Cheap Apartments for Rent in the Park Place Neighborhood of Phoenix, AZ from $700 (68 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Park Place area of Phoenix.

property at 1651 S Dobson Rd

1651 S Dobson Rd

MesaAZ85202

Don'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 Article

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.

Read Article
property at 1248 S Vineyard

1248 S Vineyard

MesaAZ85210

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.

Read Article
property at 1362 S Vineyard

1362 S Vineyard

MesaAZ85210

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
close
View Me
Pine Gardens
2 Bedroom Apartments

Pine Gardens

206-212 W Southern AveMesa, AZ 85210
  • Utilities Included

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.

Read Article
Showing Results 1-50, Page 1 of 2

Park Place, Phoenix, AZ Local Guide

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 Waterstone priced from $925. Central on Broadway has the second lowest priced unit, which is a Studio apartment currently listed from $930. Here are the most affordable Park Place apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
WaterstoneStudio S1-380Studio,1BA$925
Central on BroadwayAStudio,1BA$930
San Jose Manor0BR/1.0BAStudio,1BA$939
Madera Point ApartmentsA11BR,1BA$941
PennytreeS1Studio,1BA$950
Villetta Apartment HomesB12BR,1BA$971
District at Fiesta ParkA1 - 1 Bed | 1 Bath1BR,1BA$972
Emerald ApartmentsStudioStudio,1BA$995
Willow CreekSTDO-405Studio,1BA$995
The FlatsE11BR,1BA$999

Best Value Apartments for Rent in Park Place, AZ

As of October 15, 2025 the best value apartment in the Park Place area is the $0.99 price per square foot B1 Model at Avenue 8 in the in the South Phoenix neighborhood starting from $1,093. The second greatest value Park Place apartment is the 2x2 1062 Model at Waterford Place starting at $1,464 with a $1.38 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Avenue 8B12BR,2BA$0.99
Waterford Place2x2 10622BR,2BA$1.38
La Costa at Dobson RanchC22BR,2BA$1.34
Westmount at Urban TrailsB12BR,1BA$1.45
Clare Feldstadt ITwo Bedroom2BR,1BA$1.22
Sorrento ApartmentsTwo-Bedroom, Two-Bathroom (A)2BR,2BA$1.48
Twin PalmsTwo-Bedroom Two-Bathroom2BR,2BA$1.49
San PosadaONE BED/ONE BATH (241-1a)1BR,1BA$1.42
Sahara and Playa Palms1x1 WD - G1BR,1BA$1.46
The JuliaOne Bedroom1BR,1BA$1.53

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
Park Place, Phoenix, AZ

Ranked #43

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Park Place, Phoenix, AZ

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 Waterstone listed at $925.

How much is rent for a Cheap One Bedroom Park Place Apartment?

The lowest price for a Cheap One Bedroom Park Place Apartment is $941 at Madera Point Apartments.

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 $971 at Villetta Apartment Homes.

What is the most affordable Park Place Three Bedroom Apartment?

The best deal on a cheap Park Place Three Bedroom Apartment rental is at Sahara and Playa Palms and starts from $1,649.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.