Cheap Homes for Rent in the Homestead Terrace Neighborhood of Phoenix, AZ from $700 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 3646 N 69th Ave

$1,050 - $1,195

2 Bedroom Rentals

Available Now

3646 N 69th Ave

PhoenixAZ85033

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

property at 4266 N 68th Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

4266 N 68th Dr

PhoenixAZ85033

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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 $649. Los Vecinos Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here are the most affordable Homestead Terrace apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Tides on 51stStudioStudio,1BA$649
Los Vecinos ApartmentsStudioStudio,1BA$675
Paloma VillageStudioStudio,1BA$699
Tides on McDowellStudioStudio,1BA$800
Aspire West Phoenix2B11P31BR,1BA$879

Best Value Apartments for Rent in Homestead Terrace, AZ

As of July 28, 2026 the best value apartment in the Homestead Terrace area is the $1.40 price per square foot 3X2 Model at Morada Grande in the in the Maryvale neighborhood starting from $1,469. The second greatest value Homestead Terrace apartment is the 3 Beds, 1.5 Baths Model at Hallcraft Villas West starting at $1,195 with a $1.15 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Morada Grande3X23BR,2BA$1.40
Hallcraft Villas West3 Beds, 1.5 Baths3BR,1.5BA$1.15
Rancho CieloL2AC50RC2BR,2BA$1.14
Ventana PalmsB2-9402BR,2BA$1.38
SunPointe ApartmentsB12BR,2BA$1.50
Morada RiseTwo Bed One Bath2BR,1BA$1.58
Sol DistrictA1S1BR,1BA$1.43
Glenrosa ParkA11BR,1BA$1.37
Gran Jardin Apartments2BR/1.0BA2BR,1BA$1.43
Portola West McDowellDahlia1BR,1BA$1.60

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 Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Homestead Terrace

What type of rentals are currently available in Homestead Terrace?

There are currently 86 Apartments for Rent in Homestead Terrace, AZ with pricing that ranges from $675 to $2,481. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homestead Terrace ranging from $790 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 $790 to $2,950 with an average monthly rent of $1,834.

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

decorative image for From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities article

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Written by: Andrew Jollett

I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

decorative image for Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips article

Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips

Written by: Andrew Jollett

Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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.

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

A Phoenix Expert's 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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

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

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.