Cheap Apartments for Rent in the Grayhawk Village Neighborhood of Phoenix, AZ from $1,000 (35 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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Montreux
Rent Specials
$1,375 - $7,881
Total Monthly Price

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Base Rent
$1,174 - $7,680
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1 to 3 Bedroom Apartments Available Now

Montreux

5550 E Deer Valley DrPhoenix, AZ 85054
Affordability
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Sunela
Rent Specials
$1,744 - $4,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,619 - $3,940
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Studio to 2 Bedroom Apartments Available Now

Sunela

20600 N 55th StPhoenix, AZ 85054
Family Friendly
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Maxwell on 66th
Rent Specials
$1,797 - $3,334
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$1,763 - $3,300
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1 to 3 Bedroom Apartments Available Now

Maxwell on 66th

6611 E Mayo BlvdPhoenix, AZ 85054
Luxury
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Azur
Rent Specials
$1,844 - $3,429
Total Monthly Price

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Base Rent
$1,702 - $3,287
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1 to 2 Bedroom Apartments Available Now

Azur

20700 N 55th StPhoenix, AZ 85054
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Slate Scottsdale
Rent Specials
$1,901 - $5,231
Total Monthly Price

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Base Rent
$1,744 - $5,074
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1 to 3 Bedroom Apartments Available Now

Slate Scottsdale

18220 N 68th StPhoenix, AZ 85054
Pet Friendly
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Camden North End
Studio to 3 Bedroom Apartments

Camden North End

6800 E Mayo BlvdPhoenix, AZ 85054
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Ninety Degrees
Rent Specials
$1,410 - $2,255
Total Monthly Price

Total Monthly Price

Base Rent
$1,261 - $2,106
Required Monthly Fees
$149

Total Monthly Price
$1,410 - $2,255
Studio to 2 Bedroom Apartments Available Now

Ninety Degrees

18440 N 68th StScottsdale, AZ 85054
Eco-Friendly
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Catherine Townhomes
Rent Specials
$1,484 - $4,879
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Total Monthly Price

Base Rent
$1,451 - $4,846
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1 to 3 Bedroom Apartments Available Now

Catherine Townhomes

17212 N Scottsdale RdScottsdale, AZ 85255
Corporate Housing
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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.

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Avion on Legacy
Rent Specials
$1,635 - $3,120
Total Monthly Price

Total Monthly Price

Base Rent
$1,578 - $3,063
Required Monthly Fees
$57

Total Monthly Price
$1,635 - $3,120
1 to 3 Bedroom Apartments Available Now

Avion on Legacy

7340 E Legacy BlvdScottsdale, AZ 85255
Student Housing
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The Beverly
Rent Specials
$1,739 - $6,531
Total Monthly Price

Total Monthly Price

Base Rent
$1,625 - $6,417
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Studio to 3 Bedroom Apartments Available Now

The Beverly

7395 E Legacy BlvdScottsdale, AZ 85255
Student Housing
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GlenEagles
$1,835 - $2,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,817 - $2,732
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1 to 3 Bedroom Apartments Available Now

GlenEagles

8275 E Bell RdScottsdale, AZ 85260
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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.

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The Quincy at Kierland
Rent Specials
$1,892 - $5,485
Total Monthly Price

Total Monthly Price

Base Rent
$1,753 - $5,346
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1 to 2 Bedroom Apartments Available Now

The Quincy at Kierland

15826 N Scottsdale RdScottsdale, AZ 85254
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property at 20100 N 78th Pl

$1,695 - $4,200

1 To 3 Bedroom Rentals

Available Now

20100 N 78th Pl

ScottsdaleAZ85255
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Desert Horizon
1 to 3 Bedroom Apartments

Desert Horizon

16636 N 58th StScottsdale, AZ 85254
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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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Desert Parks Vista
1 to 3 Bedroom Apartments

Desert Parks Vista

9393 E Palo Brea BndScottsdale, AZ 85255
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Camden Foothills
1 to 3 Bedroom Apartments

Camden Foothills

18245 N Pima RdScottsdale, AZ 85255

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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San Portales
1 to 3 Bedroom Apartments

San Portales

7215 E Silverstone DrScottsdale, AZ 85255
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San Artes
1 to 3 Bedroom Apartments

San Artes

17900 N Hayden RdScottsdale, AZ 85255

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 priced from $1,050. Desert Horizon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,170. Here are the most affordable Grayhawk Village apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Mission SpringsB1BR,1BA$1,050
Desert HorizonA2 Dayspring1BR,1BA$1,170
MontreuxPierre1BR,1BA$1,375
Bellagio Apartments1 Bedroom-Silver1BR,1BA$1,449
Catherine TownhomesValencia1BR,1BA$1,484
56 NorthOpen 1 Bedroom, 1 Bath1BR,1BA$1,534
Ninety DegreesE6Studio,1BA$1,580
Desert ClubA1R1BR,1BA$1,630
Avion on LegacyA21BR,1BA$1,635
IMT Desert RidgeA31BR,1BA$1,735

Best Value Apartments for Rent in Grayhawk Village, AZ

As of March 24, 2026 the best value apartment in the Grayhawk Village area is the $1.94 price per square foot Simone Model at Montreux in the in the North Scottsdale neighborhood starting from $2,950. The second greatest value Grayhawk Village apartment is the Sycamore - Deluxe Model at Hideaway North Scottsdale starting at $2,450 with a $2.06 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 ListingModel NameBed/BathPrice Per Sq.Ft.
MontreuxSimone3BR,2BA$1.94
Hideaway North ScottsdaleSycamore - Deluxe2BR,2BA$2.06
EDGE at GrayhawkFirenze2BR,2BA$1.99
Catherine TownhomesNapoli2BR,2BA$2.12
GlenEaglesThe Lomond1BR,1.5BA$2.09
Desert Parks VistaA2 Premier1BR,1BA$2.04
IMT Desert RidgeA31BR,1BA$2.20
Bellagio Apartments1 Bedroom-Gold1BR,1BA$1.97
Mission SpringsA1BR,1BA$1.58
Desert HorizonA2 Dayspring Remodel1BR,1BA$1.82

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Expert'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

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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 $1,735.

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

The cheapest apartment in Grayhawk Village is Mission Springs which is listed at $1,050, while the average apartment in Grayhawk Village costs $22,515.

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 90 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 $332 which is $22,183 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

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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).

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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.

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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.

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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

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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.