
Cheap 3 Bedroom Apartments for Rent in Montgomery, AL from $500 (68 Rentals)


2205 E 5th St

412 Edward St

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Woodley Terrace Apartments

Ravenwood Apartments

Beaumont Reserve at Eastern

3533 Manley Dr

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Brentwood Estates

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Governors Parc Apartments

438 Earl Pl
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.

522 Capitol Pkwy Ct

Liberty Square

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Reserve at Boardwalk

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The Lofts on Fountain

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The Eastern

Serenity Apartments at the Park

Brookview Apartments

5931 Singleton St

The View at 4110

Heritage View Apartments
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.

Evergreen Estates

Highland Village Apartments

2401 Overhill Rd

Fox Run Apartments

Foxcroft Apartments

2111 Yarbrough St

Ashley Villas

Birchwood Apartments

311 Bradley Dr

336 3rd St
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.

Vista Terrace

Corner Stone

Woodley Oaks Apartments

Midtown Oaks

Community Village Apartments

Tuscany at Midtown

3735 Bridlewood Dr

6028 Oakleigh Rd

408 Briarbrook Dr

3235 Norman Bridge Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1750 Yarbrough St

Virginia Downs Apartments

204 W Park Ave

5190 Greensboro Dr

Normandale Apartments

1653 N Yarbrough Ct

3608 Wilmington Rd

Pine Oaks Apartments

3003 George B Edmondson Dr

200 Eton Rd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Montgomery, AL Local Guide

How much does it cost to rent an apartment in Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery Studio Apartments | $1,011 | $525 | $2,100 |
| Montgomery 1 Bedroom Apartments | $1,160 | $500 | $2,400 |
| Montgomery 2 Bedroom Apartments | $1,279 | $640 | $2,800 |
| Montgomery 3 Bedroom Apartments | $1,621 | $500 | $5,001 |
| Montgomery 4 Bedroom Apartments | $2,840 | $1,000 | $6,106 |
Explore Montgomery
Montgomery, AL Local Guide
- Montgomery Neighborhoods
- Nearby Cities
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Montgomery, ALPopulation: 198,218
Ranked #120
in US Census Population by City
Best Local Schools in Montgomery, AL
Bear Exploration Center
Loveless Academic Magnet Prog High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montgomery, AL Rentals by Map
See the most popular apartments and homes in Montgomery, AL
Frequently Asked Questions about Cheap Montgomery Apartments
What is a cheap apartment in Montgomery?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montgomery is under $720.
What is the price of a cheap apartment in Montgomery?
The cheapest apartment in Montgomery is Ravenwood Apartments which is listed at $885, while the average apartment in Montgomery costs $3,632.
What types of apartments are the cheapest in Montgomery?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 282 regular apartments in Montgomery that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Montgomery?
Cheap apartments in Montgomery have an average cost of $406 which is $3,226 cheaper than the average rent for all rentals in Montgomery.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.