Cheap Apartments for Rent in Forest Lakes, AZ from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Forest Lakes.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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116 E Second St
1 Bedroom Apartments

116 E Second St

116 E Second StWinslow, AZ 86047
property at 406 N 1st Ave

$1,175

3 Bedroom, 1 Bath Townhome for Rent

Available Now

406 N 1st Ave

HolbrookAZ86025
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Alta Vista
Studio to 2 Bedroom Apartments

Alta Vista

7234 E Cave Creek RdCarefree, AZ 85377

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Parkway Apartments
2 to 3 Bedroom Apartments

Parkway Apartments

300 E Cliffs PkyCamp Verde, AZ 86322

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-23, Page 1 of 1

Forest Lakes, AZ Local Guide

Cheapest Available Forest Lakes Apartments for Rent and Nearby

 

The cheapest available apartment rental in Forest Lakes, AZ is a Studio unit found at Winslow Apartment Companies priced from $850. Timberstone Apartments in the Torreon neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $870. Here is today’s list of the most affordable Forest Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Winslow Apartment CompaniesLodge StudioStudio,1BA$850
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$870
Millpond Village ApartmentsONE Bedroom1BR,1BA$1,200
Woodlands Village ApartmentsStudioStudio,1BA$1,395
University Square ApartmentsStudioStudio,1BA$1,485

Best Value Apartments for Rent in Forest Lakes, AZ and Nearby

As of June 22, 2026 the best value apartment in the Forest Lakes area is the $0.57 price per square foot 4x4 Model at Wavertree Apartments in the in the La Plaza Vieja neighborhood starting from $850. The second greatest value Forest Lakes apartment is the Lowell Model at Sterling Pointe starting at $1,887 with a $1.87 price per square foot in the La Plaza Vieja neighborhood. Here is today’s list of the best values for Forest Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wavertree Apartments4x44BR,4BA$0.57
Sterling PointeLowell2BR,2BA$1.87
Desert Parks VistaA4L Premier1BR,1BA$1.93
Mountain Park TownhomesTwo Bedroom2BR,2BA$1.55
Clear Creek Village2BR/2BA - 9502BR,2BA$0.96
Country Club Meadows ApartmentsTwo Bedroom 1.5 Bath2BR,1.5BA$1.97
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$0.96
Ridge at Clear Creek2BR/2BA2BR,2BA$1.00
Park Place Flagstaff2x2 Style 52BR,2BA$1.68
Commons at Sawmill2 Bed Furn Premium2BR,2BA$1.11

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Forest Lakes Apartments

What is the Cheapest Studio apartment in Forest Lakes?

Currently the most affordable Cheap Studio Apartment in Forest Lakes is at Winslow Apartment Companies listed at $850.

How much is rent for a Cheap One Bedroom Forest Lakes Apartment?

The lowest price for a Cheap One Bedroom Forest Lakes Apartment is $1,175 at Winslow Apartment Companies.

What is the lowest price for a Cheap Two Bedroom Forest Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Forest Lakes is starting from $870 at Timberstone Apartments.

What is the most affordable Forest Lakes Three Bedroom Apartment?

The best deal on a cheap Forest Lakes Three Bedroom Apartment rental is at Timberstone Apartments and starts from $998.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.