
Cheap Homes for Rent in Story Neighborhood of Phoenix, AZ from $700 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Story area of Phoenix.


4213 N Westview Dr

1005 E Moreland St

425 N 17th Dr

1201 E Moreland St

2032 W Adams St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1606 W Taylor St, Unit A

2132 W Glenrosa Ave

3302 N 7th St, Unit #330

4306 N 12th St

351 E Thomas Rd, Unit D305

1016 E Osborn Rd, Unit F
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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355 E Thomas Rd, Unit B111

2303 N 7th St

616 N 10th Ave

325 N 17th Dr

2806 W Melvin St, Unit MELVIN 3

1118 W Roosevelt St
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2145 W Fairmount Ave

1314 W Whitton Ave

2027 N 10th St

2806 W Melvin St, Unit MELVIN 2

1406 W Whitton Ave

1402 W Whitton Ave
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1010 E Coronado Rd

2938 W Coronado Rd

2336 N 10th St
Story, Phoenix, AZ Local Guide

How much does it cost to rent a home in Story?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Story 2 Bedroom Homes for Rent | $2,019 | $1,000 | $3,750 |
| Story 3 Bedroom Homes for Rent | $2,575 | $1,695 | $3,900 |
| Story 4 Bedroom Homes for Rent | $3,782 | $1,750 | $7,500 |
| Story 6 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Story Neighborhood of Phoenix, AZ.
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Story, Phoenix, AZ Local Guide
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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 $655. Ava Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Story apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2025 West Apartment Homes | S1 | Studio,1BA | $655 |
| Ava Park | A2 Income Qualified Homes | 1BR,1BA | $750 |
| Duo Apartments | Studio | Studio,1BA | $763 |
| 829 N 4th Ave | Studio, 1 bath | Studio,1BA | $775 |
| Adara | Co-living 4B | Studio, | $792 |
| Resort on 27th | 1+1 3rd | 1BR,1BA | $799 |
| Ambassador West Apartments | One Bedroom | 1BR,1BA | $799 |
| La Buena Vida | One Bedroom | 1BR,1BA | $799 |
| 16th Ave Apartments | Studio/1 Bath | Studio,1BA | $825 |
| Courtyard at Encanto Apartments | 1x1 | 1BR,1BA | $839 |
Best Value Apartments for Rent in Story, AZ
As of June 08, 2026 the best value apartment in the Story area is the $1.69 price per square foot One Bedroom Den Model at Roosevelt Square in the in the South Phoenix neighborhood starting from $1,923. The second greatest value Story apartment is the 2 Bedroom, 1 Bath Model at U @ Melrose Apartments starting at $1,400 with a $1.54 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Roosevelt Square | One Bedroom Den | 1BR,1.5BA | $1.69 |
| U @ Melrose Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.54 |
| The Hawthorne | The Roosevelt | 1BR,1BA | $1.69 |
| Urbana at 11th | Two Bed One Bath | 2BR,1BA | $1.53 |
| Aura at Midtown | 1x1 714sq Classic | 1BR,1BA | $1.65 |
| Ellis Midtown | 1x1 | 1BR,1BA | $1.64 |
| Devonshire Apartments | 1x1 | 1BR,1BA | $1.60 |
| Courtyard at Encanto Apartments | 1x1 | 1BR,1BA | $1.53 |
| La Buena Vida | One Bedroom | 1BR,1BA | $1.52 |
| Ambassador West Apartments | One Bedroom | 1BR,1BA | $1.66 |
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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.
Read ArticleQuick 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.
Best Local Schools in Story, Phoenix, AZ
School data provided by Great Schools
Frequently Asked Questions about Story
What type of rentals are currently available in Story?
There are currently 583 Apartments for Rent in Story, AZ with pricing that ranges from $680 to $8,455. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Story ranging from $799 to $20,000.
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 $799 to $20,000 with an average monthly rent of $5,208.
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 $1,115 to $7,048, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $965.
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.
Helpful Local Expert Guides

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).

Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
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Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.