Cheap Apartments for Rent in the Southbank Neighborhood of Phoenix, AZ from $800 (10 Rentals)

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

Search the lowest-cost Apartments available for rent right now in the Southbank area of Phoenix.

close
View Me
Grandfamilies Place
2 to 3 Bedroom Apartments

Grandfamilies Place

5150 S 18th PlPhoenix, AZ 85040
Senior Living
close
View Me
Topaz Pointe
2 to 3 Bedroom Apartments

Topaz Pointe

2140 E Broadway RdPhoenix, AZ 85040
  • Utilities Inc.
close
View Me
2340 E Hidalgo Ave
3 Bedroom Apartments

2340 E Hidalgo Ave

2340 E Hidalgo AvePhoenix, AZ 85040
  • Utilities Inc.

Phoenix's Best Affordable Neighborhoods

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

Southbank, Phoenix, AZ Local Guide

Cheapest Available Southbank Apartments for Rent

 

The cheapest available apartment rental in the Southbank area of Phoenix, AZ is a Studio unit found at Sunrise Vista priced from $800. The Halston has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,280. Here are the most affordable Southbank apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Sunrise VistaStudioStudio,1BA$800
The HalstonA11BR,1BA$1,280
Portola South Mountain1 Bedroom R1BR,1BA$1,299

Best Value Apartments for Rent in Southbank, AZ

As of March 13, 2025 the best value apartment in the Southbank area is the $1.42 price per square foot 4508 E Saint Catherine Ave Model at 4508 E Saint Catherine Ave in the in the South Phoenix neighborhood starting from $2,029. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4508 E Saint Catherine Ave4508 E Saint Catherine Ave4BR,2BA$1.42
Raymond Place Townhomes4 bed 2.5 bath4BR,2.5BA$1.42
San Portella3A3BR,2BA$1.74
Sanctuary at South Mountain2 Bed/2 Bath2BR,2BA$1.79
Esteban ParkSymmetry2BR,2BA$1.49
5628 S 21st Pl5628 S 21st Pl2BR,2BA$1.93
2957 E Atlanta Ave, Unit 3-Atlanta Ave2957 E Atlanta Ave2BR,1BA$1.88
Portola South Mountain1 Bedroom R1BR,1BA$1.76
Parc South Mountain1x1-7261BR,1BA$1.93
Cirq 44LAS (11E)1BR,1BA$1.98

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

Pet Friendly Lifestyle
Southbank, Phoenix, AZ

Ranked #119

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Southbank Apartments

What is the Cheapest Studio apartment in Southbank?

Currently the most affordable Cheap Studio Apartment in Southbank is at Sunrise Vista listed at $800.

How much is rent for a Cheap One Bedroom Southbank Apartment?

The lowest price for a Cheap One Bedroom Southbank Apartment is $1,061 at Sunrise Vista.

What is the lowest price for a Cheap Two Bedroom Southbank Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southbank is starting from $1,269 at Sunrise Vista.

What is the most affordable Southbank Three Bedroom Apartment?

The best deal on a cheap Southbank Three Bedroom Apartment rental is at Sunrise Vista and starts from $1,460.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.