325 S Pioneer
MesaAZ85204
Cheap Homes for Rent in Watertower Neighborhood of Mesa, AZ from $1,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Watertower area of Mesa.
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.
535 S Udall
MesaAZ85204
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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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 | $1,465 | $1,179 | $1,820 |
| Watertower 3 Bedroom Homes for Rent | $2,134 | $2,049 | $2,220 |
| Watertower 4 Bedroom Homes for Rent | $2,385 | $2,195 | $2,575 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in Watertower, AZ
As of June 09, 2026 the best value apartment in the Watertower area is the $1.94 price per square foot A2 Model at The Grove on Main in the in the South Phoenix neighborhood starting from $1,603. The second greatest value Watertower apartment is the 1x1 Bronze W/D Model at 544 Southern Apartments starting at $1,020 with a $1.43 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. |
|---|---|---|---|
| The Grove on Main | A2 | 1BR,1BA | $1.94 |
| 544 Southern Apartments | 1x1 Bronze W/D | 1BR,1BA | $1.43 |
| The Monterey | 1BR/1.0BA | 1BR,1BA | $1.88 |
| Sunset Mesa | One Bedroom | 1BR,1BA | $1.75 |
| Melody on Main Apartments | 1 Bed/1 Bath | 1BR,1BA | $2.12 |
| Cimarron Apartments | C | 1BR,1BA | $2.75 |
| 1st Ave Apartments | 1x1 R | 1BR,1BA | $2.72 |
| La Petite Chateau Apartments | Studio | Studio ,1BA | $3.00 |
| 1356 S Mesa Dr, Unit Cozy Mesa | 1356 S Mesa Dr | Studio ,1BA | $4.33 |
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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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 $995 to $4,081. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertower ranging from $1,179 to $2,575.
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 $1,179 to $2,575 with an average monthly rent of $1,994.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.