2340 E Marguerite Ave
PhoenixAZ85040
Cheap Apartments for Rent in the Southbank Neighborhood of Phoenix, AZ from $900 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southbank area of Phoenix.
1908 E Broadway Rd
PhoenixAZ85040
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$937 - $1,2152 to 3 Bedroom Apartments Available Now
Grandfamilies Place
5150 S 18th PlPhoenix, AZ 85040
2343 E Pueblo Ave
PhoenixAZ85040
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Rent Specials
$1,090 - $1,593Studio to 3 Bedroom Apartments Available Now
Sunrise Vista
4415 S 28th StPhoenix, AZ 85040
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
4212 S 47th St
PhoenixAZ85040
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$1,325 - $3,465Studio to 3 Bedroom Apartments Available Mar 16, 2026
Alanna
100 S 48th StPhoenix, AZ 85034
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$1,329 - $1,7741 to 3 Bedroom Apartments Available Now
Esteban Park
5611 S 32nd StPhoenix, AZ 85040
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$1,333 - $2,0621 to 3 Bedroom Apartments Available Now
Parc South Mountain
3400 E Southern AvePhoenix, AZ 85040
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$1,3501 Bedroom Apartment Available Now
2723 e southgate ave, Unit 102
2723 e southgate avePhoenix, AZ 85040
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$1,392 - $4,4551 to 3 Bedroom Apartments Available Now
Obsidian at South Mountain
6250 S 40th StPhoenix, AZ 85042
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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$1,400 - $1,5752 Bedroom Apartments Contact Us For Availability
Somo Lofts
2922 E Weir AvePhoenix, AZ 85040
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$1,469Studio Apartments Available Now
Furnished Studio-Phoenix - Airport
3421 E Elwood StPhoenix, AZ 85040
2918 E Roeser Rd
PhoenixAZ85040
4240 S 46th Pl
PhoenixAZ85040
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4475 E Pueblo Ave
PhoenixAZ85040
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.
1934 E Carver Dr
PhoenixAZ85040
4236 S 46th Pl
PhoenixAZ85040
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4510 E Wood St
PhoenixAZ85040
2713 E Jones Ave
PhoenixAZ85040
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.
4001 S 45th St
PhoenixAZ85040
Showing Results 1-25, Page 1 of 1
Southbank, Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Southbank?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southbank Studio Apartments | $1,492 | $1,090 | $1,655 |
| Southbank 1 Bedroom Apartments | $1,638 | $1,160 | $2,140 |
| Southbank 2 Bedroom Apartments | $1,895 | $900 | $2,745 |
| Southbank 3 Bedroom Apartments | $2,129 | $1,215 | $3,465 |
| Southbank 4 Bedroom Apartments | $2,135 | $2,135 | $2,135 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Southbank Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
Southbank, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
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Cheapest Available Southbank Apartments for Rent
The cheapest available apartment rental in the Southbank area of Phoenix, AZ is a 2 Beds unit found at Grandfamilies Place priced from $937. Sunrise Vista has the second lowest priced unit, which is a Studio apartment currently listed from $1,090. Here are the most affordable Southbank apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grandfamilies Place | Two Bedroom x Two Bathroom | 2BR,2BA | $937 |
| Sunrise Vista | Studio | Studio,1BA | $1,090 |
| Tanner Manor Apartments | 50% OFF YOUR FIRST MONTHS RENT!! CALL NOW | 2BR,1BA | $1,133 |
| Esteban Park | Vitality | 1BR,1BA | $1,329 |
| Parc South Mountain | 1x1-726 | 1BR,1BA | $1,329 |
Best Value Apartments for Rent in Southbank, AZ
As of December 23, 2025 the best value apartment in the Southbank area is the $1.07 price per square foot Three Bedroom x Two Bathroom Model at Grandfamilies Place in the in the South Phoenix neighborhood starting from $1,215. The second greatest value Southbank apartment is the B Model at Obsidian at South Mountain starting at $1,729 with a $1.59 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Southbank apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grandfamilies Place | Three Bedroom x Two Bathroom | 3BR,2BA | $1.07 |
| Obsidian at South Mountain | B | 2BR,2BA | $1.59 |
| Solara Vista | B1 - 2x2 | 2BR,2BA | $1.81 |
| Tanner Manor Apartments | 1 MONTH FREE RENT O.A.C.!! CALL FOR DETAILS! | 2BR,1BA | $1.99 |
| 2903 E Wier Ave, Unit 3 | 2903 E Wier Ave | 2BR,1BA | $1.71 |
| Parc South Mountain | 1x1-726 | 1BR,1BA | $1.83 |
| Esteban Park | Vitality | 1BR,1BA | $1.92 |
| 2723 e southgate ave, Unit 102 | 2723 e southgate ave | 1BR,1BA | $2.60 |
| Sunrise Vista | Studio | Studio ,1BA | $3.21 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleExpert'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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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 LifestyleSouthbank, Phoenix, AZ
Ranked #125
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Southbank Apartments
How much is rent for a Cheap One Bedroom Southbank Apartment?
The lowest price for a Cheap One Bedroom Southbank Apartment is $1,160 at Sunrise Vista.
What is the lowest price for a Cheap Two Bedroom Southbank Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southbank is starting from $937 at Grandfamilies Place.
What is the most affordable Southbank Three Bedroom Apartment?
The best deal on a cheap Southbank Three Bedroom Apartment rental is at Grandfamilies Place and starts from $1,215.
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.
Helpful Local Expert Guides
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).
Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.
A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Written by: Andrew Jollett
Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Written by: Andrew Jollett
Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.