Cheap Homes for Rent in South Phoenix Neighborhood of Phoenix, AZ from $500 (603 Rentals)

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

property at 1001 N Pasadena

1001 N Pasadena

MesaAZ85201
Showing Results 1-50, Page 1 of 13

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 Legacy Crossing I & II priced from $639. Coral Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable South Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Legacy Crossing I & IILG2 3 Bedroom3BR,2BA$639
Coral GardensStudioStudio,1BA$650
Morada SkyAzure1BR,1BA$655
Tides on 51st0BD, 1BTHStudio,1BA$663
Residence at TollesonStudioStudio,1BA$699
Residence at McDowellStudioStudio,1BA$699
Vista Village on Van BurenStudioStudio,1BA$699
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
Sunset Sound Studio ApartmentsSTUStudio,1BA$720
Victory Place I-IVStudioStudio,1BA$720

Best Value Apartments for Rent in South Phoenix, AZ

As of October 31, 2025 the best value apartment in the South Phoenix area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value South Phoenix apartment is the Alpine - 2 Bedrooms 2.5 Bathrooms Model at Elevation Townhomes starting at $2,095 with a $1.18 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.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.53
Elevation TownhomesAlpine - 2 Bedrooms 2.5 Bathrooms2BR,2.5BA$1.18
Nine20 TempeD1 PHPV4BR,4BA$0.75
Arezzo3 bedroom 2 Bath3BR,2BA$1.18
Grandfamilies PlaceThree Bedroom x Two Bathroom3BR,2BA$1.07
Villas at PapagoTwo Bedroom2BR,1BA$1.17
Avenue 8B12BR,2BA$1.08
Ascent on BroadwayTwo Bedroom2BR,1BA$1.16
Legacy Crossing I & II1 bedroom1BR,1BA$0.93
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04

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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

Frequently Asked Questions about South Phoenix

What type of rentals are currently available in South Phoenix?

There are currently 3558 Apartments for Rent in South Phoenix, AZ with pricing that ranges from $595 to $28,743. There are also 3789 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Phoenix ranging from $550 to $30,000.

What is the current price range for Rental Homes in South Phoenix?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Phoenix ranges from $550 to $30,000 with an average monthly rent of $3,943.

How much are larger Three and Four Bedroom Rentals in South Phoenix?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Phoenix range from $595 to $23,251, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $11,995. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $680.

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).

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.