Best Affordable Neighborhoods in Phoenix, AZ

Some of the cheapest neighborhoods in Phoenix are Wedgewood Park, West Bartlett Estates, and Villas Northern. These neighborhoods offer some of the lowest rent prices in Phoenix, making them ideal for renters on a budget. As of November 11, 2025, the average rent in Phoenix is $1,296, which is 3.9% 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.

Wedgewood Park

Average Rent

$902/Month

TransitScore® Rating

42/100

Units Available

26 Rentals

If you’re looking for a great, affordable neighborhood in Phoenix, Wedgewood Park might be the perfect place! It has an average rent price of $902, while the city’s average stands at $1,296. Wedgewood Park is near University of Arizona, Arizona State Univ., Downtown, and Montebello/19Th Ave.

Apartments for Rent in Wedgewood Park Wedgewood Park Cheap Apartments

West Bartlett Estates

Average Rent

$928/Month

TransitScore® Rating

42/100

Units Available

11 Rentals

West Bartlett Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in West Bartlett Estates is $928 while the city average is $1,296. Residents enjoy convenient access to Phoenix Sky Harbor International, Wells Fargo Plaza, and Dreamy Draw Recreation Area. The neighborhood is considered car-dependent with a WalkScore® of 37.

Villas Northern

Average Rent

$945/Month

TransitScore® Rating

41/100

Units Available

42 Rentals

When you’re looking for a great Phoenix neighborhood on a budget, check out Villas Northern. The average rent is $945, compared to the city average of $1,296. Villas Northern is convenient to 19Th Ave/Dunlap, Conocido Park, and DeVry University, Arizona. The community is somewhat walkable with a WalkScore® of 57.

Apartments for Rent in Villas Northern Villas Northern Cheap Apartments

Highland West

Average Rent

$949/Month

TransitScore® Rating

39/100

Units Available

35 Rentals

Highland West is an affordable neighborhood in Phoenix with an average rent price of $949. Compare this to the city average of $1,296. Highland West provides easy access to El Oso Park, DeVry University, Arizona, and Phoenix Sky Harbor International. It’s a somewhat walkable neighborhood with a WalkScore® of 64.

Apartments for Rent in Highland West Highland West Cheap Apartments

Melrose Shadows

Average Rent

$956/Month

TransitScore® Rating

39/100

Units Available

36 Rentals

If you’re looking for a great, affordable neighborhood in Phoenix, Melrose Shadows might be the perfect place! It has an average rent price of $956, while the city’s average stands at $1,296. Melrose Shadows is near El Oso Park, Glendale Community College, and Mountain View/25Th Ave.

Apartments for Rent in Melrose Shadows Melrose Shadows Cheap Apartments

Homestead Terrace

Average Rent

$979/Month

TransitScore® Rating

42/100

Units Available

54 Rentals

Homestead Terrace is a top choice for budget-conscious renters for a variety of reasons. The average rent in Homestead Terrace is $979 while the city average is $1,296. Residents enjoy convenient access to Maryvale Park, Alkire Park, and Phoenix College. The neighborhood is considered car-dependent with a WalkScore® of 44.

Apartments for Rent in Homestead Terrace Homestead Terrace Cheap Apartments

Fruitland Acres

Average Rent

$986/Month

TransitScore® Rating

42/100

Units Available

39 Rentals

When you’re looking for a great Phoenix neighborhood on a budget, check out Fruitland Acres. The average rent is $986, compared to the city average of $1,296. Fruitland Acres is convenient to Plaza 27, Phoenix-Mesa Gateway, and Grand Canyon University. The community is car-dependent with a WalkScore® of 48.

Apartments for Rent in Fruitland Acres Fruitland Acres Cheap Apartments Fruitland Acres Low Income Apartments

Cavalier Manor

Average Rent

$998/Month

Units Available

18 Rentals

Cavalier Manor is an affordable neighborhood in Phoenix with an average rent price of $998. Compare this to the city average of $1,296. Cavalier Manor provides easy access to Northern/19Th Ave, Granada Park, and Montebello/19Th Ave.

Apartments for Rent in Cavalier Manor Cavalier Manor Cheap Apartments

Moon Valley Gardens

Average Rent

$999/Month

TransitScore® Rating

39/100

Units Available

42 Rentals

If you’re looking for a great, affordable neighborhood in Phoenix, Moon Valley Gardens might be the perfect place! It has an average rent price of $999, while the city’s average stands at $1,296. Moon Valley Gardens is near 19th Ave & Thunderbird Center, 19th & Thunderbird Plaza, and 19Th Ave/Dunlap.

Apartments for Rent in Moon Valley Gardens Moon Valley Gardens Cheap Apartments

Lake Biltmore Village

Average Rent

$1,012/Month

TransitScore® Rating

38/100

Units Available

125 Rentals

Lake Biltmore Village is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lake Biltmore Village is $1,012 while the city average is $1,296. Residents enjoy convenient access to Metro Towne Center, 25Th Ave/Dunlap, and Metro Pkwy. The neighborhood is considered car-dependent with a WalkScore® of 49.

Apartments for Rent in Lake Biltmore Village Lake Biltmore Village Cheap Apartments

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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.