Cheap Homes for Rent in Homestead Terrace Neighborhood of Phoenix, AZ from $800 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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 4337 N 53rd Ln

4337 N 53rd Ln

PhoenixAZ85031

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 $663. Stonybrook Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable Homestead Terrace apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Tides on 51st0BD, 1BTHStudio,1BA$663
Stonybrook ApartmentsA1 Premier1BR,1BA$830
SolaraLUNA1BR,1BA$850
Aspire West Phoenix2B01P3Studio,1BA$899
Villa de Cortez1A1BR,1BA$901

Best Value Apartments for Rent in Homestead Terrace, AZ

As of September 14, 2025 the best value apartment in the Homestead Terrace area is the $1.58 price per square foot 3X2 Model at Morada Grande in the in the Maryvale neighborhood starting from $1,666. The second greatest value Homestead Terrace apartment is the Two Bed Two Bath Model at Morada Rise starting at $1,509 with a $1.55 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.
Morada Grande3X23BR,2BA$1.58
Morada RiseTwo Bed Two Bath2BR,2BA$1.55
Aspire Desert WestTwo Bedroom, Two Bathroom2BR,2BA$1.52
Sol DistrictA1S1BR,1BA$1.51
SolaraSUNRISE2BR,1BA$1.49
Ventana PalmsA1-6751BR,1BA$1.63
Glenrosa ParkA11BR,1BA$1.45
Villa de Cortez1A1BR,1BA$1.40
Portola West McDowellDahlia1BR,1BA$1.60
Stonybrook ApartmentsA1 Premier1BR,1BA$1.54

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

Pet Friendly Lifestyle
Homestead Terrace, Phoenix, AZ

Ranked #69

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Homestead Terrace

What type of rentals are currently available in Homestead Terrace?

There are currently 85 Apartments for Rent in Homestead Terrace, AZ with pricing that ranges from $663 to $4,523. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homestead Terrace ranging from $895 to $2,775.

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 $895 to $2,775 with an average monthly rent of $1,733.

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 $1,488 to $3,263, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $2,775. Four Bedroom Single-Family rentals are also available starting from $1,699 and Four Bedroom Apartments start at $4,245.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.