
Cheap Homes for Rent in Park Place Neighborhood of Phoenix, AZ from $800 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Phoenix.


1904 S Shannon Dr

445 S Dobson Rd

1248 S Vineyard

533 W Guadalupe Rd

859 S Ext Rd

2855 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.

1248 S Vineyard

830 S Dobson Rd

623 W Guadalupe Rd

533 W Guadalupe Rd

1620 W Southern Ave

818 S Westwood

1645 W Baseline Rd, Unit 2170
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949 S Longmore

855 W Southern Ave

1342 W Emerald Ave

1620 W Southern Ave

623 W Guadalupe Rd

445 S Dobson Rd

949 S Longmore
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.

948 S Alma School Rd, Unit 61

625 S Westwood

1645 W Baseline Rd

1225 N Arizona Ave

Furnished Studio-Phoenix - Mesa - West

2333 E Southern Ave

2146 W Isabella Ave
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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.
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 | $1,635 | $1,245 | $2,400 |
| Park Place 3 Bedroom Homes for Rent | $2,418 | $1,399 | $5,000 |
| Park Place 4 Bedroom Homes for Rent | $3,139 | $1,989 | $5,500 |
| Park Place 5 Bedroom Homes for Rent | $2,877 | $800 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Phoenix, AZ.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villatree Apartments | One Bedroom One Bath | 1BR,1BA | $885 |
| Pennytree | S1 | Studio,1BA | $900 |
| Waterstone | Studio S1-380 | Studio,1BA | $909 |
| District at Fiesta Park | A1 - 1 Bed | 1 Bath | 1BR,1BA | $942 |
| Willow Creek | STDO-405 | 1BR, | $975 |
| Stonegate Furnished | Studio Furnished | Studio,1BA | $995 |
| The Flats | E1 | Studio,1BA | $995 |
| Emerald Apartments | Studio | Studio,1BA | $995 |
| Villetta | S1 Platinum | Studio,1BA | $1,017 |
| The Quin | One Bedroom Renovated | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avenue 8 | B1 | 2BR,2BA | $1.09 |
| Lemon & Pear Tree Apartments | 2x2 G | 2BR,2BA | $1.34 |
| Vista Valley | B1 | 2BR,2BA | $1.38 |
| The Julia | Two Bedroom | 2BR,2BA | $1.24 |
| Clare Feldstadt I | Two Bedroom | 2BR,1BA | $1.22 |
| Waterford Place | 1x1 867 | 1BR,1BA | $1.48 |
| San Posada | ONE BED/ONE BATH (241-1a) | 1BR,1BA | $1.42 |
| Sahara and Playa Palms | 2x1 WD | 2BR,1BA | $1.53 |
| Central on Broadway | D | 1BR,1BA | $1.51 |
| District at Fiesta Park | A2 - 1 Bed | 1 Bath | 1BR,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

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.

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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

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.

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.