Cheap Apartments for Rent in Montgomery, AL from $300 (119 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montgomery.

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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property at 139 Mt Vernon Dr

$750 - $1,000

3 To 4 Bedroom Rentals

Available Now

139 Mt Vernon Dr

MontgomeryAL36105

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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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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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.

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property at 1419 S Perry St

$925 - $1,350

1 To 3 Bedroom Rentals

Available Now

1419 S Perry St

MontgomeryAL36104

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.

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Montgomery, AL Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Montgomery, AL

Pricing Updated: 12/19/2025

Current apartment rentals in the Montgomery, AL area range in price from $495 to $4,000 with an overall median price of $2,060. The three Montgomery neighborhoods with the lowest median rent pricing are Cloverdale Idlewild at $842, McGehee Allendale at $1,050, and Faulkner University at $1,100. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cloverdale Idlewild$1,268$8425
McGehee Allendale$1,400$1,0504
Faulkner University$1,500$1,10019
West$1,500$70017
West Montgomery$1,500$70017
Chisolm$1,522$57597
Downtown Montgomery$1,522$495113
Outer Central$1,522$495113
Centennial Hill$1,545$49594
Highland Park$1,545$495130

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, AL is a 1 Bed unit found at Woodley Terrace Apartments in the South Montgomery City neighborhood priced from $625. Alcove in the Halcyon Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$625
AlcoveStudioStudio,1BA$645
Azalea HillStudioStudio,1BA$659
Courtyard CitiFlats Apartments1BD/1BA Studio1BR,1BA$660
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath Medium1BR,1BA$663
Brentwood Estates1x1Brentwood Estates1BR,1BA$665
Heritage View ApartmentsTwo Bedroom2BR,2BA$672
The Eastern1 Bed / 1 Bath1BR,1BA$699
Cedar Creek ApartmentsStudio ApartmentStudio,1BA$715
Sunrise Apartments1BR/1BA1BR,1BA$765

Best Value Apartments for Rent in Montgomery, AL

As of December 19, 2025 the best value apartment in the Montgomery area is the $0.55 price per square foot 2171 College St Model at 2171 College St, Unit 2171 in the in the South Montgomery City neighborhood starting from $1,075. The second greatest value Montgomery apartment is the 2 bedroom, 1.5 bath Model at Price Street Townhomes starting at $1,175 with a $0.84 price per square foot in the South Montgomery City neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2171 College St, Unit 21712171 College St3BR,2BA$0.55
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
The Gatsby at Midtown Apartment LivingThe Carraway 2x22BR,2BA$0.99
Chase ParkChase III3BR,2BA$0.89
Park at Meadow RidgeSanta Rosa Renovated2BR,2BA$0.91
The Lofts on Fountain2 Bed/2 Bath2BR,2BA$0.81
Heritage View ApartmentsTwo Bedroom2BR,2BA$0.65
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath Medium1BR,1BA$0.95
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$0.92

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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The 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.

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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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Montgomery Overview

Montgomery is a city rich in culture, history, food and entertainment. From your Montgomery Apartments, you’ll have full ability to explore, discover and enjoy all that Montgomery has to offer. With only around 206 thousand people as of the last census, Montgomery is one of those bustling cities with a small town feel. Let’s explore some of the great things that this little city has to offer.

Why live in Montgomery, AL?

What really makes Montgomery great is the warm weather and the great people. Montgomery is a place that lives and breathes a rich history, but like only certain cities has moved into the modern age without losing its casual and friendly charm.

Best Local Schools in
Montgomery, AL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, AL Rentals by Map

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See the most popular apartments and homes in Montgomery, AL

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Montgomery, AL Apartments Map
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Montgomery, AL Rental Homes Map

Getting Around Montgomery, AL

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

19 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Montgomery Apartments

What is the Cheapest Studio apartment in Montgomery?

Currently the most affordable Cheap Studio Apartment in Montgomery is at Alcove listed at $645.

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

The lowest price for a Cheap One Bedroom Montgomery Apartment is $625 at Woodley Terrace Apartments.

What is the lowest price for a Cheap Two Bedroom Montgomery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montgomery is starting from $640 at Woodley Terrace Apartments.

What is the most affordable Montgomery Three Bedroom Apartment?

The best deal on a cheap Montgomery Three Bedroom Apartment rental is at Woodley Terrace Apartments and starts from $850.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.