Cheap Apartments for Rent in the Homestead Neighborhood of Mesa, AZ from $700 (82 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Homestead area of Mesa.

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

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Genoa Lakes
Rent Specials
$1,314 - $1,876
Total Monthly Price

Total Monthly Price

Base Rent
$1,314 - $1,876
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Genoa Lakes

3320 E University DrMesa, AZ 85213
Affordability
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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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Arcos De Mesa
Studio to 2 Bedroom Apartments

Arcos De Mesa

1010 N Stapley DrMesa, AZ 85203
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Sunset Mesa
Studio to 2 Bedroom Apartments

Sunset Mesa

237 S AshlandMesa, AZ 85204
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Villa Palma
1 Bedroom Apartments

Villa Palma

1608 E Main StMesa, AZ 85203
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1st Ave Apartments
Studio to 1 Bedroom Apartments

1st Ave Apartments

750 E 1st AveMesa, AZ 85204
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2032 N Hunt Cor
2 Bedroom Apartments

2032 N Hunt Cor

2032 N Hunt CorMesa, AZ 85203
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Delano Apartments
1 to 2 Bedroom Apartments

Delano Apartments

1800 E Covina StMesa, AZ 85203
Senior Living

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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Homestead, Mesa, AZ Local Guide

Cheapest Available Homestead Apartments for Rent

 

The cheapest available apartment rental in the Homestead area of Phoenix, AZ is a 1 Bed unit found at Villa Palma priced from $899. 1st Ave Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $930. Here are the most affordable Homestead apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Villa Palma1 Beds, 1 Baths1BR,1BA$899
1st Ave ApartmentsStudio CStudio,1BA$930
Mesa Station ApartmentsBroadway1BR,1BA$965
Talise Apartments1x1 579sf Classic1BR,1BA$975
Gilbert Square ApartmentsOne Bedroom Classic1BR,1BA$982
Delano ApartmentsA11BR,1BA$1,009
Trail Riders Mobile Home Park1 Beds, 1 Baths1BR,1BA$1,030
Astero Mesa West576 1 Bed 1 Bath - Renovations1BR,1BA$1,049
Val Vista Gardens Apartments1 Bedroom 1 Bath1BR,1BA$1,100
Falcon Glen1X11BR,1BA$1,108

Best Value Apartments for Rent in Homestead, AZ

As of August 27, 2026 the best value apartment in the Homestead area is the $0.97 price per square foot 3 Beds, 2.5 Baths Model at Alta Mesa Desert Springs in the in the South Phoenix neighborhood starting from $1,900. The second greatest value Homestead apartment is the 2 Beds, 2 Baths Model at Eastwood Park starting at $1,365 with a $1.45 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Homestead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Alta Mesa Desert Springs3 Beds, 2.5 Baths3BR,2.5BA$0.97
Eastwood Park2 Beds, 2 Baths2BR,2BA$1.45
2961-3011 E Cicero St2 Beds, 1.5 Baths2BR,1.5BA$1.38
Citrus Highland Apartments2BR/2.0BA2BR,2BA$1.65
Heather Brook Apartments1 Bedr / 1 Bath1BR,1BA$1.65
Val Vista Gardens Apartments1 Bedroom 1 Bath1BR,1BA$1.69
Gilbert Square ApartmentsOne Bedroom Classic1BR,1BA$1.64
Delano ApartmentsA11BR,1BA$1.68
Talise Apartments1x1 579sf Classic1BR,1BA$1.68
Mesa Station ApartmentsBroadway1BR,1BA$1.69

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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Best Local Schools in
Homestead, Mesa, AZ

School data provided by Great Schools

Frequently Asked Questions about Cheap Homestead Apartments

What is a cheap apartment in Homestead?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Homestead is under $1,108.

What is the price of a cheap apartment in Homestead?

The cheapest apartment in Homestead is Villa Palma which is listed at $899, while the average apartment in Homestead costs $1,299.

What types of apartments are the cheapest in Homestead?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Homestead that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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