
Cheap Apartments for Rent in the Grayhawk Neighborhood of Scottsdale, AZ from $1,200 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grayhawk area of Scottsdale.


Total Monthly Price
Catherine Townhomes

Avion on Legacy

One North Scottsdale Apartments

9393 E Palo Brea Bend

EDGE at Grayhawk

The View at Cascade

20100 N 78th Pl, Unit Apt 3088
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Hideaway North Scottsdale

Total Monthly Price
The Beverly

20121 N 76th St

7500 E Deer Valley Rd, Unit 193

7900 E Princess Dr

4150 E Cactus Rd

7900 E Princess Dr, Unit SI ID1263192P

20801 N 90th Pl
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
7900 E Princess Dr, Unit SI ID1584098P

Desert Parks Vista

San Portales

The Halsten at Chauncey Lane

San Bellara

San Milan

Camden Foothills

San Artes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

7650 E Williams Dr

7611 E Camino Vivaz

19700 N 76th St

23590 N 73rd Pl

23750 N 75th Pl

7397 E Hanover Way

Total Monthly Price
IMT Desert Ridge

Desert Club
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

56 North

Total Monthly Price
Ascent North Scottsdale

Total Monthly Price
Maxwell on 66th

Total Monthly Price
Slate Scottsdale

Total Monthly Price
Sunela

Total Monthly Price
Montreux

Total Monthly Price
Azur

21320 N 56th St, Unit 2021
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.

Mezzo Desert Ridge

Azola Desert Ridge

Camden North End

6900 E Princess Dr
Grayhawk, Scottsdale, AZ Local Guide

How much does it cost to rent an apartment in Grayhawk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayhawk Studio Apartments | $1,567 | $1,240 | $2,055 |
| Grayhawk 1 Bedroom Apartments | $1,929 | $1,270 | $3,399 |
| Grayhawk 2 Bedroom Apartments | $2,482 | $1,505 | $6,000 |
| Grayhawk 3 Bedroom Apartments | $2,790 | $2,092 | $3,573 |
| Grayhawk 4 Bedroom Apartments | $4,398 | $4,398 | $4,398 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 3 mile radius of the Grayhawk Neighborhood of Scottsdale, AZ.
See all Apartments in ScottsdaleExplore Scottsdale
Cheapest Available Grayhawk Apartments for Rent
 The cheapest available apartment rental in the Grayhawk area of Phoenix, AZ is a Studio unit found at Ninety Degrees priced from $1,240. Catherine Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,404. Here are the most affordable Grayhawk apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ninety Degrees | E1 | Studio,1BA | $1,240 |
| Catherine Townhomes | Valencia | 1BR,1BA | $1,404 |
| Desert Club | A1R | 1BR,1BA | $1,535 |
| Avion on Legacy | A1 | 1BR,1BA | $1,570 |
| Ascent North Scottsdale | The Bell | 2BR,2BA | $1,573 |
| One North Scottsdale Apartments | Sparrow | 1BR,1BA | $1,585 |
| 56 North | A2 - One Bedroom, One Bath | 1BR,1BA | $1,585 |
| Maxwell on 66th | Amesbury | 1BR,1BA | $1,623 |
| Desert Parks Vista | A2 Premier | 1BR,1BA | $1,637 |
| San Portales | 1F | 1BR,1BA | $1,699 |
Best Value Apartments for Rent in Grayhawk, AZ
As of July 27, 2026 the best value apartment in the Grayhawk area is the $1.97 price per square foot Sycamore - Deluxe Model at Hideaway North Scottsdale in the in the Sonoran Regional Core neighborhood starting from $2,339. The second greatest value Grayhawk apartment is the Firenze Model at EDGE at Grayhawk starting at $1,995 with a $1.78 price per square foot in the Sonoran Regional Core neighborhood. Here is today’s list of the best values for Grayhawk apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hideaway North Scottsdale | Sycamore - Deluxe | 2BR,2BA | $1.97 |
| EDGE at Grayhawk | Firenze | 2BR,2BA | $1.78 |
| One North Scottsdale Apartments | Falcon | 2BR,2BA | $2.17 |
| Ascent North Scottsdale | The Gainey | 3BR,2BA | $1.96 |
| IMT Desert Ridge | B1 | 2BR,2BA | $2.03 |
| San Milan | 1 BED/1 BATH (239-1e) | 1BR,1BA | $2.06 |
| Desert Parks Vista | A2 Premier | 1BR,1BA | $1.87 |
| San Portales | 1F | 1BR,1BA | $2.01 |
| Desert Club | S1P | Studio ,1BA | $2.20 |
| Catherine Townhomes | Valencia | 1BR,1BA | $2.00 |
Frequently Asked Questions about Cheap Grayhawk Apartments
What is the Cheapest Studio apartment in Grayhawk?
Currently the most affordable Cheap Studio Apartment in Grayhawk is at Ninety Degrees listed at $1,240.
How much is rent for a Cheap One Bedroom Grayhawk Apartment?
The lowest price for a Cheap One Bedroom Grayhawk Apartment is $1,335 at Ninety Degrees.
What is the lowest price for a Cheap Two Bedroom Grayhawk Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grayhawk is starting from $1,505 at Ninety Degrees.
What is the most affordable Grayhawk Three Bedroom Apartment?
The best deal on a cheap Grayhawk Three Bedroom Apartment rental is at Ascent North Scottsdale and starts from $2,092.
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

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Written by: Andrew Jollett
I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips
Written by: Andrew Jollett
Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Written by: Andrew Jollett
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.

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Written by: Andrew Jollett
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.