
Cheap Homes for Rent in Paradise Valley Neighborhood of Phoenix, AZ from $1,100 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Paradise Valley area of Phoenix.


2843 E Marconi Ave

15425 N Tatum Blvd

2833 E Le Marche Ave

2826 E Marconi Ave

N. N 35th Way

2832 E Waltann Ln

16225 N Cave Creek Rd

12222 N Paradise Vlg Pkwy S

13035 N 34th St, Unit 4
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

16602 N 25th St, Unit 116

4901 E Kelton Ln

17365 N Cave Creek Rd

16041 N 31st St

3044 E Beck Ln

11640 N Tatum Blvd

4303 E Cactus Rd, Unit 205

4303 E Cactus Rd

3637 E Kings Ave

4303 E Cactus Rd, Unit 117B
Paradise Valley, Phoenix, AZ Local Guide

How much does it cost to rent a home in Paradise Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Paradise Valley 2 Bedroom Homes for Rent | $1,718 | $1,100 | $2,200 |
Paradise Valley 3 Bedroom Homes for Rent | $3,022 | $1,750 | $8,500 |
Paradise Valley 4 Bedroom Homes for Rent | $4,282 | $2,310 | $10,000+ |
Paradise Valley 5 Bedroom Homes for Rent | $6,766 | $5,895 | $7,950 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Paradise Valley Neighborhood of Phoenix, AZ.
Explore Phoenix
Paradise Valley, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Paradise Valley Apartments for Rent
 The cheapest available apartment rental in the Paradise Valley area of Phoenix, AZ is a Studio unit found at Tides on East Cactus priced from $900. The Summit Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $937. Here are the most affordable Paradise Valley apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tides on East Cactus | Studio | Studio,1BA | $900 |
The Summit Apartments | Two Bedroom | 2BR,2BA | $937 |
Windsprings Apartments | 1 X 1 | 1BR,1BA | $1,050 |
Park Greenvale | One Bedroom | 1BR,1BA | $1,075 |
Elara at Paradise Valley | A1 | Studio,1BA | $1,080 |
Best Value Apartments for Rent in Paradise Valley, AZ
As of April 07, 2025 the best value apartment in the Paradise Valley area is the $1.62 price per square foot Three Bedrooms Two Bathrooms Model at Fernwood Court Apartments in the in the North Phoenix neighborhood starting from $1,800. The second greatest value Paradise Valley apartment is the B2 (Topaz) Model at Sonterra Apartments at Paradise Valley starting at $1,685 with a $1.57 price per square foot in the North Phoenix neighborhood. Here is today’s list of the best values for Paradise Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fernwood Court Apartments | Three Bedrooms Two Bathrooms | 3BR,2BA | $1.62 |
Sonterra Apartments at Paradise Valley | B2 (Topaz) | 2BR,2BA | $1.57 |
Sun Terrace Apartments | 2 Bedroom | 2BR,2BA | $1.47 |
Paradise Greens | 2 Bedroom | 2BR,2BA | $1.67 |
The Charleston | 2 Bed/1 Bath | 2BR,1BA | $1.71 |
Zen Senior Living | Lotus | 2BR,2BA | $1.54 |
Buenas Paradise Valley | $350 TOTAL MOVE-IN | 2BR,1BA | $1.41 |
The Summit Apartments | Two Bedroom | 2BR,1BA | $1.25 |
Waterford On Tatum | 1x1 749 | 1BR,1BA | $1.72 |
Paradise Arbor | 2x1 | 2BR,1.5BA | $1.68 |
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 Paradise Valley
What type of rentals are currently available in Paradise Valley?
There are currently 192 Apartments for Rent in Paradise Valley, AZ with pricing that ranges from $750 to $6,112. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Valley ranging from $1,100 to $10,500.
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 $1,100 to $10,500 with an average monthly rent of $3,509.
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 $1,869 to $6,112, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,310 and Four Bedroom Apartments start at $2,530.
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.