
Cheap Apartments for Rent in the Park Place Neighborhood of Phoenix, AZ from $729 (87 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Phoenix.


Pennytree

District at Fiesta Park

Central on Broadway

San Jose Manor

Total Monthly Price
The Flats

Shorebird

Broadway Vista

Emerald Apartments

Total Monthly Price
Villatree Apartments
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Willow Creek

Stonegate Furnished

Vista Valley

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Waterstone

Twin Palms

The Place at El Prado

Sandstone Apartments

1138 W Dragoon Cir

Total Monthly Price
Villetta

Total Monthly Price
The Julia
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Total Monthly Price
Madera Point Apartments

Total Monthly Price
Westmount at the District Apartments

Garden Place

Verona Park

The Quin

Total Monthly Price
Aventerra at Dobson Ranch Apartments

Sahara and Playa Palms

530 S Alma School Rd

530 S Alma School Rd

530 S Alma School Rd
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Clare Feldstadt I

Del Coronado

Beacon at 601

733 S Morris, Unit 1

Aspire Mesa

Villa Fiesta

2134 E Broadway Rd, Unit 3052

533 W Guadalupe Rd, Unit 1067

Southern Avenue Villas

Total Monthly Price
The Joshua Apartments
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54 W Southern Ave

530 S Alma School Rd

1916 W Jerome Ave

461 W Holmes Ave

Vetra Mesa

533 W Guadalupe Rd

461 W Holmes Ave

461 W Holmes Ave, Unit 179

715 S Ext Rd

Landing at Fiesta Village
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Park Place, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place Studio Apartments | $1,096 | $899 | $1,649 |
| Park Place 1 Bedroom Apartments | $1,249 | $831 | $9,999 |
| Park Place 2 Bedroom Apartments | $1,534 | $1,100 | $3,083 |
| Park Place 3 Bedroom Apartments | $2,089 | $1,607 | $3,207 |
| Park Place 4 Bedroom Apartments | $5,930 | $4,993 | $7,778 |
Browse Apartments in this Neighborhood
There are currently 87 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Phoenix, AZ.
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Park Place, Phoenix, AZ Local Guide
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Cheapest Available Park Place Apartments for Rent
 The cheapest available apartment rental in the Park Place area of Phoenix, AZ is a 1 Bed unit found at Clifford priced from $831. Pennytree has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Park Place apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clifford | A1 | 1BR,1BA | $831 |
| Pennytree | S1 | Studio,1BA | $900 |
| District at Fiesta Park | A1: 1 Bed 1 Bath | 1BR,1BA | $922 |
| San Jose Manor | 0BR/1.0BA | Studio,1BA | $949 |
| Rise at The District | A1 Classic | 1BR,1BA | $965 |
| Broadway Vista | Studio | Studio,1BA | $999 |
| The Flats | A2 | 1BR,1BA | $1,015 |
| Emerald Apartments | Studio | Studio,1BA | $1,025 |
| Central on Broadway | I | Studio,1BA | $1,025 |
| Willow Creek | 1X1-630 | 1BR,1BA | $1,041 |
Best Value Apartments for Rent in Park Place, AZ
As of August 27, 2026 the best value apartment in the Park Place area is the $1.26 price per square foot B1 Bronze Model at Rise Valley Heights in the in the South Phoenix neighborhood starting from $1,385. The second greatest value Park Place apartment is the 2x2 G Model at Lemon & Pear Tree Apartments starting at $1,550 with a $1.49 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rise Valley Heights | B1 Bronze | 2BR,2BA | $1.26 |
| Lemon & Pear Tree Apartments | 2x2 G | 2BR,2BA | $1.49 |
| Vista Valley | B1 | 2BR,2BA | $1.36 |
| Verona Park | B2: 2 Bed 2 Bath | 2BR,2BA | $1.53 |
| Tempe Vista | 2x1 900sf Avanti Reno | 2BR,1BA | $1.49 |
| Sycamore Square Apartments | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.40 |
| Rise at The District | B1 Platinum | 2BR,1BA | $1.54 |
| Mesa Ridge | 1/1 no w/d | 1BR,1BA | $1.46 |
| The Julia | One Bedroom | 1BR,1BA | $1.57 |
| The Flats | A2 | 1BR,1BA | $1.56 |
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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Read ArticleDon'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.
Read ArticleExpert'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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestylePark Place, Phoenix, AZ
Ranked #32
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Park Place, Phoenix, AZ
Washington Elementary School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States including Park Place, Phoenix, and the greater Phoenix area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Park Place Apartments
What is the Cheapest Studio apartment in Park Place?
Currently the most affordable Cheap Studio Apartment in Park Place is at Clifford listed at $899.
How much is rent for a Cheap One Bedroom Park Place Apartment?
The lowest price for a Cheap One Bedroom Park Place Apartment is $831 at Clifford.
What is the lowest price for a Cheap Two Bedroom Park Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Park Place is starting from $1,143 at Villatree Apartments.
What is the most affordable Park Place Three Bedroom Apartment?
The best deal on a cheap Park Place Three Bedroom Apartment rental is at Central on Broadway and starts from $1,607.
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

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
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I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

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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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Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.