Cheap Homes for Rent in Paradise Valley, AZ from $1,100 (74 Rentals)

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Cheap Homes in Paradise Valley.

property at 4301 N 24th St

4301 N 24th St

PhoenixAZ85016
property at 3600 Hayden Rd

3600 Hayden Rd

ScottsdaleAZ85251
property at 3828 N 32nd St

3828 N 32nd St

PhoenixAZ85018
property at 3500 Hayden Rd

3500 Hayden Rd

ScottsdaleAZ85251

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.

property at 5995 N 78th St

5995 N 78th St

ScottsdaleAZ85250

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 4120 N 78th St

4120 N 78th St

ScottsdaleAZ85251
property at 5335 E Shea Blvd

5335 E Shea Blvd

ScottsdaleAZ85254

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

property at 4341 N 35th St

4341 N 35th St

PhoenixAZ85018
property at 6920 E 4th St

6920 E 4th St

ScottsdaleAZ85251
property at 5104 N 32nd St

5104 N 32nd St

PhoenixAZ85018
property at 5122 E Shea Blvd

5122 E Shea Blvd

ScottsdaleAZ85254

Paradise Valley, AZ Local Guide

Cheapest Available Paradise Valley Apartments for Rent

 

The cheapest available apartment rental in Paradise Valley, AZ is a Studio unit found at The Venue on Camelback Apartments in the Encanto neighborhood priced from $731. The Summit Apartments in the North Phoenix neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $748. Here is today’s list of the most affordable Paradise Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Venue on Camelback ApartmentsHoneyStudio,1BA$731
The Summit ApartmentsStudioStudio,1BA$748
Capri on CamelbackArcadia AffordableStudio,1BA$885
Urban Walk ApartmentsA11BR,1BA$994
Kinley at BiltmoreS1RStudio,1BA$1,005
Ava North & SouthAva North - A11BR,1BA$1,012
Solaris at the Biltmore1 x 1B Summarland1BR,1BA$1,025
The Glen at Old TownStudioStudio,1BA$1,039
Echelon Apartments0Lx1Studio,1BA$1,060
Arcadia HausOne Bedroom1BR,1BA$1,099

Best Value Apartments for Rent in Paradise Valley, AZ

As of May 05, 2025 the best value apartment in the Paradise Valley area is the $1.67 price per square foot Hermosa Classic Model at Cibola in the in the Resort Corridor neighborhood starting from $2,275. The second greatest value Paradise Valley apartment is the Royal Palms 3/2 Model at Royal Palms Apartments starting at $2,100 with a $1.68 price per square foot in the Downtown Scottsdale neighborhood. Here is today’s list of the best values for Paradise Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
CibolaHermosa Classic3BR,2BA$1.67
Royal Palms ApartmentsRoyal Palms 3/23BR,1BA$1.68
Scottsdale Place ApartmentsPortofino3BR,2BA$1.50
Morningside Apartments2 bedroom, 2 bath2BR,2BA$1.48
Del Prado1A1BR,1.5BA$1.68
The EarllTwo Bedroom2BR,2BA$1.40
Camelback CourtyardTwo Bedroom/ one and a Half Bath2BR,1.5BA$1.34
Arcadia 302x1 (825 SqFt).2BR,1BA$1.73
6125 E Indian School Rd, Unit 2206125 E Indian School Rd1BR,1BA$1.58
AvalonOne Bed One Bath1BR,1BA$1.67

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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Frequently Asked Questions about Paradise Valley

What type of rentals are currently available in Paradise Valley?

There are currently 700 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $731 to $25,000. There are also 507 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $1,140 to $60,000.

What is the current price range for Rental Homes in Paradise Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Paradise Valley ranges from $1,140 to $60,000 with an average monthly rent of $12,285.

How much are larger Three and Four Bedroom Rentals in Paradise Valley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Paradise Valley range from $1,700 to $14,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $28,500. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $3,500.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.