Cheap Apartments for Rent in the Story Neighborhood of Phoenix, AZ from $500 (133 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Story 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
property at 3623 N 5th Ave

3623 N 5th Ave

PhoenixAZ85013
property at 535 W Thomas Rd

535 W Thomas Rd

PhoenixAZ85013
property at 310 W Earll Dr

310 W Earll Dr

PhoenixAZ85013
Showing Results 1-50, Page 1 of 3

Story, Phoenix, AZ Local Guide

Cheapest Available Story Apartments for Rent

 

The cheapest available apartment rental in the Story area of Phoenix, AZ is a 1 Bed unit found at McCarty on Monroe priced from $530. 2025 West Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $703. Here are the most affordable Story apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
McCarty on Monroe1 Bedroom (A)1BR,1BA$530
2025 West Apartment HomesS1Studio,1BA$703
Spectra MidtownS2CStudio,1BA$773
The Resort on 27th1 Bed x 1 Bath Jr -1BR,1BA$845
Courtyard at Encanto ApartmentsStudioStudio,1BA$850
16th Ave ApartmentsStudio/1 BathStudio,1BA$895
La Monte 21BR/1.0BA1BR,1BA$900
Ellis MidtownStudioStudio,1BA$931
The Onyx Apartments*******IMMEDIATE MOVE IN*******oac1BR,1BA$949
X PhoenixCOLIVING Suites in 4 BR/4BAStudio,1BA$950

Best Value Apartments for Rent in Story, AZ

As of March 24, 2025 the best value apartment in the Story area is the $1.60 price per square foot Chloe Model at 1125 N 11th St in the in the South Phoenix neighborhood starting from $1,999. The second greatest value Story apartment is the 1107 W Osborn Rd Model at 1107 W Osborn Rd starting at $1,800 with a $1.63 price per square foot in the Downtown Phoenix neighborhood. Here is today’s list of the best values for Story apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1125 N 11th StChloe2BR,2BA$1.60
1107 W Osborn Rd1107 W Osborn Rd2BR,2BA$1.63
Large 2 bedroom units central Phoenix2x1 B1 R2BR,1BA$1.43
915 W Woodland Ave, Unit 915 UNIT 1915 W Woodland Ave2BR,1BA$1.57
Oasis Apartments2/1 Remodel2BR,1BA$1.65
The HawthorneThe Roosevelt1BR,1BA$1.66
Aura at Midtown1x1 Plan1BR,1BA$1.55
McCarty on Monroe1 Bedroom (A)1BR,1BA$0.77
Urbana at 11thOne Bed One Bath1BR,1BA$1.67
La Monte 21BR/1.0BA1BR,1BA$1.64

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Pet Friendly Lifestyle
Story, Phoenix, AZ

Ranked #13

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
Story, Phoenix, AZ

School data provided by Great Schools

Best Local Schools in
Story, Phoenix, AZ

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Phoenix. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, places that make kids happy, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Story Apartments

What is a cheap apartment in Story?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Story is under $950.

What is the price of a cheap apartment in Story?

The cheapest apartment in Story is McCarty on Monroe which is listed at $530, while the average apartment in Story costs $3,097.

What types of apartments are the cheapest in Story?

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 4,180 regular apartments in Story 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 Story?

Cheap apartments in Story have an average cost of $333 which is $2,764 cheaper than the average rent for all rentals in Story.

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.

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

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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

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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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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.

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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.