Cheap Apartments for Rent in the Wood Park Neighborhood of Tempe, AZ from $800 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Wood Park area of Tempe.

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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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
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9605 S 48th St
1 to 2 Bedroom Apartments

9605 S 48th St

9605 S 48th StPhoenix, AZ 85044

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.

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property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
Showing Results 1-28, Page 1 of 1

Wood Park, Tempe, AZ Local Guide

Cheapest Available Wood Park Apartments for Rent

 

The cheapest available apartment rental in the Wood Park area of Phoenix, AZ is a Studio unit found at The Mod at Mills priced from $898. The Molino Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Wood Park apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Mod at MillsS1Studio,1BA$898
The Molino Apartments1x1 600sqft1BR,1BA$949
Tides at Park ViewA11BR,1BA$977
Sono TempeOlsenStudio,1BA$1,032
Avana TempeStudio - SophisticatedStudio,1BA$1,056
Omnia BaselineA1WD1BR,1BA$1,075
Sentry TempeReef1BR,1BA$1,100
Mission SpringsSaguaro - Junior One BedroomStudio,1BA$1,110
The Pointe at South Mountain1 Bedroom 1 Bathroom B1BR,1BA$1,159
FinisterraEstrella1BR,1BA$1,183

Best Value Apartments for Rent in Wood Park, AZ

As of July 13, 2025 the best value apartment in the Wood Park area is the $1.57 price per square foot Two Bedroom/Two Bath Model at San Paseo in the in the South Phoenix neighborhood starting from $1,850. The second greatest value Wood Park apartment is the B2 Model at Carlyle at South Mountain starting at $1,504 with a $1.39 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Wood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
San PaseoTwo Bedroom/Two Bath2BR,2BA$1.57
Carlyle at South MountainB22BR,2BA$1.39
Allure at Tempe ApartmentsJade3BR,2BA$1.46
Tempe Park PlaceOasis w/ Balcony2BR,2BA$1.32
Lakeview at the BaySan Marcos2BR,2BA$1.49
The Rev Apartment HomesB12BR,2BA$1.39
525-539 W Pebble Beach2 Beds, 1 bath2BR,1BA$1.42
Mercury on MillSunrise - 2bed 2bath2BR,2BA$1.59
Omnia BaselineA1R1BR,1BA$1.56
The Molino Apartments1x1 600sqft1BR,1BA$1.58

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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Pet Friendly Lifestyle
Wood Park, Tempe, AZ

Ranked #25

Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Tempe. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Wood Park Apartments

What is a cheap apartment in Wood Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wood Park is under $1,183.

What is the price of a cheap apartment in Wood Park?

The cheapest apartment in Wood Park is The Molino Apartments which is listed at $999, while the average apartment in Wood Park costs $2,044.

What types of apartments are the cheapest in Wood Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 30 regular apartments in Wood Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Wood Park?

Cheap apartments in Wood Park have an average cost of $189 which is $1,855 cheaper than the average rent for all rentals in Wood Park.

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.

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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.

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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.

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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.