
Cheap Homes for Rent in Grayhawk Neighborhood of Scottsdale, AZ from $2,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Grayhawk area of Scottsdale.


8880 E Paraiso Dr, Unit 221

19475 N Grayhawk Dr

7500 E Deer Valley Rd

8880 E Paraiso Dr, Unit TBD
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20801 N 90th Pl

7900 E Princess Dr

7900 E Princess Dr

20121 N 76th St

7500 E Deer Valley Rd
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7900 E Princess Dr
Grayhawk, Scottsdale, AZ Local Guide

How much does it cost to rent a home in Grayhawk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayhawk 2 Bedroom Homes for Rent | $5,542 | $2,200 | $9,000 |
| Grayhawk 3 Bedroom Homes for Rent | $7,423 | $3,000 | $10,000+ |
| Grayhawk 4 Bedroom Homes for Rent | $10,930 | $2,995 | $10,000+ |
| Grayhawk 5 Bedroom Homes for Rent | $11,060 | $4,500 | $10,000+ |
| Grayhawk 6 Bedroom Homes for Rent | $9,995 | $9,995 | $9,995 |
| Grayhawk 7 Bedroom Homes for Rent | $52,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 3 mile radius of the Grayhawk Neighborhood of Scottsdale, AZ.
Explore Scottsdale
Cheapest Available Grayhawk Apartments for Rent
 The cheapest available apartment rental in the Grayhawk area of Phoenix, AZ is a 1 Bed unit found at Catherine Townhomes priced from $1,302. 56 North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,534. Here are the most affordable Grayhawk apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Catherine Townhomes | Valencia | 1BR,1BA | $1,302 |
| 56 North | Open 1 Bedroom, 1 Bath | 1BR,1BA | $1,534 |
| Ninety Degrees | A3 | 1BR,1BA | $1,535 |
| Montreux | Jolie | 1BR,1BA | $1,536 |
| Desert Club | A1R | 1BR,1BA | $1,633 |
Best Value Apartments for Rent in Grayhawk, AZ
As of March 21, 2026 the best value apartment in the Grayhawk area is the $1.96 price per square foot C1 Premier Model at Desert Parks Vista in the in the McDowell Mountain Ranch neighborhood starting from $2,688. The second greatest value Grayhawk apartment is the Sycamore - Deluxe Model at Hideaway North Scottsdale starting at $2,450 with a $2.06 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. |
|---|---|---|---|
| Desert Parks Vista | C1 Premier | 3BR,2BA | $1.96 |
| Hideaway North Scottsdale | Sycamore - Deluxe | 2BR,2BA | $2.06 |
| EDGE at Grayhawk | Firenze | 2BR,2BA | $1.99 |
| San Portales | 1F | 1BR,1BA | $2.28 |
| Catherine Townhomes | Cartagena | 1BR,1BA | $2.14 |
| One North Scottsdale Apartments | Phoenix | 1BR,1BA | $2.22 |
| Montreux | Pierre | 1BR,1BA | $1.95 |
| IMT Desert Ridge | A3 | 1BR,1BA | $2.18 |
| Avion on Legacy | A1 | 1BR,1BA | $2.28 |
| 56 North | Open 1 Bedroom, 1 Bath | 1BR,1BA | $2.27 |
Frequently Asked Questions about Grayhawk
What type of rentals are currently available in Grayhawk?
There are currently 44 Apartments for Rent in Grayhawk, AZ with pricing that ranges from $1,302 to $16,734. There are also 114 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grayhawk ranging from $2,200 to $75,000.
What is the current price range for Rental Homes in Grayhawk?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grayhawk ranges from $2,200 to $75,000 with an average monthly rent of $16,241.
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
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.

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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.