Cheap Homes for Rent in Downtown Montgomery Neighborhood of Dayton, OH from $600 (35 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Montgomery area of Dayton.

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property at 45 Marie Ave

45 Marie Ave

DaytonOH45405

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property at 458 S Kilmer St

458 S Kilmer St

DaytonOH45417

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Cheapest Available Downtown Montgomery Apartments for Rent

 

The cheapest available apartment rental in the Downtown 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 Downtown Montgomery apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS3Studio,1BA$650
Rockwood ApartmentsStudio C, LStudio,1BA$700
320 Grafton Ave1 Bedroom1BR,1BA$725
310-316 Superior Ave1 Bedroom 1 Bathroom1BR,1BA$750
Audubon Crossing1 Bedroom1BR,1BA$790
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$795
Medford Apartments2 Bedroom2BR,1BA$800
Art Lofts at the Arcade1 Bedroom Tax Credit***1BR,1BA$944
The EchelonThe Pilot1BR,1BA$945

Best Value Apartments for Rent in Downtown Montgomery, OH

As of September 14, 2025 the best value apartment in the Downtown 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 Downtown Montgomery apartment is the 3e Model at Stratford House starting at $1,699 with a $1.04 price per square foot in the Downtown Dayton neighborhood. Here is today’s list of the best values for Downtown Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
Stratford House3e3BR,2BA$1.04
132 Cross St, Unit 132132 Cross St3BR,1BA$0.88
The LandingWyandot 12BR,2.5BA$1.13
The Flight2 Bed / 2 Bath2BR,2BA$0.98
86 Vine St, Unit 8686 Vine St2BR,1BA$1.00
Audubon Crossing1 Bedroom1BR,1BA$0.91
Medford Apartments2 Bedroom2BR,1BA$1.00
547 Wyoming St, Unit 547547 Wyoming St1BR,1BA$0.97
310-316 Superior Ave1 Bedroom 1 Bathroom1BR,1BA$1.15

Frequently Asked Questions about Downtown Montgomery

What type of rentals are currently available in Downtown Montgomery?

There are currently 539 Apartments for Rent in Downtown Montgomery, OH with pricing that ranges from $400 to $3,960. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Montgomery ranging from $600 to $2,495.

What is the current price range for Rental Homes in Downtown Montgomery?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Montgomery ranges from $600 to $2,495 with an average monthly rent of $1,226.

How much are larger Three and Four Bedroom Rentals in Downtown Montgomery?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Montgomery range from $850 to $3,406, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,150. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $990.

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.

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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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.