Cheap Apartments for Rent in the Springfield Montgomery Neighborhood of Dayton, OH from $500 (37 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
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1111 Troy St
1 Bedroom Apartments

1111 Troy St

1111 Troy StDayton, 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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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
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35 Linden Ave
Studio Apartments

35 Linden Ave

35 Linden AveDayton, OH 45403

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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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

Dayton's Best Affordable Neighborhoods

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

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Glendean Arms
2 to 3 Bedroom Apartments

Glendean Arms

905 Glendean AveRiverside, OH 45431

Cheapest Available Springfield Montgomery Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Yorktown Colony ApartmentsTHE BUCHANAN1BR,1BA$823

Best Value Apartments for Rent in Springfield Montgomery, OH

As of April 28, 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 THE BUCHANAN Model at Yorktown Colony Apartments starting at $823 with a $1.43 price per square foot in the Old North Dayton 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
Yorktown Colony ApartmentsTHE BUCHANAN1BR,1BA$1.43

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.