
Cheap Homes for Rent in Grayhawk Neighborhood of Scottsdale, AZ from $1,400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Grayhawk area of Scottsdale.


20100 N 78th Pl, Unit Apt 3088

7500 E Deer Valley Rd, Unit 193

19777 N 76th St, Unit 1349

7650 E Williams Dr

19700 N 76th St
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7397 E Hanover Way

7900 E Princess Dr, Unit SI ID1263174P

Total Monthly Price
7900 E Princess Dr, Unit SI ID1263165P

7500 E Deer Valley Rd

5719 E St John Rd

7500 E Deer Valley Rd
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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 | $5,490 | $1,945 | $8,500 |
| Grayhawk 3 Bedroom Homes for Rent | $6,504 | $1,450 | $10,000+ |
| Grayhawk 4 Bedroom Homes for Rent | $8,796 | $2,995 | $10,000+ |
| Grayhawk 5 Bedroom Homes for Rent | $20,750 | $6,800 | $10,000+ |
| Grayhawk 6 Bedroom Homes for Rent | $9,997 | $9,995 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Studio unit found at Ninety Degrees priced from $1,330. Ascent North Scottsdale has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,458. 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 | $1,330 |
| Ascent North Scottsdale | The Scott | 1BR,1BA | $1,458 |
| Avion on Legacy | A1 | 1BR,1BA | $1,485 |
| Desert Club | A1R | 1BR,1BA | $1,535 |
| 56 North | Open 1 Bedroom, 1 Bath | 1BR,1BA | $1,544 |
Best Value Apartments for Rent in Grayhawk, AZ
As of June 20, 2026 the best value apartment in the Grayhawk area is the $2.03 price per square foot Simone Model at Montreux in the in the North Scottsdale neighborhood starting from $3,085. The second greatest value Grayhawk apartment is the Palermo Model at Catherine Townhomes starting at $2,481 with a $1.85 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. |
|---|---|---|---|
| Montreux | Simone | 3BR,2BA | $2.03 |
| Catherine Townhomes | Palermo | 3BR,3BA | $1.85 |
| Hideaway North Scottsdale | Sycamore - Deluxe | 2BR,2BA | $2.07 |
| IMT Desert Ridge | B4 | 2BR,2BA | $1.85 |
| EDGE at Grayhawk | Tesero | 1BR,1.5BA | $1.83 |
| Desert Parks Vista | A2 Premier | 1BR,1BA | $1.92 |
| One North Scottsdale Apartments | Phoenix | 1BR,1BA | $2.13 |
| The View at Cascade | A3a, A3d | 1BR,1BA | $2.25 |
| Avion on Legacy | A1 | 1BR,1BA | $1.99 |
| Ascent North Scottsdale | The Scott | 1BR,1BA | $2.09 |
Frequently Asked Questions about Grayhawk
What type of rentals are currently available in Grayhawk?
There are currently 47 Apartments for Rent in Grayhawk, AZ with pricing that ranges from $1,320 to $14,080. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grayhawk ranging from $1,450 to $50,000.
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 $1,450 to $50,000 with an average monthly rent of $10,307.
How much are larger Three and Four Bedroom Rentals in Grayhawk?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grayhawk range from $1,747 to $14,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $30,000. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $4,164.
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
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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.