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.

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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Monterra
Rent Specials
$915 - $2,736
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $2,736
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Monterra

1333 N 24th StPhoenix, AZ 85008
Affordability
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  • 3D Tour

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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property at 1201 E Moreland St

$1,000 - $2,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $2,300
Total Monthly Price
$1,000 - $2,300

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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Sora
Rent Specials
$1,135 - $1,835
Total Monthly Price

Total Monthly Price

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$1,135 - $1,835
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Studio to 3 Bedroom Apartments Available Now

Sora

355 N Central AvePhoenix, AZ 85004
Student Housing
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Derby
Rent Specials
$1,149 - $6,421
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$1,149 - $6,421
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Studio to 2 Bedroom Apartments Available Now

Derby

800 N 2nd StPhoenix, AZ 85004
Student Housing
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Mason Oliver
Rent Specials
$1,177 - $3,064
Total Monthly Price

Total Monthly Price

Base Rent
$1,177 - $3,064
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Mason Oliver

11 S 12th StPhoenix, AZ 85034
Corporate Housing
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  • Smoke Free

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
$1,277 - $4,302
Total Monthly Price

Total Monthly Price

Base Rent
$1,277 - $4,302
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Stewart

800 N Central AvePhoenix, AZ 85003
Student Housing
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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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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 2 Beds apartment currently listed from $561. 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 & IILG2 2 Bedroom2BR,2BA$561
Sunset Sound Studio ApartmentsSTUStudio,1BA$749
Summit on ThomasS1Studio,1BA$750
Radius Apartments1bd/1ba1BR,1BA$799
Omnia on Thomas0x1 350sf RenoStudio,1BA$804
The Loreto ApartmentsJunior StudioStudio,1BA$859
ImperialS1 - StudioStudio,1BA$888
The ContinentalStudioStudio,1BA$899
Coral GardensStudioStudio,1BA$899

Best Value Apartments for Rent in Montezuma Heights, AZ

As of June 24, 2026 the best value apartment in the Montezuma Heights area is the $1.60 price per square foot 4 Bedrooms/3.5 Bathrooms Model at 8th and Row Townhomes in the in the South Phoenix neighborhood starting from $2,895. The second greatest value Montezuma Heights apartment is the 3B2B - A Model at Copper Stone on 32nd starting at $1,355 with a $1.14 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.
8th and Row Townhomes4 Bedrooms/3.5 Bathrooms4BR,3.5BA$1.60
Copper Stone on 32nd3B2B - A3BR,2BA$1.14
McCarty on Monroe1 Bedroom (C)1BR,1BA$0.99
The CoronadoTwo Bedroom2BR,2BA$1.35
Legacy Crossing I & II1 bedroom1BR,1BA$1.64
Garfield TerraceGarfield Terrace One Bedroom1BR,1BA$0.78
Radius Apartments1bd/1ba1BR,1BA$1.23
Remodeled one level apartments1BR/1.0BA1BR,1BA$1.68
Pecan Tree Apartments1BR/1.0BA1BR,1BA$1.43
Summit on ThomasS1Studio ,1BA$1.58

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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Pet Friendly Lifestyle
Montezuma Heights, Phoenix, AZ

Ranked #16

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 the Cheapest Studio apartment in Montezuma Heights?

Currently the most affordable Cheap Studio Apartment in Montezuma Heights is at Sunset Sound Studio Apartments listed at $749.

How much is rent for a Cheap One Bedroom Montezuma Heights Apartment?

The lowest price for a Cheap One Bedroom Montezuma Heights Apartment is $507 at Garfield Terrace.

What is the lowest price for a Cheap Two Bedroom Montezuma Heights Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montezuma Heights is starting from $561 at Legacy Crossing I & II.

What is the most affordable Montezuma Heights Three Bedroom Apartment?

The best deal on a cheap Montezuma Heights Three Bedroom Apartment rental is at Copper Stone on 32nd and starts from $1,063.

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

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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).

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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.

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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

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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.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

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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.

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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

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.