Cheap Apartments for Rent in the Paradise Valley Neighborhood of Phoenix, AZ from $700 (77 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
close
View Me
The Bella
Rent Specials
$1,369 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,369 - $1,600
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Bella

13616 N 43rd StPhoenix, AZ 85032
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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

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.

Read Article
close
View Me
Halogen
Rent Specials
$1,610 - $2,515
Total Monthly Price

Total Monthly Price

Base Rent
$1,610 - $2,515
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Halogen

3420 E Bell RdPhoenix, AZ 85032
Affordability
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Vida46
Rent Specials
$1,618
Total Monthly Price

Total Monthly Price

Base Rent
$1,618
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Jun 14

Vida46

4602 E Paradise Village Pky NPhoenix, AZ 85032
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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
close
View Me
Rancho La Fuente
1 to 2 Bedroom Apartments

Rancho La Fuente

16621 N 25th StPhoenix, AZ 85032
close
View Me
Escarlata 31
Studio to 2 Bedroom Apartments

Escarlata 31

16645 N 31st StPhoenix, AZ 85032
close
View Me
Paradise Greens
1 to 3 Bedroom Apartments

Paradise Greens

16001 N 25th StPhoenix, AZ 85032
close
View Me
Paradise Falls
Studio to 2 Bedroom Apartments

Paradise Falls

15434 N 32nd StPhoenix, AZ 85032
close
View Me
The Charleston
Studio to 2 Bedroom Apartments

The Charleston

11825 N 25th PlPhoenix, AZ 85028

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

Read Article
Showing Results 1-50, Page 1 of 2

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 Studio unit found at Tides on East Cactus priced from $775. Village Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here are the most affordable Paradise Valley apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Tides on East CactusStudioStudio,1BA$775
Village Square1705T1161BR,1BA$989
Escarlata 29One Bedroom1BR,1BA$999
Escarlata 311 Bedroom Large1BR,1BA$999
CeliaOrchid1BR,1BA$1,000
Elara at Paradise ValleyA21BR,1BA$1,008
Paradise FallsNiagara1BR,1BA$1,020
The Charleston0 Bed/1 BathStudio,1BA$1,049
The Summit ApartmentsTwo Bedroom2BR,1BA$1,057
Park GreenvaleOne Bedroom1BR,1BA$1,075

Best Value Apartments for Rent in Paradise Valley, AZ

As of May 16, 2026 the best value apartment in the Paradise Valley area is the $1.58 price per square foot Three Bedrooms Two Bathrooms Model at Fernwood Court Apartments in the in the North Phoenix neighborhood starting from $1,749. The second greatest value Paradise Valley apartment is the 2 Bedroom Model at Sun Terrace Apartments starting at $1,250 with a $1.20 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.
Fernwood Court ApartmentsThree Bedrooms Two Bathrooms3BR,2BA$1.58
Sun Terrace Apartments2 Bedroom2BR,2BA$1.20
Paradise Greens2 Bedroom2BR,2BA$1.16
Zen Senior LivingLotus2BR,2BA$1.54
The Summit ApartmentsTwo Bedroom2BR,2BA$1.49
Palo BreaTwo Bedroom One Bath2BR,1BA$1.53
Agave ApartmentsTwo Bedroom One Bath2BR,1BA$1.46
Two | Five Greenway ApartmentsB1 Classic W&D2BR,1BA$1.56
Paradise Arbor2x12BR,1.5BA$1.50
Paradise FallsNiagara1BR,1BA$1.47

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.

Read Article
Decorative image

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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

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 Tides on East Cactus listed at $775.

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

The lowest price for a Cheap One Bedroom Paradise Valley Apartment is $965 at Tides on East Cactus.

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 $950 at Escarlata 31.

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

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.

Helpful Local Expert Guides

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 Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters article

Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

Written by: Andrew Jollett

I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Written by: Andrew Jollett

Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.