Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Montezuma area can be challenging. Home prices in Lake Montezuma are now at a median cost of $220,677, lower than the Arizona average of $274,828.
The average cost of rent is $987/mo in Lake Montezuma, primarily driven by the current value of real estate in the Lake Montezuma area. While nearly 49.24% of residents own their homes outright in Lake Montezuma, 33.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Montezuma is $4,481 per month. Households that rent pay about 22.03% of their income on rent here. Lake Montezuma's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Rimrock, AZ: equally priced homes
- Camp Verde, AZ: equally priced homes
- Middle Verde, AZ: less expensive homes
- Big Park, AZ: higher priced homes
- Cornville, AZ: higher priced homes
- Verde Village, AZ: higher priced homes
- Page Springs, AZ: higher priced homes
- Cottonwood, AZ: equally priced homes
- Clarkdale, AZ: higher priced homes
- Jerome, AZ: higher priced homes
Cities with Similar Populations
- Harrisburg, AR: less expensive homes
- Havana, IL: less expensive homes
- Hauula, HI: higher priced homes
- Hato Viejo, PR: less expensive homes
- Harwinton, CT: higher priced homes
- Hartford, SD: higher priced homes
- Hartford, MI: less expensive homes
- Hartford, KY: less expensive homes
- Hartford, AL: less expensive homes
- Hart, MI: less expensive homes
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