
Cheap Homes for Rent in Park Place Neighborhood of Phoenix, AZ from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Phoenix.


260 W 8th Ave

1651 S Dobson Rd

1651 S Dobson Rd

653 W Guadalupe Rd
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.

623 W Guadalupe Rd

1248 S Vineyard

1360 W Isabella Ave

1248 S Vineyard

859 S Ext Rd
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.

855 W Southern Ave

830 S Dobson Rd

1360 W Isabella Ave

1651 S Dobson Rd

1645 W Baseline Rd, Unit #2170
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.

461 W Holmes Ave
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 | $1,594 | $899 | $2,400 |
Park Place 3 Bedroom Homes for Rent | $2,414 | $1,595 | $8,000 |
Park Place 4 Bedroom Homes for Rent | $2,883 | $1,850 | $5,500 |
Park Place 5 Bedroom Homes for Rent | $3,747 | $2,495 | $5,000 |
Park Place 6 Bedroom Homes for Rent | $2,097 | $700 | $3,495 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Waterstone | Studio S1-380 | Studio,1BA | $925 |
Central on Broadway | A | Studio,1BA | $930 |
San Jose Manor | 0BR/1.0BA | Studio,1BA | $939 |
Madera Point Apartments | A1 | 1BR,1BA | $941 |
Pennytree | S1 | Studio,1BA | $950 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Avenue 8 | B1 | 2BR,2BA | $0.99 |
Waterford Place | 2x2 1062 | 2BR,2BA | $1.38 |
La Costa at Dobson Ranch | C2 | 2BR,2BA | $1.34 |
Westmount at Urban Trails | B1 | 2BR,1BA | $1.45 |
Clare Feldstadt I | Two Bedroom | 2BR,1BA | $1.22 |
Sorrento Apartments | Two-Bedroom, Two-Bathroom (A) | 2BR,2BA | $1.48 |
Twin Palms | Two-Bedroom Two-Bathroom | 2BR,2BA | $1.49 |
San Posada | ONE BED/ONE BATH (241-1a) | 1BR,1BA | $1.42 |
Sahara and Playa Palms | 1x1 WD - G | 1BR,1BA | $1.46 |
The Julia | One Bedroom | 1BR,1BA | $1.53 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestylePark Place, Phoenix, AZ
Ranked #42
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
Frequently Asked Questions about Park Place
What type of rentals are currently available in Park Place?
There are currently 128 Apartments for Rent in Park Place, AZ with pricing that ranges from $899 to $13,600. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $700 to $8,000.
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 $8,000 with an average monthly rent of $2,147.
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 $1,649 to $3,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $8,000. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,550.
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).

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.