Cheap Apartments for Rent in the Montezuma Heights Neighborhood of Phoenix, AZ from $500 (122 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montezuma Heights area of Phoenix.

Sunset Sound Studio Apartments

The Loreto Apartments

Coral Gardens

2238 E Polk St

1645 E Thomas Rd

VB on 12th

Summit on Thomas
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

X Phoenix

328 N 11th Pl

Monterra

1241 E McKinley St

2237 E Taylor St

907 N 22nd Pl

825 N 2nd Ave

1849 E Virginia Ave

1631 E Yale St

1908-1N32 N 32nd St

Derby PHX

1833 E Harvard St

Imperial

The Continental

1210 E Van Buren St

Carol Mary

1017 N 28th St

2402 N 24th St

1735 E Sheridan St

Mason Oliver

44 Monroe

2301 N 28th St

2501 E Culver St

2501 E Culver St, Unit B

1422 E Adams St

The Coronado

MAA Central Ave

Agave Court

2627 N 27th St

Roosevelt Square

Portrait at Hance Park

Circa Central Avenue

The Stewart

822 N 7th St

2521 E Willetta St

1034 E Roosevelt St

1020 North 11th St

2502 E Willetta St

1225 E Thomas Rd
Montezuma Heights, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Montezuma Heights?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montezuma Heights Studio Apartments | $1,537 | $795 | $2,804 |
Montezuma Heights 1 Bedroom Apartments | $1,935 | $670 | $4,338 |
Montezuma Heights 2 Bedroom Apartments | $2,709 | $1,149 | $6,865 |
Montezuma Heights 3 Bedroom Apartments | $2,596 | $900 | $9,997 |
Montezuma Heights 4 Bedroom Apartments | $1,025 | $850 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 122 rentals with your search options within a 2 mile radius of the Montezuma Heights Neighborhood of Phoenix, AZ.
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Montezuma Heights, Phoenix, AZ Local Guide
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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 McCarty on Monroe priced from $647. Marquee has the second lowest priced unit, which is a 1 Bed apartment currently listed from $670. Here are the most affordable Montezuma Heights apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $647 |
Marquee | One Bedroom 559 Sq Ft A | 1BR,1BA | $670 |
Omnia on Thomas | Coronado | Studio,1BA | $794 |
Sunset Sound Studio Apartments | STU | Studio,1BA | $795 |
Roosevelt Point | D2 | 4BR,4BA | $850 |
The Loreto Apartments | Junior Studio | Studio,1BA | $859 |
Coral Gardens | Studio | Studio,1BA | $899 |
Legacy Crossing I & II | LG2 2 Bedroom | 2BR,2BA | $911 |
Summit on Thomas | S1 Renovated | Studio,1BA | $949 |
VB on 12th | A1 - Studio | Studio,1BA | $949 |
Best Value Apartments for Rent in Montezuma Heights, AZ
As of April 08, 2025 the best value apartment in the Montezuma Heights area is the $1.70 price per square foot 3 Bedroom/3.5 Bathrooms Model at 8th and Row Townhomes in the in the South Phoenix neighborhood starting from $2,695. The second greatest value Montezuma Heights apartment is the 340 E Virginia Cir Model at 340 E Virginia Cir, Unit 340 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
8th and Row Townhomes | 3 Bedroom/3.5 Bathrooms | 3BR,3.5BA | $1.70 |
340 E Virginia Cir, Unit 340 | 340 E Virginia Cir | 2BR,1BA | $1.77 |
Legacy Crossing I & II | LG2 2 Bedroom | 2BR,2BA | $0.92 |
2501 E Culver St, Unit B | 2501 E Culver St | 1BR,1BA | $1.39 |
The Coronado | Two Bedroom | 2BR,2BA | $1.47 |
15 on Cambridge | 1BD/1BTH (9-14) | 1BR,1BA | $1.79 |
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $0.93 |
Willetta Apartments | Woodhaven | 1BR,1BA | $1.82 |
Marquee | One Bedroom 559 Sq Ft A | 1BR,1BA | $1.04 |
1036 N 16th St | 1036 N 16th St | 1BR,1BA | $1.73 |
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.
Pet Friendly LifestyleMontezuma Heights, Phoenix, AZ
Ranked #21
Among neighborhoods in Phoenix, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $949.
What is the price of a cheap apartment in Montezuma Heights?
The cheapest apartment in Montezuma Heights is McCarty on Monroe which is listed at $647, while the average apartment in Montezuma Heights costs $2,529.
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 68 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 $244 which is $2,285 cheaper than the average rent for all rentals in Montezuma Heights.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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).

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.