Cheap Homes for Rent in Lake Montezuma, AZ from $1,200 (15 Rentals)

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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 Woodlands Village Apartments in the Downtown Flagstaff neighborhood priced from $1,330. University Square Apartments in the La Plaza Vieja neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here is today’s list of the most affordable Lake Montezuma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodlands Village ApartmentsStudioStudio,1BA$1,330
University Square ApartmentsStudioStudio,1BA$1,500
Willow Creek ApartmentsStudioStudio,1BA$1,500
Homestead Talking GlassPalomino1BR,1BA$1,575
The Place At Forest RidgeTontoStudio,1BA$1,576

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

As of July 26, 2025 the best value apartment in the Lake Montezuma area is the $2.28 price per square foot D7 Model at Village at Aspen Place in the in the La Plaza Vieja neighborhood starting from $2,939. The second greatest value Lake Montezuma apartment is the B2 Model at Trailside Apartments starting at $2,572 with a $2.21 price per square foot in the Downtown Flagstaff neighborhood. 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.
Village at Aspen PlaceD72BR,2BA$2.28
Trailside ApartmentsB22BR,2BA$2.21
Table Rock3 Bed 2 Bath3BR,2BA$2.04
Mulberry FarmsDaydream Believer2BR,2BA$2.22
Inspiration ApartmentsB12BR,2BA$1.89
Prescott View Apartments2x12BR,1BA$2.07
Terraces at Glassford HillDesert Willow1BR,1BA$2.12
Homestead Talking GlassPalomino1BR,1BA$2.29
Willow Creek ApartmentsStudioStudio ,1BA$2.24
Highland Village ApartmentsTwo Bedroom (Rent by Room)2BR,2BA$2.24

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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Frequently Asked Questions about Lake Montezuma

What type of rentals are currently available in Lake Montezuma?

There are currently 51 Apartments for Rent in Lake Montezuma, AZ with pricing that ranges from $780 to $10,873. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Montezuma ranging from $1,260 to $14,950.

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 $1,260 to $14,950 with an average monthly rent of $3,444.

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 $4,282, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,860 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,500 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.