Cheap Apartments for Rent in the Los Olivos Neighborhood of Phoenix, AZ from $500 (265 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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Adara
Rent Specials
$692 - $3,460
Total Monthly Price

Total Monthly Price

Base Rent
$692 - $3,460
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Varies
Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
Student Housing
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Briella Phoenix
Rent Specials
$846 - $1,631
Total Monthly Price

Total Monthly Price

Base Rent
$846 - $1,631
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Briella Phoenix

1502 E Osborn RdPhoenix, AZ 85014
Affordability
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property at 1505 N 15th Ave

$900 - $1,050

1 To 2 Bedroom Rentals

Available Now

1505 N 15th Ave

PhoenixAZ85007

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property at 1201 E Moreland St

$1,000 - $2,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $2,600
Total Monthly Price
$1,000 - $2,600

Studio To 2 Bedroom Townhomes for Rent

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1201 E Moreland St

PhoenixAZ85006

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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. Phoenix Scholar House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $526. 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
Phoenix Scholar HousePhoenix Scholar House 1/1 588 SF1BR,1BA$526
AdaraCo-living 4BStudio,1BA$692
2025 West Apartment HomesS1Studio,1BA$700
Spectra MidtownS1 CStudio,1BA$729
Omnia on Thomas0x1 350sf ClassicStudio,1BA$749
Reflections On PortlandOne Bedroom1BR,1BA$749
829 N 4th AveStudio, 1 bathStudio,1BA$775
The Wexler Apartments0x1 A RenoStudio,1BA$799

Best Value Apartments for Rent in Los Olivos, AZ

As of May 03, 2026 the best value apartment in the Los Olivos area is the $1.48 price per square foot C1 Model at The Phoenix Apartments on 6th Avenue in the in the Encanto neighborhood starting from $1,775. The second greatest value Los Olivos apartment is the Wabash Model at Arioso City Lofts starting at $1,419 with a $1.32 price per square foot in the Encanto neighborhood. 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.
The Phoenix Apartments on 6th AvenueC13BR,2BA$1.48
Arioso City LoftsWabash2BR,2BA$1.32
1731 E Cheery Lynn Rd, Unit 1731 Front1731 E Cheery Lynn Rd2BR,1BA$1.50
The CoronadoTwo Bedroom2BR,2BA$1.35
Radius Apartments2bd/1ba2BR,1BA$1.07
Aura at Midtown1x1 780sf Reno1BR,1BA$1.47
Urbana at 11thTwo Bed One Bath2BR,1BA$1.53
Osborn Place1 Bed - 1 Bath B1BR,1BA$1.38
Garfield TerraceGarfield Terrace One Bedroom1BR,1BA$0.78
1918 E Adams St, Unit 41918 E Adams St1BR,1BA$1.45

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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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Best Local Schools in
Los Olivos, Phoenix, AZ

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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 $799.

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 $3,080.

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 1,027 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 $1,234 which is $1,846 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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