Cheap Homes for Rent in South Mountain Highland Terrace Neighborhood of Phoenix, AZ from $700 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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. Ascent on Broadway has the second lowest priced unit, which is a Studio apartment currently listed from $720. 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
Ascent on BroadwayStudioStudio,1BA$720
Paradise Palms I1 Bedroom1BR,1BA$739
Elevate @ South MountainA1Studio,1BA$900
The Molino Apartments1x1 600sqft1BR,1BA$949

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

As of June 17, 2025 the best value apartment in the South Mountain Highland Terrace area is the $1.40 price per square foot C4 Model at Stone View on 7th in the in the South Phoenix neighborhood starting from $2,395. The second greatest value South Mountain Highland Terrace apartment is the Tranquility Model at Esteban Park starting at $1,928 with a $1.53 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.
Stone View on 7thC44BR,2.5BA$1.40
Esteban ParkTranquility3BR,2BA$1.53
Elevate on Vineyard3 Bedroom 2.5 Bathroom3BR,2.5BA$1.50
Colonia Del Sol ApartmentsVioletta3BR,2BA$1.42
Somo LoftsStandard2BR,2BA$1.46
2957 E Atlanta Ave, Unit 3-Atlanta Ave2957 E Atlanta Ave2BR,1BA$1.62
Carlyle at South MountainA11BR,1BA$1.65
Paradise Palms I1 Bedroom1BR,1BA$1.06
Butler RidgeA11BR,1.5BA$1.60
Victory Place I-IVStudioStudio ,1BA$1.50

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about South Mountain Highland Terrace

What type of rentals are currently available in South Mountain Highland Terrace?

There are currently 235 Apartments for Rent in South Mountain Highland Terrace, AZ with pricing that ranges from $720 to $12,955. There are also 218 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Mountain Highland Terrace ranging from $775 to $8,500.

What is the current price range for Rental Homes in South Mountain Highland Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Mountain Highland Terrace ranges from $775 to $8,500 with an average monthly rent of $2,421.

How much are larger Three and Four Bedroom Rentals in South Mountain Highland Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Mountain Highland Terrace range from $1,069 to $12,955, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $8,500. Four Bedroom Single-Family rentals are also available starting from $1,999 and Four Bedroom Apartments start at $1,771.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.