Cheap Homes for Rent in Watertower Neighborhood of Mesa, AZ from $600 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Watertower area of Mesa.

Watertower, Mesa, AZ Local Guide

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. 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 ListingModel NameBed/BathPriced From
La Petite Chateau ApartmentsStudioStudio,1BA$899
1st Ave.Studio CStudio,1BA$930
The Monterey1BR/1.0BA1BR,1BA$949
Pebble Creek1 Bedroom1BR,1BA$950
LaMar Apartments1 BED - 1 BATH1BR,1BA$1,050

Best Value Apartments for Rent in Watertower, AZ

As of October 24, 2025 the best value apartment in the Watertower area is the $1.56 price per square foot 2BR/1.5BA Model at The Monterey in the in the South Phoenix neighborhood starting from $1,400. The second greatest value Watertower apartment is the 1x1 Silver W/D Model at 544 Southern Apartments starting at $1,115 with a $1.56 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Monterey2BR/1.5BA2BR,1.5BA$1.56
544 Southern Apartments1x1 Silver W/D1BR,1BA$1.56
The Grove on MainS3Studio ,1BA$1.87
Sunset MesaOne Bedroom1BR,1BA$1.92
Pebble Creek1 Bedroom1BR,1BA$1.64
Cimarron ApartmentsDesign A and C1BR,1BA$2.43
LaMar Apartments1 BED - 1 BATH1BR,1BA$2.33
La Petite Chateau ApartmentsStudioStudio ,1BA$2.57
1st Ave.Studio RStudio ,1BA$3.16

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Pet Friendly Lifestyle
Watertower, Mesa, AZ

Ranked #84

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Watertower

What type of rentals are currently available in Watertower?

There are currently 151 Apartments for Rent in Watertower, AZ with pricing that ranges from $930 to $4,417. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertower ranging from $600 to $3,300.

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 $600 to $3,300 with an average monthly rent of $1,402.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

Written by: Andrew Jollett

I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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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! 

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

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.