Cheap Homes for Rent in Park Place Neighborhood of Phoenix, AZ from $800 (28 Rentals)

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

property at 445 S Dobson Rd

$1,010

1 Bedroom, 1 Bath Condo for Rent

Available Now

445 S Dobson Rd

MesaAZ85202
property at 1248 S Vineyard

$1,099

1 Bedroom, 1 Bath Condo for Rent

Available Now

1248 S Vineyard

MesaAZ85210
property at 2855 S Ext Rd

$1,245 - $2,495

2 Bedroom Rentals

Available Now

2855 S Ext Rd

MesaAZ85210

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.

property at 1248 S Vineyard

$1,250

2 Bedroom, 1 Bath Condo for Rent

Available Now

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.

property at 949 S Longmore

$1,389

1 Bedroom, 1 Bath Condo for Rent

Available Now

949 S Longmore

MesaAZ85202
property at 445 S Dobson Rd

$1,478

2 Bedroom, 2 Bath Condo for Rent

Available Now

445 S Dobson Rd

MesaAZ85202
property at 949 S Longmore

$1,485

2 Bedroom, 2 Bath Condo for Rent

Available Now

949 S Longmore

MesaAZ85202

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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 Villatree Apartments priced from $885. 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 ListingModel NameBed/BathPriced From
Villatree ApartmentsOne Bedroom One Bath1BR,1BA$885
PennytreeS1Studio,1BA$900
WaterstoneStudio S1-380Studio,1BA$909
District at Fiesta ParkA1 - 1 Bed | 1 Bath1BR,1BA$942
Willow CreekSTDO-4051BR,$975
Stonegate FurnishedStudio FurnishedStudio,1BA$995
The FlatsE1Studio,1BA$995
Emerald ApartmentsStudioStudio,1BA$995
VillettaS1 PlatinumStudio,1BA$1,017
The QuinOne Bedroom Renovated1BR,1BA$1,025

Best Value Apartments for Rent in Park Place, AZ

As of January 23, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Avenue 8B12BR,2BA$1.09
Lemon & Pear Tree Apartments2x2 G2BR,2BA$1.34
Vista ValleyB12BR,2BA$1.38
The JuliaTwo Bedroom2BR,2BA$1.24
Clare Feldstadt ITwo Bedroom2BR,1BA$1.22
Waterford Place1x1 8671BR,1BA$1.48
San PosadaONE BED/ONE BATH (241-1a)1BR,1BA$1.42
Sahara and Playa Palms2x1 WD2BR,1BA$1.53
Central on BroadwayD1BR,1BA$1.51
District at Fiesta ParkA2 - 1 Bed | 1 Bath1BR,1BA$1.54

Frequently Asked Questions about Park Place

What type of rentals are currently available in Park Place?

There are currently 122 Apartments for Rent in Park Place, AZ with pricing that ranges from $885 to $8,198. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $800 to $5,500.

What is the current price range for Rental Homes in Park Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Place ranges from $800 to $5,500 with an average monthly rent of $2,302.

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

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).

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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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

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.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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

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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.

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.