As the city continues to grow, finding the cheapest neighborhoods in Phoenix remains a top priority for renters looking to balance cost and convenience. Whether you’re a first-time renter, or just looking to grow your savings, exploring apartments in Phoenix can help you find a community that fits your lifestyle and budget.
In this Rent. article, we’ll explore some of the most affordable neighborhoods in Phoenix, complete with neighborhood highlights and key details to help you find your perfect home.
Here’s a quick look at some of the most budget-friendly neighborhoods in Phoenix and what you can expect to pay for a one-bedroom apartment in each area.
| Neighborhood | Average 1-bedroom rent |
| Garfield | $849 |
| Meadowbrook | $895 |
| Governmental Mall | $949 |
| Sunnyslope | $995 |
| Melrose Woodlea | $1,000 |
| Lake Biltmore Village | $1,035 |
| Greenway Manor | $1,099 |
| Alhambra | $1,147 |
| South Mountain | $1,160 |
1. Garfield
Average 1-bedroom rent: $849 | YoY change: -11%
Average 2-bedroom rent: $1,075 | YoY change: N/A
Neighborhood highlights: Historic bungalows, art galleries, community events
Garfield is a historic neighborhood with a creative, artsy vibe that shines through its colorful murals and charming bungalows. It’s home to iconic spots like Welcome Diner, where you can grab a late-night bite, and Gallo Blanco for top-notch tacos. The Roosevelt Row Arts District is just a short bike ride away, making it easy to explore galleries and monthly First Friday art walks. Garfield’s walkable streets and close proximity to downtown make it a favorite for renters.
2. Meadowbrook
Average 1-bedroom rent: $895 | YoY change: -28%
Average 2-bedroom rent: $1,495 | YoY change: -9%
Neighborhood highlights: Quiet streets, nearby shopping, easy freeway access
Meadowbrook has quiet residential streets paired with easy access to some of Phoenix’s best conveniences. Nearby shopping hubs like Biltmore Fashion Park and Town & Country provide everything from high-end stores to local dining, such as The Gladly, known for its famous chopped salad. The neighborhood is also close to the Arizona Canal Trail, perfect for walking or biking while enjoying views of the city.
3. Governmental Mall
Average 1-bedroom rent: $949 | YoY change: N/A
Average 2-bedroom rent: $1,165 | YoY change: N/A
Neighborhood highlights: Capitol buildings, green spaces, walkable downtown
Situated near the heart of downtown, Governmental Mall is known for its proximity to Phoenix’s political and cultural landmarks. The Arizona State Capitol is a centerpiece of the area, and the Wesley Bolin Memorial Plaza provides a green space filled with historic monuments. Commuting is a breeze with access to Valley Metro Rail and major bus routes. For dining, you’re just a short distance from The Duce, a quirky spot offering comfort food, and live music.
4. Sunnyslope
Average 1-bedroom rent: $995 | YoY change: -19%
Average 2-bedroom rent: $1,050 | YoY change: -20%
Neighborhood highlights: Mountain views, hiking trails, historic charm
Sunnyslope has beautiful mountain views and a laid-back charm that’s hard to find elsewhere. The neighborhood has easy access to the Phoenix Mountains Preserve, with hiking trails like Shaw Butte and North Mountain Trailhead just minutes away. Unique local spots like Timo Wine Bar provide a cozy atmosphere for enjoying tapas and drinks. Sunnyslope’s mix of natural beauty and local flair makes it a standout choice for renters looking for something off the beaten path.
5. Melrose Woodlea
Average 1-bedroom rent: $1,000 | YoY change: -7%
Average 2-bedroom rent: $1,200 | YoY change: -4%
Neighborhood highlights: Retro vibes, vintage shops, diverse dining
Melrose Woodlea is a retro-inspired neighborhood known for its mid-century vibes and lively energy. The Melrose District is the heart of the area, offering vintage shops, trendy bars, and restaurants like Copper Star Coffee, a converted gas station turned café. The area also hosts the Melrose Street Fair, an annual event featuring live music, food trucks, and local artisans. Its bike-friendly streets and eclectic charm give Melrose Woodlea a unique personality renters love.
6. Lake Biltmore Village
Average 1-bedroom rent: $1,035 | YoY change: -3%
Average 2-bedroom rent: $1,344 | YoY change: 8%
Neighborhood highlights: Nearby lakes, shaded parks
Lake Biltmore Village combines natural beauty with urban convenience. Nearby, you’ll find the serene Castles N’ Coasters amusement park, where you can enjoy a mini-golf game or roller coasters. The neighborhood also has access to Metrocenter for shopping and dining, as well as shaded parks perfect for outdoor relaxation.
7. Greenway Manor
Average 1-bedroom rent: $1,099 | YoY change: 22%
Average 2-bedroom rent: $1,295 | YoY change: 45%
Neighborhood highlights: Affordable rentals, local schools, suburban feel
Greenway Manor is a rapidly growing neighborhood in Phoenix with a fresh energy that’s hard to ignore. It’s home to local dining gems like La Canasta, known for its authentic Mexican dishes, and easy access to the I-17 freeway makes getting around the city a breeze. The neighborhood also features pocket parks and walkable streets, creating a balance between urban and residential appeal.
8. Alhambra
Average 1-bedroom rent: $1,147 | YoY change: 5%
Average 2-bedroom rent: $1,422 | YoY change: 3%
Neighborhood highlights: Cultural diversity, historic homes, close to Grand Canyon University
Alhambra is a culturally rich neighborhood with a mix of historic homes and modern amenities. It’s home to diverse dining options like Los Dos Molinos, famous for its spicy New Mexican cuisine, and the Grand Canyon University campus is located nearby. Alhambra’s central location also means quick access to downtown and popular spots like Encanto Park, known for its boating, fishing, and golf course.
9. South Mountain
Average 1-bedroom rent: $1,160 | YoY change: -3%
Average 2-bedroom rent: $1,385 | YoY change: 3%
Neighborhood highlights: Scenic hiking, community parks
South Mountain is one of the best neighborhoods in Phoenix for outdoor enthusiasts. The area has direct access to the South Mountain Park and Preserve, one of the largest urban parks in the country. The park features miles of hiking and biking trails with breathtaking desert views. The neighborhood is also close to The Farm at South Mountain, where you can enjoy farm-to-table dining in a picturesque setting.
Methodology: All neighborhoods listed are based on Phoenix’s Rental Market Trends on Rent.com. Average rental data and annual change data are sourced from January 2025.
