Cheap Homes for Rent in Park Place Neighborhood of Phoenix, AZ from $600 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the Park Place 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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1718 S Longmore

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Park Place, Phoenix, AZ Local Guide

Cheapest Available Park Place Apartments for Rent

 

The cheapest available apartment rental in the Park Place area of Phoenix, AZ is a Studio unit found at Pennytree priced from $875. San Jose Manor has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Park Place apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
PennytreeS1RStudio,1BA$875
San Jose ManorStudioStudio,1BA$949
Fiesta Village Furnished - Utilities IncludedStudio Furnished incl UtilitiesStudio,1BA$999
District at Fiesta ParkA1 - 1 Bed | 1 Bath1BR,1BA$1,002
WaterstoneStudio S1-450Studio,1BA$1,007

Best Value Apartments for Rent in Park Place, AZ

As of April 10, 2025 the best value apartment in the Park Place area is the $1.44 price per square foot Two Bedroom Model at Clare Feldstadt I in the in the South Phoenix neighborhood starting from $1,300. The second greatest value Park Place apartment is the Two-Bedroom | Two-Bathroom Model at Twin Palms starting at $1,385 with a $1.56 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Clare Feldstadt ITwo Bedroom2BR,1BA$1.44
Twin PalmsTwo-Bedroom | Two-Bathroom2BR,2BA$1.56
Aventerra at Dobson RanchB12BR,1BA$1.59
Sycamore Square Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.51
The QuinTwo Bedroom Renovated2BR,1BA$1.54
Del Coronado1 Bedroom 1 Bath - A21BR,1BA$1.53
Central on BroadwayE2BR,1BA$1.51
Vista ValleyA11BR,1BA$1.60
Villatree ApartmentsOne Bedroom One Bath1BR,1BA$1.58
District at Fiesta ParkA1 - 1 Bed | 1 Bath1BR,1BA$1.61

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Frequently Asked Questions about Park Place

What type of rentals are currently available in Park Place?

There are currently 114 Apartments for Rent in Park Place, AZ with pricing that ranges from $875 to $7,072. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $675 to $10,000.

What is the current price range for Rental Homes in Park Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Place ranges from $675 to $10,000 with an average monthly rent of $2,430.

How much are larger Three and Four Bedroom Rentals in Park Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Place range from $1,648 to $5,960, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,369.

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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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.

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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.