I live in Queen Creek and absolutely love it out here. However, I work in downtown Phoenix, the commute is about 45 min each way but manageable if your hours are decent. Houses out here are fairly cheap and if you can get a mortgage, you are looking at $300-$800 for a payment on a decent house. Rent is higher right now because of all of the foreclosures. People are moving out of homes and into condo/apartments all over the valley. There are still some OK deals out there to be had for apartments, they may just not be in the areas you want to be in. Check out Valley King Properties (www.valleyking.com), they are a locator service that is free to use. I had used them 3 times when I was living in apartments to help me find the best deals in the areas I wanted to be in, and they were great.
Good Luck!