Cheapest Neighborhoods in Phoenix, AZ
Some of the cheapest neighborhoods in Phoenix are Metrocenter, Casa Real Phoenix, and North Mountain. These neighborhoods offer some of the lowest rent prices in Phoenix, making them ideal for renters on a budget. As of September 24, 2026, the average rent in Phoenix is $1,300, 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
$1,064/Month
Year-Over-Year Rent Change
3.4%
Units Available
357 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.
Casa Real Phoenix
Average Rent
$1,068/Month
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Phoenix, Casa Real Phoenix might be the perfect place! It has an average rent price of $1,068, while the city’s average stands at $1,300. Casa Real Phoenix is near Grand Canyon University, Glendale/19Th Ave, and 19Th Ave/Camelback.
North Mountain
Average Rent
$1,148/Month
Year-Over-Year Rent Change
2.1%
Units Available
708 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.
Garfield
Average Rent
$1,161/Month
Year-Over-Year Rent Change
1.3%
Units Available
30 Rentals
Garfield is a top choice for budget-conscious renters for a variety of reasons. The average rent in Garfield is $1,161 while the city average is $1,300. This is a 1.3% difference from last year. Residents enjoy convenient access to 3Rd St/Washington, Arizona State Univ., Downtown, and Roosevelt/Central Ave.
Estrella
Average Rent
$1,176/Month
Year-Over-Year Rent Change
2.2%
Units Available
172 Rentals
When you’re looking for a great Phoenix neighborhood on a budget, check out Estrella. The average rent is $1,176, compared to the city average of $1,300. Rent prices have increased by 2.2%. Estrella is convenient to Lower Buckeye Plaza, Van Buren/1St Ave, and Grand Canyon University.
Paradise Lakes Condominiums
Average Rent
$1,230/Month
Units Available
21 Rentals
Paradise Lakes Condominiums is an affordable neighborhood in Phoenix with an average rent price of $1,230. Compare this to the city average of $1,300. Paradise Lakes Condominiums provides easy access to Bell Towne Plaza, Turtle Rock Basin, and Mountain View/25Th Ave.
Patterson Place
Average Rent
$1,233/Month
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Phoenix, Patterson Place might be the perfect place! It has an average rent price of $1,233, while the city’s average stands at $1,300. Patterson Place is near Encanto/Central Ave, Gateway Community College, and Phoenix Sky Harbor International.
Maryvale
Average Rent
$1,236/Month
Year-Over-Year Rent Change
0.2%
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.
Grand
Average Rent
$1,273/Month
Year-Over-Year Rent Change
6.8%
Units Available
17 Rentals
Grand is a top choice for budget-conscious renters for a variety of reasons. The average rent in Grand is $1,273 while the city average is $1,300. This is a 6.8% difference from last year. Residents enjoy convenient access to Jefferson/1St Ave, Margaret T. Hance Park, and Japanese Friendship Garden.
Gila River
Average Rent
$1,275/Month
Units Available
14 Rentals
When you’re looking for a great Phoenix neighborhood on a budget, check out Gila River. The average rent is $1,275, compared to the city average of $1,300. Gila River is convenient to City of Chandler Environmental Education Center, Alverno College, and Chandler-Gilbert C.C., Pecos.
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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.