Cheap Homes for Rent in Montezuma, IA from $600 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Montezuma.

Montezuma, IA Local Guide

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. The Tallcorn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $505. Here is today’s list of the most affordable Montezuma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
The Tallcorn1 bedroom, 1 bath1BR,1BA$505
Hunters RunA11BR,1BA$550

Best Value Apartments for Rent in Montezuma, IA and Nearby

As of October 27, 2025 the best value apartment in the Montezuma area is the $0.56 price per square foot Four Bedroom Model at Asbury Heights in the starting from $1,058. The second greatest value Montezuma apartment is the 3 Bed 2 Bath Model at Woodland Heights starting at $945 with a $0.93 price per square foot . Here is today’s list of the best values for Montezuma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Asbury HeightsFour Bedroom4BR,2BA$0.56
Woodland Heights3 Bed 2 Bath3BR,2BA$0.93
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
SUNDANCE MARSHALLTOWN APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$0.97
Hunters RunB22BR,1BA$0.82
East Olive ApartmentsB1.52BR,1.5BA$0.89
Southern HillsB12BR,1BA$0.96
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
The Reserves at South Lake1B1B1BR,1BA$0.61
The Tallcorn1 bedroom, 1 bath1BR,1BA$0.83

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montezuma, IA Rentals by Map

View Map
Montezuma, IA Apartments Map
View Map
Montezuma, IA Rental Homes Map

Frequently Asked Questions about Montezuma

What type of rentals are currently available in Montezuma?

There are currently 52 Apartments for Rent in Montezuma, IA with pricing that ranges from $394 to $2,495. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montezuma ranging from $675 to $3,200.

What is the current price range for Rental Homes in Montezuma?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Montezuma ranges from $675 to $3,200 with an average monthly rent of $1,536.

How much are larger Three and Four Bedroom Rentals in Montezuma?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Montezuma range from $536 to $2,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,058.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.