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 March 13, 2025, the average rent in Phoenix is $1,334, which is 1.8% 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
$1,256/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
45/100
Units Available
366 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
$1,375/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
42/100
Units Available
740 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
$1,403/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
39/100
Units Available
393 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
$1,490/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
25/100
Units Available
2,439 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.
East Side
Average Rent
$1,516/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
53/100
Units Available
442 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
$1,544/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
31/100
Units Available
663 Rentals
When you’re looking for a great Phoenix neighborhood on a budget, check out South Phoenix. The average rent is $1,544, compared to the city average of $1,334. Rent prices have decreased by 1.1%. South Phoenix is convenient to Mesa C.C., Southern and Dobson, Chandler-Gilbert C.C., Pecos, and Phoenix Sky Harbor International. The community is car-dependent with a WalkScore® of 33.
Papago
Average Rent
$1,581/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
38/100
Units Available
608 Rentals
Papago is an affordable neighborhood in Phoenix with an average rent price of $1,581. Compare this to the city average of $1,334. In the past year, rent prices have decreased by 2.1%. Papago provides easy access to McDowell Plaza, 38Th St/Washington, and Papago Park. It’s a somewhat walkable neighborhood with a WalkScore® of 52.
North Phoenix
Average Rent
$1,592/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
39/100
Units Available
2,053 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 $1,592, while the city’s average stands at $1,334. In the last year, prices have decreased by 0.8%. North Phoenix is near DeVry University, Arizona, Venturoso Park, and North Mountain Park.
Deer Valley
Average Rent
$1,616/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
25/100
Units Available
1,581 Rentals
Deer Valley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Deer Valley is $1,616 while the city average is $1,334. This is a -3.1% difference from last year. Residents enjoy convenient access to Adobe Mountain Park, Challenger Space Center, and Montebello/19Th Ave. The neighborhood is considered car-dependent with a WalkScore® of 40.
Midtown Phoenix
Average Rent
$1,641/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
50/100
Units Available
1,040 Rentals
When you’re looking for a great Phoenix neighborhood on a budget, check out Midtown Phoenix. The average rent is $1,641, compared to the city average of $1,334. Rent prices have decreased by 2.1%. Midtown Phoenix is convenient to Campbell/Central Ave, Phoenix-Mesa Gateway, and Camel Center. The community is walkable with a WalkScore® of 73.
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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.