
Cheap Apartments for Rent in the Park Place Neighborhood of Phoenix, AZ from $700 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Phoenix.


Total Monthly Price
Villatree Apartments

Total Monthly Price
Villetta

San Jose Manor

District at Fiesta Park

Total Monthly Price
The Flats

Willow Creek

Waterstone

Emerald Apartments

Stonegate Furnished
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.

1030 S Dobson Rd

The Quin

Total Monthly Price
Aspire Mesa

Sahara and Playa Palms

Broadway Vista

Shorebird

Total Monthly Price
The Julia

Verona Park

Fiesta Village Furnished - Utilities Included

Garden Place
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.

1248 S Vineyard

Total Monthly Price
Sandstone Apartments

Clare Feldstadt I

Central on Broadway

Sorrento Apartments

Twin Palms

Beacon at 601

Total Monthly Price
Madera Point Apartments

Total Monthly Price
Aventerra at Dobson Ranch Apartments

1362 S Vineyard
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

533 W Guadalupe Rd

The Place at El Prado

1406 W Emerald Ave

Aqua Apartments

625 S Westwood

Villa Fiesta

Waterford Place

445 S Dobson Rd

Total Monthly Price
Be Mesa

1620 W Southern Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

948 S Alma School Rd

Fiesta Village MH & RV Resort

Pine Gardens

2080 E Greenway Dr

461 W Holmes Ave

Country Cove Apartments

Rise at The District

1248 S Vineyard

445 S Dobson Rd

San Posada
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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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 | $1,078 | $911 | $1,679 |
| Park Place 1 Bedroom Apartments | $1,274 | $942 | $2,670 |
| Park Place 2 Bedroom Apartments | $1,491 | $1,095 | $2,617 |
| Park Place 3 Bedroom Apartments | $2,294 | $1,714 | $3,272 |
Browse Apartments in this Neighborhood
There are currently 60 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 Studio unit found at Pennytree priced from $900. Villetta has the second lowest priced unit, which is a Studio apartment currently listed from $919. Here are the most affordable Park Place apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pennytree | S1 | Studio,1BA | $900 |
| Villetta | S1 Platinum | Studio,1BA | $919 |
| San Jose Manor | 0BR/1.0BA | Studio,1BA | $939 |
| District at Fiesta Park | A1 - 1 Bed | 1 Bath | 1BR,1BA | $942 |
| The Flats | E1 | Studio,1BA | $950 |
| Willow Creek | STDO-405 | 1BR, | $975 |
| Stonegate Furnished | Studio Furnished | Studio,1BA | $995 |
| Waterstone | Studio S1-450 | Studio,1BA | $1,000 |
| The Quin | One Bedroom Renovated | 1BR,1BA | $1,025 |
| Sahara and Playa Palms | 1x1 WD - G | 1BR,1BA | $1,054 |
Best Value Apartments for Rent in Park Place, AZ
As of February 14, 2026 the best value apartment in the Park Place area is the $1.09 price per square foot B1 Model at Avenue 8 in the in the South Phoenix neighborhood starting from $1,198. The second greatest value Park Place apartment is the 2x2 G Model at Lemon & Pear Tree Apartments starting at $1,399 with a $1.34 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. |
|---|---|---|---|
| Avenue 8 | B1 | 2BR,2BA | $1.09 |
| Lemon & Pear Tree Apartments | 2x2 G | 2BR,2BA | $1.34 |
| The Julia | Two Bedroom | 2BR,2BA | $1.20 |
| Clare Feldstadt I | Two Bedroom | 2BR,1BA | $1.22 |
| San Posada | ONE BED/ONE BATH (241-1a) | 1BR,1BA | $1.42 |
| Waterford Place | 1x1 794 | 1BR,1BA | $1.58 |
| Aspire Mesa | Two Bedroom | 2BR,1BA | $1.39 |
| Sahara and Playa Palms | 1x1 WD - G | 1BR,1BA | $1.46 |
| Verona Park | 1 Bed - 1 Bath (Renovated) | 1BR,1BA | $1.58 |
| District at Fiesta Park | A2 - 1 Bed | 1 Bath | 1BR,1BA | $1.55 |
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.
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 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 #39
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 Pennytree listed at $900.
How much is rent for a Cheap One Bedroom Park Place Apartment?
The lowest price for a Cheap One Bedroom Park Place Apartment is $942 at District at Fiesta Park.
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 $1,095 at The Quin.
What is the most affordable Park Place Three Bedroom Apartment?
The best deal on a cheap Park Place Three Bedroom Apartment rental is at Exchange on the 8 and starts from $1,714.
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

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).

Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
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.

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Written by: Andrew Jollett
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.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Written by: Andrew Jollett
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.