
Cheap Homes for Rent in Lake Montezuma, AZ from $1,500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Montezuma.


4913 Pow Wow Pass

4210 N Montezuma Ave

5775 Debbie Ln

6900 E Camino Baez

3281 E Desert Dr
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.

719 Desert Jewel Dr

1755 Oro Dr

1770 Bluff Dr

1707 Arroyo Seco

1771 Vista De Montana

65 Verde Valley School Rd
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.

155 Canyon Diablo Rd

1343 5 Star Blvd

4220 N Montezuma Ave

3701 Sabino Trail

1850 Donner Trail

3922 E Del Rio Dr
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.
Lake Montezuma, AZ Local Guide

How much does it cost to rent a home in Lake Montezuma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Lake Montezuma 2 Bedroom Homes for Rent | $2,211 | $1,560 | $4,000 | 
| Lake Montezuma 3 Bedroom Homes for Rent | $2,306 | $1,650 | $5,200 | 
| Lake Montezuma 4 Bedroom Homes for Rent | $3,497 | $2,095 | $4,900 | 
| Lake Montezuma 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 | 
Browse Top Homes for Rent in Lake Montezuma
Explore Lake Montezuma
Lake Montezuma, AZ Local Guide
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Cheapest Available Lake Montezuma Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Montezuma, AZ is a 4 Beds unit found at Commons at Sawmill in the La Plaza Vieja neighborhood priced from $780. Clifford in the Central Mesa neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here is today’s list of the most affordable Lake Montezuma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Commons at Sawmill | 4 Bed Unf Premium | 4BR,2BA | $780 | 
| Clifford | S1 | Studio,1BA | $999 | 
| The Place At Forest Ridge | Coconino | Studio,1BA | $1,234 | 
| Highland Village Apartments | Studio | Studio,1BA | $1,399 | 
| Woodlands Village Apartments | Studio | Studio,1BA | $1,430 | 
Best Value Apartments for Rent in Lake Montezuma, AZ and Nearby
As of October 31, 2025 the best value apartment in the Lake Montezuma area is the $0.57 price per square foot 1001 Model at Wavertree Apartments in the in the La Plaza Vieja neighborhood starting from $850. The second greatest value Lake Montezuma apartment is the C1 Model at Inspiration Apartments starting at $2,116 with a $1.79 price per square foot . Here is today’s list of the best values for Lake Montezuma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| Wavertree Apartments | 1001 | 4BR,4BA | $0.57 | 
| Inspiration Apartments | C1 | 3BR,2BA | $1.79 | 
| Willow Creek Apartments | 2x2 | 2BR,2BA | $1.47 | 
| Homestead Talking Glass | Appaloosa | 2BR,2BA | $1.72 | 
| Aspen Leaf | 2 x 1 (860 SF) | 2BR,1BA | $2.05 | 
| Terraces at Glassford Hill | Prickly Pear | 1BR,1BA | $2.07 | 
| Sierra on 66 | Explore | 2BR,1BA | $1.76 | 
| The Flats at Jasper | 1A | 1BR,1BA | $2.12 | 
| Sterling Pointe | McMillian | 1BR,1BA | $2.14 | 
| Granite Mountain | Ponderosa | 1BR,1BA | $2.19 | 
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Montezuma, AZ Rentals by Map
See the most popular apartments and homes in Lake Montezuma, AZ
Frequently Asked Questions about Lake Montezuma
What type of rentals are currently available in Lake Montezuma?
There are currently 50 Apartments for Rent in Lake Montezuma, AZ with pricing that ranges from $759 to $3,797. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Montezuma ranging from $1,560 to $5,200.
What is the current price range for Rental Homes in Lake Montezuma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Montezuma ranges from $1,560 to $5,200 with an average monthly rent of $2,454.
How much are larger Three and Four Bedroom Rentals in Lake Montezuma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Montezuma range from $875 to $3,797, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $5,200. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $780.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.