Cheap Homes for Rent in Story Neighborhood of Phoenix, AZ from $700 (31 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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.

property at 340 N 12th St

340 N 12th St

PhoenixAZ85006

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.

property at 11 S 12th St

11 S 12th St

PhoenixAZ85034
property at 11 S 12th St

11 S 12th St

PhoenixAZ85034
property at 3993 N 3rd Ave

3993 N 3rd Ave

PhoenixAZ85013

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 19, 2025 the best value apartment in the Story area is the $1.53 price per square foot 69 E Columbus Ave Model at 69 E Columbus Ave, Unit 2 in the in the Encanto neighborhood starting from $2,300. The second greatest value Story apartment is the 2x1 B1 R Model at Large 2 bedroom units central Phoenix starting at $1,299 with a $1.43 price per square foot in the Downtown Phoenix 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.
69 E Columbus Ave, Unit 269 E Columbus Ave3BR,2BA$1.53
Large 2 bedroom units central Phoenix2x1 B1 R2BR,1BA$1.43
Aura at Midtown2x1.5 897sf Reno2BR,2BA$1.42
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

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.

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Frequently Asked Questions about Story

What type of rentals are currently available in Story?

There are currently 587 Apartments for Rent in Story, AZ with pricing that ranges from $670 to $12,000. There are also 171 Single Family Homes for rent, Condos, and Townhome rentals currently available in Story ranging from $745 to $11,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Story ranges from $745 to $11,000 with an average monthly rent of $2,560.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Story range from $799 to $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,820 to $11,000. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $699.

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.