Cheap Apartments for Rent in the Fairwood Neighborhood of Phoenix, AZ from $700 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fairwood area of Phoenix.

Phoenix's Best Affordable Neighborhoods

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

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Rise Thunderbird
1 to 2 Bedroom Apartments

Rise Thunderbird

14020 N Black Canyon HwyPhoenix, AZ 85053

Fairwood, Phoenix, AZ Local Guide

Cheapest Available Fairwood Apartments for Rent

 

The cheapest available apartment rental in the Fairwood area of Phoenix, AZ is a Studio unit found at Biltmore on the Lake priced from $779. The Union on 28th has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Fairwood apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Biltmore on the LakeStudio CStudio,1BA$779
The Union on 28thOne Bedroom A1BR,1BA$825
Villages at Metro Center1 Bed - 1 Bath1BR,1BA$834
Madera at MetroOne Bedroom One Bathroom1BR,1BA$842
Spring Meadow ApartmentsOne Bedroom Small1BR,1BA$891

Best Value Apartments for Rent in Fairwood, AZ

As of March 24, 2025 the best value apartment in the Fairwood area is the $1.34 price per square foot 9808 N 49th Ln Model at 9808 N 49th Ln in the in the North Phoenix neighborhood starting from $2,399. The second greatest value Fairwood apartment is the 4055 W Desert Cove Ave Model at 4055 W Desert Cove Ave starting at $2,319 with a $1.29 price per square foot in the North Phoenix neighborhood. Here is today’s list of the best values for Fairwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9808 N 49th Ln9808 N 49th Ln3BR,2BA$1.34
4055 W Desert Cove Ave4055 W Desert Cove Ave4BR,2BA$1.29
3810 W Townley Ave3810 W Townley Ave3BR,2BA$1.12
4810 W Bloomfield Rd4810 W Bloomfield Rd3BR,2BA$1.17
5624 W Townley Ave5624 W Townley Ave3BR,2BA$1.35
5229 W Barbara Ave5229 W Barbara Ave3BR,2BA$1.40
Acoma Thunderbird Townhomes2 Story Townhouse2BR,2.5BA$1.26
Portola North PhoenixAspen2BR,2BA$1.35
Luna VillaB12BR,1BA$1.18
Tides on West DunlapA11BR,1BA$1.40

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Pet Friendly Lifestyle
Fairwood, Phoenix, AZ

Ranked #62

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Fairwood, Phoenix, and the greater Phoenix area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, family-friendliness, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Fairwood Neighborhood in Phoenix, AZ

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Fairwood Apartments

What is the Cheapest Studio apartment in Fairwood?

Currently the most affordable Cheap Studio Apartment in Fairwood is at Biltmore on the Lake listed at $779.

How much is rent for a Cheap One Bedroom Fairwood Apartment?

The lowest price for a Cheap One Bedroom Fairwood Apartment is $799 at Biltmore on the Lake.

What is the lowest price for a Cheap Two Bedroom Fairwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairwood is starting from $948 at Luna Villa.

What is the most affordable Fairwood Three Bedroom Apartment?

The best deal on a cheap Fairwood Three Bedroom Apartment rental is at Ardella on 28th and starts from $1,509.

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).

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.