Cheap Apartments for Rent in the Paradise Valley Neighborhood of Phoenix, AZ from $600 (38 Rentals)

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

property at 4722 E Bell Rd

4722 E Bell Rd

PhoenixAZ85032
property at 2645 E Cactus Rd

2645 E Cactus Rd

PhoenixAZ85028

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property at 13440 N 44th St

13440 N 44th St

PhoenixAZ85032
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Village Square
1 to 2 Bedroom Apartments

Village Square

14014 N 32nd StPhoenix, AZ 85032
  • Utilities Included
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Cactus Forty-2
Studio to 2 Bedroom Apartments

Cactus Forty-2

4242 E Cactus RdPhoenix, AZ 85032

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Paradise Arbor
2 Bedroom Apartments

Paradise Arbor

3102 E Paradise LnPhoenix, AZ 85032
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Mission Springs
1 to 2 Bedroom Apartments

Mission Springs

16818 N 56th StScottsdale, AZ 85254
  • Utilities Included
Showing Results 1-38, Page 1 of 1

Paradise Valley, Phoenix, AZ Local Guide

Cheapest Available Paradise Valley Apartments for Rent

 

The cheapest available apartment rental in the Paradise Valley area of Phoenix, AZ is a 1 Bed unit found at The Summit Apartments priced from $779. Elara at Paradise Valley has the second lowest priced unit, which is a Studio apartment currently listed from $810. Here are the most affordable Paradise Valley apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Summit ApartmentsOne Bedroom1BR,1BA$779
Elara at Paradise ValleyA1Studio,1BA$810
CeliaOrchid1BR,1BA$868
Rancho La FuenteOne Bed, One Bath1BR,1BA$899
Tides on East CactusStudioStudio,1BA$900
Escarlata 29One Bedroom1BR,1BA$915
Paradise Village ApartmentsOne Bedroom1BR,1BA$963
Windsprings Apartments1 X 11BR,1BA$1,050
Two | Five Greenway ApartmentsA1 Classic W&D1BR,1BA$1,125
Escarlata 311 Bedroom Large1BR,1BA$1,150

Best Value Apartments for Rent in Paradise Valley, AZ

As of September 05, 2025 the best value apartment in the Paradise Valley area is the $1.21 price per square foot 2x2 1200 Model at Waterford On Tatum in the in the North Phoenix neighborhood starting from $1,449. The second greatest value Paradise Valley apartment is the 2 Bedroom Model at Sun Terrace Apartments starting at $1,499 with a $1.44 price per square foot in the North Phoenix neighborhood. Here is today’s list of the best values for Paradise Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waterford On Tatum2x2 12002BR,2BA$1.21
Sun Terrace Apartments2 Bedroom2BR,2BA$1.44
Paradise Greens2 Bedroom2BR,2BA$1.16
Townhomes on the Park Apartment HomesTwo Bedroom One Bath2BR,1BA$1.54
Buenas Paradise Valley$350 TOTAL MOVE-IN2BR,1BA$1.41
Palo BreaTwo Bedroom One Bath2BR,1BA$1.49
CeliaNewport1BR,1BA$1.57
Escarlata 29One Bedroom1BR,1BA$1.40
Rancho La FuenteOne Bed, One Bath1BR,1BA$1.58
The Summit ApartmentsOne Bedroom1BR,1BA$1.44

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Paradise Valley, Phoenix, AZ

Ranked #79

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Paradise Valley, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

Our team compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Paradise Valley, Phoenix, and the greater Phoenix area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, apartment complexes for the kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Paradise Valley Apartments

What is the Cheapest Studio apartment in Paradise Valley?

Currently the most affordable Cheap Studio Apartment in Paradise Valley is at Elara at Paradise Valley listed at $810.

How much is rent for a Cheap One Bedroom Paradise Valley Apartment?

The lowest price for a Cheap One Bedroom Paradise Valley Apartment is $779 at The Summit Apartments.

What is the lowest price for a Cheap Two Bedroom Paradise Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Paradise Valley is starting from $869 at The Summit Apartments.

What is the most affordable Paradise Valley Three Bedroom Apartment?

The best deal on a cheap Paradise Valley Three Bedroom Apartment rental is at Paradise Greens and starts from $1,336.

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 Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.