6201 W Indianola Ave
PhoenixAZ85033
Cheap Homes for Rent in Homestead Terrace Neighborhood of Phoenix, AZ from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Homestead Terrace area of Phoenix.
6165 W Highland Ave
PhoenixAZ85033
3810 N Maryvale Pkwy
PhoenixAZ85031
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$9001 Bedroom Apartments Available Now
2847 N 46th Ave, Unit 2847 N 46th Ave 13
2847 N 46th AvePhoenix, AZ 85035
6705 W Devonshire Ave
PhoenixAZ85033
6711 W Osborn Rd
PhoenixAZ85033
2642 N 43rd Ave
PhoenixAZ85009
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.
2652 N 43rd Ave
PhoenixAZ85009
5305 W Lynwood St
PhoenixAZ85043
5415 W Lynwood St
PhoenixAZ85043
3229 N 54th Ln
PhoenixAZ85031
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$1,259Studio Apartments Available Now
Furnished Studio-Phoenix - West
1360 N 43rd AvePhoenix, AZ 85009
5241 W Lynwood St
PhoenixAZ85043
5244 W Lynwood St
PhoenixAZ85043
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.
Showing Results 1-14, Page 1 of 1
Homestead Terrace, Phoenix, AZ Local Guide
How much does it cost to rent a home in Homestead Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homestead Terrace 2 Bedroom Homes for Rent | $1,293 | $1,125 | $1,634 |
| Homestead Terrace 3 Bedroom Homes for Rent | $1,818 | $1,395 | $2,675 |
| Homestead Terrace 4 Bedroom Homes for Rent | $2,040 | $1,725 | $2,495 |
| Homestead Terrace 5 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
| Homestead Terrace 6 Bedroom Homes for Rent | $800 | $800 | $800 |
| Homestead Terrace 7 Bedroom Homes for Rent | $2,950 | $2,950 | $2,950 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Homestead Terrace Neighborhood of Phoenix, AZ.
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Homestead Terrace, Phoenix, AZ Local Guide
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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 $699. Aspire West Phoenix has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here are the most affordable Homestead Terrace apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tides on 51st | Studio | Studio,1BA | $699 |
| Aspire West Phoenix | 2B11P3 | 1BR,1BA | $729 |
| Paloma Village | Studio | Studio,1BA | $750 |
| Morada Sky | Azure | 1BR,1BA | $788 |
| Tides on McDowell | Studio | Studio,1BA | $800 |
Best Value Apartments for Rent in Homestead Terrace, AZ
As of April 28, 2026 the best value apartment in the Homestead Terrace area is the $1.56 price per square foot 3X2 Model at Morada Grande in the in the Maryvale neighborhood starting from $1,642. The second greatest value Homestead Terrace apartment is the L2AC50RC Model at Rancho Cielo starting at $1,002 with a $1.00 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Homestead Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Morada Grande | 3X2 | 3BR,2BA | $1.56 |
| Rancho Cielo | L2AC50RC | 2BR,2BA | $1.00 |
| Casa Sol | ?2X2 50% OFF FIRST MONTH RENT? | 2BR,2BA | $1.53 |
| Sol District | A1S | 1BR,1BA | $1.36 |
| Glenrosa Park | A1 | 1BR,1BA | $1.44 |
| Portola West McDowell | Cactus | 2BR,1BA | $1.60 |
| Gran Jardin Apartments | 2BR/1.0BA | 2BR,1BA | $1.43 |
| SunPointe Apartments | A1B | 1BR,1BA | $1.48 |
| Solei on West Thomas | A1 | 1BR,1BA | $1.44 |
| Morada Sky | Azure | 1BR,1BA | $1.63 |
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.
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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.
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.
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Best Local Schools in Homestead Terrace, Phoenix, AZ
School data provided by Great Schools
Frequently Asked Questions about Homestead Terrace
What type of rentals are currently available in Homestead Terrace?
There are currently 80 Apartments for Rent in Homestead Terrace, AZ with pricing that ranges from $729 to $6,534. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homestead Terrace ranging from $758 to $2,950.
What is the current price range for Rental Homes in Homestead Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Homestead Terrace ranges from $758 to $2,950 with an average monthly rent of $1,717.
How much are larger Three and Four Bedroom Rentals in Homestead Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Homestead Terrace range from $1,262 to $2,274, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,675. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $5,310.
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
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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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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.
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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.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.