Cheap Apartments for Rent in the College Hill Montgomery Neighborhood of Dayton, OH from $500 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the College Hill Montgomery area of Dayton.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Dayton's Best Affordable Neighborhoods

Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

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2247-2263 Hepburn Ave
1 Bedroom Apartments

2247-2263 Hepburn Ave

2247-2263 Hepburn AveDayton, OH 45406
  • Utilities Included
Showing Results 1-27, Page 1 of 1

College Hill Montgomery, Dayton, OH Local Guide

Cheapest Available College Hill Montgomery Apartments for Rent

 

The cheapest available apartment rental in the College Hill Montgomery area of Dayton, OH is a 1 Bed unit found at Chamberlain I & II Apartments priced from $650. Brookview Place 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 ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS31BR,1BA$650
Brookview PlaceStudioStudio,1BA$700
320 GraftonStudioStudio,1BA$750
Executive House1 Bedroom standard1BR,1BA$775
Riverstone Apartments1 BD Standard1BR,1BA$795
Meadows of CatalpaChristy1BR,1BA$795
Rockwood Apartments1 BD I & M1BR,1BA$795
Apartments at 310 Superior1 Bedroom 1 Bathroom1BR,1BA$825

Best Value Apartments for Rent in College Hill Montgomery, OH

As of April 10, 2026 the best value apartment in the College Hill Montgomery area is the $0.21 price per square foot 48 Richmond Ave Model at 48 Richmond Ave, Unit 48 Richmond ave in the in the Downtown Dayton neighborhood starting from $1,100. The second greatest value College Hill Montgomery apartment is the Two Bedroom Two Bathroom Model at Grafton House starting at $1,600 with a $0.89 price per square foot in the Downtown Dayton neighborhood. Here is today’s list of the best values for College Hill Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
48 Richmond Ave, Unit 48 Richmond ave48 Richmond Ave2BR,1.5BA$0.21
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
2056 Auburn Ave2056 Auburn Ave3BR,1BA$1.11
Townhouse Court ApartmentsCT 2B 1.5B2BR,1.5BA$0.95
108 E Norman Ave108 E Norman Ave2BR,1BA$0.99
Arbors NorthTwo Bedroom 1.5 bathroom Townhome2BR,1.5BA$1.13
2715 Riverside Dr, Unit D2715 Riverside Dr1BR,1BA$0.85
Stillwater Park ApartmentsRent Now - Renovated 2 Bedroom Apartment in Day...2BR,1BA$1.07
250 E Beechwood Ave, Unit 1250 E Beechwood Ave1BR,1BA$0.93
Rockwood Apartments1 BD I & M1BR,1BA$1.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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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.

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Quick 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.

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Pet Friendly Lifestyle
College Hill Montgomery, Dayton, OH

Ranked #29

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap College Hill Montgomery Apartments

What is the Cheapest Studio apartment in College Hill Montgomery?

Currently the most affordable Cheap Studio Apartment in College Hill Montgomery is at Brookview Place listed at $700.

How much is rent for a Cheap One Bedroom College Hill Montgomery Apartment?

The lowest price for a Cheap One Bedroom College Hill Montgomery Apartment is $650 at Chamberlain I & II Apartments.

What is the lowest price for a Cheap Two Bedroom College Hill Montgomery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in College Hill Montgomery is starting from $910 at Stillwater Park Apartments.

What is the most affordable College Hill Montgomery Three Bedroom Apartment?

The best deal on a cheap College Hill Montgomery Three Bedroom Apartment rental is at Park Layne Apartments and starts from $1,500.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.