close
View Me
Rent Specials
from $800Studio to 3 Bedroom Apartments Available Now
Sunrise Vista
4415 S 28th StPhoenix, AZ 85040
Cheap Apartments for Rent in the Southbank Neighborhood of Phoenix, AZ from $800 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southbank area of Phoenix.
close
View Me
close
View Me
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
Showing Results 1-3, Page 1 of 1
Southbank, Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Southbank?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southbank Studio Apartments | $1,329 | $800 | $1,559 |
| Southbank 1 Bedroom Apartments | $1,505 | $1,061 | $2,100 |
| Southbank 2 Bedroom Apartments | $1,687 | $1,269 | $2,020 |
| Southbank 3 Bedroom Apartments | $2,086 | $1,460 | $2,362 |
| Southbank 4 Bedroom Apartments | $1,974 | $1,945 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Southbank Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
Southbank, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Southbank, AZ
As of April 13, 2025 the best value apartment in the Southbank area is the $1.65 price per square foot 3 Bed/2 Bath Model at Sanctuary at South Mountain in the in the South Phoenix neighborhood starting from $2,300. The second greatest value Southbank apartment is the 4 bed 2.5 bath Model at Raymond Place Townhomes starting at $1,945 with a $1.42 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Southbank apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sanctuary at South Mountain | 3 Bed/2 Bath | 3BR,2BA | $1.65 |
| Raymond Place Townhomes | 4 bed 2.5 bath | 4BR,2.5BA | $1.42 |
| San Portella | 3A | 3BR,2BA | $1.72 |
| MAA Fountainhead | The Picasso | 3BR,2BA | $1.88 |
| Portola South Mountain | 2 Bedroom R | 2BR,2BA | $1.61 |
| Somo Lofts | Standard | 2BR,2BA | $1.46 |
| Cortland at Raven | Hummingbird | 1BR,1BA | $1.82 |
| 2957 E Atlanta Ave, Unit 3-Atlanta Ave | 2957 E Atlanta Ave | 2BR,1BA | $1.88 |
| Parc South Mountain | 1x1-726 | 1BR,1BA | $1.82 |
| Esteban Park | Vitality | 1BR,1BA | $1.87 |
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.
Let everyone know!
Do you know the Southbank area?
If you’re an expert on all things Southbank, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSouthbank, Phoenix, AZ
Ranked #143
Among neighborhoods in Phoenix, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Southbank Apartments
What is the price of a cheap apartment in Southbank?
The cheapest apartment in Southbank is Sunrise Vista which is listed at $1,061, while the average apartment in Southbank costs $2,149.
What types of apartments are the cheapest in Southbank?
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 4 regular apartments in Southbank 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 Southbank?
Cheap apartments in Southbank have an average cost of $133 which is $2,016 cheaper than the average rent for all rentals in Southbank.
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.