Cheap Apartments for Rent near Jerome, AZ from $699 (51 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Sierra on 66
$1,473

Total Monthly Price

Base Rent$1,473
Total Monthly Price$1,473
1 to 3 Bedroom Apartments Available Oct 17

Sierra on 66

2292 S Alvan Clark BlvdFlagstaff, AZ 86001
  • Verified
  • Utilities Included
  • Low Income
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2051 Apartments
$1,500 - $2,050

Total Monthly Price

Base Rent$1,500 - $2,050
Total Monthly Price$1,500 - $2,050
Studio to 2 Bedroom Apartments Available Now

2051 Apartments

2057 Willow Lake RdPrescott, AZ 86301
Luxury
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  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Tapestry at Granville
Rent Specials
$1,583 - $1,796

Total Monthly Price

Base Rent$1,583 - $1,796
Total Monthly Price$1,583 - $1,796
1 to 2 Bedroom Apartments Available Now

Tapestry at Granville

6810 E Spouse DrPrescott Valley, AZ 86314
Affordability
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  • Customer Reviewed
  • Smoke Free

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Paramount of Prescott
Studio to 1 Bedroom Apartments

Paramount of Prescott

135 N Montezuma StPrescott, AZ 86301
  • Utilities Included
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Parkway Apartments
2 to 3 Bedroom Apartments

Parkway Apartments

300 E Cliffs PkyCamp Verde, AZ 86322

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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333 N 16th St
2 Bedroom Apartments

333 N 16th St

333 N 16th StCottonwood, AZ 86326
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The Flats at Jasper
1 to 2 Bedroom Apartments

The Flats at Jasper

4901 N Jasper PkyPrescott Valley, AZ 86314
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Ponderosa Park
1 to 2 Bedroom Apartments

Ponderosa Park

1201 E Ponderosa PkyFlagstaff, AZ 86001

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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Showing Results 1-50, Page 1 of 2

Jerome, AZ Local Guide

Cheapest Available Jerome Apartments for Rent and Nearby

 

The cheapest available apartment rental in Jerome, AZ is a 4 Beds unit found at Wavertree Apartments in the La Plaza Vieja neighborhood priced from $699. Clifford in the South Phoenix neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $831. Here is today’s list of the most affordable Jerome apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wavertree ApartmentsFour Bedroom Four Bath (by-the-bed)4BR, 4BA$699
CliffordA11BR, 1BA$831
Prescott Woodlands Apartments0 Beds, 1 BathsStudio, 1BA$899
Mountain View Villa ApartmentsStudioStudio, 1BA$1,010
WoodcrestThe Birch1BR, 1BA$1,299
Courtside ApartmentsTwo Bedroom2BR, 1BA$1,315
Prescott View Apartments1x11BR, 1BA$1,350
Willow Creek ApartmentsStudioStudio, 1BA$1,360
Terraces at Glassford HillDesert Willow1BR, 1BA$1,409
Bungalows on Village WayCholla 21BR, 1BA$1,412

Best Value Apartments for Rent in Jerome, AZ and Nearby

As of September 20, 2026 the best value apartment in the Jerome area is the $0.47 price per square foot 4x4 Model at Wavertree Apartments in the La Plaza Vieja neighborhood starting from $699. The second greatest value Jerome apartment is the 3 Bed 2 Bath Model at Table Rock in the Fort Tuthill Historic District neighborhood starting at $2,167 with a $1.88 price per square foot. Here is today’s list of the best values for Jerome apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wavertree Apartments4x44BR, 4BA$0.47
Table Rock3 Bed 2 Bath3BR, 2BA$1.88
Legado ApartmentsB12BR, 2BA$1.58
Mulberry FarmsHotel California2BR, 2BA$1.89
Parke PlaceTucson - Duplex Style2BR, 2BA$1.74
Tapestry at GranvilleOnyx1BR, 1BA$1.74
Fremont Station2 Bedroom 2 Bath XL2BR, 2BA$1.43
Park Place Flagstaff2x2 Style 42BR, 2BA$1.68
Courtside ApartmentsTwo Bedroom2BR, 1BA$1.48
Terraces at Glassford HillPrickly Pear1BR, 1BA$1.91

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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How much rent can you afford?

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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Pet Friendly Lifestyle
Jerome, AZ

Ranked #124

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 Jerome, AZ Rentals by Map

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Frequently Asked Questions about Cheap Jerome Apartments

What is the Cheapest Studio apartment in Jerome?

Currently the most affordable Cheap Studio Apartment in Jerome is at Clifford listed at $899.

How much is rent for a Cheap One Bedroom Jerome Apartment?

The lowest price for a Cheap One Bedroom Jerome Apartment is $831 at Clifford.

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

Today's best deal for a Cheap Two Bedroom Apartment in Jerome is starting from $1,188 at Clifford.

What is the most affordable Jerome Three Bedroom Apartment?

The best deal on a cheap Jerome Three Bedroom Apartment rental is at Mulberry Farms and starts from $1,720.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.