Cheap Homes for Rent in Downtown Montgomery Neighborhood of Dayton, OH from $700 (38 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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Showing Results 1-38, 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 Studio unit found at 320 Grafton priced from $700. 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
320 GraftonStudioStudio,1BA$700
Rockwood ApartmentsStudio C, LStudio,1BA$700
Chamberlain I & II Apartments1A1BR,1BA$733
Flyer Pointe1 Bedroom - Large1BR,1BA$749
Executive House1 Bedroom standard1BR,1BA$775
Apartments at 310 Superior1 Bedroom 1 Bathroom1BR,1BA$775
Audubon Crossing1 Bedroom1BR,1BA$790

Best Value Apartments for Rent in Downtown Montgomery, OH

As of January 02, 2026 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 1x1 Model at The Livery starting at $1,000 with a $0.99 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
The Livery1x11BR,1BA$0.99
108 E Norman Ave, Unit 3108 E Norman Ave2BR,1BA$0.93
1328 St Adalbert Ave, Unit 31328 St Adalbert Ave2BR,1BA$1.08
Audubon Crossing1 Bedroom1BR,1BA$0.91
545 Wyoming St, Unit 545 Wyoming street545 Wyoming St1BR,1BA$0.97
118 Linden Ave, Unit Lower118 Linden Ave1BR,1BA$1.14
151 Niagara Ave, Unit 1151 Niagara Ave2BR,1BA$1.14
1116 W Grand Ave, Unit Apartment #11116 W Grand Ave1BR,1BA$0.82
2112 Catalpa Dr, Unit 22112 Catalpa Dr1BR,1BA$1.00

Frequently Asked Questions about Downtown Montgomery

What type of rentals are currently available in Downtown Montgomery?

There are currently 551 Apartments for Rent in Downtown Montgomery, OH with pricing that ranges from $575 to $3,760. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Montgomery ranging from $750 to $2,995.

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 $750 to $2,995 with an average monthly rent of $1,367.

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 $795 to $3,411, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,695. Four Bedroom Single-Family rentals are also available starting from $1,375 and Four Bedroom Apartments start at $940.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.