Cheap Apartments for Rent in the Story Neighborhood of Phoenix, AZ from $580 (189 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
$741 - $3,162

Total Monthly Price

Base Rent$741 - $3,162

Total Monthly PriceVaries
Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
Student Housing
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  • Customer Reviewed
  • Smoke Free

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property at 849 W Mitchell Dr
$775 - $825
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

849 W Mitchell Dr

PhoenixAZ85013

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sora
Rent Specials
$885 - $1,628

Total Monthly Price

Base Rent$885 - $1,628

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

sora

355 N Central AvePhoenix, AZ 85004
Student Housing
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  • Customer Reviewed
  • 3D Tour
property at 1629 N Laurel Ave
$897 - $2,800

Total Monthly Price

Base Rent$897 - $2,800

Total Monthly Price$897 - $2,800
1 To 3 Bedroom Homes for Rent
Available Now
Furnished

1629 N Laurel Ave

PhoenixAZ85007
  • Smoke Free
property at 1201 E Moreland St
$1,000 - $2,300

Total Monthly Price

Base Rent$1,000 - $2,300

Total Monthly Price$1,000 - $2,300
Studio To 2 Bedroom Townhomes for Rent
Available Now
Furnished

1201 E Moreland St

PhoenixAZ85006
  • Smoke Free

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property at 302 E Monte Vista Rd
$895 - $1,495
Studio To 1 Bedroom Rentals
Available Now
Affordability

302 E Monte Vista Rd

PhoenixAZ85004
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720 W McKinley St, Unit 720
$1,160

Total Monthly Price

Base Rent$1,160

Total Monthly Price$1,160
1 Bedroom Apartment Available Now

720 W McKinley St, Unit 720

720 W McKinley StPhoenix, AZ 85007
Affordability
  • Smoke Free

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Derby
Rent Specials
$1,189 - $2,896

Total Monthly Price

Base Rent$1,189 - $2,896

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Derby

800 N 2nd StPhoenix, AZ 85004
Student Housing
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property at 3837 N 4th St
$1,194
2 Bedroom Rentals
Available Now
Affordability

3837 N 4th St

PhoenixAZ85012
property at 805 N 4th Ave
$1,200 - $2,300
1 To 2 Bedroom Rentals
Available Now
Furnished

805 N 4th Ave

PhoenixAZ85003
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Rosie
Rent Specials
$1,204 - $3,250

Total Monthly Price

Base Rent$1,204 - $3,250

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Rosie

625 N 2nd AvePhoenix, AZ 85003
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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 $680. 1229 W Pierce St 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$680
1229 W Pierce St0BR/1.0BAStudio, 1BA$699
901 E. Pierce St.0BR/1.0BAStudio, 1BA$724
Ava ParkA2 Income Qualified Homes1BR, 1BA$725
AdaraCo-living 4BStudio, 1BA$741
Duo ApartmentsStudioStudio, 1BA$763
829 N 4th AveStudio, 1 bathStudio, 1BA$775
La Buena VidaOne Bedroom1BR, 1BA$799
Ambassador West ApartmentsOne Bedroom1BR, 1BA$799
Downing Studios on 12th StDowning Studios on 12th St - 2Studio, 1BA$799

Best Value Apartments for Rent in Story, AZ

As of September 18, 2026 the best value apartment in the Story area is the $1.27 price per square foot 2x2 1081sf Partial Model at Aura at Midtown in the Encanto neighborhood starting from $1,370. The second greatest value Story apartment is the 2 Bedroom, 1 Bath Model at U @ Melrose Apartments in the Downtown Phoenix neighborhood starting at $1,400 with a $1.54 price per square foot. 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.
Aura at Midtown2x2 1081sf Partial2BR, 2BA$1.27
U @ Melrose Apartments2 Bedroom, 1 Bath2BR, 1BA$1.54
Capri on Glenrosa2x12BR, 1BA$1.39
326 West Earll Drive NEW326 West Earll Drive NEW - 32BR, 1BA$1.49
Ava ParkB1 Income Qualified Homes2BR, 1BA$1.38
Urbana at 11thTwo Bed One Bath2BR, 1BA$1.53
S&T Plaza Apartments2x1 sm Deluxe2BR, 1BA$1.49
Devonshire Apartments1x11BR, 1BA$1.44
4248 N 12th St1BR/1.0BA1BR, 1BA$1.54
La Buena VidaOne Bedroom1BR, 1BA$1.52

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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 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 $799.

What is the price of a cheap apartment in Story?

The cheapest apartment in Story is Ava Park which is listed at $725, while the average apartment in Story costs $1,671.

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 875 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 $1,214 which is $457 cheaper than the average rent for all rentals in Story.

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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