
Cheap Homes for Rent in Southbank Neighborhood of Phoenix, AZ from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Southbank area of Phoenix.


2571 E Mobile Ln

4463 E Pueblo Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

4522 E Pueblo Ave

4526 E Riverside St

4417 E Riverside St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

4023 S 44th St
Southbank, Phoenix, AZ Local Guide

How much does it cost to rent a home in Southbank?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Southbank 2 Bedroom Homes for Rent | $1,431 | $950 | $1,850 |
Southbank 3 Bedroom Homes for Rent | $2,011 | $1,495 | $2,500 |
Southbank 4 Bedroom Homes for Rent | $2,337 | $1,999 | $2,750 |
Southbank 5 Bedroom Homes for Rent | $2,045 | $2,045 | $2,045 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 $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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sunrise Vista | Studio | Studio,1BA | $450 |
The Halston | B1 | 2BR,1BA | $1,295 |
Palms at South Mountain | One Bedroom, One Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
San Portella | 2A | 2BR,2BA | $1.65 |
Somo Lofts | Standard | 2BR,2BA | $1.46 |
Cortland at Raven | Hummingbird | 1BR,1BA | $1.92 |
2957 E Atlanta Ave, Unit 3-Atlanta Ave | 2957 E Atlanta Ave | 2BR,1BA | $1.75 |
Solara Vista | A1 -1x1 | 1BR,1BA | $2.02 |
Portola South Mountain | 1 Bedroom R | 1BR,1BA | $1.89 |
Parc South Mountain | 1x1-726 | 1BR,1BA | $1.93 |
Esteban Park | Vitality | 1BR,1BA | $1.97 |
Palms at South Mountain | One Bedroom, One Bath | 1BR,1BA | $2.00 |
The Halston | A1 | 1BR,1BA | $2.06 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
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.

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).

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.