
Cheap Homes for Rent in Downtown Montgomery Neighborhood of Dayton, OH from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Montgomery area of Dayton.


35 Huffman Ave

1317 Salem Ave

45 Marie Ave
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1150-1152 Grafton Ave

304 W Grand Ave, Unit #7

54-56 S Horton St

233 Niagara Ave

218 W Fairview Ave
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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 | $1,120 | $650 | $2,000 |
Downtown Montgomery 3 Bedroom Homes for Rent | $1,383 | $875 | $2,200 |
Downtown Montgomery 4 Bedroom Homes for Rent | $1,599 | $1,200 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Montgomery Neighborhood of Dayton, OH.
Explore Dayton
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 310-316 Superior Ave priced from $725. 320 Grafton Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Downtown Montgomery apartments for rent in Dayton, OH:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
310-316 Superior Ave | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
320 Grafton Ave | 1 Bedroom | 1BR,1BA | $750 |
Executive House | 1 Bedroom standard | 1BR,1BA | $775 |
Audubon Crossing | 1 Bedroom | 1BR,1BA | $790 |
Rockwood Apartments | 1 BD F | 1BR,1BA | $795 |
Best Value Apartments for Rent in Downtown Montgomery, OH
As of July 31, 2025 the best value apartment in the Downtown Montgomery area is the $1.06 price per square foot 2a Model at Stratford House in the in the Downtown Dayton neighborhood starting from $1,574. The second greatest value Downtown Montgomery apartment is the 134 Cross St Model at 134 Cross St, Unit 2 starting at $1,300 with a $0.88 price per square foot in the Grafton Hill 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. |
---|---|---|---|
Stratford House | 2a | 2BR,2BA | $1.06 |
134 Cross St, Unit 2 | 134 Cross St | 3BR,1BA | $0.88 |
Audubon Crossing | 1 Bedroom | 1BR,1BA | $0.91 |
201 Bonner St | 201 Bonner St | 1BR,1BA | $1.24 |
Medford Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
Rockwood Apartments | 1 BD F | 1BR,1BA | $1.01 |
Art Lofts at the Arcade | 1 Bedroom Tax Credit*** | 1BR,1BA | $1.28 |
603 Rockford Ave, Unit 1 | 603 Rockford Ave | 1BR,1BA | $1.14 |
Riverstone Apartments | 1 BD Standard | 1BR,1BA | $1.20 |
310-316 Superior Ave | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.12 |
Frequently Asked Questions about Downtown Montgomery
What type of rentals are currently available in Downtown Montgomery?
There are currently 536 Apartments for Rent in Downtown Montgomery, OH with pricing that ranges from $600 to $3,940. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Montgomery ranging from $595 to $2,200.
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 $595 to $2,200 with an average monthly rent of $1,228.
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 $800 to $3,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $985.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
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