Cheap Apartments for Rent in the Paradise Valley Neighborhood of Phoenix, AZ from $700 (74 Rentals)

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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.

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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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The Bella
Rent Specials
$1,369 - $1,569
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$1,369 - $1,569
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1 to 2 Bedroom Apartments Available Now

The Bella

13616 N 43rd StPhoenix, AZ 85032
Corporate Housing
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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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Halogen
Rent Specials
$1,479 - $2,244
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$1,479 - $2,244
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Studio to 3 Bedroom Apartments Available Now

Halogen

3420 E Bell RdPhoenix, AZ 85032
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Vida46
Rent Specials
$1,491 - $1,581
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$1,491 - $1,581
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1 to 3 Bedroom Apartments Available Now

Vida46

4602 E Paradise Village Pky NPhoenix, AZ 85032
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property at 16033 N 25th St

$1,595 - $1,650

3 Bedroom Rentals

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16033 N 25th St

PhoenixAZ85032
property at 4303 E Cactus Rd

$1,650 - $1,975

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$1,650 - $1,975
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$1,650 - $1,975

1 Bedroom, 1 Bath Condo for Rent

Available Now

4303 E Cactus Rd

PhoenixAZ85032

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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Rancho La Fuente
1 to 2 Bedroom Apartments

Rancho La Fuente

16621 N 25th StPhoenix, AZ 85032
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Paradise Falls
Studio to 2 Bedroom Apartments

Paradise Falls

15434 N 32nd 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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Escarlata 31
Studio to 2 Bedroom Apartments

Escarlata 31

16645 N 31st StPhoenix, AZ 85032

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 $849. Windsprings Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Paradise Valley apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Tides on East CactusStudioStudio,1BA$849
Windsprings Apartments1 Bedroom 1 Bath1BR,1BA$900
Paradise Village ApartmentsOne Bedroom1BR,1BA$963
2813 E Paradise Ln2 Beds, 2 Baths2BR,2BA$975
Village Square1705T1161BR,1BA$989
Paradise FallsNiagara1BR,1BA$990
Two | Five Greenway ApartmentsA1 Classic W&D1BR,1BA$999
The Charleston0 Bed/1 BathStudio,1BA$999
Escarlata 29One Bedroom1BR,1BA$999
Escarlata 31StudioStudio,1BA$1,000

Best Value Apartments for Rent in Paradise Valley, AZ

As of July 12, 2026 the best value apartment in the Paradise Valley area is the $1.33 price per square foot 2BR/2.0BA Model at Mission Springs Apartment in the in the North Phoenix neighborhood starting from $1,595. The second greatest value Paradise Valley apartment is the Two Bedroom Model at Revive 25 Apartments starting at $1,010 with a $0.86 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.
Mission Springs Apartment2BR/2.0BA2BR,2BA$1.33
Revive 25 ApartmentsTwo Bedroom2BR,2BA$0.86
Fernwood Court ApartmentsThree Bedrooms Two Bathrooms3BR,2BA$1.58
Paradise Greens2 Bedroom2BR,2BA$1.01
2813 E Paradise Ln2 Beds, 2 Baths2BR,2BA$1.08
Zen Senior LivingLotus2BR,2BA$1.57
The Summit ApartmentsTwo Bedroom2BR,2BA$1.49
Paradise Valley Apartments2 X 22BR,2BA$1.38
Paradise FallsNiagara1BR,1BA$1.43
Escarlata 29One Bedroom1BR,1BA$1.53

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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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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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.

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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.

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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 $849.

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

The lowest price for a Cheap One Bedroom Paradise Valley Apartment is $900 at Windsprings 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 $975 at 2813 E Paradise Ln.

What is the most affordable Paradise Valley Three Bedroom Apartment?

The best deal on a cheap Paradise Valley Three Bedroom Apartment rental is at Revive 25 Apartments and starts from $1,167.

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

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A Local Expert's Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

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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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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.

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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.

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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.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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