Cheap Apartments for Rent in the Sherwood Towne Neighborhood of Phoenix, AZ from $600 (127 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sherwood Towne area of Phoenix.

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Monterey Village
Rent Specials
$872 - $1,619
Total Monthly Price

Total Monthly Price

Base Rent
$872 - $1,619
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Monterey Village

4707 E McDowell RdPhoenix, AZ 85008
Affordability
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  • Customer Reviewed
  • Low Income
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Terrasol
Rent Specials
$895 - $2,231
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $2,231
Total Monthly Price
$895 - $2,231
1 to 2 Bedroom Apartments Available Now

Terrasol

1010 N 48th StPhoenix, AZ 85008
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  • Verified
  • Customer Reviewed
  • 3D Tour

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Alanza Place
Rent Specials
$1,314 - $2,905
Total Monthly Price

Total Monthly Price

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$1,314 - $2,905
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1 to 3 Bedroom Apartments Available Now

Alanza Place

1121 N 44th StPhoenix, AZ 85008
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Arcadia Cove
Rent Specials
$1,457 - $2,397
Total Monthly Price

Total Monthly Price

Base Rent
$1,457 - $2,397
Total Monthly Price
$1,457 - $2,397
1 to 3 Bedroom Apartments Available Now

Arcadia Cove

2252 N 44th StPhoenix, AZ 85008
Affordability
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  • Customer Reviewed
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property at 2228 N 52nd St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

2228 N 52nd St, Unit 119

2228 N 52nd St
PhoenixAZ85008
property at 3416 N 44th St

$1,500 - $2,500

1 To 2 Bedroom Rentals

Available Now

3416 N 44th St

PhoenixAZ85018

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Sherwood Towne, Phoenix, AZ Local Guide

Cheapest Available Sherwood Towne Apartments for Rent

 

The cheapest available apartment rental in the Sherwood Towne area of Phoenix, AZ is a Studio unit found at Prados Apartments at Arcadia priced from $799. Arcadia on 49th has the second lowest priced unit, which is a Studio apartment currently listed from $802. Here are the most affordable Sherwood Towne apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Prados Apartments at ArcadiaS1Studio,1BA$799
Arcadia on 49thS1: 0 Bed 1 BathStudio,1BA$802
Papago VistaJunior One Bedroom1BR,1BA$850
Monterey VillageS1 | StudioStudio,1BA$872
TerrasolA11BR,1BA$895
Arcadia Lofts1bd/1ba1BR,1BA$899
Santorini Villa Apartments1 Bedroom Santorini1BR,1BA$900
Papago Gardens ApartmentsSantorini Villas - 1 Bedroom1BR,1BA$900
Senara ApartmentsA3 Classic1BR,1BA$920
Harbor View Apartments1 lg1BR,1BA$945

Best Value Apartments for Rent in Sherwood Towne, AZ

As of August 18, 2026 the best value apartment in the Sherwood Towne area is the $1.00 price per square foot Two Bedroom Villas Model at Villas at Papago in the in the South Phoenix neighborhood starting from $1,125. The second greatest value Sherwood Towne apartment is the 2x2 Model at The Clubhouse at Arcadia starting at $1,699 with a $1.55 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Sherwood Towne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas at PapagoTwo Bedroom Villas2BR,1BA$1.00
The Clubhouse at Arcadia2x22BR,2BA$1.55
4127 Arcadia2X2A2BR,2BA$1.58
Galaxy Estates2 Beds, 1 Baths2BR,1BA$1.28
Arcadia Lofts1bd/1ba1BR,1BA$1.12
Palazzo TownhomesA11BR,1BA$1.57
Garden Terrace ApartmentsOne Bedroom1BR,1BA$1.50
Harbor View Apartments1 lg1BR,1BA$1.50
TerrasolA11BR,1BA$1.44
Santorini Villa Apartments1 Bedroom Santorini1BR,1BA$1.61

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Pet Friendly Lifestyle
Sherwood Towne, Phoenix, AZ

Ranked #34

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Sherwood Towne, Phoenix, AZ

School data provided by Great Schools

Frequently Asked Questions about Cheap Sherwood Towne Apartments

What is a cheap apartment in Sherwood Towne?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherwood Towne is under $945.

What is the price of a cheap apartment in Sherwood Towne?

The cheapest apartment in Sherwood Towne is Papago Vista which is listed at $850, while the average apartment in Sherwood Towne costs $1,533.

What types of apartments are the cheapest in Sherwood Towne?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 52 regular apartments in Sherwood Towne that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Sherwood Towne?

Cheap apartments in Sherwood Towne have an average cost of $326 which is $1,207 cheaper than the average rent for all rentals in Sherwood Towne.

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