Cheap Homes for Rent in the Downtown Montgomery Neighborhood of Dayton, OH from $675 (20 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 628 W Norman Ave
$735

Total Monthly Price

Base Rent$735
Total Monthly Price$735
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

628 W Norman Ave

DaytonOH45406

Dayton's Best Affordable Neighborhoods

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

Read Article

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 114 Rockwood Ave
$950

Total Monthly Price

Base Rent$950
Total Monthly Price$950
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

114 Rockwood Ave

DaytonOH45405

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-20, Page 1 of 1

Cheapest Available Downtown Montgomery Apartments for Rent

 

The cheapest available apartment rental in the Downtown Montgomery area of Dayton, OH is a 1 Bed unit found at Audubon Crossing priced from $639. Flyer Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Downtown Montgomery apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Audubon Crossing1 Bedroom1BR,1BA$639
Flyer PointeStudioStudio,1BA$649
Chamberlain I & II ApartmentsS41BR,1BA$650
1008 W Fairview Ave1BR/1.0BA1BR,1BA$700
115 E Norman Ave1BR/1.0BA1BR,1BA$750

Best Value Apartments for Rent in Downtown Montgomery, OH

As of September 05, 2026 the best value apartment in the Downtown Montgomery area is the $0.35 price per square foot 950 Irving Ave Model at 950 Irving Ave, Unit 950 in the in the Patterson Park neighborhood starting from $556. The second greatest value Downtown Montgomery apartment is the 3BR/2.5BA Model at 18-26 HOLT starting at $1,325 with a $0.98 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.
950 Irving Ave, Unit 950950 Irving Ave5BR,2BA$0.35
18-26 HOLT3BR/2.5BA3BR,2.5BA$0.98
2247 Salem Ave, Unit 22472247 Salem Ave3BR,1.5BA$0.96
363 Park Dr, Unit 363 Park Ave363 Park Dr1BR,1BA$0.83
Rockwood Apartments2 BD D,K,A,N2BR,2BA$0.93
1067 Salem Ave2 Beds, 1.5 Baths2BR,1.5BA$0.80
The Flight2 Bed / 2 Bath2BR,2BA$0.91
1008 W Fairview Ave1BR/1.0BA1BR,1BA$0.70
115 E Norman Ave1BR/1.0BA1BR,1BA$0.75
108 E Norman Ave108 E Norman Ave2BR,1BA$0.99

Frequently Asked Questions about Downtown Montgomery

What type of rentals are currently available in Downtown Montgomery?

There are currently 541 Apartments for Rent in Downtown Montgomery, OH with pricing that ranges from $556 to $4,200. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Montgomery ranging from $675 to $3,500.

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 $675 to $3,500 with an average monthly rent of $1,341.

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 $875 to $3,406, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $750.

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

decorative image for Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH article

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.