
Cheap Homes for Rent in Lake Montezuma, AZ from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Montezuma.


142 Maryvale Dr

499 S 2nd St
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.

1855 N Badger Ln

552 E Lamarcia Dr

1731 E Cyprus St
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.
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 | $2,373 | $1,405 | $3,900 |
| Lake Montezuma 3 Bedroom Homes for Rent | $2,986 | $1,185 | $10,000+ |
| Lake Montezuma 4 Bedroom Homes for Rent | $8,750 | $7,500 | $10,000+ |
| Lake Montezuma 5 Bedroom Homes for Rent | $3,150 | $3,150 | $3,150 |
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 Studio unit found at Clifford in the Central Mesa neighborhood priced from $888. Mountain View Villa Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $965. Here is today’s list of the most affordable Lake Montezuma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clifford | S1 | Studio,1BA | $888 |
| Mountain View Villa Apartments | Studio | Studio,1BA | $965 |
| Willow Ridge Apartments | Private Room/Private Bath | 1BR,1BA | $998 |
Best Value Apartments for Rent in Lake Montezuma, AZ and Nearby
As of May 17, 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 Trek Model at Sierra on 66 starting at $1,701 with a $1.57 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 |
| Sierra on 66 | Trek | 3BR,2BA | $1.57 |
| Winfield at the Ranch | 2 Bed | 2BR,2BA | $1.77 |
| Homestead Talking Glass | Tobiano | 2BR,2BA | $1.73 |
| Clear Creek Village | 2BR/2BA - 950 | 2BR,2BA | $1.12 |
| Park Place Flagstaff | 2x2 Style 5 | 2BR,2BA | $1.68 |
| Commons at Sawmill | 2 Bed Furn Premium | 2BR,2BA | $1.16 |
| Terraces at Glassford Hill | Desert Willow | 1BR,1BA | $1.94 |
| 100 Livingston Ln | one bedroom | 1BR,1BA | $1.88 |
| Willow Ridge Apartments | Private Room/Private Bath | 1BR,1BA | $1.83 |
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.
Read ArticleReal 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.
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!
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Frequently Asked Questions about Lake Montezuma
What type of rentals are currently available in Lake Montezuma?
There are currently 59 Apartments for Rent in Lake Montezuma, AZ with pricing that ranges from $779 to $4,265. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Montezuma ranging from $1,185 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 $1,185 to $10,000 with an average monthly rent of $3,826.
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 $930 to $4,265, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,185 to $10,000. Four Bedroom Single-Family rentals are also available starting from $7,500 and Four Bedroom Apartments start at $819.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.