Cheap Homes for Rent in Los Olivos Neighborhood of Phoenix, AZ from $700 (49 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 Los Olivos area of Phoenix.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
property at 3993 N 3rd Ave

3993 N 3rd Ave

PhoenixAZ85013
property at 200 E Thomas Rd

200 E Thomas Rd

PhoenixAZ85012

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Read Article
Showing Results 1-49, Page 1 of 1

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 Studio unit found at Omnia on Thomas priced from $675. McCarty on Monroe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $717. Here are the most affordable Los Olivos apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Omnia on Thomas0x1 370sf ClassicStudio,1BA$675
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
2025 West Apartment HomesS1Studio,1BA$747
Spectra MidtownS2CStudio,1BA$749
The Studio on 12th StreetstudiosStudio,1BA$799
AdaraC23BR,3BA$825
The Loreto ApartmentsStudioStudio,1BA$848
16th Ave ApartmentsStudio/1 BathStudio,1BA$895

Best Value Apartments for Rent in Los Olivos, AZ

As of July 25, 2025 the best value apartment in the Los Olivos area is the $1.65 price per square foot 4 Model at Halcyon on Cheery Lynn in the in the Encanto neighborhood starting from $2,799. The second greatest value Los Olivos apartment is the 69 E Columbus Ave Model at 69 E Columbus Ave, Unit 1 starting at $2,200 with a $1.47 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.
Halcyon on Cheery Lynn43BR,3BA$1.65
69 E Columbus Ave, Unit 169 E Columbus Ave3BR,2BA$1.47
ReNue Downtown ApartmentsC - The Capitol - 603BR,2BA$1.51
The CoronadoTwo Bedroom2BR,2BA$1.36
60 at Melrose2 bed 2 bath2BR,2BA$1.56
3635 N 15th Ave, Unit C3635 N 15th Ave2BR,1BA$1.37
Playton Place1 Bed, 1 bath1BR,1BA$1.58
1746 E Virginia Ave, Unit 21746 E Virginia Ave2BR,1BA$1.35
The Heritage Apartment Homes1A1BR,1BA$1.63
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04

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 Los Olivos

What type of rentals are currently available in Los Olivos?

There are currently 828 Apartments for Rent in Los Olivos, AZ with pricing that ranges from $670 to $12,000. There are also 211 Single Family Homes for rent, Condos, and Townhome rentals currently available in Los Olivos ranging from $750 to $11,000.

What is the current price range for Rental Homes in Los Olivos?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Los Olivos ranges from $750 to $11,000 with an average monthly rent of $2,971.

How much are larger Three and Four Bedroom Rentals in Los Olivos?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Los Olivos range from $825 to $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $11,000. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $775.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.