Cheap Apartments for Rent in Forest Lakes, AZ from $700 (6 Rentals)

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

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 4 Beds unit found at Commons at Sawmill in the La Plaza Vieja neighborhood priced from $780. Timberstone Apartments in the Torreon neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $844. Here is today’s list of the most affordable Forest Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Commons at Sawmill4 Bed Unf Premium4BR,2BA$780
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$844
Winslow Apartment CompaniesLodge StudioStudio,1BA$850

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

As of October 30, 2025 the best value apartment in the Forest Lakes area is the $0.57 price per square foot 1001 Model at Wavertree Apartments in the in the La Plaza Vieja neighborhood starting from $850. The second greatest value Forest Lakes apartment is the C1 Premier Model at Desert Parks Vista starting at $2,932 with a $2.13 price per square foot in the McDowell Mountain Ranch 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 Apartments10014BR,4BA$0.57
Desert Parks VistaC1 Premier3BR,2BA$2.13
Inspiration ApartmentsC13BR,2BA$1.79
Mountain Park TownhomesTwo Bedroom2BR,2BA$1.55
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$0.93
Aspen Leaf2 x 1 (860 SF)2BR,1BA$2.05
Elevation Luxury Apartments1x11BR,1BA$2.12
Butterfield ApartmentsOne Bedroom1BR,1BA$2.19
Sterling PointeMcMillian1BR,1BA$2.14
Alta Vista1x11BR,1BA$1.92

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle
Forest Lakes, AZ

Ranked #126

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Forest Lakes, AZ Rentals by Map

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Getting Around Forest Lakes, AZ

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $950 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 $844 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 $968.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.