Cheap Apartments for Rent in the Grayhawk Village Neighborhood of Phoenix, AZ from $1,200 (62 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 - $2,170
Total Monthly Price

Total Monthly Price

Base Rent
$1,320 - $2,170

Total Monthly Price
$1,320 - $2,170
1 to 2 Bedroom Apartments Available Jul 23

IMT Desert Ridge

21155 N 56th StPhoenix, AZ 85054
Luxury
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Slate Scottsdale
Rent Specials
$1,650 - $5,794
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Total Monthly Price

Base Rent
$1,650 - $5,794

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1 to 3 Bedroom Apartments Available Now

Slate Scottsdale

18220 N 68th StPhoenix, AZ 85054
Family Friendly
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Sunela
Rent Specials
$1,724 - $4,065
Total Monthly Price

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$1,724 - $4,065

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Varies
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
$1,733 - $3,597
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Total Monthly Price

Base Rent
$1,733 - $3,597

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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 - $3,364
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Total Monthly Price

Base Rent
$1,844 - $3,364

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Varies
1 to 2 Bedroom Apartments Available Now

Azur

20700 N 55th StPhoenix, AZ 85054
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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.

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Montreux
Rent Specials
$1,942 - $6,189
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$1,942 - $6,189

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1 to 3 Bedroom Apartments Available Now

Montreux

5550 E Deer Valley DrPhoenix, AZ 85054
Affordability
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Camden North End
Studio to 3 Bedroom Apartments

Camden North End

6800 E Mayo BlvdPhoenix, AZ 85054
  • Utilities Included
property at 23382 N 73rd Way

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

23382 N 73rd Way

ScottsdaleAZ85255

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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Catherine Townhomes
Rent Specials
$1,469 - $4,685
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Total Monthly Price

Base Rent
$1,469 - $4,685

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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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GlenEagles
$1,548 - $2,683
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Total Monthly Price

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$1,548 - $2,683

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1 to 3 Bedroom Apartments Available Now

GlenEagles

8275 E Bell RdScottsdale, AZ 85260
Affordability
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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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The Beverly
Rent Specials
$1,959 - $5,854
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Total Monthly Price

Base Rent
$1,959 - $5,854

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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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The Quincy at Kierland
Rent Specials
$1,978 - $4,429
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Total Monthly Price

Base Rent
$1,978 - $4,429

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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 16801 N 94th St

$2,495 - $4,500

2 Bedroom Rentals

Available Now

16801 N 94th St

ScottsdaleAZ85260
property at 19777 N 76th St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 2.5 Bath Condo for Rent

Available Now

19777 N 76th St, Unit 1349

19777 N 76th St
ScottsdaleAZ85255

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.

property at 20801 N 90th Pl

$2,595 - $4,995

3 Bedroom Rentals

Available Now

20801 N 90th Pl

ScottsdaleAZ85255
property at 20121 N 76th St

$2,795 - $3,000

2 To 3 Bedroom Rentals

Available Now

20121 N 76th St

ScottsdaleAZ85255
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Bellagio
1 to 3 Bedroom Apartments

Bellagio

5635 E Bell RdScottsdale, 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
property at 5704 E Aire Libre Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 2 Bath Townhome for Rent

Available Now

5704 E Aire Libre Ave

ScottsdaleAZ85254
property at 5704 E Aire Libre Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 3 Bath Townhome for Rent

Available Now

5704 E Aire Libre Ave

ScottsdaleAZ85254
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Camden Foothills
1 to 3 Bedroom Apartments

Camden Foothills

18245 N Pima RdScottsdale, AZ 85255

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 $1,330. Here are the most affordable Grayhawk Village apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Desert HorizonA2 Dayspring1BR,1BA$1,275
Ninety DegreesE1Studio,1BA$1,330
Avion on LegacyA11BR,1BA$1,470
Desert ClubA1R1BR,1BA$1,535
56 NorthOpen 1 Bedroom, 1 Bath1BR,1BA$1,544
GlenEaglesThe Shetland1BR,1BA$1,548
One North Scottsdale ApartmentsSparrow1BR,1BA$1,585
Mission Springs Apartment2BR/2.0BA2BR,2BA$1,595
San Milan1 BED/1 BATH (239-1c)1BR,1BA$1,599
The View at CascadeA3b, A3c and A3e1BR,1BA$1,635

Best Value Apartments for Rent in Grayhawk Village, AZ

As of June 23, 2026 the best value apartment in the Grayhawk Village area is the $1.87 price per square foot Palermo Model at Catherine Townhomes in the in the Sonoran Regional Core neighborhood starting from $2,518. The second greatest value Grayhawk Village apartment is the 2BR/2.0BA Model at Mission Springs Apartment starting at $1,595 with a $1.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Catherine TownhomesPalermo3BR,3BA$1.87
Mission Springs Apartment2BR/2.0BA2BR,2BA$1.33
Hideaway North ScottsdaleSycamore - Deluxe2BR,2BA$2.07
EDGE at GrayhawkTesero1BR,1.5BA$1.83
BellagioB22BR,2BA$1.65
Desert Parks VistaA4L Premier1BR,1BA$1.93
Ascent North ScottsdaleThe Bell2BR,2BA$2.04
GlenEaglesThe Shetland1BR,1BA$2.05
Avion on LegacyA11BR,1BA$1.97
Desert HorizonA1 Sunbeam Remodel1BR,1BA$2.04

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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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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Real 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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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 $1,635.

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 $10,445.

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 64 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 $300 which is $10,145 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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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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