Cheap Homes for Rent in Greenway Place Neighborhood of Phoenix, AZ from $800 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Greenway Place area of Phoenix.

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.

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.

Greenway Place, Phoenix, AZ Local Guide

Cheapest Available Greenway Place Apartments for Rent

 

The cheapest available apartment rental in the Greenway Place area of Phoenix, AZ is a 1 Bed unit found at Jerome Apartments priced from $870. Streamliner 87th has the second lowest priced unit, which is a Studio apartment currently listed from $889. Here are the most affordable Greenway Place apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Jerome ApartmentsA1 Classic1BR,1BA$870
Streamliner 87thStudioStudio,1BA$889
VisionsEnergy StudioStudio,1BA$895

Best Value Apartments for Rent in Greenway Place, AZ

As of June 20, 2026 the best value apartment in the Greenway Place area is the $1.42 price per square foot 2x2 Townhouse Renovated 1267sf Model at Enclave at Arrowhead in the in the Deer Valley neighborhood starting from $1,795. The second greatest value Greenway Place apartment is the Two Bedroom/Two Bath Model at San Prado starting at $1,699 with a $1.51 price per square foot in the Deer Valley neighborhood. Here is today’s list of the best values for Greenway Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Enclave at Arrowhead2x2 Townhouse Renovated 1267sf2BR,2BA$1.42
San PradoTwo Bedroom/Two Bath2BR,2BA$1.51
Acoma Thunderbird Townhomes2 Story Townhouse2BR,2.5BA$1.47
Desert Harbor Apartment Homes2 Bedroom, 2 Bath2BR,2BA$1.38
Desert VistaIronwood1BR,1BA$1.51
Peoria Grand Apartments2x1A2BR,1BA$1.53
Napa Place Apartments2x2L2BR,2BA$1.60
Reserve at Arrowhead1 Bedroom 1 Bath1BR,1BA$1.52
Arrowhead Landing ApartmentsA1 (Port)1BR,1BA$1.62
MoxiJuniper1BR,1BA$1.44

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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Frequently Asked Questions about Greenway Place

What type of rentals are currently available in Greenway Place?

There are currently 70 Apartments for Rent in Greenway Place, AZ with pricing that ranges from $870 to $6,081. There are also 171 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenway Place ranging from $825 to $4,750.

What is the current price range for Rental Homes in Greenway Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenway Place ranges from $825 to $4,750 with an average monthly rent of $2,447.

How much are larger Three and Four Bedroom Rentals in Greenway Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Greenway Place range from $1,745 to $6,081, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $4,750. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $3,395.

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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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

Written by: Robin Stewart

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.