Cheap Apartments for Rent in the South Phoenix Neighborhood of Phoenix, AZ from $300 (876 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Phoenix 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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property at 825 N 2nd Ave

825 N 2nd Ave

PhoenixAZ85003
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South Phoenix, Phoenix, AZ Local Guide

Cheapest Available South Phoenix Apartments for Rent

 

The cheapest available apartment rental in the South Phoenix area of Phoenix, AZ is a 1 Bed unit found at McCarty on Monroe priced from $530. Tides on 51st has the second lowest priced unit, which is a Studio apartment currently listed from $611. Here are the most affordable South Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
McCarty on Monroe1 Bedroom (A)1BR,1BA$530
Tides on 51st0BD, 1BTHStudio,1BA$611
Paradise Palms I1 Bedroom1BR,1BA$669
MarqueeOne Bedroom 559 Sq Ft A1BR,1BA$670
Vista Village on Van BurenStudioStudio,1BA$699
Ascent on BroadwayStudioStudio,1BA$720
Victory Place I-IVStudioStudio,1BA$720
Sunset Sound Studio ApartmentsSTUStudio,1BA$770
Omnia on ThomasCoronadoStudio,1BA$794

Best Value Apartments for Rent in South Phoenix, AZ

As of March 29, 2025 the best value apartment in the South Phoenix area is the $0.86 price per square foot 33055 N Madison Way Dr Model at 33055 N Madison Way Dr in the in the South Phoenix neighborhood starting from $2,845. The second greatest value South Phoenix apartment is the 42511 W Chisholm Dr Model at 42511 W Chisholm Dr starting at $2,295 with a $0.77 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for South Phoenix apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
33055 N Madison Way Dr33055 N Madison Way Dr4BR,2.5BA$0.86
42511 W Chisholm Dr42511 W Chisholm Dr4BR,2.5BA$0.77
2011 E Andalusian Loop2011 E Andalusian Loop5BR,3BA$0.85
22643 N Van Loo Dr22643 N Van Loo Dr4BR,2BA$0.82
1036 E Omega Dr1036 E Omega Dr4BR,2BA$0.85
5292 E Silverbell Rd5292 E Silverbell Rd4BR,2.5BA$0.79
43378 Oakland Ct43378 Oakland Ct3BR,2BA$0.81
42706 W Hillman Dr42706 W Hillman Dr3BR,3BA$0.81
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.59
McCarty on Monroe1 Bedroom (A)1BR,1BA$0.77

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
South Phoenix, Phoenix, AZ

Ranked #1

Among neighborhoods in Phoenix, AZ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Phoenix, Phoenix, AZ

School data provided by Great Schools

Best Local Schools in
South Phoenix, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Phoenix. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap South Phoenix Apartments

What is a cheap apartment in South Phoenix?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Phoenix is under $794.

What is the price of a cheap apartment in South Phoenix?

The cheapest apartment in South Phoenix is McCarty on Monroe which is listed at $530, while the average apartment in South Phoenix costs $2,235.

What types of apartments are the cheapest in South Phoenix?

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 378 regular apartments in South Phoenix 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 South Phoenix?

Cheap apartments in South Phoenix have an average cost of $476 which is $1,759 cheaper than the average rent for all rentals in South Phoenix.

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.