Cheap Apartments for Rent in the College Hill Montgomery Neighborhood of Dayton, OH from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the College Hill Montgomery area of Dayton.

Brookview Place

Chamberlain I & II Apartments
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Rockwood Apartments

2046 Shaftesbury Rd, Unit 2046

320 Grafton

Executive House

Riverstone Apartments

Stillwater Park Apartments in Dayton Ohio
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Daytona Village Apartments

310-316 Superior Ave

Arbors North

Meadows of Catalpa
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Bridges of Pine Creek

Rivers Edge Apartments and Townhomes
Dayton's Best Affordable Neighborhoods
Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

Graphic Arts Lofts

1830 Kipling Dr

2001 Parkhill Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

3114 W Hillcrest Ave

2131 Kensington Dr
College Hill Montgomery, Dayton, OH Local Guide

How much does it cost to rent an apartment in College Hill Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| College Hill Montgomery Studio Apartments | $885 | $650 | $1,245 |
| College Hill Montgomery 1 Bedroom Apartments | $1,063 | $599 | $2,795 |
| College Hill Montgomery 2 Bedroom Apartments | $1,362 | $649 | $3,375 |
| College Hill Montgomery 3 Bedroom Apartments | $1,611 | $1,199 | $2,799 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the College Hill Montgomery Neighborhood of Dayton, OH.
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College Hill Montgomery, Dayton, OH Local Guide
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Cheapest Available College Hill Montgomery Apartments for Rent
 The cheapest available apartment rental in the College Hill Montgomery area of Dayton, OH is a Studio unit found at Chamberlain I & II Apartments priced from $650. Rockwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable College Hill Montgomery apartments for rent in Dayton, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chamberlain I & II Apartments | S3 | Studio,1BA | $650 |
| Rockwood Apartments | Studio C, L | Studio,1BA | $700 |
| 320 Grafton | 1 Bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in College Hill Montgomery, OH
As of December 08, 2025 the best value apartment in the College Hill Montgomery area is the $0.89 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,600. The second greatest value College Hill Montgomery apartment is the 3653 Karwin Dr Model at 3653 Karwin Dr, Unit 3653 starting at $700 with a $0.64 price per square foot in the MacFarlane neighborhood. Here is today’s list of the best values for College Hill Montgomery apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grafton House | Two Bedroom Two Bathroom | 2BR,2BA | $0.89 |
| 3653 Karwin Dr, Unit 3653 | 3653 Karwin Dr | 2BR,1BA | $0.64 |
| 108 E Norman Ave, Unit 3 | 108 E Norman Ave | 2BR,1BA | $0.93 |
| 803 Uhrig Ave, Unit Apartment #2 | 803 Uhrig Ave | 2BR,1BA | $0.70 |
| 727 W Fairview Ave, Unit 1 | 727 W Fairview Ave | 2BR,1BA | $0.78 |
| Stillwater Park Apartments in Dayton Ohio | For Rent - Renovated 1 Bedroom Apartment in Day... | 1BR,1BA | $1.07 |
| 603 Rockford Ave, Unit 1 | 603 Rockford Ave | 1BR,1BA | $0.80 |
| 2334 Davue Cir, Unit 2 | 2334 Davue Cir | 1BR,1BA | $1.17 |
| 4336 Fair Oaks Rd, Unit #1 | 4336 Fair Oaks Rd | 1BR,1BA | $1.07 |
| 203 Ryburn Ave, Unit 1 | 203 Ryburn Ave | 1BR,1BA | $1.00 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleCollege Hill Montgomery, Dayton, OH
Ranked #30
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the College Hill Montgomery Neighborhood in Dayton, OH
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
46 / 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 College Hill Montgomery Apartments
What is a cheap apartment in College Hill Montgomery?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Hill Montgomery is under $750.
What is the price of a cheap apartment in College Hill Montgomery?
The cheapest apartment in College Hill Montgomery is Chamberlain I & II Apartments which is listed at $725, while the average apartment in College Hill Montgomery costs $1,574.
What types of apartments are the cheapest in College Hill Montgomery?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in College Hill Montgomery that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in College Hill Montgomery?
Cheap apartments in College Hill Montgomery have an average cost of $188 which is $1,386 cheaper than the average rent for all rentals in College Hill Montgomery.
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.

Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH
Written by: Kim Mooneyham
Once an industrial powerhouse in southwest Ohio, Dayton is gradually changing from a strictly blue-collar city to a light blue-collar/white-collar city with education, tech, and urban development opportunities.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!






















