Cheap Apartments for Rent in the South Phoenix Neighborhood of Phoenix, AZ from $300 (1,203 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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Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

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Adara
Rent Specials
$756 - $3,082
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$756 - $3,082
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Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
Student Housing
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Monterey Village
Rent Specials
$872 - $1,619
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$872 - $1,619
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Studio to 2 Bedroom Apartments Available Now

Monterey Village

4707 E McDowell RdPhoenix, AZ 85008
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Monterra
Rent Specials
$880 - $1,761
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$880 - $1,761
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Studio to 3 Bedroom Apartments Available Now

Monterra

1333 N 24th StPhoenix, AZ 85008
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Terrasol
Rent Specials
$895 - $2,231
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$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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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 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 3 Beds unit found at Town Center priced from $200. Garfield Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $507. Here are the most affordable South Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Town CenterC33BR,2BA$200
Garfield TerraceGarfield Terrace One Bedroom1BR,1BA$507
Tides on 51stStudioStudio,1BA$649
Los Vecinos ApartmentsStudioStudio,1BA$675
Paloma VillageStudioStudio,1BA$699
Oasis at the Wells1 Bed, 1 bath1BR,1BA$719
Victory Place I-IVStudioStudio,1BA$720
McCarty on Monroe1 Bedroom (A)1BR,1BA$720
Sonoran PalmsStudioStudio,1BA$729
Omnia on Thomas0x1 350sf ClassicStudio,1BA$730

Best Value Apartments for Rent in South Phoenix, AZ

As of August 12, 2026 the best value apartment in the South Phoenix area is the $0.97 price per square foot 3 Beds, 2.5 Baths Model at Alta Mesa Desert Springs in the in the South Phoenix neighborhood starting from $1,900. The second greatest value South Phoenix apartment is the Furnished Townhome Model at Lofts on 8th | Student Housing starting at $799 with a $0.43 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.
Alta Mesa Desert Springs3 Beds, 2.5 Baths3BR,2.5BA$0.97
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.43
Elevation TownhomesAlpine - 2 Bedrooms 2.5 Bathrooms2BR,2.5BA$1.15
Ironwood StationBougainvillea3BR,2.5BA$1.14
The Howe Apartments2 Bedroom 2 Bath Unit2BR,2BA$1.13
Topaz PointeTopaz Pointe 3 Bedroom3BR,2BA$1.00
Villas at PapagoTwo Bedroom Villas2BR,1BA$1.00
Rancho CieloL2AC50RC2BR,2BA$1.14
Arcadia Lofts1bd/1ba1BR,1BA$1.12
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04

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

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

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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 Tides on 51st listed at $649.

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 $799 at 2510 E Pueblo Ave.

What is the most affordable South Phoenix Three Bedroom Apartment?

The best deal on a cheap South Phoenix Three Bedroom Apartment rental is at Town Center and starts from $200.

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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