Cheap Homes for Rent in Paradise Valley Neighborhood of Phoenix, AZ from $700 (23 Rentals)

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

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property at 13440 N 44th St

$1,475

1 Bedroom, 1 Bath Condo for Rent

Available Now

13440 N 44th St

PhoenixAZ85032

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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 The Summit Apartments priced from $750. 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
The Summit ApartmentsStudioStudio,1BA$750
Tides on East CactusStudioStudio,1BA$800
Rancho La FuenteOne Bed, One Bath1BR,1BA$850
CeliaOrchid1BR,1BA$1,037
Windsprings Apartments1 X 11BR,1BA$1,050

Best Value Apartments for Rent in Paradise Valley, AZ

As of January 12, 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 B2 (Topaz) Model at Sonterra Apartments at Paradise Valley starting at $1,750 with a $1.64 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
Sonterra Apartments at Paradise ValleyB2 (Topaz)2BR,2BA$1.64
Sun Terrace Apartments2 Bedroom2BR,2BA$1.44
Paradise Greens2 Bedroom2BR,2BA$1.16
The Bella2x2AR1T32BR,2BA$1.65
Zen Senior LivingLotus2BR,2BA$1.54
Palo BreaTwo Bedroom One Bath2BR,1BA$1.53
Two | Five Greenway ApartmentsB1 Classic W&D2BR,1BA$1.56
Paradise FallsNiagara1BR,1BA$1.53
Rancho La FuenteOne Bed, One Bath1BR,1BA$1.49

Frequently Asked Questions about Paradise Valley

What type of rentals are currently available in Paradise Valley?

There are currently 193 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $750 to $9,137. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $795 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 $795 to $15,000 with an average monthly rent of $3,043.

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 $1,167 to $2,804, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $10,499. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $3,742.

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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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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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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Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

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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

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Everything is a negotiation in real estate!