Cheap Apartments for Rent in the Los Olivos Neighborhood of Phoenix, AZ from $500 (229 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
$741 - $3,461
Total Monthly Price

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$680 - $3,400
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Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
Student Housing
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property at 1645 E Thomas Rd

$830 - $930

Studio To 1 Bedroom Rentals

Available Now

1645 E Thomas Rd

PhoenixAZ85016
property at 1707 N 18th St

$850 - $1,300

1 To 2 Bedroom Rentals

Available Now

1707 N 18th 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 Phoenix Scholar House priced from $526. 2025 West Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $671. Here are the most affordable Los Olivos apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Phoenix Scholar HousePhoenix Scholar House 1/1 588 SF1BR,1BA$526
2025 West Apartment HomesS1Studio,1BA$671
Radius Apartments1bd/1ba1BR,1BA$699
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
Spectra MidtownS2CStudio,1BA$739
AdaraCo-living 4BStudio,1BA$741
Ambassador West ApartmentsOne Bedroom1BR,1BA$799
Omnia on Thomas0x1 350sf ClassicStudio,1BA$815

Best Value Apartments for Rent in Los Olivos, AZ

As of March 16, 2026 the best value apartment in the Los Olivos area is the $1.47 price per square foot 69 E Columbus Ave Model at 69 E Columbus Ave, Unit 1 in the in the Encanto neighborhood starting from $2,200. The second greatest value Los Olivos apartment is the 3A Model at The Heritage Apartment Homes starting at $1,838 with a $1.51 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.
69 E Columbus Ave, Unit 169 E Columbus Ave3BR,2BA$1.47
The Heritage Apartment Homes3A3BR,2BA$1.51
The Phoenix Apartments on 6th AvenueC13BR,2BA$1.48
Desert Sunshine 1Two Bed One Bath2BR,1BA$1.53
60 at Melrose2 bed 2 bath2BR,2BA$1.46
Radius Apartments2bd/1ba2BR,1BA$1.31
Urbana at 11thTwo Bed One Bath2BR,1BA$1.53
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
Briella PhoenixA11BR,1BA$1.21
1918 E Adams St, Unit 41918 E Adams St1BR,1BA$1.55

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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

School data provided by Great Schools

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 $815.

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

The cheapest apartment in Los Olivos is Phoenix Scholar House which is listed at $526, while the average apartment in Los Olivos costs $7,500.

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 1,442 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 $1,447 which is $6,053 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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