Housing data for Lake Montezuma, AZ

Lake Montezuma, AZ has an estimated 4,929 residents and 2,896 homes (US Census Bureau, 2020–2024 American Community Survey).

It is an unincorporated community in Yavapai County.

34.8% of households rent.

The median gross rent is $1,238 a month.

Figures last updated on .

Residents
4,929 (±975)
Housing units
2,896 (±506)
Households that rent
34.8%
Median gross rent
$1,238
Residents since 2015–2019
+13.9%

What stands out in Lake Montezuma

Homes in buildings of 5 or more units: 0.3% (±2.2 points) in Lake Montezuma, lower than in Yavapai County (6.6%).

Median home value: $285,200 (±$31,244) in Lake Montezuma, lower than in Yavapai County ($425,200).

Average commute: 31.3 minutes (±3.3) in Lake Montezuma, higher than in Yavapai County (23.5 minutes).

Housing in Lake Montezuma at a glance

Lake Montezuma against Yavapai County, its state and the nation

Estimate (90% margin of error)
Lake MontezumaYavapai CountyArizonaUnited States
Residents4,929 (±975)245,480 (exact)7,378,838 (exact)334,922,499
Housing units2,896 (±506)126,095 (±213)3,192,839 (±631)143,775,355
Households that rent34.8% (±10.4 points)24.9% (±1.2 points)32.6% (±0.3 points)34.8%
Median gross rent$1,238 (±$395)$1,351 (±$45)$1,543 (±$7)$1,413
Median household income$64,455 (±$24,940)$69,613 (±$1,866)$79,964 (±$407)$80,734
Median home value$285,200 (±$31,244)$425,200 (±$6,512)$394,500 (±$1,474)$332,700
Median real estate taxes (a year)$1,511 (±$248)$1,750 (±$42)$1,879 (±$10)$3,119
Built before 198029.8% (±9.0 points)22.9% (±1.2 points)29.3% (±0.3 points)49.7%
Average commute31.3 minutes (±3.3)23.5 minutes (±0.9)25.4 minutes (±0.1)26.4 minutes
Households with broadband94.4% (±4.9 points)91.6% (±0.7 points)91.5% (±0.2 points)91.0%
Median age of residents61.5 years (±3.9)55.1 years (±0.1)39.0 years (±0.1)38.9 years

Lake Montezuma covers 11.5 square miles of land, about 427 residents per square mile (Census Bureau Gazetteer).

How Lake Montezuma has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents4,329 (±598)4,929 (±975)+13.9%Not a measurable change
Housing units2,502 (±197)2,896 (±506)+15.7%Not a measurable change
Median gross rent$894 (±$91)$1,238 (±$395)+38.5%No measurable change after inflation
Median home value$164,400 (±$15,289)$285,200 (±$31,244)+73.5%Up after inflation
Median household income$39,883 (±$5,356)$64,455 (±$24,940)+61.6%No measurable change after inflation
Median owner cost with a mortgage$956 (±$37)$1,394 (±$57)+45.8%Up after inflation
Median real estate taxes$1,017 (±$134)$1,511 (±$248)+48.6%No measurable change after inflation
Households that rent32.8% (±10.1 points)34.8% (±10.4 points)+2.0 percentage pointsNot a measurable change
Rental vacancy rate9.2% (±11.4 points)0.0% (±4.8 points)−9.2 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Yavapai County

Lake Montezuma has no police department of its own in the FBI’s figures, so this is the figure for Yavapai County as a whole.

In 2025, the police departments that report for Yavapai County recorded 287 violent and 673 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

Places near Lake Montezuma

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Camp Verde5.6 mi$1,059$318,10023.8%
Cornville9.3 mi$1,560$367,10018.5%
Village of Oak Creek (Big Park)10 mi$1,786$741,10030.7%
Verde Village12 mi$1,173$354,20020.0%
Cottonwood13 mi$1,120$324,10046.4%
Sedona15 mi$1,448$786,80027.4%
Clarkdale17 mi$1,321$373,60025.1%
Jerome19 mi$957$386,80046.6%

Places in Arizona most like Lake Montezuma

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Camp Verde$1,059$318,100$69,20323.8%
Kachina Village$1,232$413,500$90,37526.5%
Coolidge$1,314$255,400$67,02327.2%
Arizona City$990$244,100$66,42021.4%
Pine$1,375$468,700$59,43221.8%
Mohave Valley$1,299$256,900$60,13416.5%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Arizona.

HUD Fair Market Rent for Lake Montezuma, fiscal year 2027

Prescott Valley-Prescott, AZ MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,079$1,242$1,550$2,146$2,263

HUD income limits for Lake Montezuma, fiscal year 2026

Prescott Valley-Prescott, AZ MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$20,050$33,400$53,450
2 people$22,900$38,200$61,050
3 people$27,320$42,950$68,700
4 people$33,000$47,700$76,300
5 people$38,680$51,550$82,450
6 people$44,360$55,350$88,550
7 people$50,040$59,150$94,650
8 people$55,720$63,000$100,750

These are the limits HUD sets for its housing programs in the Prescott Valley-Prescott, AZ MSA, where HUD’s median family income for fiscal year 2026 is $92,200.

A program can use its own limits; tax-credit and local programs often do.

Lake Montezuma is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Montezuma

What is the average rent in Lake Montezuma, AZ?

The Census Bureau publishes the median rather than the average: the median gross rent in Lake Montezuma is $1,238 (±$395) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Lake Montezuma?

The median gross rent for a one-bedroom home in Lake Montezuma, AZ is $937 (±$56) a month (2020–2024 American Community Survey).

How many renters are there in Lake Montezuma?

Lake Montezuma has an estimated 908 (±347) renting households, 34.8% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Lake Montezuma?

The median household income in Lake Montezuma is $64,455 (±$24,940) a year (2020–2024 American Community Survey).

What is the average home value in Lake Montezuma, AZ?

The Census Bureau publishes the median: $285,200 (±$31,244) for owner-occupied homes in Lake Montezuma (2020–2024 American Community Survey).

What is the average mortgage payment in Lake Montezuma?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake Montezuma, AZ is $1,394 (±$57) a month, including taxes, insurance and utilities.

Is Lake Montezuma growing?

In Lake Montezuma, the number of residents went from 4,329 in 2015–2019 to 4,929 in 2020–2024 (+13.9%), not a measurable change.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Montezuma CDP, Arizona (place:39720, in state:04).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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