
Cheap Apartments for Rent near Mormon Lake, AZ from $500 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Mormon Lake.


The Place At Forest Ridge

Butterfield Apartments

University Square Apartments

Woodlands Village Apartments

Homestead Talking Glass

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The Crossings at Windsong

Aspen Leaf

Parke Place

University West
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.

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Inspiration Apartments

The Lodge

Country Club Terrace Apartments

Legacy Pines

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Elkwood

Woodcrest

Country Club Vista Apartments

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The Summit at Flagstaff

Elevation Luxury Apartments

Country Club Meadows Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Village at Aspen Place

Sterling Pointe

Canyon Del Rio Village Apartments + Townhomes

Canyon Springs

ReNew Flagstaff East

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Timberline Place

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Table Rock

Trailside Apartments

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Pinon Lofts

WELCOME TO 1965 MOUNTAIN VIEW
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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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Aura Flagstaff

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Plaza Way

Mr. Flagstaff Apartments

The Overlook at Buffalo Park

Skyline Lofts

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Lofts on the Mesa

2791 Burro Springs Ovi

Sedona Resort Apartments

Castle Rock Studios

Granite Mountain
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.

130 Castle Rock Rd

2343 Gambel Oak Trail

Ponderosa Park

3549 Kachina Trail

2860 N Fairview Dr

Shadowbrook

390 Cedar St

315 E Zuni Dr

3001 E Butler Ave

1721 N Fairway Dr
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.
Mormon Lake, AZ Local Guide

How much does it cost to rent an apartment in Mormon Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mormon Lake Studio Apartments | $1,602 | $1,282 | $1,909 |
| Mormon Lake 1 Bedroom Apartments | $1,906 | $1,200 | $3,051 |
| Mormon Lake 2 Bedroom Apartments | $2,064 | $649 | $3,324 |
| Mormon Lake 3 Bedroom Apartments | $2,506 | $839 | $3,888 |
| Mormon Lake 4 Bedroom Apartments | $1,807 | $794 | $5,855 |
Browse Top Apartments in Mormon Lake
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Mormon Lake, AZ Local Guide
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Cheapest Available Mormon Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Mormon Lake, AZ is a Studio unit found at The Place At Forest Ridge in the Fort Tuthill Historic District neighborhood priced from $1,419. Butterfield Apartments in the Sunnyside neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,455. Here is today’s list of the most affordable Mormon Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place At Forest Ridge | Tonto | Studio,1BA | $1,419 |
| Butterfield Apartments | Studio | Studio,1BA | $1,455 |
| University Square Apartments | One Bedroom | 1BR,1BA | $1,480 |
| Homestead Talking Glass | Palomino | 1BR,1BA | $1,480 |
| Woodlands Village Apartments | Studio | Studio,1BA | $1,480 |
| The Crossings at Windsong | Saddle | Studio,1BA | $1,488 |
| Highland Village Apartments | Studio | Studio,1BA | $1,499 |
| Pine View Village Apartments | Studio | Studio,1BA | $1,500 |
| Granite Mountain | Sonoran | 1BR,1BA | $1,550 |
| University West | One Bedroom | 1BR,1BA | $1,625 |
Best Value Apartments for Rent in Mormon Lake, AZ and Nearby
As of July 28, 2026 the best value apartment in the Mormon Lake area is the $0.53 price per square foot 4x4 Model at Wavertree Apartments in the in the La Plaza Vieja neighborhood starting from $800. The second greatest value Mormon Lake apartment is the C2 Model at Skyline Lofts starting at $2,349 with a $1.83 price per square foot in the Switzer Mesa neighborhood. Here is today’s list of the best values for Mormon Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wavertree Apartments | 4x4 | 4BR,4BA | $0.53 |
| Skyline Lofts | C2 | 3BR,1.5BA | $1.83 |
| Inspiration Apartments | C1 | 3BR,2BA | $1.81 |
| Parke Place | Mesa - Standalone | 2BR,2BA | $1.94 |
| Clear Creek Village | 2BR/2BA - 950 | 2BR,2BA | $0.92 |
| Fremont Station | 2 Bedroom 2 Bath XL | 2BR,2BA | $1.43 |
| Ridge at Clear Creek | 2BR/2BA | 2BR,2BA | $1.07 |
| Park Place Flagstaff | 2x2 Style 5 | 2BR,2BA | $1.68 |
| Commons at Sawmill | 2 Bed Furn Premium | 2BR,2BA | $1.11 |
| Homestead Talking Glass | Palomino | 1BR,1BA | $2.15 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mormon Lake, AZ Rentals by Map
See the most popular apartments and homes in Mormon Lake, AZ
Frequently Asked Questions about Cheap Mormon Lake Apartments
What is the Cheapest Studio apartment in Mormon Lake?
Currently the most affordable Cheap Studio Apartment in Mormon Lake is at The Place At Forest Ridge listed at $1,419.
How much is rent for a Cheap One Bedroom Mormon Lake Apartment?
The lowest price for a Cheap One Bedroom Mormon Lake Apartment is $1,480 at University Square Apartments.
What is the lowest price for a Cheap Two Bedroom Mormon Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mormon Lake is starting from $1,660 at Homestead Talking Glass.
What is the most affordable Mormon Lake Three Bedroom Apartment?
The best deal on a cheap Mormon Lake Three Bedroom Apartment rental is at Inspiration Apartments and starts from $2,142.
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.
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.