Cheap Apartments for Rent in the Paradise Valley Neighborhood of Phoenix, AZ from $700 (55 Rentals)

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

property at 2645 E Cactus Rd

2645 E Cactus Rd

PhoenixAZ85028
property at 4722 E Bell Rd

4722 E Bell Rd

PhoenixAZ85032

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.

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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.

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

Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

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property at 13440 N 44th St

13440 N 44th St

PhoenixAZ85032
property at 4303 E Cactus Rd

4303 E Cactus Rd

PhoenixAZ85032

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.

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Paradise Falls
Studio to 2 Bedroom Apartments

Paradise Falls

15434 N 32nd StPhoenix, AZ 85032
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Escarlata 31
Studio to 2 Bedroom Apartments

Escarlata 31

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

Paradise Greens

16001 N 25th StPhoenix, AZ 85032
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The Charleston
Studio to 2 Bedroom Apartments

The Charleston

11825 N 25th PlPhoenix, AZ 85028
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Cactus Forty-2
Studio to 2 Bedroom Apartments

Cactus Forty-2

4242 E Cactus RdPhoenix, AZ 85032

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.

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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 Elara at Paradise Valley priced from $784. Tides on East Cactus has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Paradise Valley apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Elara at Paradise ValleyA1Studio,1BA$784
Tides on East CactusStudioStudio,1BA$800
Rancho La FuenteOne Bed, One Bath1BR,1BA$899
Paradise FallsNiagara1BR,1BA$955
Escarlata 311 Bedroom Small1BR,1BA$995
CalistaA11BR,1BA$1,045
Windsprings Apartments1 X 11BR,1BA$1,050
Escarlata 29One Bedroom1BR,1BA$1,070
CeliaAspen1BR,1BA$1,113
Paradise Greens2 Bedroom2BR,2BA$1,157

Best Value Apartments for Rent in Paradise Valley, AZ

As of October 23, 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 16033 N 25th St Model at 16033 N 25th St, Unit 111 starting at $1,525 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
16033 N 25th St, Unit 11116033 N 25th St3BR,2BA$1.44
Sun Terrace Apartments2 Bedroom2BR,2BA$1.44
Paradise Greens2 Bedroom2BR,2BA$1.16
Paradise FallsMacedonia2BR,2BA$1.45
Buenas Paradise Valley$350 TOTAL MOVE-IN2BR,1BA$1.41
Palo BreaTwo Bedroom One Bath2BR,1BA$1.49
Paradise Valley Apartments2 X 22BR,2BA$1.49
CalistaA11BR,1BA$1.52
Elara at Paradise ValleyA21BR,1BA$1.50

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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

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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.

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Pet Friendly Lifestyle
Paradise Valley, Phoenix, AZ

Ranked #81

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 $784.

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

The lowest price for a Cheap One Bedroom Paradise Valley Apartment is $837 at Elara at Paradise Valley.

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 $1,157 at Paradise Greens.

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.

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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! 

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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.