Cheap Apartments for Rent near Mormon Lake, AZ from $500 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mormon Lake.

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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Elkwood
Rent Specials
$1,695 - $2,874
Total Monthly Price

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$1,695 - $2,874

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Studio to 2 Bedroom Apartments Available Now

Elkwood

1002 N 4th StFlagstaff, AZ 86004
Eco-Friendly
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  • Smoke Free

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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Timberline Place
Rent Specials
$1,856 - $2,996
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Total Monthly Price

Base Rent
$1,856 - $2,996

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1 to 3 Bedroom Apartments Available Now

Timberline Place

4343 E Soliere AveFlagstaff, AZ 86004
Student Housing
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Table Rock
Rent Specials
$1,861 - $2,542
Total Monthly Price

Total Monthly Price

Base Rent
$1,861 - $2,542

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Varies
2 to 3 Bedroom Apartments Available Aug 4

Table Rock

3400S Lake Mary RdFlagstaff, AZ 86005
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Pinon Lofts
$1,915 - $1,925
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Total Monthly Price

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$1,915 - $1,925

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1 to 2 Bedroom Apartments Available Aug 10

Pinon Lofts

10 Pinon DrSedona, AZ 86336
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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
Rent Specials
$2,004 - $2,670
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$2,004 - $2,670

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1 to 2 Bedroom Apartments Available Now

Aura Flagstaff

151 W High Country TrlFlagstaff, AZ 86005
Family Friendly
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Plaza Way
Rent Specials
$2,008
Total Monthly Price

Total Monthly Price

Base Rent
$2,008

Total Monthly Price
$2,008
1 to 2 Bedroom Apartments Available Aug 26

Plaza Way

1580 S Plaza WayFlagstaff, AZ 86001
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Lofts on the Mesa
Rent Specials
$2,495 - $2,660
Total Monthly Price

Total Monthly Price

Base Rent
$2,495 - $2,660

Total Monthly Price
$2,495 - $2,660
1 to 3 Bedroom Apartments Available Now

Lofts on the Mesa

1571 N Pine Cliff DrFlagstaff, AZ 86001
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Castle Rock Studios
Studio to 1 Bedroom Apartments

Castle Rock Studios

1313 S Milton RdFlagstaff, AZ 86001
Student Housing
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Granite Mountain
1 to 2 Bedroom Apartments

Granite Mountain

8683 E Commons CirPrescott Valley, AZ 86314

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.

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Ponderosa Park
1 to 2 Bedroom Apartments

Ponderosa Park

1201 E Ponderosa PkyFlagstaff, AZ 86001
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Shadowbrook
1 to 3 Bedroom Apartments

Shadowbrook

145 Navajo DrSedona, AZ 86336

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

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 ListingModel NameBed/BathPriced From
The Place At Forest RidgeTontoStudio,1BA$1,419
Butterfield ApartmentsStudioStudio,1BA$1,455
University Square ApartmentsOne Bedroom1BR,1BA$1,480
Homestead Talking GlassPalomino1BR,1BA$1,480
Woodlands Village ApartmentsStudioStudio,1BA$1,480
The Crossings at WindsongSaddleStudio,1BA$1,488
Highland Village ApartmentsStudioStudio,1BA$1,499
Pine View Village ApartmentsStudioStudio,1BA$1,500
Granite MountainSonoran1BR,1BA$1,550
University WestOne Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Wavertree Apartments4x44BR,4BA$0.53
Skyline LoftsC23BR,1.5BA$1.83
Inspiration ApartmentsC13BR,2BA$1.81
Parke PlaceMesa - Standalone2BR,2BA$1.94
Clear Creek Village2BR/2BA - 9502BR,2BA$0.92
Fremont Station2 Bedroom 2 Bath XL2BR,2BA$1.43
Ridge at Clear Creek2BR/2BA2BR,2BA$1.07
Park Place Flagstaff2x2 Style 52BR,2BA$1.68
Commons at Sawmill2 Bed Furn Premium2BR,2BA$1.11
Homestead Talking GlassPalomino1BR,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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

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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.

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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.