Cheap Apartments for Rent in the South Phoenix Neighborhood of Phoenix, AZ from $300 (1,148 Rentals)

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

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Adara
Rent Specials
$692 - $2,962
Total Monthly Price

Total Monthly Price

Base Rent
$692 - $2,962
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Varies
Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
Student Housing
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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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Terrasol
Rent Specials
$859 - $3,305
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Total Monthly Price

Base Rent
$859 - $3,305
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1 to 2 Bedroom Apartments Available Now

Terrasol

1010 N 48th StPhoenix, AZ 85008
Affordability
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  • 3D Tour

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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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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Monterra
Rent Specials
$943 - $2,745
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Total Monthly Price

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$943 - $2,745
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Studio to 3 Bedroom Apartments Available Now

Monterra

1333 N 24th StPhoenix, AZ 85008
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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South Phoenix, Phoenix, AZ Local Guide

Cheapest Available South Phoenix Apartments for Rent

 

The cheapest available apartment rental in the South Phoenix area of Phoenix, AZ is a 1 Bed unit found at Garfield Terrace priced from $507. Residence at Tolleson has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here are the most affordable South Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Garfield TerraceGarfield Terrace One Bedroom1BR,1BA$507
Residence at TollesonStudioStudio,1BA$599
South Summit EstatesTwo Bedroom One Bathroom2BR,1BA$631
Sunrise VistaStudioStudio,1BA$650
The UrbanE1Studio,1BA$677
Legacy Crossing I & IILG2 2 Bedroom2BR,2BA$688
AdaraCo-living 4AStudio,$692
Tides on 51stStudioStudio,1BA$699
Paloma VillageStudioStudio,1BA$699
Los Vecinos ApartmentsStudioStudio,1BA$700

Best Value Apartments for Rent in South Phoenix, AZ

As of June 27, 2026 the best value apartment in the South Phoenix area is the $0.48 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $899. The second greatest value South Phoenix apartment is the D3 Model at Canvas starting at $1,249 with a $0.92 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for South Phoenix apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.48
CanvasD34BR,4BA$0.92
The District on Apache3x3 Luxe3BR,3BA$0.89
Copper Stone on 32nd3B2B - A3BR,2BA$1.14
Topaz PointeTopaz Pointe 3 Bedroom3BR,2BA$1.00
Villas at PapagoTwo Bedroom Villas2BR,1BA$0.95
McCarty on Monroe1 Bedroom (C)1BR,1BA$0.99
Gilbert Square ApartmentsTwo Bedroom Two Bath Classic2BR,2BA$1.15
Arcadia Lofts1 Bedroom 1 Bath - 664821BR,1BA$1.15
Garfield TerraceGarfield Terrace One Bedroom1BR,1BA$0.78

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
South Phoenix, Phoenix, AZ

Ranked #1

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
South Phoenix, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Phoenix. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap South Phoenix Apartments

What is the Cheapest Studio apartment in South Phoenix?

Currently the most affordable Cheap Studio Apartment in South Phoenix is at Residence at Tolleson listed at $599.

How much is rent for a Cheap One Bedroom South Phoenix Apartment?

The lowest price for a Cheap One Bedroom South Phoenix Apartment is $507 at Garfield Terrace.

What is the lowest price for a Cheap Two Bedroom South Phoenix Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Phoenix is starting from $631 at South Summit Estates.

What is the most affordable South Phoenix Three Bedroom Apartment?

The best deal on a cheap South Phoenix Three Bedroom Apartment rental is at Copper Stone on 32nd and starts from $1,063.

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.

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