Cheap Apartments for Rent in the Homestead Terrace Neighborhood of Phoenix, AZ from $600 (30 Rentals)

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

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Indigo Pointe
2 to 3 Bedroom Apartments

Indigo Pointe

475 N 43rd AvePhoenix, AZ 85009
  • Utilities Included
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Los Vecinos Apartments
Studio to 2 Bedroom Apartments

Los Vecinos Apartments

1950 N 43rd AvePhoenix, AZ 85009
Corporate Housing
  • Utilities Included

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Homestead Terrace, Phoenix, AZ Local Guide

Cheapest Available Homestead Terrace Apartments for Rent

 

The cheapest available apartment rental in the Homestead Terrace area of Phoenix, AZ is a Studio unit found at Tides on 51st priced from $650. Aspire West Phoenix has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here are the most affordable Homestead Terrace apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Tides on 51stStudioStudio,1BA$650
Aspire West Phoenix2B01CStudio,1BA$680
Stonybrook ApartmentsA2 Premier1BR,1BA$780
Tides on McDowellStudioStudio,1BA$825
Paloma VillageStudioStudio,1BA$825
Streamliner 67thStudioStudio,1BA$833
Cove on 44thA11BR,1BA$849
Morada SkyBreeze2BR,2BA$864
Casa Sol ApartmentsA perfect place to call HOME1BR,1BA$916
Solei on West ThomasA11BR,1BA$945

Best Value Apartments for Rent in Homestead Terrace, AZ

As of January 26, 2026 the best value apartment in the Homestead Terrace area is the $1.47 price per square foot C1R Model at Sol District in the in the South Phoenix neighborhood starting from $1,750. The second greatest value Homestead Terrace apartment is the 5301 W Campbell Ave Model at 5301 W Campbell Ave, Unit 2 starting at $1,550 with a $1.41 price per square foot in the Maryvale neighborhood. Here is today’s list of the best values for Homestead Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sol DistrictC1R3BR,2BA$1.47
5301 W Campbell Ave, Unit 25301 W Campbell Ave2BR,2BA$1.41
Morada Grande3X23BR,2BA$1.53
Morada WestMontebello2BR,2BA$1.39
Ventana PalmsB2-9402BR,2BA$1.38
Glenrosa ParkA11BR,1BA$1.44
SunPointe ApartmentsA1B1BR,1BA$1.49
Villa de Cortez1A1BR,1BA$1.59
SolaraLUNA1BR,1BA$1.58
Stonybrook ApartmentsA1 Premier1BR,1BA$1.59

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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

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Best Local Schools in
Homestead Terrace, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Phoenix. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, places to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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 $945.

What is the price of a cheap apartment in Homestead Terrace?

The cheapest apartment in Homestead Terrace is Tides on 51st which is listed at $718, while the average apartment in Homestead Terrace costs $7,056.

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 29 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 $255 which is $6,801 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

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