Cheap Apartments for Rent in the Grayhawk Village Neighborhood of Phoenix, AZ from $1,225 (50 Rentals)

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

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IMT Desert Ridge
Rent Specials
$1,320 - $2,140

Total Monthly Price

Base Rent$1,320 - $2,140

Total Monthly Price$1,320 - $2,140
1 to 2 Bedroom Apartments Available Oct 5

IMT Desert Ridge

21155 N 56th StPhoenix, AZ 85054
Luxury
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Slate Scottsdale
Rent Specials
$1,691 - $3,872

Total Monthly Price

Base Rent$1,691 - $3,872

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Slate Scottsdale

18220 N 68th StPhoenix, AZ 85054
Family Friendly
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Sunela
Rent Specials
$1,744 - $4,065

Total Monthly Price

Base Rent$1,744 - $4,065

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Sunela

20600 N 55th StPhoenix, AZ 85054
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Maxwell on 66th
Rent Specials
$1,815 - $3,225

Total Monthly Price

Base Rent$1,815 - $3,225

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Maxwell on 66th

6611 E Mayo BlvdPhoenix, AZ 85054
Luxury
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Montreux
Rent Specials
$1,826 - $7,126

Total Monthly Price

Base Rent$1,826 - $7,126

Total Monthly Price$1,826 - $7,126
1 to 3 Bedroom Apartments Available Now

Montreux

5550 E Deer Valley DrPhoenix, AZ 85054
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Azur
Rent Specials
$1,904 - $3,268

Total Monthly Price

Base Rent$1,904 - $3,268

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Azur

20700 N 55th StPhoenix, AZ 85054
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property at 6900 E Princess Dr
$1,350 - $2,200
1 To 3 Bedroom Rentals
Available Now
Furnished

6900 E Princess Dr

PhoenixAZ85054
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Camden North End
Studio to 3 Bedroom Apartments

Camden North End

6800 E Mayo BlvdPhoenix, AZ 85054
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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GlenEagles
$1,532 - $2,618

Total Monthly Price

Base Rent$1,532 - $2,618

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

GlenEagles

8275 E Bell RdScottsdale, AZ 85260
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Catherine Townhomes
Rent Specials
$1,562 - $4,763

Total Monthly Price

Base Rent$1,562 - $4,763

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Catherine Townhomes

17212 N Scottsdale RdScottsdale, AZ 85255
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property at 5640 E Bell Rd
$1,980 - $3,500
1 To 2 Bedroom Rentals
Available Now
Furnished

5640 E Bell Rd

ScottsdaleAZ85254
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The Beverly
Rent Specials
$2,094 - $5,061

Total Monthly Price

Base Rent$2,094 - $5,061

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

The Beverly

7395 E Legacy BlvdScottsdale, AZ 85255
Student Housing
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Your complete checklist for relocating to the Phoenix metro area. Easily navigate housing, set up electricity and gas with provider links, handle vehicle registration, and learn local regulations.

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Residences Kierland
Rent Specials
$2,315 - $5,215

Total Monthly Price

Base Rent$2,315 - $5,215

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Residences Kierland

15825 N 71st StScottsdale, AZ 85254
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Bellagio
1 to 3 Bedroom Apartments

Bellagio

5635 E Bell RdScottsdale, AZ 85254
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Desert Parks Vista
1 to 3 Bedroom Apartments

Desert Parks Vista

9393 E Palo Brea BndScottsdale, AZ 85255

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San Milan
1 to 3 Bedroom Apartments

San Milan

6975 E Princess DrScottsdale, AZ 85054
Senior Living
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Camden Foothills
1 to 3 Bedroom Apartments

Camden Foothills

18245 N Pima RdScottsdale, AZ 85255
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San Bellara
1 to 3 Bedroom Apartments

San Bellara

17800 N 78th StScottsdale, AZ 85255
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San Artes
1 to 3 Bedroom Apartments

San Artes

17900 N Hayden RdScottsdale, AZ 85255
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San Portales
1 to 3 Bedroom Apartments

San Portales

7215 E Silverstone DrScottsdale, AZ 85255

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Grayhawk Village, Phoenix, AZ Local Guide

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 Mission Springs Apartment priced from $1,295. Desert Horizon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,365. Here are the most affordable Grayhawk Village apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Mission Springs Apartment1BR/1.0BA1BR, 1BA$1,295
Desert HorizonA3 Azure1BR, 1BA$1,365
Desert ClubA1R1BR, 1BA$1,425
BellagioA21BR, 1BA$1,454
Ascent North ScottsdaleThe Bell2BR, 2BA$1,483
56 NorthA2 - One Bedroom, One Bath1BR, 1BA$1,500
GlenEaglesThe Shetland1BR, 1BA$1,532
Ninety DegreesB32BR, 2BA$1,545
One North Scottsdale ApartmentsPhoenix1BR, 1BA$1,555
Catherine TownhomesValencia1BR, 1BA$1,562

Best Value Apartments for Rent in Grayhawk Village, AZ

As of September 22, 2026 the best value apartment in the Grayhawk Village area is the $2.02 price per square foot B1 Model at The Residences on High Street in the North Phoenix neighborhood starting from $2,634. The second greatest value Grayhawk Village apartment is the Juniper - Deluxe Model at Hideaway North Scottsdale in the Sonoran Regional Core neighborhood starting at $2,279 with a $1.94 price per square foot. Here is today’s list of the best values for Grayhawk Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences on High StreetB12BR, 2BA$2.02
Hideaway North ScottsdaleJuniper - Deluxe2BR, 2BA$1.94
EDGE at GrayhawkTesero1BR, 1.5BA$1.78
Avion on LegacyB22BR, 2BA$1.94
Ascent North ScottsdaleThe Hayden2BR, 2BA$2.06
San Bellara1B1BR, 1BA$2.06
GlenEaglesThe Shetland1BR, 1BA$2.03
BellagioA21BR, 1BA$1.94
Mission Springs Apartment1BR/1.0BA1BR, 1BA$1.77
Desert HorizonA1 Sunbeam1BR, 1BA$1.99

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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Quick Rent Budget Calculator

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 $1,562.

What is the price of a cheap apartment in Grayhawk Village?

The cheapest apartment in Grayhawk Village is Mission Springs Apartment which is listed at $1,295, while the average apartment in Grayhawk Village costs $2,240.

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 57 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 $339 which is $1,901 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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