Cheap Apartments for Rent in the Story Neighborhood of Phoenix, AZ from $500 (135 Rentals)

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

property at 2032 W Adams St

2032 W Adams St

PhoenixAZ85009

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property at 622 N 9th Ave

622 N 9th Ave

PhoenixAZ85007
property at 3623 N 5th Ave

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 1 Bed unit found at Marquee priced from $670. Adara has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here are the most affordable Story apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
MarqueeOne Bedroom 559 Sq Ft A1BR,1BA$670
AdaraD24BR,4BA$699
La Buena Vida1 Bed, 1 bath1BR,1BA$705
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
2025 West Apartment HomesS1Studio,1BA$741
Spectra MidtownS2CStudio,1BA$773
The Studio on 12th StreetstudiosStudio,1BA$799
ANOVA Central StationCentral Station D14BR,4BA$842
Courtyard at Encanto ApartmentsStudioStudio,1BA$850
16th Ave ApartmentsStudio/1 BathStudio,1BA$895

Best Value Apartments for Rent in Story, AZ

As of June 18, 2025 the best value apartment in the Story area is the $1.43 price per square foot 2x1 B1 R Model at Large 2 bedroom units central Phoenix in the in the Downtown Phoenix neighborhood starting from $1,299. The second greatest value Story apartment is the 2x1.5 897sf Reno Model at Aura at Midtown starting at $1,279 with a $1.43 price per square foot in the Encanto 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.
Large 2 bedroom units central Phoenix2x1 B1 R2BR,1BA$1.43
Aura at Midtown2x1.5 897sf Reno2BR,2BA$1.43
1640 W Osborn Rd, Unit 61640 W Osborn Rd2BR,1BA$1.45
Urbana at 11thTwo Bed One Bath2BR,1BA$1.67
The Heritage Apartment Homes1A1BR,1BA$1.61
Ellis Midtown1x11BR,1BA$1.71
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
La Buena Vida1 Bed, 1 bath1BR,1BA$1.04
MarqueeOne Bedroom 559 Sq Ft A1BR,1BA$1.04
Palisade Park Aparments1x1 Gold1BR,1BA$1.46

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Story, Phoenix, AZ

Ranked #16

Among neighborhoods in Phoenix, AZ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Story, Phoenix, AZ

School data provided by Great Schools

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 a cheap apartment in Story?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Story is under $895.

What is the price of a cheap apartment in Story?

The cheapest apartment in Story is Marquee which is listed at $670, while the average apartment in Story costs $2,452.

What types of apartments are the cheapest in Story?

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 151 regular apartments in Story 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 Story?

Cheap apartments in Story have an average cost of $250 which is $2,202 cheaper than the average rent for all rentals in Story.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.