Cheap Apartments for Rent in the Montezuma Heights Neighborhood of Phoenix, AZ from $500 (174 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Montezuma Heights area of Phoenix.

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Adara
Rent Specials
$692 - $3,460
Total Monthly Price

Total Monthly Price

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$692 - $3,460
Total Monthly Price
Varies
Studio to 4 Bedroom Apartments Available Now

Adara

888 N 4th StPhoenix, AZ 85004
Student Housing
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  • Smoke Free

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Monterra
Rent Specials
$969 - $2,867
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Total Monthly Price

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$969 - $2,867
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Studio to 3 Bedroom Apartments Available Now

Monterra

1333 N 24th StPhoenix, AZ 85008
Affordability
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property at 1201 E Moreland St

$1,000 - $2,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $2,600
Total Monthly Price
$1,000 - $2,600

Studio To 2 Bedroom Townhomes for Rent

Available Now

1201 E Moreland St

PhoenixAZ85006

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Derby
Rent Specials
$1,149 - $7,464
Total Monthly Price

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$1,149 - $7,464
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Studio to 2 Bedroom Apartments Available Now

Derby

800 N 2nd StPhoenix, AZ 85004
Student Housing
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Sora
$1,185 - $1,935
Total Monthly Price

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$1,185 - $1,935
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Studio to 3 Bedroom Apartments Available Now

Sora

355 N Central AvePhoenix, AZ 85004
Student Housing
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Mason Oliver
Rent Specials
$1,196 - $2,371
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$1,196 - $2,371
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Studio to 3 Bedroom Apartments Available Now

Mason Oliver

11 S 12th StPhoenix, AZ 85034
Corporate Housing
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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.

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The Stewart
Rent Specials
$1,245 - $4,209
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$1,245 - $4,209
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Studio to 2 Bedroom Apartments Available Now

The Stewart

800 N Central AvePhoenix, AZ 85003
Student Housing
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property at 1534 E Roosevelt St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1534 E Roosevelt St, Unit 3, Unit 3

1534 E Roosevelt St
PhoenixAZ85006
property at 328 N 12th St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

1 Bedroom, 1 Bath Home for Rent

Available Now

328 N 12th St

PhoenixAZ85006

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

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Montezuma Heights, Phoenix, AZ Local Guide

Cheapest Available Montezuma Heights Apartments for Rent

 

The cheapest available apartment rental in the Montezuma Heights area of Phoenix, AZ is a 1 Bed unit found at Garfield Terrace priced from $507. Legacy Crossing I & II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $647. Here are the most affordable Montezuma Heights apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Garfield TerraceGarfield Terrace One Bedroom1BR,1BA$507
Legacy Crossing I & II1 bedroom1BR,1BA$647
AdaraCo-living 4AStudio,1BA$692
Omnia on Thomas0x1 350sf ClassicStudio,1BA$749
Reflections On PortlandOne Bedroom1BR,1BA$749
Sunset Sound Studio ApartmentsSTUStudio,1BA$749
Summit on ThomasS1Studio,1BA$750
Coral GardensStudioStudio,1BA$799
The ContinentalStudioStudio,1BA$849

Best Value Apartments for Rent in Montezuma Heights, AZ

As of May 07, 2026 the best value apartment in the Montezuma Heights area is the $1.20 price per square foot 3 bedroom Model at Legacy Crossing I & II in the in the South Phoenix neighborhood starting from $1,407. The second greatest value Montezuma Heights apartment is the 344 E Virginia Cir Model at 344 E Virginia Cir, Unit 344 E Virginia Circle starting at $1,850 with a $1.77 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Montezuma Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy Crossing I & II3 bedroom3BR,2BA$1.20
344 E Virginia Cir, Unit 344 E Virginia Circle344 E Virginia Cir2BR,1BA$1.77
Copper Stone on 32nd2B2B - A2BR,2BA$1.21
Agave Court2x22BR,2BA$1.40
The CoronadoTwo Bedroom2BR,2BA$1.35
1649 E Oak StLarger Backyard2BR,1BA$1.61
Radius Apartments2bd/1ba2BR,1BA$1.07
Garfield TerraceGarfield Terrace One Bedroom1BR,1BA$0.78
Pecan Tree Apartments1BR/1.0BA1BR,1BA$1.43
1918 E Adams St, Unit 41918 E Adams St1BR,1BA$1.45

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.

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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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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com

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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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Quick 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.

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Pet Friendly Lifestyle
Montezuma Heights, Phoenix, AZ

Ranked #17

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Arizona including Montezuma Heights, Phoenix, and the greater Phoenix area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Montezuma Heights Apartments

What is a cheap apartment in Montezuma Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montezuma Heights is under $849.

What is the price of a cheap apartment in Montezuma Heights?

The cheapest apartment in Montezuma Heights is Garfield Terrace which is listed at $507, while the average apartment in Montezuma Heights costs $3,912.

What types of apartments are the cheapest in Montezuma Heights?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 861 regular apartments in Montezuma Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Montezuma Heights?

Cheap apartments in Montezuma Heights have an average cost of $1,265 which is $2,647 cheaper than the average rent for all rentals in Montezuma Heights.

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.

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