
Cheap Homes for Rent in Park Place Neighborhood of Phoenix, AZ from $700 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Phoenix.


2080 E Greenway Dr

1253 S Revere

461 W Holmes Ave

260 W 8th Ave

1651 S Dobson Rd

445 S Dobson Rd
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1651 S Dobson Rd

1620 W Southern Ave

1718 S Longmore

1904 S Shannon Dr

1248 S Vineyard

1360 W Isabella Ave

1620 W Southern Ave
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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

859 S Ext Rd

830 S Dobson Rd

445 S Dobson Rd

1651 S Dobson Rd

855 W Southern Ave

1360 W Isabella Ave
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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.

1248 S Vineyard

2146 W Isabella Ave

1651 S Dobson Rd

533 W Guadalupe Rd

1620 W Southern Ave

1342 W Emerald Ave

533 W Guadalupe Rd
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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 | $1,579 | $899 | $2,495 |
| Park Place 3 Bedroom Homes for Rent | $2,394 | $1,399 | $8,000 |
| Park Place 4 Bedroom Homes for Rent | $2,887 | $1,899 | $5,500 |
| Park Place 5 Bedroom Homes for Rent | $2,778 | $800 | $5,000 |
| Park Place 6 Bedroom Homes for Rent | $700 | $700 | $700 |
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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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. 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 |
|---|---|---|---|
| Waterstone | Studio S1-450 | Studio,1BA | $925 |
| San Jose Manor | 0BR/1.0BA | Studio,1BA | $939 |
| District at Fiesta Park | A1 - 1 Bed | 1 Bath | 1BR,1BA | $948 |
| Pennytree | S1 | Studio,1BA | $950 |
| The Place at El Prado | A1 | 1BR,1BA | $974 |
| Central on Broadway | B | Studio,1BA | $985 |
| Emerald Apartments | Studio | Studio,1BA | $995 |
| Sorrento Apartments | One-Bedroom, One-Bathroom (A) | 1BR,1BA | $995 |
| The Flats | E1 | 1BR,1BA | $999 |
| Aspire Mesa | One Bedroom | 1BR,1BA | $999 |
Best Value Apartments for Rent in Park Place, AZ
As of December 09, 2025 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 $1,200. The second greatest value Park Place apartment is the 2x2 1062 Model at Waterford Place starting at $1,559 with a $1.47 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 |
| Waterford Place | 2x2 1062 | 2BR,2BA | $1.47 |
| Lemon & Pear Tree Apartments | 2x2 G | 2BR,2BA | $1.44 |
| Villatree Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.35 |
| The Julia | Two Bedroom | 2BR,2BA | $1.20 |
| Clare Feldstadt I | Two Bedroom | 2BR,1BA | $1.22 |
| Garden Place | 2A Single Level | 2BR,1BA | $1.47 |
| Aventerra at Dobson Ranch Apartments | B1 | 2BR,1BA | $1.48 |
| San Posada | ONE BED/ONE BATH (241-1a) | 1BR,1BA | $1.42 |
| Del Coronado | 1 Bedroom 1 Bath - A2 | 1BR,1BA | $1.42 |
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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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.
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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 #40
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 121 Apartments for Rent in Park Place, AZ with pricing that ranges from $898 to $10,619. There are also 124 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 $1,814.
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

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.

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.