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 January 1, 2025, the average rent in Phoenix is $1,323, which is 1.4% 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
$1,237/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
45/100
Units Available
328 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
$1,328/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
42/100
Units Available
710 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
$1,346/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
39/100
Units Available
350 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
$1,456/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
24/100
Units Available
2,415 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
$1,520/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
51/100
Units Available
1,848 Rentals
If you’re looking for a great, affordable neighborhood in Phoenix, North Phoenix might be the perfect place! It has an average rent price of $1,520, while the city’s average stands at $1,323. In the last year, prices have decreased by 1.8%. North Phoenix is near Argosy University, Venturoso Park, and Lookout Mountain Park.
East Side
Average Rent
$1,528/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
53/100
Units Available
426 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
$1,554/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
31/100
Units Available
581 Rentals
South Phoenix is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Phoenix is $1,554 while the city average is $1,323. This is a -2.2% difference from last year. Residents enjoy convenient access to Pecos Park, Dorsey Ln/Apache Blvd, and Chandler-Gilbert CC. Sun Lakes. The neighborhood is considered car-dependent with a WalkScore® of 33.
Deer Valley
Average Rent
$1,612/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
0/100
Units Available
1,400 Rentals
When you’re looking for a great Phoenix neighborhood on a budget, check out Deer Valley. The average rent is $1,612, compared to the city average of $1,323. Rent prices have increased by 0.2%. Deer Valley is convenient to Deem Hills Recreation Area, Paseo Highlands Park, and Arizona State University, West. The community is car-dependent with a WalkScore® of 29.
Midtown Phoenix
Average Rent
$1,612/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
50/100
Units Available
1,028 Rentals
Midtown Phoenix is an affordable neighborhood in Phoenix with an average rent price of $1,612. Compare this to the city average of $1,323. In the past year, rent prices have decreased by 1.5%. Midtown Phoenix provides easy access to Campbell/Central Ave, Phoenix College, and Osborn/Central Ave. It’s a walkable neighborhood with a WalkScore® of 73.
Papago
Average Rent
$1,626/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
38/100
Units Available
628 Rentals
If you’re looking for a great, affordable neighborhood in Phoenix, Papago might be the perfect place! It has an average rent price of $1,626, while the city’s average stands at $1,323. In the last year, prices have decreased by 1.1%. Papago is near Gateway Community College, 44Th St/Washington, and Arcadia Court.
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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.