
Cheap Homes for Rent in Fairwood Neighborhood of Phoenix, AZ from $1,200 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairwood area of Phoenix.


10828 N Biltmore Dr

11640 N 51st Ave, Unit 11640 N 51st Avenue

11640 N 51st Ave

11046 N 28th Dr

11038 N 28th Dr

3638 W Townley Ave

2753 W Lawrence Ln

13245 N 25th Ln

11022 N 45th Ln
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

3131 W Cochise Dr

5233 W Voltaire Dr

10426 N 48th Dr

8719 N 39th Dr

8835 N 29th Ave
Fairwood, Phoenix, AZ Local Guide

How much does it cost to rent a home in Fairwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fairwood 2 Bedroom Homes for Rent | $1,731 | $1,200 | $2,850 |
Fairwood 3 Bedroom Homes for Rent | $2,069 | $1,650 | $4,000 |
Fairwood 4 Bedroom Homes for Rent | $2,372 | $1,995 | $3,100 |
Fairwood 5 Bedroom Homes for Rent | $3,035 | $2,495 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Fairwood Neighborhood of Phoenix, AZ.
Explore Phoenix
Fairwood, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Biltmore on the Lake | Studio C | Studio,1BA | $779 |
The Union on 28th | One Bedroom A | 1BR,1BA | $825 |
Villages at Metro Center | 1 Bed - 1 Bath | 1BR,1BA | $834 |
Madera at Metro | One Bedroom One Bathroom | 1BR,1BA | $842 |
North Mountain Village | Studio | Studio,1BA | $899 |
Best Value Apartments for Rent in Fairwood, AZ
As of March 26, 2025 the best value apartment in the Fairwood area is the $1.35 price per square foot 5624 W Townley Ave Model at 5624 W Townley Ave in the in the Barrel District neighborhood starting from $2,000. The second greatest value Fairwood apartment is the C Premium Model at Motif starting at $2,065 with a $1.71 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5624 W Townley Ave | 5624 W Townley Ave | 3BR,2BA | $1.35 |
Motif | C Premium | 3BR,2BA | $1.71 |
Acoma Thunderbird Townhomes | 2 Story Townhouse | 2BR,2.5BA | $1.26 |
Luna Villa | B1 | 2BR,1BA | $1.18 |
Indigo Creek | Sanctuary | 1BR,1BA | $1.62 |
Renaissance | Camelot | 1BR,1BA | $1.60 |
Tides on West Dunlap | A1 | 1BR,1BA | $1.40 |
Tela Verde Apartment Homes | One Bedroom One Bath | 1BR,1BA | $1.62 |
Ardella on 28th | 1 Bed 1 Bath | 1BR,1BA | $1.48 |
Portola North Phoenix | Palm | 1BR,1BA | $1.56 |
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.
Frequently Asked Questions about Fairwood
What type of rentals are currently available in Fairwood?
There are currently 81 Apartments for Rent in Fairwood, AZ with pricing that ranges from $779 to $3,840. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairwood ranging from $1,200 to $4,000.
What is the current price range for Rental Homes in Fairwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairwood ranges from $1,200 to $4,000 with an average monthly rent of $2,301.
How much are larger Three and Four Bedroom Rentals in Fairwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairwood range from $1,334 to $3,393, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,795.
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.

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).

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.