
Cheap Homes for Rent in Montezuma, IN from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Montezuma.


510 N Virginia St

509 S 5th St

1358 Chestnut St

2333 N 14th St

1880 N 6th 1/2 St

1103 N 8th St
Montezuma, IN Local Guide

How much does it cost to rent a home in Montezuma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montezuma 2 Bedroom Homes for Rent | $922 | $550 | $1,400 |
Montezuma 3 Bedroom Homes for Rent | $1,320 | $1,000 | $2,000 |
Montezuma 4 Bedroom Homes for Rent | $1,448 | $1,095 | $2,000 |
Browse Top Homes for Rent in Montezuma
Explore Montezuma
Montezuma, IN Local Guide
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Cheapest Available Montezuma Apartments for Rent and Nearby
 The cheapest available apartment rental in Montezuma, IN is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. Brookhaven has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Montezuma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
Brookhaven | Studio | Studio,1BA | $525 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Best Value Apartments for Rent in Montezuma, IN and Nearby
As of July 10, 2025 the best value apartment in the Montezuma area is the $0.57 price per square foot 2x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $610. The second greatest value Montezuma apartment is the 2 Bedroom Model at The Landings starting at $1,000 with a $1.09 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. |
---|---|---|---|
Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
The Landings | 2 Bedroom | 2BR,1BA | $1.09 |
202 E Crockett | 2 Bedroom | 2BR,1BA | $1.05 |
Harrison West | 2 Bedroom | 2BR,1BA | $0.93 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.09 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
Springhill Apartments | 1 Bedroom | 1BR,1BA | $1.14 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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Frequently Asked Questions about Montezuma
What type of rentals are currently available in Montezuma?
There are currently 39 Apartments for Rent in Montezuma, IN with pricing that ranges from $351 to $2,510. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montezuma ranging from $525 to $2,000.
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 $525 to $2,000 with an average monthly rent of $1,031.
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 $706 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $514.
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.

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.

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.

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.