Cheap Apartments for Rent in the Nuestro Barrio Neighborhood of Phoenix, AZ from $500 (123 Rentals)

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

property at 23 E Illini St

23 E Illini St

PhoenixAZ85040
Showing Results 1-50, Page 1 of 3

Nuestro Barrio, Phoenix, AZ Local Guide

Cheapest Available Nuestro Barrio Apartments for Rent

 

The cheapest available apartment rental in the Nuestro Barrio area of Phoenix, AZ is a 1 Bed unit found at McCarty on Monroe priced from $717. Victory Place I-IV has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable Nuestro Barrio apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
Victory Place I-IVStudioStudio,1BA$720
Sunset Sound Studio ApartmentsSTUStudio,1BA$720
Reflections On PortlandOne Bedroom1BR,1BA$749
AdaraD24BR,4BA$750
The ContinentalStudioStudio,1BA$875
X PhoenixCOLIVING Suites in 4 BR/4BAStudio,1BA$899
MonterraSTU1Studio,1BA$910

Best Value Apartments for Rent in Nuestro Barrio, AZ

As of November 08, 2025 the best value apartment in the Nuestro Barrio area is the $1.64 price per square foot 3 Bedroom/3.5 Bathrooms Model at 8th and Row Townhomes in the in the South Phoenix neighborhood starting from $2,595. The second greatest value Nuestro Barrio apartment is the 3 Bedroom Townhouse Model at Matthew Henson Apartments starting at $1,449 with a $1.12 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Nuestro Barrio apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8th and Row Townhomes3 Bedroom/3.5 Bathrooms3BR,3.5BA$1.64
Matthew Henson Apartments3 Bedroom Townhouse3BR,2.5BA$1.12
Agave Court3x23BR,2BA$1.33
Roosevelt SquareOne Bedroom Den1BR,1.5BA$1.79
601 PaxB22BR,2BA$1.70
ReNue Downtown ApartmentsB - The Ballpark2BR,2BA$1.51
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
713 W Pima St, Unit Unit 2713 W Pima St1BR,1BA$1.83
1918 E Adams St, Unit 41918 E Adams St1BR,1BA$1.45
Victory Place I-IVStudioStudio ,1BA$1.50

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Pet Friendly Lifestyle
Nuestro Barrio, Phoenix, AZ

Ranked #16

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
Nuestro Barrio, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Phoenix. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Nuestro Barrio Apartments

What is a cheap apartment in Nuestro Barrio?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Nuestro Barrio is under $910.

What is the price of a cheap apartment in Nuestro Barrio?

The cheapest apartment in Nuestro Barrio is McCarty on Monroe which is listed at $717, while the average apartment in Nuestro Barrio costs $2,705.

What types of apartments are the cheapest in Nuestro Barrio?

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 905 regular apartments in Nuestro Barrio 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 Nuestro Barrio?

Cheap apartments in Nuestro Barrio have an average cost of $1,278 which is $1,427 cheaper than the average rent for all rentals in Nuestro Barrio.

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).

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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.