyScottsdale, AZ 85255
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$1,585 - $2,8801 to 3 Bedroom Apartments Available Now
Avion on Legacy
7340 E Legacy BlvdScottsdale, AZ 85255
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$1,641 - $23,869
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,641 - $23,869
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Overture Kierland 55+ Active Adult Apartment Homes
7170 E Tierra Buena LnScottsdale, AZ 85254
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$1,660 - $4,4751 to 2 Bedroom Apartments Available Now
The View at Cascade
18525 N Scottsdale RdScottsdale, AZ 85255
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$1,675 - $2,7501 to 3 Bedroom Apartments Available May 21
EDGE at Grayhawk
20100 N 78th PlScottsdale, AZ 85255
9393 E Palo Brea Bend
ScottsdaleAZ85255
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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Rent Specials
$1,892 - $4,4821 to 2 Bedroom Apartments Available Now
The Quincy at Kierland
15826 N Scottsdale RdScottsdale, AZ 85254
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$2,053 - $6,531
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$2,053 - $6,531
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The Beverly
7395 E Legacy BlvdScottsdale, AZ 85255
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$2,205 - $6,3061 to 3 Bedroom Apartments Available Now
Hideaway North Scottsdale
7900 E Princess DrScottsdale, AZ 85255
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$2,3003 Bedroom Apartments Available Now
7500 E Deer Valley Rd, Unit 193
7500 E Deer Valley RdScottsdale, AZ 85255
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$2,321 - $5,4061 to 3 Bedroom Apartments Available Now
Modera Scottsdale
7171 E Paradise LnScottsdale, AZ 85254
16801 N 94th St
ScottsdaleAZ85260
5624 E Kelton Ln, Unit Room 4 in 4B3B (Private Bathroom)
5624 E Kelton Ln
ScottsdaleAZ85254
8880 E Paraiso Dr, Unit 221, Unit 221
8880 E Paraiso Dr
ScottsdaleAZ85255
19475 N Grayhawk Dr
ScottsdaleAZ85255
4150 E Cactus Rd
ScottsdaleAZ85258
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.
19777 N 76th St, Unit 1349, Unit 1349
19777 N 76th St
ScottsdaleAZ85255
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$2,521 - $13,8141 to 3 Bedroom Apartments Available Now
Modera Reserve
7171 E Paradise LnScottsdale, AZ 85254
7500 E Deer Valley Rd
ScottsdaleAZ85255
20121 N 76th St
ScottsdaleAZ85255
7500 E Deer Valley Rd
ScottsdaleAZ85255
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1 to 3 Bedroom Apartments
Bellagio Apartments
5635 E Bell RdScottsdale, AZ 85254
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1 to 2 Bedroom Apartments
The Halsten at Chauncey Lane
17777 N Scottsdale RdScottsdale, AZ 85255
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1 to 3 Bedroom Apartments
San Milan
6975 E Princess DrScottsdale, AZ 85054
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1 to 3 Bedroom Apartments
Desert Parks Vista
9393 E Palo Brea BndScottsdale, AZ 85255
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1 to 3 Bedroom Apartments
Camden Foothills
18245 N Pima RdScottsdale, AZ 85255
From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.
Grayhawk Village, Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Grayhawk Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayhawk Village Studio Apartments | $1,739 | $1,450 | $2,055 |
| Grayhawk Village 1 Bedroom Apartments | $2,163 | $1,099 | $10,000+ |
| Grayhawk Village 2 Bedroom Apartments | $2,761 | $1,400 | $10,000+ |
| Grayhawk Village 3 Bedroom Apartments | $4,254 | $1,785 | $10,000+ |
| Grayhawk Village 4 Bedroom Apartments | $6,884 | $6,884 | $6,884 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 3 mile radius of the Grayhawk Village Neighborhood of Phoenix, AZ.
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Grayhawk Village, Phoenix, AZ Local Guide
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Cheapest Available Grayhawk Village Apartments for Rent
The cheapest available apartment rental in the Grayhawk Village area of Phoenix, AZ is a 1 Bed unit found at Desert Horizon priced from $1,225. Mission Springs Apartment has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,345. Here are the most affordable Grayhawk Village apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Desert Horizon | A2 Dayspring | 1BR,1BA | $1,225 |
| Mission Springs Apartment | 1BR/1.0BA | 1BR,1BA | $1,345 |
| Bellagio Apartments | 1 Bedroom-Silver | 1BR,1BA | $1,449 |
| Ninety Degrees | E1 | Studio,1BA | $1,450 |
| Desert Club | A1R | 1BR,1BA | $1,475 |
| Ascent North Scottsdale | The Scott | 1BR,1BA | $1,479 |
| Azola Desert Ridge | 1 Bed / 1 Bath | 1BR,1BA | $1,500 |
| 56 North | Open 1 Bedroom, 1 Bath | 1BR,1BA | $1,509 |
| Catherine Townhomes | Valencia | 1BR,1BA | $1,551 |
| GlenEagles | The Shetland | 1BR,1BA | $1,560 |
Best Value Apartments for Rent in Grayhawk Village, AZ
As of May 08, 2026 the best value apartment in the Grayhawk Village area is the $2.09 price per square foot Juniper - Deluxe Model at Hideaway North Scottsdale in the in the Sonoran Regional Core neighborhood starting from $2,457. The second greatest value Grayhawk Village apartment is the B1 Model at Avion on Legacy starting at $1,765 with a $1.74 price per square foot in the Sonoran Regional Core neighborhood. Here is today’s list of the best values for Grayhawk Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hideaway North Scottsdale | Juniper - Deluxe | 2BR,2BA | $2.09 |
| Avion on Legacy | B1 | 2BR,2BA | $1.74 |
| Azola Desert Ridge | 1 Bed / 1 Bath | 1BR,1BA | $2.01 |
| Montreux | Jolie | 1BR,1BA | $2.06 |
| Desert Parks Vista | A2 Premier | 1BR,1BA | $2.07 |
| IMT Desert Ridge | A4 | 1BR,1BA | $1.93 |
| Mission Springs Apartment | 1BR/1.0BA | 1BR,1BA | $1.64 |
| GlenEagles | The Shetland | 1BR,1BA | $2.07 |
| Bellagio Apartments | 1 Bedroom-Gold | 1BR,1BA | $2.00 |
| Desert Horizon | A1 Sunbeam Remodel | 1BR,1BA | $2.02 |
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.
Read ArticleExpert'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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States including Grayhawk Village, Phoenix, and the greater Phoenix area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Grayhawk Village Apartments
What is a cheap apartment in Grayhawk Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grayhawk Village is under $1,560.
What is the price of a cheap apartment in Grayhawk Village?
The cheapest apartment in Grayhawk Village is Desert Horizon which is listed at $1,225, while the average apartment in Grayhawk Village costs $9,583.
What types of apartments are the cheapest in Grayhawk Village?
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 80 regular apartments in Grayhawk Village 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 Grayhawk Village?
Cheap apartments in Grayhawk Village have an average cost of $299 which is $9,284 cheaper than the average rent for all rentals in Grayhawk Village.
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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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
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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.
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