Cheap Apartments for Rent in the South Phoenix Neighborhood of Phoenix, AZ from $300 (856 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 2301 N 28th St

2301 N 28th St

PhoenixAZ85008

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property at 2402 N 24th St

2402 N 24th St

PhoenixAZ85008

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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 Studio unit found at Coral Gardens priced from $420. Garfield Terrace II 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
Coral GardensStudioStudio,1BA$420
Garfield Terrace II1 Bedroom x 1 Bath1BR,1BA$507
Legacy Crossing I & II1 bedroom1BR,1BA$647
Tides on 51st0BD, 1BTHStudio,1BA$663
Residence at TollesonStudioStudio,1BA$699
Residence at McDowellStudioStudio,1BA$699
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
Ascent on BroadwayStudioStudio,1BA$720
Victory Place I-IVStudioStudio,1BA$720
Paradise Palms I1 Bedroom1BR,1BA$739

Best Value Apartments for Rent in South Phoenix, AZ

As of August 03, 2025 the best value apartment in the South Phoenix area is the $1.21 price per square foot Alpine - 2 Bedrooms 2.5 Bathrooms Model at Elevation Townhomes in the in the South Phoenix neighborhood starting from $2,145. The second greatest value South Phoenix apartment is the 3 bedroom 2 Bath Model at Arezzo starting at $1,735 with a $1.25 price per square foot in the South Phoenix 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.
Elevation TownhomesAlpine - 2 Bedrooms 2.5 Bathrooms2BR,2.5BA$1.21
Arezzo3 bedroom 2 Bath3BR,2BA$1.25
HUE97C23BR,3BA$1.21
Gateway at Tempe4x4 Plus4BR,4BA$0.57
Villas at PapagoTwo Bedroom2BR,1BA$1.08
Avenue 8B12BR,2BA$1.27
Luna Bear 454 West Brown Apartments2 Bedroom 2 Bathroom2BR,2BA$1.25
Paradise Palms I1 Bedroom1BR,1BA$1.06
Legacy Crossing I & II1 bedroom1BR,1BA$0.93
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04

Quick Rent Budget Calculator

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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 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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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 a cheap apartment in South Phoenix?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Phoenix is under $739.

What is the price of a cheap apartment in South Phoenix?

The cheapest apartment in South Phoenix is Garfield Terrace II which is listed at $507, while the average apartment in South Phoenix costs $2,999.

What types of apartments are the cheapest in South Phoenix?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 708 regular apartments in South Phoenix that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Phoenix?

Cheap apartments in South Phoenix have an average cost of $314 which is $2,685 cheaper than the average rent for all rentals in South Phoenix.

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

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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.