Cheap Apartments for Rent in the Los Olivos Neighborhood of Phoenix, AZ from $507 (298 Rentals)

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

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Omnia on Thomas
Rent Specials
$730 - $2,254

Total Monthly Price

Base Rent$730 - $2,254

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Omnia on Thomas

1645 E Thomas RdPhoenix, AZ 85016
Affordability
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Adara
Rent Specials
$741 - $3,162

Total Monthly Price

Base Rent$741 - $3,162

Total Monthly PriceVaries
Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
Student Housing
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property at 1845 E Monroe St
$675 - $795
1 To 4 Bedroom Rentals
Available Now
Affordability

1845 E Monroe St

PhoenixAZ85034

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property at 849 W Mitchell Dr
$775 - $825
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

849 W Mitchell Dr

PhoenixAZ85013

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Briella Phoenix
Rent Specials
$850 - $2,468

Total Monthly Price

Base Rent$850 - $2,468

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Briella Phoenix

1502 E Osborn RdPhoenix, AZ 85014
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sora
Rent Specials
$885 - $1,628

Total Monthly Price

Base Rent$885 - $1,628

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

sora

355 N Central AvePhoenix, AZ 85004
Student Housing
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property at 1629 N Laurel Ave
$897 - $2,800

Total Monthly Price

Base Rent$897 - $2,800

Total Monthly Price$897 - $2,800
1 To 3 Bedroom Homes for Rent
Available Now
Furnished

1629 N Laurel Ave

PhoenixAZ85007
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property at 1833 E Harvard St
$900 - $1,050
1 To 2 Bedroom Rentals
Available Now
Affordability

1833 E Harvard St

PhoenixAZ85006

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property at 1201 E Moreland St
$1,000 - $2,300

Total Monthly Price

Base Rent$1,000 - $2,300

Total Monthly Price$1,000 - $2,300
Studio To 2 Bedroom Townhomes for Rent
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Furnished

1201 E Moreland St

PhoenixAZ85006
  • Smoke Free

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property at 302 E Monte Vista Rd
$895 - $1,495
Studio To 1 Bedroom Rentals
Available Now
Affordability

302 E Monte Vista Rd

PhoenixAZ85004

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Los Olivos, Phoenix, AZ Local Guide

Cheapest Available Los Olivos Apartments for Rent

 

The cheapest available apartment rental in the Los Olivos area of Phoenix, AZ is a 1 Bed unit found at Garfield Terrace priced from $507. 2025 West Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here are the most affordable Los Olivos apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Garfield TerraceGarfield Terrace One Bedroom1BR, 1BA$507
2025 West Apartment HomesS1Studio, 1BA$680
1229 W Pierce St0BR/1.0BAStudio, 1BA$699
901 E. Pierce St.0BR/1.0BAStudio, 1BA$724
Omnia on Thomas0x1 350sf ClassicStudio, 1BA$730
AdaraCo-living 4BStudio, 1BA$741
The Loreto ApartmentsJunior StudioStudio, 1BA$749
Radius Apartments1bd/1ba1BR, 1BA$749
Duo ApartmentsStudioStudio, 1BA$763
829 N 4th AveStudio, 1 bathStudio, 1BA$775

Best Value Apartments for Rent in Los Olivos, AZ

As of September 20, 2026 the best value apartment in the Los Olivos area is the $1.01 price per square foot 3 Bedroom 2.5 Bath Model at Monterosa Villas in the Downtown Phoenix neighborhood starting from $2,300. The second greatest value Los Olivos apartment is the 2x2 1081sf Partial Model at Aura at Midtown in the Encanto neighborhood starting at $1,368 with a $1.27 price per square foot. Here is today’s list of the best values for Los Olivos apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Monterosa Villas3 Bedroom 2.5 Bath3BR, 2.5BA$1.01
Aura at Midtown2x2 1081sf Partial2BR, 2BA$1.27
Agave Court2x22BR, 2BA$1.40
The CoronadoTwo Bedroom2BR, 2BA$1.24
326 West Earll Drive NEW326 West Earll Drive NEW - 32BR, 1BA$1.49
925 E Turney Ave1BR/1.0BA1BR, 1BA$1.06
Rise MidtownA3 Gold1BR, 1BA$1.42
Briella PhoenixA21BR, 1BA$1.42
Radius Apartments1bd/1ba1BR, 1BA$1.15
3427 N 12th Pl1 Beds, 1 Baths1BR, 1BA$1.48

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Pet Friendly Lifestyle
Los Olivos, Phoenix, AZ

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you Lifestyle Ratings of neighborhoods, areas, and rental properties across Arizona and customized analysis for Central Phoenix. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Los Olivos Apartments

What is a cheap apartment in Los Olivos?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Los Olivos is under $775.

What is the price of a cheap apartment in Los Olivos?

The cheapest apartment in Los Olivos is Garfield Terrace which is listed at $507, while the average apartment in Los Olivos costs $1,724.

What types of apartments are the cheapest in Los Olivos?

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 823 regular apartments in Los Olivos 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 Los Olivos?

Cheap apartments in Los Olivos have an average cost of $1,207 which is $517 cheaper than the average rent for all rentals in Los Olivos.

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.

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