What is the median rent in Lake Montezuma, AZ?

Name: Median rent in Lake Montezuma, AZ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Lake Montezuma, AZ is $1,238 (±$395) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 668 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Lake Montezuma, the median gross rent went from $894 in 2015–2019 to $1,238 in 2020–2024 (+38.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $1,238 (±$395)
Rented homes: 668 (±231)
$2,000 or more: 2.2%
Since 2015–2019: +38.5%

How much rent costs in Lake Montezuma

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Lake Montezuma	Yavapai County	Arizona	United States
Less than $500	0.0% (±6.5 points)	7.3%	3.8%	6.3%
$500 to $999	23.4% (±14.5 points)	20.4%	15.4%	20.2%
$1,000 to $1,499	33.2% (±16.1 points)	31.3%	28.4%	28.1%
$1,500 to $1,999	41.2% (±21.2 points)	25.0%	27.9%	21.1%
$2,000 to $2,499	0.0% (±6.5 points)	10.3%	15.1%	12.0%
$2,500 to $2,999	2.2% (±4.0 points)	2.5%	5.5%	5.5%
$3,000 or more	0.0% (±6.5 points)	3.2%	3.9%	6.8%

The most common range is $1,500 to $1,999, paid by 41.2% of renting households.

2.2% of rented homes in Lake Montezuma cost $2,000 or more a month.

Lake Montezuma against Yavapai County, its state and the nation

Estimate (90% margin of error)
	Lake Montezuma	Yavapai County	Arizona	United States
Median gross rent	$1,238 (±$395)	$1,351 (±$45)	$1,543 (±$7)	$1,413
Rented homes paying rent	668 (±231)	25,443 (±1,256)	889,339 (±6,896)	42,849,984

In Lake Montezuma, median gross rent is not measurably different from Yavapai County ($1,351).

It is not measurably different from Arizona ($1,543).

It is not measurably different from the national figure ($1,413).

In Yavapai County, Lake Montezuma ranks 10 of 19 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 67 of 178.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Lake Montezuma has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$894 (±$91)	$1,238 (±$395)	+38.5%	No measurable change after inflation
Households that rent	32.8% (±10.1 points)	34.8% (±10.4 points)	+2.0 percentage points	Not a measurable change
Rental vacancy rate	9.2% (±11.4 points)	0.0% (±4.8 points)	−9.2 percentage points	Not 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.

Median gross rent in places near Lake Montezuma

Nearest places with a published estimate, compared with Lake Montezuma
Place	Distance	Median gross rent	Compared with this place
Lake Montezuma	—	$1,238 (±$395)	—
Camp Verde	5.6 mi	$1,059 (±$161)	Not measurably different
Cornville	9.3 mi	$1,560 (±$376)	Not measurably different
Village of Oak Creek (Big Park)	10 mi	$1,786 (±$87)	Higher
Verde Village	12 mi	$1,173 (±$88)	Not measurably different
Cottonwood	13 mi	$1,120 (±$98)	Not measurably different
Sedona	15 mi	$1,448 (±$192)	Not measurably different
Clarkdale	17 mi	$1,321 (±$305)	Not measurably different
Jerome	19 mi	$957 (±$649)	Not measurably different

Nearby places with a measurably higher figure: Village of Oak Creek (Big Park), AZ ($1,786).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Yavapai County, place by place

Rank	Place	Median gross rent
4	Sedona	$1,448 (±$192)
5	Prescott	$1,395 (±$74)
6	Dewey-Humboldt	$1,340 (±$78)
7	Clarkdale	$1,321 (±$305)
8	Cordes Lakes	$1,312 (±$180)
9	Chino Valley	$1,248 (±$313)
10	Lake Montezuma	$1,238 (±$395)
11	Verde Village	$1,173 (±$88)
12	Williamson	$1,142 (±$86)
13	Cottonwood	$1,120 (±$98)
14	Paulden	$1,098 (±$173)
15	Camp Verde	$1,059 (±$161)
16	Jerome	$957 (±$649)

Showing 13 of 19 places in Yavapai County, ranked from highest to lowest.

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 has rent gone up in Lake Montezuma?

In Lake Montezuma, the median gross rent went from $894 in 2015–2019 to $1,238 in 2020–2024 (+38.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Lake Montezuma cost more than $2,000 a month?

2.2% of rented homes in Lake Montezuma have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Lake Montezuma higher than in Yavapai County?

In Lake Montezuma, median gross rent is not measurably different from Yavapai County ($1,351).

It is not measurably different from Arizona ($1,543).

It is not measurably different from the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

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 B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

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.