
Cheap Apartments for Rent in the Grayhawk Village Neighborhood of Phoenix, AZ from $1,100 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grayhawk Village area of Phoenix.


Total Monthly Price
Ascent North Scottsdale

Desert Club

56 North

Total Monthly Price
Slate Scottsdale

Total Monthly Price
Sunela

Total Monthly Price
Montreux

Total Monthly Price
Maxwell on 66th

Total Monthly Price
Azur

21320 N 56th St, Unit 2021
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.

5350 E Deer Valley Dr

Total Monthly Price
The Residences on High Street

5450 E Deer Valley Dr, Unit 4199

Azola Desert Ridge

Mezzo Desert Ridge

Camden North End

6900 E Princess Dr

Ninety Degrees

Desert Horizon

Total Monthly Price
Catherine Townhomes
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.

Avion on Legacy

Mission Springs Apartment

Total Monthly Price
GlenEagles

16818 N 56th St

One North Scottsdale Apartments

The View at Cascade

9393 E Palo Brea Bend

EDGE at Grayhawk

Residences Kierland

20100 N 78th Pl, Unit Apt 3088
Your Essential Local Experts Phoenix Relocation Guide: Housing, Utilities, and Local Tips
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.

Total Monthly Price
Overture Kierland 55+ Active Adult Apartment Homes

Hideaway North Scottsdale

Total Monthly Price
The Beverly

20121 N 76th St

Modera Scottsdale

7500 E Deer Valley Rd, Unit 193

16801 N 94th St

4150 E Cactus Rd

Modera Reserve

20801 N 90th Pl
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

Bellagio

San Portales

San Bellara

The Halsten at Chauncey Lane

San Milan

Camden Foothills

Desert Parks Vista

San Artes

7650 E Williams Dr

6830 E Paradise Ln
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,553 | $1,190 | $2,061 |
| Grayhawk Village 1 Bedroom Apartments | $2,236 | $1,270 | $10,000+ |
| Grayhawk Village 2 Bedroom Apartments | $2,759 | $1,420 | $10,000+ |
| Grayhawk Village 3 Bedroom Apartments | $4,232 | $1,810 | $10,000+ |
| Grayhawk Village 4 Bedroom Apartments | $8,150 | $5,550 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 3 mile radius of the Grayhawk Village Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
Grayhawk Village, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Grayhawk Village Apartments for Rent
 The cheapest available apartment rental in the Grayhawk Village area of Phoenix, AZ is a Studio unit found at Ninety Degrees priced from $1,190. Desert Horizon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,335. Here are the most affordable Grayhawk Village apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ninety Degrees | E1 | Studio,1BA | $1,190 |
| Desert Horizon | A1 Sunbeam | 1BR,1BA | $1,335 |
| Avion on Legacy | A1 | 1BR,1BA | $1,480 |
| Mission Springs Apartment | 2BR/2.0BA | 2BR,2BA | $1,495 |
| Ascent North Scottsdale | The Bell | 2BR,2BA | $1,505 |
| Desert Club | A1R | 1BR,1BA | $1,525 |
| GlenEagles | The Shetland | 1BR,1BA | $1,532 |
| 56 North | A2 - One Bedroom, One Bath | 1BR,1BA | $1,560 |
| One North Scottsdale Apartments | Heron | 1BR,1BA | $1,575 |
| The View at Cascade | A3b, A3c and A3e | 1BR,1BA | $1,620 |
Best Value Apartments for Rent in Grayhawk Village, AZ
As of August 08, 2026 the best value apartment in the Grayhawk Village area is the $1.96 price per square foot Palermo Model at Catherine Townhomes in the in the Sonoran Regional Core neighborhood starting from $2,627. The second greatest value Grayhawk Village apartment is the 2BR/2.0BA Model at Mission Springs Apartment starting at $1,495 with a $1.25 price per square foot in the North Phoenix 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. |
|---|---|---|---|
| Catherine Townhomes | Palermo | 3BR,3BA | $1.96 |
| Mission Springs Apartment | 2BR/2.0BA | 2BR,2BA | $1.25 |
| Hideaway North Scottsdale | Sycamore - Deluxe | 2BR,2BA | $1.95 |
| San Milan | 2 BED/2 BATH (239-2a) | 2BR,2BA | $1.99 |
| EDGE at Grayhawk | Tesero | 1BR,1.5BA | $1.83 |
| Bellagio | B3 | 2BR,2BA | $1.76 |
| Ascent North Scottsdale | The Shea | 2BR,2BA | $1.81 |
| Avion on Legacy | A2 | 1BR,1BA | $2.00 |
| GlenEagles | The Shetland | 1BR,1BA | $2.03 |
| Desert Horizon | A2 Dayspring Remodel | 1BR,1BA | $1.92 |
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.
Read ArticleDon'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.
Read ArticleQuick 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.
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 $1,620.
What is the price of a cheap apartment in Grayhawk Village?
The cheapest apartment in Grayhawk Village is Ninety Degrees which is listed at $1,335, while the average apartment in Grayhawk Village costs $2,212.
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 58 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 $256 which is $1,956 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.
Helpful Local Expert Guides

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Written by: Andrew Jollett
I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips
Written by: Andrew Jollett
Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

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.

A Phoenix Expert's 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.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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
Written by: Robin Stewart
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.