
Cheap Homes for Rent in Watertower Neighborhood of Mesa, AZ from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Watertower area of Mesa.


325 S Pioneer

325 S Pioneer

325 S Pioneer

325 S Pioneer

325 S Pioneer
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.

1445 E Broadway Rd
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.

1161 E 5th Ave
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 | $1,275 | $1,100 | $1,600 |
| Watertower 3 Bedroom Homes for Rent | $2,145 | $1,800 | $2,500 |
| Watertower 4 Bedroom Homes for Rent | $2,065 | $2,065 | $2,065 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Watertower Neighborhood of Mesa, AZ.
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Watertower, Mesa, AZ Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| La Petite Chateau Apartments | Studio | Studio,1BA | $899 |
| 1st Ave. | Studio C | Studio,1BA | $930 |
| 544 Southern Apartments | 1x1 Silver W/D | 1BR,1BA | $989 |
| LaMar Apartments | 1 BED - 1 BATH | 1BR,1BA | $1,050 |
| Pebble Creek | Large 1 Bedroom | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Watertower, AZ
As of December 08, 2025 the best value apartment in the Watertower area is the $1.80 price per square foot 2x2 UR W/D Model at 544 Southern Apartments in the in the South Phoenix neighborhood starting from $1,727. The second greatest value Watertower apartment is the A1 Model at The Grove on Main starting at $1,511 with a $2.18 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. |
|---|---|---|---|
| 544 Southern Apartments | 2x2 UR W/D | 2BR,2BA | $1.80 |
| The Grove on Main | A1 | 1BR,1BA | $2.18 |
| The Monterey | 1BR/1.0BA | 1BR,1BA | $1.77 |
| Pebble Creek | Large 1 Bedroom | 1BR,1BA | $1.74 |
| Sunset Mesa | One Bedroom | 1BR,1BA | $1.92 |
| Cimarron Apartments | C | 1BR,1BA | $2.59 |
| LaMar Apartments | 1 BED - 1 BATH | 1BR,1BA | $2.33 |
| La Petite Chateau Apartments | Studio | Studio ,1BA | $2.57 |
| 1st Ave. | 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 ArticleThe 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.
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 #67
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Watertower
What type of rentals are currently available in Watertower?
There are currently 150 Apartments for Rent in Watertower, AZ with pricing that ranges from $889 to $3,496. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertower ranging from $1,100 to $2,500.
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 $1,100 to $2,500 with an average monthly rent of $1,828.
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

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).

Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

A Phoenix Experts 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.

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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.




