Cheap Apartments for Rent in the Homestead Terrace Neighborhood of Phoenix, AZ from $600 (17 Rentals)

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

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Indigo Pointe
2 to 3 Bedroom Apartments

Indigo Pointe

475 N 43rd AvePhoenix, AZ 85009
  • Utilities Included
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Los Vecinos Apartments
Studio to 1 Bedroom Apartments

Los Vecinos Apartments

1950 N 43rd AvePhoenix, AZ 85009
  • Utilities Included

Phoenix's Best Affordable Neighborhoods

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

Homestead Terrace, Phoenix, AZ Local Guide

Cheapest Available Homestead Terrace Apartments for Rent

 

The cheapest available apartment rental in the Homestead Terrace area of Phoenix, AZ is a 1 Bed unit found at Tides on 51st priced from $718. Morada Sky has the second lowest priced unit, which is a 1 Bed apartment currently listed from $746. Here are the most affordable Homestead Terrace apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Tides on 51st1BD, 1BTH1BR,1BA$718
Morada SkyAzure1BR,1BA$746
Aspire West PhoenixStudioStudio,1BA$799
Los Vecinos ApartmentsStudioStudio,1BA$800
Cove on 44thA1 Upgraded1BR,1BA$825

Best Value Apartments for Rent in Homestead Terrace, AZ

As of April 18, 2025 the best value apartment in the Homestead Terrace area is the $1.51 price per square foot Nova Renovated Model at La Estrella Vista in the in the Maryvale neighborhood starting from $1,749. The second greatest value Homestead Terrace apartment is the 2X2 Model at Morada Grande starting at $1,562 with a $1.60 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 ListingModel NameBed/BathPrice Per Sq.Ft.
La Estrella VistaNova Renovated3BR,2BA$1.51
Morada Grande2X22BR,2BA$1.60
Sol DistrictA1S1BR,1BA$1.47
Villas De AzulSapphire2BR,1BA$1.66
Glenrosa ParkA11BR,1BA$1.54
Paloma Village1 Bed - 1 Bath1BR,1BA$1.60
Villa de Cortez1A1BR,1BA$1.41
Tides on 71stKONA1BR,1BA$1.60
Casa Sol ApartmentsOne Bedroom1BR,1BA$1.73
Tides on 51st0BD, 1BTHStudio ,1BA$1.65

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Pet Friendly Lifestyle
Homestead Terrace, Phoenix, AZ

Ranked #128

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

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

Frequently Asked Questions about Cheap Homestead Terrace Apartments

What is a cheap apartment in Homestead Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Homestead Terrace is under $999.

What is the price of a cheap apartment in Homestead Terrace?

The cheapest apartment in Homestead Terrace is Tides on 51st which is listed at $718, while the average apartment in Homestead Terrace costs $1,749.

What types of apartments are the cheapest in Homestead Terrace?

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 20 regular apartments in Homestead Terrace 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 Homestead Terrace?

Cheap apartments in Homestead Terrace have an average cost of $119 which is $1,630 cheaper than the average rent for all rentals in Homestead Terrace.

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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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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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.

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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.