Cheap Apartments for Rent in Montezuma, IN from $400 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montezuma.

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Montezuma, IN Local Guide

Cheapest Available Montezuma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montezuma, IN is a Studio unit found at Brookhaven priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Montezuma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
Brunswick ApartmentsStudioStudio,1BA$625
Willow CrossingsPhase I - StudioStudio,1BA$639
Highland Terrace Apartments1 Bedroom 1 Bathroom1BR,1BA$675

Best Value Apartments for Rent in Montezuma, IN and Nearby

As of March 26, 2025 the best value apartment in the Montezuma area is the $0.84 price per square foot 3 Bedroom Model at Springhill Apartments in the starting from $925. The second greatest value Montezuma apartment is the 2x2 Model at Arbors at Honey Creek starting at $1,022 with a $0.95 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Montezuma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Springhill Apartments3 Bedroom3BR,1.5BA$0.84
Arbors at Honey Creek2x22BR,2BA$0.95
Cloverdale HeightsStudio, 1 bathStudio ,1BA$1.00
Cobblestone Crossings ApartmentsAvalon - 22BR,2BA$1.03
202 E Crockett2 Bedroom2BR,1BA$1.05
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.90
The Grove1 Bed 1 Bath1BR,1BA$0.97
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

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Getting Around Montezuma, IN

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Montezuma Apartments

What is the Cheapest Studio apartment in Montezuma?

Currently the most affordable Cheap Studio Apartment in Montezuma is at Brookhaven listed at $525.

How much is rent for a Cheap One Bedroom Montezuma Apartment?

The lowest price for a Cheap One Bedroom Montezuma Apartment is $550 at Union Pointe.

What is the lowest price for a Cheap Two Bedroom Montezuma Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montezuma is starting from $650 at Union Pointe.

What is the most affordable Montezuma Three Bedroom Apartment?

The best deal on a cheap Montezuma Three Bedroom Apartment rental is at Springhill Apartments and starts from $925.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.