Cheap Apartments for Rent in the South Mountain Highland Terrace Neighborhood of Phoenix, AZ from $600 (85 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Avana Cordoba
Rent Specials
$952 - $8,919
Total Monthly Price

Total Monthly Price

Base Rent
$952 - $8,919
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Avana Cordoba

4520 E Baseline RdPhoenix, AZ 85042
Affordability
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  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 10610 S 48th St

$1,199 - $1,900

1 To 2 Bedroom Rentals

Available Now

10610 S 48th St

PhoenixAZ85044

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Esteban Park
Rent Specials
$1,413 - $2,035
Total Monthly Price

Total Monthly Price

Base Rent
$1,413 - $2,035
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1 to 3 Bedroom Apartments Available Now

Esteban Park

5611 S 32nd StPhoenix, AZ 85040
Corporate Housing
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IMT Ahwatukee
$1,434 - $1,929
Total Monthly Price

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$1,434 - $1,929
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1 to 2 Bedroom Apartments Available Now

IMT Ahwatukee

5010 E Cheyenne DrPhoenix, AZ 85044
Corporate Housing
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  • 3D Tour

Your Essential Local Experts Phoenix Relocation Guide: Housing, Utilities, and Local Tips

Your complete checklist for relocating to the Phoenix metro area. Easily navigate housing, set up electricity and gas with provider links, handle vehicle registration, and learn local regulations.

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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 2 Beds unit found at South Summit Estates priced from $631. Sunrise Vista has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable South Mountain Highland Terrace apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
South Summit EstatesTwo Bedroom One Bathroom2BR,1BA$631
Sunrise VistaStudioStudio,1BA$650
Victory Place I-IVStudioStudio,1BA$720
Mountain VistaCountry StyleStudio,1BA$950
Butler RidgeA1: 1 Bed 1 Bath1BR,1BA$1,093
The Quinn ApartmentsStudioStudio,1BA$1,100
Apex on Centralap-21u2BR,1BA$1,125
Tanner Manor ApartmentsBudget-Friendly 55+ Living – 2x1 Only $1,133 + ...2BR,1BA$1,133

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

As of April 28, 2026 the best value apartment in the South Mountain Highland Terrace area is the $1.24 price per square foot 4 Bed/2 Bath Model at Banyan Preserve in the in the South Phoenix neighborhood starting from $2,249. The second greatest value South Mountain Highland Terrace apartment is the Alpine - 2 Bedrooms 2.5 Bathrooms Model at Elevation Townhomes starting at $2,145 with a $1.21 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$1.24
Elevation TownhomesAlpine - 2 Bedrooms 2.5 Bathrooms2BR,2.5BA$1.21
2828 E Chipman Rd, Unit 12828 E Chipman Rd3BR,2BA$1.03
Stone View on 7thD14BR,2.5BA$1.48
Woodgate Townhomes3 BED 2.5 BATH3BR,2.5BA$1.30
2813 E Dunbar Dr, Unit 2813 E Dunbar Dr, Phoenix2813 E Dunbar Dr2BR,2BA$1.48
Esteban ParkSymmetry2BR,2BA$1.35
Lynne Village Apartments2bds2BR,1BA$1.36
Tanner Manor ApartmentsBudget-Friendly 55+ Living – 2x1 Only $1,133 + ...2BR,1BA$1.42
South Summit EstatesStudioStudio ,1BA$1.29

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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South Mountain Highland Terrace, Phoenix, AZ

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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 Sunrise Vista listed at $650.

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 $799 at Sunrise Vista.

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 $631 at South Summit Estates.

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 Lynne Village Apartments and starts from $1,308.

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

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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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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.

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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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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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.