Home prices
Lake Montezuma's median home value is $164,400. This is approximately $51,000 (23%) lower compared to the surrounding areas.It is roughly $53,100 (24%) lower in comparison to the United States as a whole, and in comparison to the city of Phoenix is approximately $71,000 (30%) lower.
Rents
Lake Montezuma's median rent is $894 per month. It is approximately $54 (5%) lower compared to its nearby areas.It is about $168 (15%) lower in comparison to the entire nation, and in comparison to the city of Phoenix it is about $159 (15%) lower.
Nearby places
Camp Verde
Camp Verde is about 6 miles southwest from Lake Montezuma. Housing prices there are somewhat more expensive. The median home in Camp Verde costs $193,100, which works out to $28,700 (14%) higher than Lake Montezuma. The rent there is somewhat less expensive. In Camp Verde the median monthly rent is $710, which comes out to $184 (25%) lower than Lake Montezuma.
Cornville
Cornville is roughly 9 miles northwest from Lake Montezuma. The housing prices there are significantly more expensive. The cost of the median home in Cornville is $257,800, which works out to $93,400 (36%) higher than Lake Montezuma. Rent there is a bit more expensive. Cornville's median monthly rent is $1,140, which comes out to $246 (21%) higher than Lake Montezuma.
Verde Village
Verde Village is approximately 11 miles northwest of Lake Montezuma. Its real estate prices are a little more expensive. Verde Village's median home cost is $208,800, which comes out to $44,400 (21%) higher than Lake Montezuma. Rents there are a little more expensive. Verde Village's median rent is $1,021 per month, which is $127 (12%) higher than Lake Montezuma.
Cottonwood
Cottonwood is roughly 11 miles northwest from Lake Montezuma. Its housing prices are a bit more expensive. The median home value in Cottonwood is $189,400, which is $25,000 (13%) higher than Lake Montezuma. The rent there is pretty similar. The median monthly rent in Cottonwood is $933, which is $39 (4%) higher than Lake Montezuma.
Clarkdale
Clarkdale is roughly 15 miles northwest from Lake Montezuma. Real estate prices there are somewhat more expensive. The median home price in Clarkdale is $227,900, which works out to $63,500 (27%) higher than Lake Montezuma. The rent there is pretty similar. Clarkdale's median rent is $938 a month, which is $44 (4%) higher than Lake Montezuma.