
Cheap Apartments for Rent in Montezuma, IA from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Montezuma.


The Reserves at South Lake

Hunters Run

Goldfinch Meadows
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.

Southern Hills

Woodland Heights

Hotel Maytag Apartments

Courtyard Apartments
The 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.
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.

702 S Roche St

124 S 2nd St

114 E 4th St
Montezuma, IA Local Guide

How much does it cost to rent an apartment in Montezuma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montezuma Studio Apartments | $1,164 | $725 | $1,225 |
Montezuma 1 Bedroom Apartments | $1,293 | $394 | $2,382 |
Montezuma 2 Bedroom Apartments | $1,212 | $467 | $3,193 |
Montezuma 3 Bedroom Apartments | $1,077 | $536 | $2,050 |
Montezuma 4 Bedroom Apartments | $1,058 | $1,058 | $1,058 |
Browse Top Apartments in Montezuma
See all Apartments in MontezumaExplore Montezuma
Montezuma, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Montezuma Apartments for Rent and Nearby
 The cheapest available apartment rental in Montezuma, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Hunters Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Montezuma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
Hunters Run | A1 | 1BR,1BA | $550 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $620 |
Hotel Maytag Apartments | Studio | 1BR,1BA | $725 |
Spaulding Lofts | A5 - Income Restricted | 1BR,1BA | $750 |
Best Value Apartments for Rent in Montezuma, IA and Nearby
As of August 26, 2025 the best value apartment in the Montezuma area is the $0.83 price per square foot 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS in the in the East Gate Estates neighborhood starting from $825. The second greatest value Montezuma apartment is the 2 Bedroom Market Model at Clock Tower Senior Apartments starting at $1,007 with a $1.03 price per square foot . Here is today’s list of the best values for Montezuma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
Clock Tower Senior Apartments | 2 Bedroom Market | 2BR,2BA | $1.03 |
Washington Apartments | The Harmon | 2BR,1BA | $1.09 |
SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
Orchard Meadows Apartments | B1 Classic | 2BR,1BA | $0.96 |
Hunters Run | B2 | 2BR,1BA | $0.82 |
SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
Woodland Heights | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $1.02 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montezuma, IA Rentals by Map
See the most popular apartments and homes in Montezuma, IA
Getting Around Montezuma, IA
Walk Score®
35 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Montezuma Apartments
How much is rent for a Cheap One Bedroom Montezuma Apartment?
The lowest price for a Cheap One Bedroom Montezuma Apartment is $395 at The Reserves at South Lake.
What is the lowest price for a Cheap Two Bedroom Montezuma Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montezuma is starting from $470 at The Reserves at South Lake.
What is the most affordable Montezuma Three Bedroom Apartment?
The best deal on a cheap Montezuma Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.

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.