Lake Montezuma, AZ Real Estate

According to census data in the year 2000 there were 1,613 housing units in Lake Montezuma. This represents a 45.4% growth from 1,109 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,613 were located in what is classified as a rural area.

Homeownership rate in Lake Montezuma is about 75.6%. Lake Montezuma's vacancy rate, including seasonal lodging, is about 12.5%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Lake Montezuma were built after 1982.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom8.40%
Two Bedrooms49.20%
Three Bedrooms35.90%
Four Bedrooms4.80%
Five Bedrooms or more0.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1982
Median Value of occupied units$105,700
Median Price asked for vacant units$96,000

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1982
Median Monthly Rent asked for vacant units$655

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.10%
Home Equity Loan8.10%
Simple Mortgage52.20%
Debt Free32.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%