Cheap Homes for Rent in South Mountain Highland Terrace Neighborhood of Phoenix, AZ from $700 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the South Mountain Highland Terrace area of Phoenix.

property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Phoenix's Best Affordable Neighborhoods

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

South Mountain Highland Terrace, Phoenix, AZ Local Guide

Cheapest Available South Mountain Highland Terrace Apartments for Rent

 

The cheapest available apartment rental in the South Mountain Highland Terrace area of Phoenix, AZ is a Studio unit found at Sunrise Vista priced from $450. Victory Place I-IV has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable South Mountain Highland Terrace apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Sunrise VistaStudioStudio,1BA$450
Victory Place I-IVStudioStudio,1BA$720
Ascent on BroadwayStudioStudio,1BA$720
Paradise Palms I1 Bedroom1BR,1BA$739
The Molino ApartmentsStudio 325sqftStudio,1BA$799

Best Value Apartments for Rent in South Mountain Highland Terrace, AZ

As of May 18, 2025 the best value apartment in the South Mountain Highland Terrace area is the $1.30 price per square foot C5 Model at Stone View on 7th in the in the South Phoenix neighborhood starting from $2,345. The second greatest value South Mountain Highland Terrace apartment is the 4 bed 3 bath Model at Raymond Place Townhomes starting at $2,200 with a $1.27 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for South Mountain Highland Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stone View on 7thC53BR,2.5BA$1.30
Raymond Place Townhomes4 bed 3 bath4BR,3BA$1.27
Elevate on Vineyard3 Bedroom 2.5 Bathroom3BR,2.5BA$1.50
Colonia Del Sol ApartmentsVioletta3BR,2BA$1.42
San Portella2A2BR,2BA$1.52
Sunrise Vista2 Bedroom2BR,1BA$1.35
Somo LoftsStandard2BR,2BA$1.46
Paradise Palms I1 Bedroom1BR,1BA$1.06
Dahlia VillageOne Bedroom1BR,1BA$1.51
Victory Place I-IVStudioStudio ,1BA$1.50

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about South Mountain Highland Terrace

What type of rentals are currently available in South Mountain Highland Terrace?

There are currently 238 Apartments for Rent in South Mountain Highland Terrace, AZ with pricing that ranges from $450 to $10,832. There are also 197 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Mountain Highland Terrace ranging from $799 to $8,500.

What is the current price range for Rental Homes in South Mountain Highland Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Mountain Highland Terrace ranges from $799 to $8,500 with an average monthly rent of $2,312.

How much are larger Three and Four Bedroom Rentals in South Mountain Highland Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Mountain Highland Terrace range from $1,069 to $7,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $8,500. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,771.

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).

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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

Written by: Lauren Harrington

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

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

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.