3112 E Chipman Rd
PhoenixAZ85040
Cheap Apartments for Rent in the Southbank Neighborhood of Phoenix, AZ from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southbank area of Phoenix.
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$937 - $1,2152 to 3 Bedroom Apartments Available Now
Grandfamilies Place
5150 S 18th PlPhoenix, AZ 85040
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$1,090 - $1,593
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,090 - $1,593
Total Monthly Price
$1,090 - $1,593
Sunrise Vista
4415 S 28th StPhoenix, AZ 85040
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Rent Specials
$1,167 - $1,8502 to 3 Bedroom Apartments Available Now
Topaz Pointe
2140 E Broadway RdPhoenix, AZ 85040
2912 E Roeser Rd
PhoenixAZ85040
4212 S 47th St
PhoenixAZ85040
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$1,297 - $1,760
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,247 - $1,710
Required Monthly Fees
$50
Total Monthly Price
$1,297 - $1,760
Esteban Park
5611 S 32nd StPhoenix, AZ 85040
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.
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1 to 2 Bedroom Apartments
Tanner Manor Apartments
2150 E Broadway RdPhoenix, AZ 85040
2918 E Roeser Rd
PhoenixAZ85040
4236 S 46th Pl
PhoenixAZ85040
4214 S 47th Pl
PhoenixAZ85040
4232 S 46th Pl
PhoenixAZ85040
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1 to 3 Bedroom Apartments
2340 E Hidalgo Ave
2340 E Hidalgo AvePhoenix, AZ 85040
4645 E Wood St
PhoenixAZ85040
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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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 | $1,673 | $799 | $2,140 |
| Southbank 2 Bedroom Apartments | $2,051 | $937 | $4,853 |
| Southbank 3 Bedroom Apartments | $2,196 | $1,215 | $3,465 |
| Southbank 4 Bedroom Apartments | $2,214 | $2,160 | $2,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Southbank Neighborhood of Phoenix, AZ.
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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 Tanner Manor Apartments priced from $881. Grandfamilies Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $937. Here are the most affordable Southbank apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tanner Manor Apartments | Don’t Miss 1 Month Free Rent O.A.C. – 55+ Commu... | 2BR,1BA | $881 |
| Grandfamilies Place | Two Bedroom x Two Bathroom | 2BR,2BA | $937 |
| Sunrise Vista | Studio | Studio,2BA | $1,090 |
| Topaz Pointe | Topaz Pointe 3 Bedroom | 3BR,2BA | $1,167 |
| Parc South Mountain | 1x1-726 | 1BR,1BA | $1,319 |
Best Value Apartments for Rent in Southbank, AZ
As of February 28, 2026 the best value apartment in the Southbank area is the $1.58 price per square foot 4 bed 2.5 bath Model at Raymond Place Townhomes in the in the South Phoenix neighborhood starting from $2,160. The second greatest value Southbank apartment is the Tranquility Model at Esteban Park starting at $1,756 with a $1.39 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. |
|---|---|---|---|
| Raymond Place Townhomes | 4 bed 2.5 bath | 4BR,2.5BA | $1.58 |
| Esteban Park | Tranquility | 3BR,2BA | $1.39 |
| Topaz Pointe | Topaz Pointe 3 Bedroom | 3BR,2BA | $1.00 |
| Grandfamilies Place | Three Bedroom x Two Bathroom | 3BR,2BA | $1.07 |
| Solara Vista | A1 -1x1 | 1BR,1BA | $1.96 |
| Parc South Mountain | 1x1-726 | 1BR,1BA | $1.82 |
| Obsidian at South Mountain | A | 1BR,1BA | $2.25 |
| Tanner Manor Apartments | Live Comfortably with 1 Month Free Rent O.A.C. ... | 1BR,1BA | $1.46 |
| 2723 e southgate ave, Unit 102 | 2723 e southgate ave | 1BR,1BA | $2.60 |
| Sunrise Vista | Studio | Studio ,2BA | $3.21 |
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 $949 at Tanner Manor Apartments.
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 $881 at Tanner Manor Apartments.
What is the most affordable Southbank Three Bedroom Apartment?
The best deal on a cheap Southbank Three Bedroom Apartment rental is at Topaz Pointe and starts from $1,167.
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).
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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
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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.
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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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.