Most Affordable Neighborhoods in Phoenix, AZ

Some of the cheapest neighborhoods in Phoenix are Cavalier Manor, Elm Acres, and West Bartlett Estates. These neighborhoods offer some of the lowest rent prices in Phoenix, making them ideal for renters on a budget. As of July 28, 2025, the average rent in Phoenix is $1,326, which is 2.4% 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.

Cavalier Manor

Average Rent

$862/Month

Units Available

14 Rentals

If you’re looking for a great, affordable neighborhood in Phoenix, Cavalier Manor might be the perfect place! It has an average rent price of $862, while the city’s average stands at $1,326. Cavalier Manor is near 7Th Ave/Camelback, North Mountain Park, and Montebello/19Th Ave.

Apartments for Rent in Cavalier Manor Cavalier Manor Cheap Apartments

Elm Acres

Average Rent

$887/Month

TransitScore® Rating

54/100

Units Available

11 Rentals

Elm Acres is a top choice for budget-conscious renters for a variety of reasons. The average rent in Elm Acres is $887 while the city average is $1,326. Residents enjoy convenient access to Japanese Friendship Garden, Phoenix College, and Central Ave/Camelback. The neighborhood is considered walkable with a WalkScore® of 75.

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

West Bartlett Estates

Average Rent

$914/Month

TransitScore® Rating

42/100

Units Available

29 Rentals

When you’re looking for a great Phoenix neighborhood on a budget, check out West Bartlett Estates. The average rent is $914, compared to the city average of $1,326. West Bartlett Estates is convenient to Osborn/Central Ave, Granada Park, and Indian School/Central Ave. The community is car-dependent with a WalkScore® of 37.

Apartments for Rent in West Bartlett Estates West Bartlett Estates Cheap Apartments

Stardust Skies

Average Rent

$930/Month

TransitScore® Rating

37/100

Units Available

16 Rentals

Stardust Skies is an affordable neighborhood in Phoenix with an average rent price of $930. Compare this to the city average of $1,326. Stardust Skies provides easy access to North Mountain Park, 25Th Ave/Dunlap, and Northern/19Th Ave. It’s a somewhat walkable neighborhood with a WalkScore® of 66.

Apartments for Rent in Stardust Skies Stardust Skies Cheap Apartments

Northern Village

Average Rent

$930/Month

Units Available

17 Rentals

If you’re looking for a great, affordable neighborhood in Phoenix, Northern Village might be the perfect place! It has an average rent price of $930, while the city’s average stands at $1,326. Northern Village is near Mountain View/25Th Ave, Acoma Park, and Northern/19Th Ave.

Apartments for Rent in Northern Village Northern Village Cheap Apartments

Homestead Terrace

Average Rent

$947/Month

TransitScore® Rating

42/100

Units Available

37 Rentals

Homestead Terrace is a top choice for budget-conscious renters for a variety of reasons. The average rent in Homestead Terrace is $947 while the city average is $1,326. Residents enjoy convenient access to Colter Park, El Oso Park, and Montebello/19Th Ave. The neighborhood is considered car-dependent with a WalkScore® of 44.

Apartments for Rent in Homestead Terrace Homestead Terrace Cheap Apartments

Olive Acres

Average Rent

$947/Month

Units Available

17 Rentals

When you’re looking for a great Phoenix neighborhood on a budget, check out Olive Acres. The average rent is $947, compared to the city average of $1,326. Olive Acres is convenient to 19Th Ave/Dunlap, Metro Pkwy, and Acoma Park.

Apartments for Rent in Olive Acres Olive Acres Cheap Apartments

Braewood Estates

Average Rent

$949/Month

Units Available

40 Rentals

Braewood Estates is an affordable neighborhood in Phoenix with an average rent price of $949. Compare this to the city average of $1,326. Braewood Estates provides easy access to El Oso Park, Colter Park, and Crossroads Village.

Apartments for Rent in Braewood Estates Braewood Estates Cheap Apartments

Villas Northern

Average Rent

$979/Month

TransitScore® Rating

41/100

Units Available

31 Rentals

If you’re looking for a great, affordable neighborhood in Phoenix, Villas Northern might be the perfect place! It has an average rent price of $979, while the city’s average stands at $1,326. Villas Northern is near Valley Fair Shopping Center, North Mountain Park, and Conocido Park.

Apartments for Rent in Villas Northern Villas Northern Cheap Apartments

Fruitland Acres

Average Rent

$1,001/Month

TransitScore® Rating

42/100

Units Available

31 Rentals

Fruitland Acres is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fruitland Acres is $1,001 while the city average is $1,326. Residents enjoy convenient access to Phoenix-Mesa Gateway, University of Arizona, and Montebello/19Th Ave. The neighborhood is considered car-dependent with a WalkScore® of 48.

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