Cheap Apartments for Rent in the Story Neighborhood of Phoenix, AZ from $500 (185 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Story area of Phoenix.

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Adara
Rent Specials
$792 - $3,262
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$792 - $3,262
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Varies
Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
Student Housing
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property at 1201 E Moreland St

$1,000 - $2,300

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$1,000 - $2,300
Total Monthly Price
$1,000 - $2,300

Studio To 2 Bedroom Townhomes for Rent

Available Now

1201 E Moreland St

PhoenixAZ85006
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Derby
Rent Specials
$1,149 - $6,421
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$1,149 - $6,421
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Studio to 2 Bedroom Apartments Available Now

Derby

800 N 2nd StPhoenix, AZ 85004
Student Housing
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  • 3D Tour

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Sora
Rent Specials
$1,175 - $1,835
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Total Monthly Price

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$1,175 - $1,835
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Studio to 3 Bedroom Apartments Available Now

Sora

355 N Central AvePhoenix, AZ 85004
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property at 3623 N 5th Ave

$1,185 - $1,365

1 To 2 Bedroom Rentals

Available Now

3623 N 5th Ave

PhoenixAZ85013

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Story, Phoenix, AZ Local Guide

Cheapest Available Story Apartments for Rent

 

The cheapest available apartment rental in the Story area of Phoenix, AZ is a Studio unit found at 2025 West Apartment Homes priced from $630. Spectra Midtown has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Story apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
2025 West Apartment HomesS1Studio,1BA$630
Spectra MidtownS1 CStudio,1BA$699
Ava ParkA2 Income Qualified Homes1BR,1BA$750
Duo ApartmentsStudioStudio,1BA$763
829 N 4th AveStudio, 1 bathStudio,1BA$775
AdaraCo-living 4BStudio,$792
Resort on 27th1+1 3rd1BR,1BA$799
Ambassador West ApartmentsOne Bedroom1BR,1BA$799
La Buena VidaOne Bedroom1BR,1BA$799
16th Ave ApartmentsStudio/1 BathStudio,1BA$825

Best Value Apartments for Rent in Story, AZ

As of June 19, 2026 the best value apartment in the Story area is the $1.60 price per square foot 4 Bedrooms/3.5 Bathrooms Model at 8th and Row Townhomes in the in the South Phoenix neighborhood starting from $2,895. The second greatest value Story apartment is the 1 Bedroom (C) Model at McCarty on Monroe starting at $930 with a $0.99 price per square foot in the Central City neighborhood. Here is today’s list of the best values for Story apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8th and Row Townhomes4 Bedrooms/3.5 Bathrooms4BR,3.5BA$1.60
McCarty on Monroe1 Bedroom (C)1BR,1BA$0.99
U @ Melrose Apartments2 Bedroom, 1 Bath2BR,1BA$1.54
Palisade Park Aparments2x2 Gold2BR,2BA$1.07
Urbana at 11thTwo Bed One Bath2BR,1BA$1.53
Aura at Midtown1x1 714sq Classic1BR,1BA$1.65
Devonshire Apartments1x11BR,1BA$1.60
Courtyard at Encanto Apartments1x11BR,1BA$1.53
La Buena VidaOne Bedroom1BR,1BA$1.52
2025 West Apartment HomesS1Studio ,1BA$1.66

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Best Local Schools in
Story, Phoenix, AZ

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Phoenix. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, places that make kids happy, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Story Apartments

What is the Cheapest Studio apartment in Story?

Currently the most affordable Cheap Studio Apartment in Story is at 2025 West Apartment Homes listed at $630.

How much is rent for a Cheap One Bedroom Story Apartment?

The lowest price for a Cheap One Bedroom Story Apartment is $750 at Ava Park.

What is the lowest price for a Cheap Two Bedroom Story Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Story is starting from $899 at Palisade Park Aparments.

What is the most affordable Story Three Bedroom Apartment?

The best deal on a cheap Story Three Bedroom Apartment rental is at Sora and starts from $1,175.

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.

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