
Cheap Homes for Rent in the Watertower Neighborhood of Mesa, AZ from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Watertower area of Mesa.


322 S Allen

29 W Southern Ave
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

410 E 9th Ave, Unit 20

410 E 9th Ave, Unit APT 5

410 E 9th Ave, Unit 14
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.

160 S Hibbert-1, Unit 1
Watertower, Mesa, AZ Local Guide

How much does it cost to rent a home in Watertower?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watertower 2 Bedroom Homes for Rent | $1,581 | $1,225 | $1,775 |
| Watertower 3 Bedroom Homes for Rent | $2,194 | $1,900 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Watertower Neighborhood of Mesa, AZ.
Explore Mesa
Watertower, Mesa, AZ Local Guide
- Nearby Mesa neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Watertower Apartments for Rent
 The cheapest available apartment rental in the Watertower area of Phoenix, AZ is a Studio unit found at La Petite Chateau Apartments 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 Watertower apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| La Petite Chateau Apartments | Studio | Studio,1BA | $899 |
| 1st Ave Apartments | Studio C | Studio,1BA | $930 |
| Sunset Mesa | One Bedroom | 1BR,1BA | $949 |
Best Value Apartments for Rent in Watertower, AZ
As of July 25, 2026 the best value apartment in the Watertower area is the $1.40 price per square foot 15 E 2nd Ave Model at 15 E 2nd Ave, Unit 15 E 2nd Ave #2 in the in the South Phoenix neighborhood starting from $1,250. The second greatest value Watertower apartment is the 1x1 Silver W/D Model at 544 Southern Apartments starting at $1,031 with a $1.45 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Watertower apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 15 E 2nd Ave, Unit 15 E 2nd Ave #2 | 15 E 2nd Ave | 1BR,1BA | $1.40 |
| 544 Southern Apartments | 1x1 Silver W/D | 1BR,1BA | $1.45 |
| The Grove on Main | S3 | Studio ,1BA | $2.49 |
| The Monterey | 1BR/1.0BA | 1BR,1BA | $1.88 |
| Sunset Mesa | One Bedroom | 1BR,1BA | $1.58 |
| Melody on Main Apartments | 1 Bed/1 Bath | 1BR,1BA | $2.29 |
| Pebble Creek | 1 Bedroom | 1BR,1BA | $1.90 |
| Southern Palms Mobile Home Park | 1 Beds, 1 Baths | 1BR,1BA | $2.63 |
| La Petite Chateau Apartments | Studio | Studio ,1BA | $2.57 |
| 1st Ave Apartments | Studio C | Studio ,1BA | $2.95 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleWatertower, Mesa, AZ
Ranked #89
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Watertower
What type of rentals are currently available in Watertower?
There are currently 149 Apartments for Rent in Watertower, AZ with pricing that ranges from $959 to $2,445. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertower ranging from $899 to $2,700.
What is the current price range for Rental Homes in Watertower?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Watertower ranges from $899 to $2,700 with an average monthly rent of $1,583.
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.
Helpful Local Expert Guides

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Written by: Andrew Jollett
I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips
Written by: Andrew Jollett
Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Written by: Andrew Jollett
Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Written by: Andrew Jollett
Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.
Articles, How-To's, and Tips

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.