Cheap Homes for Rent in Paradise Valley Neighborhood of Phoenix, AZ from $900 (21 Rentals)

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

property at 16402 N 31st St

16402 N 31st St

PhoenixAZ85032
property at 13440 N 44th St

13440 N 44th St

PhoenixAZ85032
property at 16021 N 30th St

16021 N 30th St

PhoenixAZ85032

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 Rancho La Fuente priced from $899. Tides on East Cactus has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Paradise Valley apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Rancho La FuenteOne Bed, One Bath1BR,1BA$899
Tides on East CactusStudioStudio,1BA$900
Elara at Paradise ValleyA1Studio,1BA$916
Paradise FallsNiagara1BR,1BA$935
The Charleston0 Bed/1 BathStudio,1BA$999

Best Value Apartments for Rent in Paradise Valley, AZ

As of October 13, 2025 the best value apartment in the Paradise Valley area is the $1.43 price per square foot 2BD-2BA W/Den Model at Vida46 in the in the North Phoenix neighborhood starting from $1,725. The second greatest value Paradise Valley apartment is the 2x2 1200 Model at Waterford On Tatum starting at $1,449 with a $1.21 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.
Vida462BD-2BA W/Den2BR,2BA$1.43
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$1.43
2937 E Beck Ln, Unit #32937 E Beck Ln2BR,2BA$1.37
Buenas Paradise Valley$350 TOTAL MOVE-IN2BR,1BA$1.41
Paradise Village ApartmentsTwo Bedroom Small2BR,1BA$1.38
Palo BreaTwo Bedroom One Bath2BR,1BA$1.49

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Paradise Valley, Phoenix, AZ

Ranked #83

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Paradise Valley

What type of rentals are currently available in Paradise Valley?

There are currently 202 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $779 to $12,851. There are also 138 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $901 to $15,000.

What is the current price range for Rental Homes in Paradise Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Paradise Valley ranges from $901 to $15,000 with an average monthly rent of $3,062.

How much are larger Three and Four Bedroom Rentals in Paradise Valley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Paradise Valley range from $1,525 to $3,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $12,000. Four Bedroom Single-Family rentals are also available starting from $1,939 and Four Bedroom Apartments start at $6,659.

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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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.

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.