Homes for Rent near Lake Montezuma, AZ

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Viewing 1-20 of 59 rentals near Lake Montezuma
What to Know About

Life in Lake Montezuma & Beyond

Lake Montezuma shares many of the great qualities that make Arizona a desirable place to live.

Arizona is where the beauty of nature and the richness of culture collide. From the majestic red rocks of Sedona to the vibrant streets of Phoenix, Arizona is a state like no other. Explore its diverse cultural offerings by visiting historical landmarks such as the Heard Museum and the Pueblo Grande Museum & Archaeological Park. And for those seeking higher education, this is the place for renowned universities like Arizona State University and the University of Arizona, one of the largest research universities in the United States. In addition, Arizona's economy is ever-growing thanks to the industries of technology, tourism, and agriculture.

Adventure seekers and sports enthusiasts will find no shortage of activities in Arizona. Explore the Grand Canyon, go for a hike in the many scenic state parks, cheer on the Arizona Cardinal (NFL), Arizona Coyotes (NHL), Arizona Diamondbacks (MLB), and Phoenix Suns (NBA), or watch exciting college sports games at the state's universities. In addition, appreciate famous attractions like the Saguaro National Park, the Petrified Forest National Park, and the historic city of Tombstone.

A desert oasis of adventure and discovery, Arizona is a great place to call home for those seeking an exciting and relaxing lifestyle.

Rental Market Trends

Lake Montezuma, AZ

As of August 2025, Lake Montezuma's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Lake Montezuma's average rent is 8.4% ($139) higher than the Arizona average of $1,657 and 0.3% ($6) higher than the U.S. average of $1,790.

Average Rent
$1,796
Monthly ChangeMonth Over Month Change
Increased4.5% ($77)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
23
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,136 Decreased17% ($233) No change
2 Beds $1,339 Decreased17.3% ($280) No change
3 Beds $1,817 Increased0.1% ($1) No change
Nearby Cities Average Rent Avg. Rent vs. Lake MontezumaAverage Rent vs. Lake Montezuma Avg. Days on MarketAverage Days on Market
Sedona $2,142 Increased19.3% ($346) 24 days
Cottonwood $1,610 Decreased10.4% ($186) 27 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lake Montezuma Rental Market FAQs

Explore rental prices, market trends, and availability in Lake Montezuma, AZ.

The average rent in Lake Montezuma, AZ is $1,796 per month.
Homes in Lake Montezuma typically rent for between $795 and $2,362 per month, with an average of $1,796 per month.
In Lake Montezuma, the average rent for a 1-bedroom home is $1,136 per month, for a 2-bedroom home, $1,339 per month, and a 3-bedroom home is $1,817 per month.
The average rent in Lake Montezuma is 0.3% ($6) higher than the national average of $1,790 per month.
The rental market in Lake Montezuma, AZ, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Lake Montezuma, AZ, the average rental stays on the market for approximately 23 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $53,560 to comfortably afford a 2-bedroom home in Lake Montezuma.
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