
Cheap Homes for Rent in Lake Montezuma, AZ from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Montezuma.


2337 S Mosey Ln

4360 E Waldron Rd

642 S 8th St

1322 Marauder Dr

985 E Mingus Ave
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.

1770 Bluff Dr

2957 Doc Mackey Rd

20956 E Coyote Ln

20908 E Deer Valley Ln

4220 N Montezuma Ave

1672 E Parada del Sol
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.
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 | $2,526 | $1,210 | $5,500 |
| Lake Montezuma 3 Bedroom Homes for Rent | $3,189 | $1,310 | $10,000+ |
| Lake Montezuma 4 Bedroom Homes for Rent | $6,665 | $2,495 | $10,000+ |
Browse Top Homes for Rent in Lake Montezuma
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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 $1,051. 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 | $1,051 |
| Sierra on 66 | Roam | 1BR,1BA | $1,227 |
| The Place At Forest Ridge | Tonto | Studio,1BA | $1,311 |
| Willow Ridge Apartments | 2BR/2BA | 2BR,2BA | $1,338 |
Best Value Apartments for Rent in Lake Montezuma, AZ and Nearby
As of April 02, 2026 the best value apartment in the Lake Montezuma area is the $0.60 price per square foot Four Bedroom Four Bath (by-the-bed) Model at Wavertree Apartments in the in the La Plaza Vieja neighborhood starting from $900. The second greatest value Lake Montezuma apartment is the 3 Bed 2 Bath Model at Table Rock starting at $2,350 with a $2.04 price per square foot in the Fort Tuthill Historic District neighborhood. 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 | Four Bedroom Four Bath (by-the-bed) | 4BR,4BA | $0.60 |
| Table Rock | 3 Bed 2 Bath | 3BR,2BA | $2.04 |
| Clear Creek Village | 2BR/2BA - 950 | 2BR,2BA | $1.07 |
| Ridge at Clear Creek | 2BR/2BA | 2BR,2BA | $1.11 |
| Willow Ridge Apartments | 2BR/2BA | 2BR,2BA | $1.62 |
| The Flats at Jasper | 1A | 1BR,1BA | $2.13 |
| Terraces at Glassford Hill | Desert Willow | 1BR,1BA | $1.96 |
| Tapestry at Granville | Smokey Quartz | 1BR,1BA | $2.20 |
| Granite Mountain | Ponderosa | 1BR,1BA | $2.19 |
| Sierra on 66 | Roam | 1BR,1BA | $1.85 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 ArticleCash 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.
Read ArticleQuick 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.
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 57 Apartments for Rent in Lake Montezuma, AZ with pricing that ranges from $599 to $3,595. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Montezuma ranging from $1,210 to $10,000.
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 $1,210 to $10,000 with an average monthly rent of $3,588.
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 $830 to $3,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,310 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $599.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.