
Cheap Homes for Rent in Park Place Neighborhood of Phoenix, AZ from $900 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Phoenix.


1248 S Vineyard

859 S Ext Rd

1331 W Baseline Rd

530 S Alma School Rd

1248 S Vineyard
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.

720 S Dobson Rd

1620 W Southern Ave

533 W Guadalupe Rd

949 S Longmore

530 S Alma School Rd

530 S Alma School Rd
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.

623 W Guadalupe Rd

855 W Southern Ave

818 S Westwood

949 S Longmore

1406 W Emerald Ave

1942 S Emerson
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

1620 W Southern Ave

1920 W Lindner Ave

2040 S Longmore

1225 N Arizona Ave

Furnished Studio-Phoenix - Mesa - West

2134 E Broadway Rd
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.

1342 W Emerald Ave

658 S Grand
Park Place, Phoenix, AZ Local Guide

How much does it cost to rent a home in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place 2 Bedroom Homes for Rent | $1,613 | $1,245 | $2,400 |
| Park Place 3 Bedroom Homes for Rent | $2,503 | $1,600 | $5,000 |
| Park Place 4 Bedroom Homes for Rent | $3,369 | $2,295 | $5,500 |
| Park Place 5 Bedroom Homes for Rent | $4,462 | $2,415 | $5,600 |
Browse Homes for Rent in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Phoenix, AZ.
Explore Phoenix
Park Place, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Pennytree priced from $900. San Jose Manor has the second lowest priced unit, which is a Studio apartment currently listed from $939. Here are the most affordable Park Place apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pennytree | S1 | Studio,1BA | $900 |
| San Jose Manor | 0BR/1.0BA | Studio,1BA | $939 |
| District at Fiesta Park | A1 - 1 Bed | 1 Bath | 1BR,1BA | $942 |
| The Flats | E1 | Studio,1BA | $950 |
| Central on Broadway | A | Studio,1BA | $987 |
| Willow Creek | 1X1-630 | 1BR,1BA | $999 |
| Sahara and Playa Palms | 1x1 WD | 1BR,1BA | $1,007 |
| Villatree Apartments | Studio | Studio,1BA | $1,041 |
| Broadway Vista | Studio | Studio,1BA | $1,056 |
| Shorebird | Unfurnished Studio | Studio,1BA | $1,059 |
Best Value Apartments for Rent in Park Place, AZ
As of March 24, 2026 the best value apartment in the Park Place area is the $1.32 price per square foot 2 Bed 2 Bath LG Model at Waterford Place in the in the South Phoenix neighborhood starting from $1,479. The second greatest value Park Place apartment is the B1 Model at Avenue 8 starting at $1,097 with a $1.00 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. |
|---|---|---|---|
| Waterford Place | 2 Bed 2 Bath LG | 2BR,2BA | $1.32 |
| Avenue 8 | B1 | 2BR,2BA | $1.00 |
| Lemon & Pear Tree Apartments | 2x2 G | 2BR,2BA | $1.38 |
| Vista Valley | B1 | 2BR,2BA | $1.30 |
| Garden Place | 2B | 2BR,2BA | $1.37 |
| The Julia | Two Bedroom | 2BR,2BA | $1.37 |
| Clare Feldstadt I | Two Bedroom | 2BR,1BA | $1.22 |
| The Quin | Two Bedroom Renovated | 2BR,1BA | $1.42 |
| Aspire Mesa | Two Bedroom | 2BR,1BA | $1.52 |
| Sahara and Playa Palms | 1x1 WD - G | 1BR,1BA | $1.46 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleA 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 ArticleThe 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 ArticleCash 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 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 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 #39
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
School data provided by Great Schools
Frequently Asked Questions about Park Place
What type of rentals are currently available in Park Place?
There are currently 116 Apartments for Rent in Park Place, AZ with pricing that ranges from $899 to $6,321. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $959 to $5,600.
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 $959 to $5,600 with an average monthly rent of $2,662.
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 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).

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.

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.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.

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.