
Cheap Apartments for Rent in the Homestead Terrace Neighborhood of Phoenix, AZ from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homestead Terrace area of Phoenix.


Aspire West Phoenix

4903 W Thomas Rd

Tides on McDowell
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Cove on 44th

4620 W McDowell Rd

3810 N Maryvale Pkwy

Paloma Village
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Morada Sky

Desert Wind Apartments

Casa Sol Apartments

Portola West McDowell
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Stonybrook Apartments

FLATZ 602
Phoenix's Best Affordable Neighborhoods
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Homestead Terrace, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Homestead Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Homestead Terrace Studio Apartments | $989 | $663 | $1,732 |
Homestead Terrace 1 Bedroom Apartments | $1,219 | $768 | $2,499 |
Homestead Terrace 2 Bedroom Apartments | $1,453 | $1,049 | $3,567 |
Homestead Terrace 3 Bedroom Apartments | $1,828 | $1,587 | $2,576 |
Homestead Terrace 4 Bedroom Apartments | $1,916 | $1,849 | $1,975 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Homestead Terrace Neighborhood of Phoenix, AZ.
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Homestead Terrace, Phoenix, AZ Local Guide
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Cheapest Available Homestead Terrace Apartments for Rent
 The cheapest available apartment rental in the Homestead Terrace area of Phoenix, AZ is a Studio unit found at Tides on 51st priced from $663. Aspire West Phoenix has the second lowest priced unit, which is a Studio apartment currently listed from $666. Here are the most affordable Homestead Terrace apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tides on 51st | 0BD, 1BTH | Studio,1BA | $663 |
Aspire West Phoenix | Studio | Studio,1BA | $666 |
Tides on McDowell | Studio | Studio,1BA | $825 |
Cove on 44th | A2 | 1BR,1BA | $825 |
Paloma Village | Studio | Studio,1BA | $920 |
Best Value Apartments for Rent in Homestead Terrace, AZ
As of May 14, 2025 the best value apartment in the Homestead Terrace area is the $1.37 price per square foot B1 Model at FLATZ 602 in the in the Maryvale neighborhood starting from $1,787. The second greatest value Homestead Terrace apartment is the Nova Renovated Model at La Estrella Vista starting at $1,749 with a $1.51 price per square foot in the Maryvale neighborhood. Here is today’s list of the best values for Homestead Terrace apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
FLATZ 602 | B1 | 2BR,2BA | $1.37 |
La Estrella Vista | Nova Renovated | 3BR,2BA | $1.51 |
Morada Rise | Three Bed Two Bath | 3BR,2BA | $1.57 |
Morada Grande | 3X2 | 3BR,2BA | $1.73 |
Morada West | Montebello | 2BR,2BA | $1.53 |
Villa de Cortez | 2A | 2BR,1BA | $1.50 |
Sol District | A1S | 1BR,1BA | $1.58 |
Portola West McDowell | Briar | 2BR,1BA | $1.61 |
Solara | Luna | 1BR,1BA | $1.60 |
Cove on 44th | A2 | 1BR,1BA | $1.38 |
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.
Pet Friendly LifestyleHomestead Terrace, Phoenix, AZ
Ranked #104
Among neighborhoods in Phoenix, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Homestead Terrace, Phoenix, AZ
School data provided by Great Schools
Lifestyle Ratings
This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Phoenix. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, places to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Homestead Terrace Neighborhood in Phoenix, AZ
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
42 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Homestead Terrace Apartments
What is the Cheapest Studio apartment in Homestead Terrace?
Currently the most affordable Cheap Studio Apartment in Homestead Terrace is at Tides on 51st listed at $663.
How much is rent for a Cheap One Bedroom Homestead Terrace Apartment?
The lowest price for a Cheap One Bedroom Homestead Terrace Apartment is $768 at Tides on 51st.
What is the lowest price for a Cheap Two Bedroom Homestead Terrace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Homestead Terrace is starting from $1,049 at Portola West McDowell.
What is the most affordable Homestead Terrace Three Bedroom Apartment?
The best deal on a cheap Homestead Terrace Three Bedroom Apartment rental is at Villas De Azul and starts from $1,500.
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.

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).

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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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.

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
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