
Cheap Apartments for Rent in the Park Place Neighborhood of Phoenix, AZ from $700 (86 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Phoenix.


Total Monthly Price
The Flats

Shorebird

Clifford

Pennytree

District at Fiesta Park

San Jose Manor

Willow Creek

Total Monthly Price
Waterstone

Broadway Vista
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1718 S Longmore

Emerald Apartments

Stonegate Furnished

Total Monthly Price
Villetta

Central on Broadway

461 W Holmes Ave

Fiesta Village Furnished - Utilities Included

Garden Place

Sandstone Apartments

Total Monthly Price
The Julia
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.

1718 S Longmore

Total Monthly Price
Madera Point Apartments

Del Coronado

Total Monthly Price
Villatree Apartments

Verona Park

Twin Palms

The Quin

Total Monthly Price
Aventerra at Dobson Ranch Apartments

Total Monthly Price
Westmount at the District Apartments

530 S Alma School Rd
Cash 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.

530 S Alma School Rd

Clare Feldstadt I

Beacon at 601

The Place at El Prado

Vista Valley

Villa Fiesta

2134 E Broadway Rd, Unit 3052

653 W Guadalupe Rd, Unit 2015

Total Monthly Price
Be Mesa

Landing at Fiesta Village
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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.

Total Monthly Price
The Joshua Apartments

Southern Avenue Villas

La Costa at Dobson Ranch

2134 E Broadway Rd, Unit 1047

Waterford Place

530 S Alma School Rd

530 S Alma School Rd

Sahara and Playa Palms

Aspire Mesa

600 S Dobson Rd
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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,098 | $864 | $1,649 |
| Park Place 1 Bedroom Apartments | $1,287 | $899 | $2,998 |
| Park Place 2 Bedroom Apartments | $1,572 | $1,137 | $2,854 |
| Park Place 3 Bedroom Apartments | $2,126 | $1,749 | $3,207 |
| Park Place 4 Bedroom Apartments | $3,609 | $2,550 | $4,766 |
Browse Apartments in this Neighborhood
There are currently 86 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 The Flats priced from $864. Clifford has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Park Place apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Flats | E1 | Studio,1BA | $864 |
| Clifford | S1 | Studio,1BA | $899 |
| Shorebird | Unfurnished 1 Bedroom | 1BR,1BA | $899 |
| Pennytree | S1 | Studio,1BA | $900 |
| District at Fiesta Park | A1: 1 Bed 1 Bath | 1BR,1BA | $919 |
| San Jose Manor | 0BR/1.0BA | Studio,1BA | $939 |
| Rise at The District | A1 Classic | 1BR,1BA | $945 |
| Willow Creek | 1X1-630 | 1BR,1BA | $985 |
| Waterstone | Studio S1-380 | Studio,1BA | $985 |
| Broadway Vista | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Park Place, AZ
As of July 12, 2026 the best value apartment in the Park Place area is the $1.53 price per square foot 3x2a WD - G Model at Sahara and Playa Palms in the in the South Phoenix neighborhood starting from $1,825. The second greatest value Park Place apartment is the B1 Bronze Model at Rise Valley Heights starting at $1,395 with a $1.27 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. |
|---|---|---|---|
| Sahara and Playa Palms | 3x2a WD - G | 3BR,2BA | $1.53 |
| Rise Valley Heights | B1 Bronze | 2BR,2BA | $1.27 |
| Lemon & Pear Tree Apartments | 2x2 | 2BR,2BA | $1.44 |
| The Julia | Two Bedroom | 2BR,2BA | $1.29 |
| Sycamore Square Apartments | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.43 |
| Vista Valley | A2 | 1BR,1BA | $1.61 |
| San Posada | ONE BED/ONE BATH (241-1a) | 1BR,1BA | $1.56 |
| Villa Fiesta | 1x1 770 | 1BR,1BA | $1.62 |
| Rise at The District | A1 Platinum | 1BR,1BA | $1.50 |
| District at Fiesta Park | A2: 1 Bed 1 Bath | 1BR,1BA | $1.48 |
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 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 The Flats listed at $864.
How much is rent for a Cheap One Bedroom Park Place Apartment?
The lowest price for a Cheap One Bedroom Park Place Apartment is $899 at Shorebird.
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 $1,045 at Rise at The District.
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 $1,749.
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 Expert's 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).

Expert's 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 Expert's 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.