
Cheap Apartments for Rent in the Park Place Neighborhood of Phoenix, AZ from $700 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Phoenix.


Central on Broadway

1620 W Southern Ave

District at Fiesta Park

Villatree Apartments

San Jose

Emerald Apartments

1030 S Dobson Rd

The Flats
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Aspire Mesa

Pennytree

1718 S Longmore

2435 E Balboa Dr

Fiesta Village Furnished - Utilities Included

Garden Place

Aventerra at Dobson Ranch Apartments

Madera Point Apartments

Broadway Vista

Stonegate Furnished

Willow Creek
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Waterstone

Sandstone Apartments

1651 S Dobson Rd

The Place at El Prado

The Julia

Shorebird

Verona Park
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Vista Valley

Sahara and Playa Palms

310 W 8th Ave

461 W Holmes Ave

1360 W Isabella Ave

1248 S Vineyard

1362 S Vineyard

Aqua Apartments

Beacon at 601

Twin Palms

Tempe Vista

Villa Fiesta

The Joshua Apartments
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461 W Holmes Ave, Unit 374

1133 W Frito Ave

2535 W Broadway Rd
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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 | $1,164 | $906 | $3,342 |
Park Place 1 Bedroom Apartments | $1,394 | $896 | $4,145 |
Park Place 2 Bedroom Apartments | $1,736 | $1,073 | $5,102 |
Park Place 3 Bedroom Apartments | $2,616 | $1,691 | $5,972 |
Park Place 4 Bedroom Apartments | $2,795 | $2,795 | $2,795 |
Browse Apartments in this Neighborhood
There are currently 61 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 District at Fiesta Park priced from $972. Villatree Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $983. Here are the most affordable Park Place apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
District at Fiesta Park | A1 - 1 Bed | 1 Bath | 1BR,1BA | $972 |
Villatree Apartments | Studio | Studio,1BA | $983 |
Emerald Apartments | Studio | Studio,1BA | $995 |
Aspire Mesa | One Bedroom | 1BR,1BA | $999 |
The Flats | E1 | Studio,1BA | $999 |
Pennytree | S1 | Studio,1BA | $1,000 |
Westmount at Urban Trails | S1 | Studio,1BA | $1,014 |
Fiesta Village Furnished - Utilities Included | Studio Furnished incl Utilities | Studio,1BA | $1,025 |
Sorrento Apartments | Studio, One-Bathroom | Studio,1BA | $1,035 |
Aventerra at Dobson Ranch Apartments | A1 | 1BR,1BA | $1,058 |
Best Value Apartments for Rent in Park Place, AZ
As of August 28, 2025 the best value apartment in the Park Place area is the $1.17 price per square foot B1 Model at Avenue 8 in the in the South Phoenix neighborhood starting from $1,292. The second greatest value Park Place apartment is the 2x2 1062 Model at Waterford Place starting at $1,469 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Avenue 8 | B1 | 2BR,2BA | $1.17 |
Waterford Place | 2x2 1062 | 2BR,2BA | $1.38 |
Lemon & Pear Tree Apartments | 2x2 G | 2BR,2BA | $1.49 |
La Costa at Dobson Ranch | C2 | 2BR,2BA | $1.52 |
The Julia | Two Bedroom | 2BR,2BA | $1.41 |
Clare Feldstadt I | Two Bedroom | 2BR,1BA | $1.44 |
Aventerra at Dobson Ranch Apartments | B1 | 2BR,1BA | $1.56 |
Sycamore Square Apartments | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.54 |
San Posada | ONE BED/ONE BATH (241-1a) | 1BR,1BA | $1.42 |
District at Fiesta Park | A1 - 1 Bed | 1 Bath | 1BR,1BA | $1.56 |
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.
Pet Friendly LifestylePark Place, Phoenix, AZ
Ranked #46
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 Villatree Apartments listed at $983.
How much is rent for a Cheap One Bedroom Park Place Apartment?
The lowest price for a Cheap One Bedroom Park Place Apartment is $972 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 $1,073 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 $1,691.
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.

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).

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Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.