Cheap Apartments for Rent in the Grayhawk Village Neighborhood of Phoenix, AZ from $1,000 (38 Rentals)

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

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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Camden North End
Studio to 3 Bedroom Apartments

Camden North End

6800 E Mayo BlvdPhoenix, AZ 85054
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Mission Springs
1 to 2 Bedroom Apartments

Mission Springs

16818 N 56th StScottsdale, AZ 85254
  • Utilities Included
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Desert Horizon
1 to 3 Bedroom Apartments

Desert Horizon

16636 N 58th StScottsdale, 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

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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San Artes
1 to 3 Bedroom Apartments

San Artes

17900 N Hayden RdScottsdale, AZ 85255
Showing Results 1-38, Page 1 of 1

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 Desert Horizon priced from $1,275. Ninety Degrees has the second lowest priced unit, which is a Studio apartment currently listed from $1,360. Here are the most affordable Grayhawk Village apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Desert HorizonA1 Sunbeam1BR,1BA$1,275
Ninety DegreesE1Studio,1BA$1,360
Ascent North ScottsdaleThe McCormick1BR,1BA$1,400
Bellagio Apartments1 Bedroom-Silver1BR,1BA$1,444
GlenEaglesThe Shetland1BR,1BA$1,480
Catherine TownhomesValencia1BR,1BA$1,508
One North Scottsdale ApartmentsSparrow1BR,1BA$1,510
Desert ClubA1R1BR,1BA$1,545
Desert Parks VistaA2 Premier1BR,1BA$1,556
56 NorthOpen 1 Bedroom, 1 Bath1BR,1BA$1,574

Best Value Apartments for Rent in Grayhawk Village, AZ

As of December 08, 2025 the best value apartment in the Grayhawk Village area is the $1.67 price per square foot Mesquite Model at Hideaway North Scottsdale in the in the Sonoran Regional Core neighborhood starting from $2,274. The second greatest value Grayhawk Village apartment is the TH2 Premier Model at Desert Parks Vista starting at $2,520 with a $1.96 price per square foot in the McDowell Mountain Ranch 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.
Hideaway North ScottsdaleMesquite2BR,2BA$1.67
Desert Parks VistaTH2 Premier2BR,2BA$1.96
MontreuxC12BR,2BA$2.12
EDGE at GrayhawkTalon1BR,1BA$2.13
IMT Desert RidgeA21BR,1BA$2.11
GlenEaglesThe Shetland1BR,1BA$1.95
Bellagio Apartments1 Bedroom-Gold1BR,1BA$1.96
Desert HorizonA2 Dayspring Remodel1BR,1BA$1.96
Ascent North ScottsdaleThe McCormick1BR,1BA$1.94
Catherine TownhomesValencia1BR,1BA$2.10

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Pet Friendly Lifestyle
Grayhawk Village, Phoenix, AZ

Ranked #60

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,574.

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

The cheapest apartment in Grayhawk Village is Desert Horizon which is listed at $1,275, while the average apartment in Grayhawk Village costs $21,378.

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 6 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 $119 which is $21,259 cheaper than the average rent for all rentals in Grayhawk Village.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!