Cheap Homes for Rent in Paradise Valley Neighborhood of Phoenix, AZ from $900 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-24, 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 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$959
Paradise Village ApartmentsOne Bedroom1BR,1BA$963
The Summit ApartmentsTwo Bedroom2BR,1BA$1,057

Best Value Apartments for Rent in Paradise Valley, AZ

As of August 27, 2025 the best value apartment in the Paradise Valley area is the $1.59 price per square foot 12212 N Paradise Village Pkwy W Model at 12212 N Paradise Village Pkwy W, Unit 121C in the in the North Phoenix neighborhood starting from $2,000. 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.
12212 N Paradise Village Pkwy W, Unit 121C12212 N Paradise Village Pkwy W2BR,2BA$1.59
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
The Summit ApartmentsTwo Bedroom2BR,1BA$1.41
CeliaOrchid1BR,1BA$1.46
Rancho La FuenteOne Bed, One Bath1BR,1BA$1.58

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

Pet Friendly Lifestyle
Paradise Valley, Phoenix, AZ

Ranked #84

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Paradise Valley, Phoenix, AZ

School data provided by Great Schools

Frequently Asked Questions about Paradise Valley

What type of rentals are currently available in Paradise Valley?

There are currently 198 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $748 to $16,380. There are also 142 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $995 to $12,000.

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 $995 to $12,000 with an average monthly rent of $3,919.

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 $1,399 to $7,033, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $12,000. Four Bedroom Single-Family rentals are also available starting from $1,180 and Four Bedroom Apartments start at $4,740.

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 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.