Cheap Apartments for Rent in Lake Montezuma, AZ from $500 (37 Rentals)

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

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

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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Parkway Apartments
2 to 3 Bedroom Apartments

Parkway Apartments

300 E Cliffs PkyCamp Verde, AZ 86322

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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Castle Rock Studios
Studio to 1 Bedroom Apartments

Castle Rock Studios

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

Granite Mountain

8683 E Commons CirPrescott Valley, AZ 86314
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333 N 16th St
2 Bedroom Apartments

333 N 16th St

333 N 16th StCottonwood, AZ 86326

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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Showing Results 1-37, Page 1 of 1

Lake Montezuma, AZ Local Guide

Cheapest Available Lake Montezuma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Montezuma, AZ is a Studio unit found at Clifford in the South Phoenix neighborhood priced from $965. Willow Ridge Apartments in the Forbing Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $998. Here is today’s list of the most affordable Lake Montezuma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CliffordS1Studio,1BA$965
Willow Ridge ApartmentsPrivate Room/Private Bath1BR,1BA$998
Mountain View Villa ApartmentsStudioStudio,1BA$1,015
Millpond Village ApartmentsONE Bedroom1BR,1BA$1,200
Woodlands Village ApartmentsStudioStudio,1BA$1,365
Willow Creek ApartmentsStudioStudio,1BA$1,425
Homestead Talking GlassPalomino1BR,1BA$1,455
University Square ApartmentsStudioStudio,1BA$1,455
The Place At Forest RidgeZuniStudio,1BA$1,482
2051 ApartmentsLynxStudio,1BA$1,500

Best Value Apartments for Rent in Lake Montezuma, AZ and Nearby

As of June 14, 2026 the best value apartment in the Lake Montezuma area is the $0.60 price per square foot 4x4 Model at Wavertree Apartments in the in the La Plaza Vieja neighborhood starting from $900. The second greatest value Lake Montezuma apartment is the Hotel California Model at Mulberry Farms starting at $1,995 with a $1.89 price per square foot . Here is today’s list of the best values for Lake Montezuma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wavertree Apartments4x44BR,4BA$0.60
Mulberry FarmsHotel California2BR,2BA$1.89
Clear Creek Village2BR/2BA - 9502BR,2BA$1.07
Ridge at Clear Creek2BR/2BA2BR,2BA$1.11
Park Place Flagstaff2x2 Style 52BR,2BA$1.68
Aspen Leaf2 x 2 (860 SF)2BR,2BA$2.09
Terraces at Glassford HillPrickly Pear1BR,1BA$1.84
Commons at Sawmill2 Bed Furn Premium2BR,2BA$1.16
Tapestry at GranvilleSmokey Quartz1BR,1BA$2.09
Willow Ridge Apartments1BR/1BA1BR,1BA$1.98

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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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
Lake Montezuma, AZ

Ranked #110

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Lake Montezuma, AZ Rentals by Map

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See the most popular apartments and homes in Lake Montezuma, AZ

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Frequently Asked Questions about Cheap Lake Montezuma Apartments

What is the Cheapest Studio apartment in Lake Montezuma?

Currently the most affordable Cheap Studio Apartment in Lake Montezuma is at Clifford listed at $965.

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

The lowest price for a Cheap One Bedroom Lake Montezuma Apartment is $993 at Clifford.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Montezuma is starting from $1,362 at Clifford.

What is the most affordable Lake Montezuma Three Bedroom Apartment?

The best deal on a cheap Lake Montezuma Three Bedroom Apartment rental is at Mulberry Farms and starts from $1,720.

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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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.

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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

Written by: Robin Stewart

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.