Cheap Homes for Rent in Park Place Neighborhood of Phoenix, AZ from $700 (18 Rentals)

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

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-18, Page 1 of 1

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 San Jose Manor priced from $949. Waterstone has the second lowest priced unit, which is a Studio apartment currently listed from $955. Here are the most affordable Park Place apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
San Jose ManorStudioStudio,1BA$949
WaterstoneStudio S1-450Studio,1BA$955
Madera Point ApartmentsA11BR,1BA$978
Emerald ApartmentsStudioStudio,1BA$995
Sorrento ApartmentsStudio, One-BathroomStudio,1BA$995

Best Value Apartments for Rent in Park Place, AZ

As of June 20, 2025 the best value apartment in the Park Place area is the $1.21 price per square foot B1 Model at Avenue 8 in the in the South Phoenix neighborhood starting from $1,327. The second greatest value Park Place apartment is the 2x2 1062 Model at Waterford Place starting at $1,499 with a $1.41 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$1.21
Waterford Place2x2 10622BR,2BA$1.41
Lemon & Pear Tree Apartments2x2 G2BR,2BA$1.58
La Costa at Dobson RanchC22BR,2BA$1.58
Del Coronado2 Bedroom 2 Bath - B12BR,2BA$1.33
Clare Feldstadt ITwo Bedroom2BR,1BA$1.44
Sycamore Square Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.54
Aventerra at Dobson Ranch ApartmentsA11BR,1BA$1.58
PennytreeA11BR,1BA$1.54
District at Fiesta ParkA1 - 1 Bed | 1 Bath1BR,1BA$1.61

Quick Rent Budget Calculator

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Frequently Asked Questions about Park Place

What type of rentals are currently available in Park Place?

There are currently 114 Apartments for Rent in Park Place, AZ with pricing that ranges from $960 to $6,734. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $700 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 $700 to $5,500 with an average monthly rent of $2,012.

How much are larger Three and Four Bedroom Rentals in Park Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Place range from $1,300 to $6,734, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,399.

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.

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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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.