Cheap Apartments for Rent in Montezuma, IN from $400 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in Montezuma.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
property at 2333 N 14th St

2333 N 14th St

Terre HauteIN47804
property at 1034 N 7th St

1034 N 7th St

Terre HauteIN47807

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
property at 1034 N 8th St

1034 N 8th St

Terre HauteIN47807
Showing Results 1-26, Page 1 of 1

Montezuma, IN Local Guide

Cheapest Available Montezuma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montezuma, IN is a Studio unit found at Brookhaven priced from $525. Union Pointe in the Downtown Terre Haute neighborhood 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 ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
Brunswick ApartmentsStudioStudio,1BA$625
Highland Terrace1 Bed 1 Bath1BR,1BA$675
Historic Walnut SquareTwo Bedroom2BR,1BA$700
Winston Terrace1BR/1BA1BR,1BA$725
The Grove1 Bed 1 Bath1BR,1BA$726
The Annex of Terre HauteStudio CStudio,1BA$750
Harrison West2 Bedroom2BR,1BA$800
Willow CrossingsPhase I - Luxury 1 Bed 1 Bath1BR,1BA$810

Best Value Apartments for Rent in Montezuma, IN and Nearby

As of May 01, 2025 the best value apartment in the Montezuma area is the $0.93 price per square foot 4x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $1,347. The second greatest value Montezuma apartment is the Studio, 1 bath Model at Cloverdale Heights starting at $1,000 with a $1.00 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.
Arbors at Honey Creek4x24BR,2BA$0.93
Cloverdale HeightsStudio, 1 bathStudio ,1BA$1.00
202 E Crockett2 Bedroom2BR,1BA$1.05
Harrison West2 Bedroom2BR,1BA$0.93
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.85
The Grove1 Bed 1 Bath1BR,1BA$0.97
Willow CrossingsPhase I - Luxury 1 Bed 1 Bath1BR,1BA$1.10
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

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, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Montezuma, IN

View MapMontezuma, IN Apartments MapView MapMontezuma, IN Rental Homes Map

Getting Around Montezuma, IN

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 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

What is the Cheapest Studio apartment in Montezuma?

Currently the most affordable Cheap Studio Apartment in Montezuma is at Brookhaven listed at $525.

How much is rent for a Cheap One Bedroom Montezuma Apartment?

The lowest price for a Cheap One Bedroom Montezuma Apartment is $550 at Union Pointe.

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 $700 at Historic Walnut Square.

What is the most affordable Montezuma Three Bedroom Apartment?

The best deal on a cheap Montezuma Three Bedroom Apartment rental is at Brookhaven and starts from $975.

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 Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.