Cheap Apartments for Rent in the South Mountain Highland Terrace Neighborhood of Phoenix, AZ from $600 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Mountain Highland Terrace area of Phoenix.

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.

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property at 1410 S 24th Ave

1410 S 24th Ave

PhoenixAZ85009
property at 4619 S 16th St

4619 S 16th St

PhoenixAZ85040

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.

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property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

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.

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property at 23 E Illini St

23 E Illini St

PhoenixAZ85040
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Foothills Village
1 to 4 Bedroom Apartments

Foothills Village

920 W Alta Vista RdPhoenix, AZ 85041

Cash 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.

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Arbor Village
Studio to 2 Bedroom Apartments

Arbor Village

8028 S Central AvePhoenix, AZ 85042
  • Utilities Included
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Sunland Flats
2 to 3 Bedroom Apartments

Sunland Flats

225 W Sunland AvePhoenix, AZ 85041
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9605 S 48th St
1 to 2 Bedroom Apartments

9605 S 48th St

9605 S 48th StPhoenix, AZ 85044
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Topaz Pointe
2 to 3 Bedroom Apartments

Topaz Pointe

2140 E Broadway RdPhoenix, AZ 85040
  • Utilities Included
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The Quinn Apartments
Studio to 1 Bedroom Apartments

The Quinn Apartments

5121 E La Puente AvePhoenix, AZ 85044
  • Utilities Included

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.

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South Mountain Highland Terrace, Phoenix, AZ Local Guide

Cheapest Available South Mountain Highland Terrace Apartments for Rent

 

The cheapest available apartment rental in the South Mountain Highland Terrace area of Phoenix, AZ is a Studio unit found at Victory Place I-IV priced from $720. Elevate at South Mountain has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable South Mountain Highland Terrace apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Victory Place I-IVStudioStudio,1BA$720
Elevate at South MountainA1Studio,1BA$900
Ascent on BroadwayTwo Bedroom2BR,1BA$926
Grandfamilies PlaceTwo Bedroom x Two Bathroom2BR,2BA$937
Mountain VistaCountry StyleStudio,1BA$950
Butler RidgeA11BR,1BA$984
The Pointe at South Mountain1 Bedroom 1 Bathroom B1BR,1BA$1,050
Apex on Centralap-11uwd1BR,1BA$1,075
Esteban ParkVitality1BR,1BA$1,081
Sunrise VistaStudioStudio,1BA$1,090

Best Value Apartments for Rent in South Mountain Highland Terrace, AZ

As of November 02, 2025 the best value apartment in the South Mountain Highland Terrace area is the $1.20 price per square foot 4 Bed/2 Bath Model at Banyan Preserve in the in the South Phoenix neighborhood starting from $2,174. The second greatest value South Mountain Highland Terrace apartment is the Alpine - 2 Bedrooms 2.5 Bathrooms Model at Elevation Townhomes starting at $2,095 with a $1.18 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for South Mountain Highland Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Banyan Preserve4 Bed/2 Bath4BR,2BA$1.20
Elevation TownhomesAlpine - 2 Bedrooms 2.5 Bathrooms2BR,2.5BA$1.18
Raymond Place Townhomes4 bed 3 bath4BR,3BA$1.28
Stone View on 7thD24BR,2.5BA$1.28
Banyan at South Mountain4 Bed/2.5 Bath4BR,2.5BA$1.38
Grandfamilies PlaceThree Bedroom x Two Bathroom3BR,2BA$1.07
Portola South Mountain2 Bedroom R2BR,2BA$1.40
Ascent on BroadwayTwo Bedroom2BR,1BA$1.16
Carlyle at South MountainA11BR,1BA$1.48
Butler RidgeA11BR,1.5BA$1.43

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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A 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.

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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.

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The 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.

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Expert'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

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Quick 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.

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Pet Friendly Lifestyle
South Mountain Highland Terrace, Phoenix, AZ

Ranked #51

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
South Mountain Highland Terrace, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States including South Mountain Highland Terrace, Phoenix, and the greater Phoenix area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap South Mountain Highland Terrace Apartments

What is the Cheapest Studio apartment in South Mountain Highland Terrace?

Currently the most affordable Cheap Studio Apartment in South Mountain Highland Terrace is at Victory Place I-IV listed at $720.

How much is rent for a Cheap One Bedroom South Mountain Highland Terrace Apartment?

The lowest price for a Cheap One Bedroom South Mountain Highland Terrace Apartment is $912 at Victory Place I-IV.

What is the lowest price for a Cheap Two Bedroom South Mountain Highland Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Mountain Highland Terrace is starting from $926 at Ascent on Broadway.

What is the most affordable South Mountain Highland Terrace Three Bedroom Apartment?

The best deal on a cheap South Mountain Highland Terrace Three Bedroom Apartment rental is at Grandfamilies Place and starts from $1,215.

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.

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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).

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.