Cheap Homes for Rent in Southbank Neighborhood of Phoenix, AZ from $900 (7 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

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Southbank, Phoenix, AZ Local Guide

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 $450. The Halston has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,295. Here are the most affordable Southbank apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Sunrise VistaStudioStudio,1BA$450
The HalstonB12BR,1BA$1,295
Palms at South MountainOne Bedroom, One Bath1BR,1BA$1,323

Best Value Apartments for Rent in Southbank, AZ

As of June 01, 2025 the best value apartment in the Southbank area is the $1.65 price per square foot 2A Model at San Portella in the in the Downtown Tempe neighborhood starting from $1,824. The second greatest value Southbank apartment is the Standard Model at Somo Lofts starting at $1,400 with a $1.46 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 ListingModel NameBed/BathPrice Per Sq.Ft.
San Portella2A2BR,2BA$1.65
Somo LoftsStandard2BR,2BA$1.46
Cortland at RavenHummingbird1BR,1BA$1.92
2957 E Atlanta Ave, Unit 3-Atlanta Ave2957 E Atlanta Ave2BR,1BA$1.75
Solara VistaA1 -1x11BR,1BA$2.02
Portola South Mountain1 Bedroom R1BR,1BA$1.89
Parc South Mountain1x1-7261BR,1BA$1.93
Esteban ParkVitality1BR,1BA$1.97
Palms at South MountainOne Bedroom, One Bath1BR,1BA$2.00
The HalstonA11BR,1BA$2.06

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Frequently Asked Questions about Southbank

What type of rentals are currently available in Southbank?

There are currently 60 Apartments for Rent in Southbank, AZ with pricing that ranges from $450 to $6,878. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southbank ranging from $950 to $2,750.

What is the current price range for Rental Homes in Southbank?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southbank ranges from $950 to $2,750 with an average monthly rent of $1,803.

How much are larger Three and Four Bedroom Rentals in Southbank?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southbank range from $1,500 to $6,878, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,999 and Four Bedroom Apartments start at $1,945.

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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