2331 E Grenadine Rd, Unit Room for rent
2331 E Grenadine Rd
PhoenixAZ85040
Cheap Apartments for Rent in the Southbank Neighborhood of Phoenix, AZ from $900 (12 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 Contact Us For Availability
Grandfamilies Place
5150 S 18th PlPhoenix, AZ 85040
2343 E Pueblo Ave
PhoenixAZ85040
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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Rent Specials
$1,090 - $1,593Studio to 3 Bedroom Apartments Available Now
Sunrise Vista
4415 S 28th StPhoenix, AZ 85040
1908 E Lynne Ln
PhoenixAZ85042
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Rent Specials
$1,280 - $1,9171 to 3 Bedroom Apartments Available Now
Esteban Park
5611 S 32nd StPhoenix, AZ 85040
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4624 E Southgate Ave
PhoenixAZ85040
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4023 S 44th 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.
2918 E Roeser Rd
PhoenixAZ85040
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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 | $1,279 | $1,090 | $1,469 |
| Southbank 1 Bedroom Apartments | $1,438 | $1,160 | $1,630 |
| Southbank 2 Bedroom Apartments | $1,742 | $937 | $4,158 |
| Southbank 3 Bedroom Apartments | $1,937 | $1,215 | $2,279 |
| Southbank 4 Bedroom Apartments | $2,098 | $2,035 | $2,225 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Southbank Neighborhood of Phoenix, AZ.
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Southbank, Phoenix, AZ Local Guide
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Cheapest Available Southbank Apartments for Rent
The cheapest available apartment rental in the Southbank area of Phoenix, AZ is a Studio unit found at Sunrise Vista priced from $1,090. Esteban Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,280. Here are the most affordable Southbank apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunrise Vista | Studio | Studio,1BA | $1,090 |
| Esteban Park | Vitality | 1BR,1BA | $1,280 |
| Parc South Mountain | 1x1-726 | 1BR,1BA | $1,394 |
| Obsidian at South Mountain | A | 1BR,1BA | $1,466 |
| Solara Vista | A1 -1x1 | 1BR,1BA | $1,590 |
Best Value Apartments for Rent in Southbank, AZ
As of September 14, 2025 the best value apartment in the Southbank area is the $2.02 price per square foot A1 -1x1 Model at Solara Vista in the in the South Phoenix neighborhood starting from $1,590. The second greatest value Southbank apartment is the 2903 E Wier Ave Model at 2903 E Wier Ave, Unit #1 starting at $1,250 with a $1.71 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. |
|---|---|---|---|
| Solara Vista | A1 -1x1 | 1BR,1BA | $2.02 |
| 2903 E Wier Ave, Unit #1 | 2903 E Wier Ave | 2BR,1BA | $1.71 |
| Parc South Mountain | 1x1-726 | 1BR,1BA | $1.92 |
| Obsidian at South Mountain | A | 1BR,1BA | $2.12 |
| Esteban Park | Vitality | 1BR,1BA | $1.85 |
| 2723 e southgate ave, Unit 102 | 2723 e southgate ave | 1BR,1BA | $2.60 |
| Sunrise Vista | Studio | Studio ,1BA | $3.21 |
| Furnished Studio-Phoenix - Airport | Furnished Studio-Phoenix - Airport | Studio ,1BA | $4.90 |
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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
What is the price of a cheap apartment in Southbank?
The cheapest apartment in Southbank is Sunrise Vista which is listed at $1,160, while the average apartment in Southbank costs $2,035.
What types of apartments are the cheapest in Southbank?
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 4 regular apartments in Southbank 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 Southbank?
Cheap apartments in Southbank have an average cost of $342 which is $1,693 cheaper than the average rent for all rentals in Southbank.
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.
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: 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.
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Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.