Most Affordable Neighborhoods in Phoenix, AZ
Some of the cheapest neighborhoods in Phoenix are Metrocenter, North Mountain, and Maryvale. These neighborhoods offer some of the lowest rent prices in Phoenix, making them ideal for renters on a budget. As of February 10, 2025, the average rent in Phoenix is $1,336, which is 1.3% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Metrocenter
Average Rent
$1,266/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
45/100
Units Available
355 Rentals
Metrocenter is a historically significant neighborhood known for its extensive development and revitalization efforts, as well as its proximity to the Arizona Canal. With the recent transformation of the Metrocenter Mall into a walkable village featuring new transit-oriented amenities, this area offers convenient access to various lifestyle options and a burgeoning sense of community.
North Mountain
Average Rent
$1,357/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
42/100
Units Available
734 Rentals
North Mountain boasts an array of outdoor recreational activities and scenic trails that appeal to nature enthusiasts. With its proximity to shopping centers, dining options, and cultural attractions, North Mountain Village ensures convenience without compromising natural beauty.
Maryvale
Average Rent
$1,378/Month
Year-Over-Year Rent Change
3.7%
TransitScore® Rating
39/100
Units Available
406 Rentals
Located in the heart of Phoenix, Maryvale is a historic yet evolving neighborhood that offers a rich cultural experience and diverse living options. With its numerous parks, outdoor entertainment at Desert Sky Pavilion, and convenient proximity to major highways, Maryvale provides a balanced lifestyle.
South West Valley
Average Rent
$1,453/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
50/100
Units Available
2,517 Rentals
Located in the West Valley of Phoenix, Arizona, the South West Valley presents an picturesque option for renters. This area is not only known for its well-maintained infrastructure but also boasts proximity to the stunning Estrella Mountains and renowned parks like Estrella Mountain Regional Park and White Tank Mountain Regional Park. Experience convenient living with access to scenic trails, outdoor recreation, and essential amenities just a short drive away.
North Phoenix
Average Rent
$1,508/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
39/100
Units Available
1,967 Rentals
North Phoenix is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Phoenix is $1,508 while the city average is $1,336. This is a -1.8% difference from last year. Residents enjoy convenient access to Arizona State University, West, Cave Creek Center, and Plaza 16 Retail Center. The neighborhood is considered somewhat walkable with a WalkScore® of 57.
East Side
Average Rent
$1,527/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
53/100
Units Available
447 Rentals
East Side Phoenix offers a laidback atmosphere just minutes from Downtown Phoenix, making it perfect for renters who want to be close to metropolitan amenities. This neighborhood strikes a balance between affordability and convenience, featuring spacious homes, mature palm trees, and pedestrian-friendly streets.
South Phoenix
Average Rent
$1,562/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
31/100
Units Available
678 Rentals
When you’re looking for a great Phoenix neighborhood on a budget, check out South Phoenix. The average rent is $1,562, compared to the city average of $1,336. Rent prices have decreased by 1.6%. South Phoenix is convenient to South Mountain Comm. Coll., Rural/Apache, and Mesa C.C., Southern and Dobson. The community is car-dependent with a WalkScore® of 33.
Papago
Average Rent
$1,569/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
38/100
Units Available
640 Rentals
Papago is an affordable neighborhood in Phoenix with an average rent price of $1,569. Compare this to the city average of $1,336. In the past year, rent prices have decreased by 2.7%. Papago provides easy access to 38Th St/Washington, Gateway Community College, and Desert Arboretum Park. It’s a somewhat walkable neighborhood with a WalkScore® of 52.
Paradise Valley North
Average Rent
$1,606/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
36/100
Units Available
529 Rentals
Paradise Valley North in Phoenix, Arizona, is renowned for its stunning desert landscapes and serene environment. This area provides a tranquil setting with quick access to outdoor recreation, making it the perfect location for renters seeking easy access to a weekend adventure.
Deer Valley
Average Rent
$1,621/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
25/100
Units Available
1,537 Rentals
If you’re looking for a great, affordable neighborhood in Phoenix, Deer Valley might be the perfect place! It has an average rent price of $1,621, while the city’s average stands at $1,336. In the last year, prices have decreased by 2.5%. Deer Valley is near Arizona State University, West, Northern/19Th Ave, and North Canyon Ranch.
Ready to make your move to Phoenix? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.