close
View Me
$650Studio Apartments Available Now
142 Ashley St, Unit 142 A
142 Ashley StDayton, OH 45409
Cheap Homes for Rent in the Downtown Montgomery Neighborhood of Dayton, OH from $600 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Montgomery area of Dayton.
113 Niagara Ave
DaytonOH45405
222 Sherman St
DaytonOH45403
1906 Elsmere Ave, Unit #2
1906 Elsmere Ave
DaytonOH45406
321 W Norman Ave
DaytonOH45405
close
View Me
$7501 Bedroom Apartments Available Now
2349 E 5th St, Unit 2351 E 5th Upstairs
2349 E 5th StDayton, OH 45403
Dayton's Best Affordable Neighborhoods
Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham
close
View Me
$7501 Bedroom Apartments Available Now
423 Quitman St, Unit 423 Quitman
423 Quitman StDayton, OH 45410
close
View Me
$7591 Bedroom Apartments Available Now
136 Lexington Ave, Unit 1
136 Lexington AveDayton, OH 45402
628 W Norman Ave
DaytonOH45406
close
View Me
$8501 Bedroom Apartments Available Now
22 Emmet St, Unit 19
22 Emmet StDayton, OH 45405
601 Randolph St
DaytonOH45417
close
View Me
$850Studio Apartments Available Aug 1
22 Emmet St, Unit 15
22 Emmet StDayton, OH 45405
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.
41 N Marion St
DaytonOH45417
close
View Me
$9002 Bedroom Apartments Available Now
726 Taylor St, Unit 728
726 Taylor StDayton, OH 45404
close
View Me
$9002 Bedroom Apartments Available Now
726 Taylor St, Unit 726
726 Taylor StDayton, OH 45404
close
View Me
$9252 Bedroom Apartments Available Now
1039 Salem Ave, Unit 3
1039 Salem AveDayton, OH 45406
112-114 Rockwood Ave
DaytonOH45405
466 Allwen Dr
DaytonOH45406
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.
255 N Main St, Unit 33
255 N Main St
DaytonOH45402
2116 Wayne Ave
DaytonOH45410
Showing Results 1-20, Page 1 of 1
Downtown Montgomery, Dayton, OH Local Guide
How much does it cost to rent a home in Downtown Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Montgomery 2 Bedroom Homes for Rent | $1,223 | $795 | $2,200 |
| Downtown Montgomery 3 Bedroom Homes for Rent | $1,349 | $750 | $3,500 |
| Downtown Montgomery 4 Bedroom Homes for Rent | $1,519 | $1,300 | $1,750 |
| Downtown Montgomery 5 Bedroom Homes for Rent | $2,275 | $1,750 | $2,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Downtown Montgomery Neighborhood of Dayton, OH.
Explore Dayton
Let everyone know!
Do you know the Downtown Montgomery area?
If you’re an expert on all things Downtown Montgomery, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Chamberlain I & II Apartments priced from $650. 320 Grafton 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chamberlain I & II Apartments | S3 | 1BR,1BA | $650 |
| 320 Grafton | Studio | Studio,1BA | $700 |
| Audubon Crossing | 1 Bedroom | 1BR,1BA | $790 |
| Riverstone Apartments | Conveniently located 1 BD 1 BA apartments! off ... | 1BR,1BA | $795 |
| Medford Apartments | 2 Bedroom | 2BR,1BA | $800 |
Best Value Apartments for Rent in Downtown Montgomery, OH
As of July 21, 2026 the best value apartment in the Downtown Montgomery area is the $0.93 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,674. The second greatest value Downtown Montgomery apartment is the 2 BD D,K,A,N Model at Rockwood Apartments starting at $1,025 with a $0.93 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grafton House | Two Bedroom Two Bathroom | 2BR,2BA | $0.93 |
| Rockwood Apartments | 2 BD D,K,A,N | 2BR,2BA | $0.93 |
| 1067 Salem Ave | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.80 |
| The Flight | 2 Bed / 2 Bath | 2BR,2BA | $0.91 |
| 108 E Norman Ave | 108 E Norman Ave | 2BR,1BA | $0.99 |
| Audubon Crossing | 2 Bedroom | 2BR,1BA | $1.08 |
| 118 Linden Ave, Unit Lower | 118 Linden Ave | 1BR,1BA | $0.94 |
| Medford Apartments | 2 Bedroom | 2BR,1BA | $1.00 |
| 341 Park Dr, Unit 341A Park Drive | 341 Park Dr | 1BR,1BA | $1.20 |
| 1116 W Grand Ave | 1116 W Grand Ave | 1BR,1BA | $0.82 |
Frequently Asked Questions about Downtown Montgomery
What type of rentals are currently available in Downtown Montgomery?
There are currently 529 Apartments for Rent in Downtown Montgomery, OH with pricing that ranges from $650 to $4,200. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Montgomery ranging from $650 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 $650 to $3,500 with an average monthly rent of $1,390.
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 $945 to $3,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,300 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
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.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.