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Montezuma, IN Home Values and Rents

The typical home value in Montezuma is $129,590. Median rent is $959 a month.

Typical home value
$129,590
Zillow
Median rent
$959/mo
ACS 2020-2024
Price change, 1 year
+4.0%
Sep 2026
Homeownership
80.2%
IN: 70.6%

Typical home value in Montezuma

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodMontezuma
Sep 2026$129,590
Dec 2025$125,718
Dec 2024$121,067
Dec 2023$109,569
Dec 2022$101,336
Dec 2021$92,128
Dec 2020$79,549
Dec 2019$69,173
Dec 2018$62,672
Dec 2017$58,118
Dec 2016$51,560
Dec 2015$51,563
Dec 2014$53,908
Dec 2013$53,626
Dec 2012$57,533

Over five years, Montezuma prices changed +42.5%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Parke County, IN

IN rents
Unit sizeMonthly rentvs FY2026
Studio$759+9.8%
1 bedroom$775+5.4%
2 bedrooms$1,014+5.2%
3 bedrooms$1,328+4.4%
4 bedrooms$1,333+4.5%

Frequently asked questions

What is the typical home value in Montezuma, IN?
The typical home value in Montezuma is $129,590 (Zillow Home Value Index, Sep 2026). The Indiana median is $218,200.
How much is rent in Montezuma?
The median rent in Montezuma is $959 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
Are home prices going up in Montezuma?
The typical home value in Montezuma changed +4.0% over one year and +42.5% over five years, as of Sep 2026.