
Cheap 1 Bedroom Apartments for Rent in the Homestead Terrace Neighborhood of Phoenix, AZ from $729 (29 Rentals)


6201 W Indianola Ave

Tides on 51st

Total Monthly Price
1812 N 68th Dr, Unit 1, Unit 1

Cove on 44th

Paloma Village

Solei on West Thomas
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Morada Sky

2847 N 46th Ave, Unit 2847 N 46th Ave 13

SunPointe Apartments

Tides on McDowell

Desert Wind

Glenrosa Park
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Portola West McDowell

Morada Rise

Streamliner 67th

Aspire Desert West

Solara

Stonybrook Apartments

Sol District
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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.

Villa de Cortez

San Marina Apartments

Ventana Palms

San Giovanni Apartments

3810 N Maryvale Pkwy

Los Vecinos Apartments

Villas De Azul
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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3229 N 54th Ln
Homestead Terrace, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Homestead Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homestead Terrace Studio Apartments | $1,043 | $699 | $1,429 |
Homestead Terrace 1 Bedroom Apartments | $1,129 | $729 | $3,843 |
| Homestead Terrace 2 Bedroom Apartments | $1,364 | $950 | $1,929 |
| Homestead Terrace 3 Bedroom Apartments | $1,936 | $1,348 | $5,310 |
| Homestead Terrace 4 Bedroom Apartments | $6,534 | $6,534 | $6,534 |
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Homestead Terrace, Phoenix, AZ Local Guide
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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.
Read ArticleA 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 ArticleThe 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.
Read ArticleCash 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.
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 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.
Best Local Schools in Homestead Terrace, Phoenix, AZ
School data provided by Great Schools
Frequently Asked Questions about Cheap Homestead Terrace Apartments
What is a cheap apartment in Homestead Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Homestead Terrace is under $957.
What is the price of a cheap apartment in Homestead Terrace?
The cheapest apartment in Homestead Terrace is Aspire West Phoenix which is listed at $739, while the average apartment in Homestead Terrace costs $6,534.
What types of apartments are the cheapest in Homestead Terrace?
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 60 regular apartments in Homestead Terrace 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 Homestead Terrace?
Cheap apartments in Homestead Terrace have an average cost of $320 which is $6,214 cheaper than the average rent for all rentals in Homestead Terrace.
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

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).

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.

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.

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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.
