
Cheap Apartments for Rent in Montgomery, AL from $300 (119 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.


Country Club Estates - Senior Living Center

Ravenwood Apartments

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Woodley Terrace Apartments

Alcove

Beaumont Reserve at Eastern

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Courtyard CitiFlats Apartments

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Brentwood Estates

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The Eastern

The Lofts on Fountain
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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1576 Ann St

Cedar Creek Apartments

S. S Capitol Pkwy

2672 E 3rd St

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Governors Parc Apartments

517 N Florida St

Anthos at Belmont

139 Mt Vernon Dr

Sunrise Apartments

Vaughn Lakes
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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Greenbriar Apartments

Woodmere Reserve

Corner Stone

Reserve at Boardwalk

2006 Harmon St

2006 Harmon St

Bristol Downs

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The Retreat at Eddins Apartments

Bell Oaks

Stratford Village
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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Magnolia Apartments

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Cloverdale Estates

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Zelda Pointe

Legacy at Festival

Liberty Square

Chase Park

2107 Felder Terrace

132 Arden Rd

Azalea Hill

Gazebo East
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.

7 Calhoun Rd

Addison Park

Park at Meadow Ridge

The Park at Monticello

2241 St Charles Ave

1732 Westhaven Ln

1419 S Perry St

2008 Harmon St

The Banc

3442 Audubon Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Montgomery, AL Local Guide

How much does it cost to rent an apartment in Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Montgomery Studio Apartments | $898 | $525 | $1,805 |
| Cheap Montgomery 1 Bedroom Apartments | $1,083 | $592 | $2,411 |
| Cheap Montgomery 2 Bedroom Apartments | $1,180 | $640 | $2,789 |
| Cheap Montgomery 3 Bedroom Apartments | $1,476 | $750 | $3,499 |
| Cheap Montgomery 4 Bedroom Apartments | $2,455 | $1,295 | $4,046 |
Browse Top Apartments in Montgomery
See all Apartments in MontgomeryExplore Montgomery
Montgomery, AL Local Guide

- Montgomery Neighborhoods
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Cheapest Neighborhoods for Apartments in Montgomery, AL
Pricing Updated: 02/20/2026Current apartment rentals in the Montgomery, AL area range in price from $525 to $5,670 with an overall median price of $3,180. The three Montgomery neighborhoods with the lowest median rent pricing are Faulkner University at $525, Halcyon Park at $525, and Sturbridge at $525. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Faulkner University | $1,450 | $525 | 136 |
| Halcyon Park | $1,495 | $525 | 169 |
| Sturbridge | $1,495 | $525 | 180 |
| Lake Forest | $1,616 | $784 | 86 |
| Southeast Montgomery | $1,618 | $925 | 29 |
| Arrowhead Country Club | $1,637 | $800 | 37 |
| Wynlakes | $1,637 | $800 | 55 |
| Maxwell Air Force Base | $1,786 | $1,300 | 21 |
| Lagoon Park | $1,907 | $525 | 176 |
| Southwest Montgomery | $2,200 | $2,200 | 1 |
Cheapest Available Montgomery Apartments for Rent
 The cheapest available apartment rental in Montgomery, AL is a Studio unit found at The Cypress Grove Residence in the Halcyon Park neighborhood priced from $525. Camelot Apartments in the South Central Montgomery neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $550. Here is today’s list of the most affordable Montgomery apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Cypress Grove Residence | Tempest | Studio,1BA | $525 |
| Camelot Apartments | Apt F | 2BR,2BA | $550 |
| Woodley Terrace Apartments | 1x1Woodley Terrace Apartments | 1BR,1BA | $625 |
| Beaumont Reserve at Eastern | 1BR1BA | 1BR,1BA | $645 |
| Alcove | Studio | Studio,1BA | $645 |
| Ravenwood Apartments | Ravenwood 1 Bed 1 Bath Medium | 1BR,1BA | $653 |
| Brentwood Estates | 1x1Brentwood Estates | 1BR,1BA | $665 |
| Heritage View Apartments | Two Bedroom | 2BR,2BA | $672 |
| The Lofts on Fountain | 1 Bed/1 Bath | 1BR,1BA | $699 |
| The Eastern | 1 Bed / 1 Bath | 1BR,1BA | $699 |
Best Value Apartments for Rent in Montgomery, AL
As of February 20, 2026 the best value apartment in the Montgomery area is the $0.84 price per square foot 2 bedroom, 1.5 bath Model at Price Street Townhomes in the in the South Montgomery City neighborhood starting from $1,175. The second greatest value Montgomery apartment is the The Carraway 2x2 Model at The Gatsby at Midtown Apartment Living starting at $1,200 with a $0.95 price per square foot in the South Central Montgomery neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Price Street Townhomes | 2 bedroom, 1.5 bath | 2BR,1.5BA | $0.84 |
| The Gatsby at Midtown Apartment Living | The Carraway 2x2 | 2BR,2BA | $0.95 |
| Heritage View Apartments | Two Bedroom | 2BR,2BA | $0.65 |
| Camelot Apartments | Apt E | 2BR,2BA | $0.61 |
| The Lofts on Fountain | 1 Bed/1 Bath | 1BR,1BA | $0.86 |
| Beaumont Reserve at Eastern | 1BR1BA | 1BR,1BA | $0.81 |
| Brentwood Estates | 1x1Brentwood Estates | 1BR,1BA | $0.85 |
| Governors Parc Apartments | 1 Bedroom | 1BR,1BA | $0.95 |
| Ravenwood Apartments | Ravenwood 1 Bed 1 Bath Large | 1BR,1BA | $0.94 |
| Woodley Terrace Apartments | 1x1Woodley Terrace Apartments | 1BR,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.
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 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
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 $699.
What is the price of a cheap apartment in Montgomery?
The cheapest apartment in Montgomery is Woodley Terrace Apartments which is listed at $625, while the average apartment in Montgomery costs $3,180.
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 302 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 $429 which is $2,751 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.