Cheap Apartments for Rent in the Springfield Montgomery Neighborhood of Dayton, OH from $500 (38 Rentals)

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

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St. Adelbert North
2 Bedroom Apartments

St. Adelbert North

1328-1344 St Adelbert AveDayton, OH 45404
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Cherrywood Manor
Studio Apartments

Cherrywood Manor

417 Cherrywood AveDayton, OH 45403
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440 Maryland Ave
1 to 2 Bedroom Apartments

440 Maryland Ave

440 Maryland AveDayton, OH 45404

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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1111 Troy St
1 Bedroom Apartments

1111 Troy St

1111 Troy StDayton, OH 45404
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536 Brandt St
Studio Apartments

536 Brandt St

536 Brandt StDayton, OH 45404
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4201 E 3rd St
Studio Apartments

4201 E 3rd St

4201 E 3rd StDayton, OH 45403
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3722 E 3rd St
1 Bedroom Apartments

3722 E 3rd St

3722 E 3rd StDayton, OH 45403
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1734 Radio Rd
1 Bedroom Apartments

1734 Radio Rd

1734 Radio RdDayton, OH 45403

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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127 Pawpaw St
Studio Apartments

127 Pawpaw St

127 Pawpaw StDayton, OH 45404
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1613 Radio Rd
Studio Apartments

1613 Radio Rd

1613 Radio RdDayton, OH 45403
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49 Burkhardt Ave
1 Bedroom Apartments

49 Burkhardt Ave

49 Burkhardt AveDayton, OH 45403
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1728 Radio Rd
1 to 2 Bedroom Apartments

1728 Radio Rd

1728 Radio RdDayton, OH 45403

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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35 Linden Ave
Studio Apartments

35 Linden Ave

35 Linden AveDayton, OH 45403
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1135 Troy St
Studio Apartments

1135 Troy St

1135 Troy StDayton, OH 45404
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East Pointe Apartments
1 to 2 Bedroom Apartments

East Pointe Apartments

743 Old Harshman RdDayton, OH 45431
  • Utilities Included
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Huffman Place
1 to 2 Bedroom Apartments

Huffman Place

100 Huffman AveDayton, OH 45403
Senior Living
  • Utilities Included
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Golden Villa
Studio to 1 Bedroom Apartments

Golden Villa

515 Scranton StDayton, OH 45404
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Glendean Arms
2 to 3 Bedroom Apartments

Glendean Arms

905 Glendean AveRiverside, OH 45431

Springfield Montgomery, Dayton, OH Local Guide

Cheapest Available Springfield Montgomery Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Yorktown Colony ApartmentsTHE CAMBRIDGE1BR,1BA$883

Best Value Apartments for Rent in Springfield Montgomery, OH

As of June 12, 2026 the best value apartment in the Springfield Montgomery area is the $1.43 price per square foot 1338 St Adalbert Ave Model at 1338 St Adalbert Ave, Unit 2 in the in the Grafton Hill neighborhood starting from $1,000. The second greatest value Springfield Montgomery apartment is the 118 Linden Ave Model at 118 Linden Ave, Unit Lower starting at $795 with a $1.14 price per square foot in the Grafton Hill neighborhood. Here is today’s list of the best values for Springfield Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1338 St Adalbert Ave, Unit 21338 St Adalbert Ave2BR,1BA$1.43
118 Linden Ave, Unit Lower118 Linden Ave1BR,1BA$1.14
1711 E 3rd St, Unit All Utilities included1711 E 3rd St1BR,1BA$1.14
Yorktown Colony ApartmentsTHE CAMBRIDGE1BR,1BA$1.39

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Springfield Montgomery, Dayton, OH

Ranked #86

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Springfield Montgomery Apartments

How much is rent for a Cheap One Bedroom Springfield Montgomery Apartment?

The lowest price for a Cheap One Bedroom Springfield Montgomery Apartment is $883 at Yorktown Colony Apartments.

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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.