
Cheap Homes for Rent in Lake Montezuma, AZ from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Montezuma.


1322 Marauder Dr

330 Arnold Terrace

3768 Western Dr

586 S Sawmill Gardens Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1635 Entrada Dr

1715 Pinon Dr

437 S Valle Escondido

830 Corazon Ln

4068 Sabino Trail
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $2,567 | $1,080 | $5,200 |
| Lake Montezuma 3 Bedroom Homes for Rent | $3,514 | $1,685 | $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 1 Bed unit found at Clifford in the South Phoenix neighborhood priced from $831. Mountain View Villa Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here is today’s list of the most affordable Lake Montezuma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clifford | A1 | 1BR,1BA | $831 |
| Mountain View Villa Apartments | Studio | Studio,1BA | $1,030 |
| The Place At Forest Ridge | Tonto | Studio,1BA | $1,318 |
Best Value Apartments for Rent in Lake Montezuma, AZ and Nearby
As of August 16, 2026 the best value apartment in the Lake Montezuma area is the $0.53 price per square foot 4x4 Model at Wavertree Apartments in the in the La Plaza Vieja neighborhood starting from $800. The second greatest value Lake Montezuma apartment is the The Sycamore (Two Bed, Two Bath) Model at The Villas at Riverwalk starting at $1,650 with a $1.55 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 | 4x4 | 4BR,4BA | $0.53 |
| The Villas at Riverwalk | The Sycamore (Two Bed, Two Bath) | 2BR,2BA | $1.55 |
| Mulberry Farms | Hotel California | 2BR,2BA | $1.89 |
| Inspiration Apartments | B2 | 2BR,2BA | $1.85 |
| Fremont Station | 2 Bedroom 2 Bath XL | 2BR,2BA | $1.43 |
| University Square Apartments | Two Bedroom | 2BR,2BA | $1.95 |
| Park Place Flagstaff | 2x2 Style 4 | 2BR,2BA | $1.68 |
| Aspen Leaf | 2 x 1 (860 SF) | 2BR,1BA | $1.76 |
| Willow Creek Apartments | 1x1 | 1BR,1BA | $1.63 |
| Prescott View Apartments | 2x1 | 2BR,1BA | $2.01 |
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.
Pet Friendly LifestyleLake Montezuma, AZ
Ranked #120
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 59 Apartments for Rent in Lake Montezuma, AZ with pricing that ranges from $699 to $3,217. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Montezuma ranging from $1,080 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 $1,080 to $10,000 with an average monthly rent of $2,821.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.