
Cheap Apartments for Rent in Montgomery, AL from $300 (211 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.


2659 Woodley Park Dr

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The Cypress Grove Residence

Ravenwood Apartments

Midtown Oaks

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Woodley Terrace Apartments

S. S Capitol Pkwy

Alcove

Beaumont Reserve at Eastern

Birchwood Apartments
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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Courtyard CitiFlats Apartments

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Brentwood Estates

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The Eastern

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The Lofts on Fountain

2030 Madison Ave

1316 S Hull St

1314 S Hull St

Tuscany at Midtown

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Governors Parc Apartments

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Azalea Hill
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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Cedar Creek Apartments

Turtle Place

The Mark

951 E Edgemont Ave

945-951 E Edgemont Ave

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Sunrise Apartments

Anthos at Belmont

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Vaughn Lakes

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Greenbriar Apartments

19 Calhoun Rd
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.

3017 McQueen St

Woodmere Reserve

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Zelda Pointe

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Reserve at Boardwalk

412 Edward St

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Bristol Downs

718 E Edgemont Ave

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Magnolia Apartments

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Bell Oaks Apartments

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The Park at Monticello
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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Cloverdale Estates

Stratford Village

Liberty Square

7 Calhoun Rd

2346 College St

1947 Norman Bridge Rd

7 Calhoun Rd

2107 Felder Terrace

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Retreat at Eddins

Corner Stone
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.
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 | $956 | $525 | $2,100 |
| Cheap Montgomery 1 Bedroom Apartments | $1,117 | $620 | $2,400 |
| Cheap Montgomery 2 Bedroom Apartments | $1,217 | $640 | $2,800 |
| Cheap Montgomery 3 Bedroom Apartments | $1,510 | $500 | $5,022 |
| Cheap Montgomery 4 Bedroom Apartments | $2,854 | $1,000 | $5,942 |
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: 05/22/2026Current apartment rentals in the Montgomery, AL area range in price from $500 to $6,011 with an overall median price of $3,614. The three Montgomery neighborhoods with the lowest median rent pricing are Lake Forest at $645, Faulkner University at $525, and Wynlakes at $800. 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 |
|---|---|---|---|
| Lake Forest | $1,364 | $645 | 85 |
| Faulkner University | $1,372 | $525 | 114 |
| Wynlakes | $1,624 | $800 | 46 |
| Arrowhead Country Club | $1,631 | $800 | 42 |
| Maxwell Air Force Base | $1,798 | $1,275 | 27 |
| Lagoon Park | $1,997 | $525 | 135 |
| Southwest Montgomery | $2,200 | $2,200 | 1 |
| West | $2,200 | $1,275 | 24 |
| West Montgomery | $2,200 | $1,275 | 24 |
| Maxwell Heights | $2,732 | $660 | 82 |
Cheapest Available Montgomery Apartments for Rent
 The cheapest available apartment rental in Montgomery, AL is a 1 Bed unit found at Camelot Apartments in the South Central Montgomery neighborhood priced from $475. The Cypress Grove Residence in the Halcyon Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Montgomery apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Camelot Apartments | Apt H | 1BR,1BA | $475 |
| The Cypress Grove Residence | Tempest | Studio,1BA | $525 |
| Alcove | Studio | Studio,1BA | $645 |
| Birchwood Apartments | 1/1.00 | 1BR,1BA | $645 |
| Beaumont Reserve at Eastern | 1BR1BA | 1BR,1BA | $645 |
| 3415 Gilmer Ct | Furnished Unit | 2BR,1BA | $650 |
| Brentwood Estates | 1x1Brentwood Estates | 1BR,1BA | $665 |
| Midtown Oaks | 1/1.00 | 1BR,1BA | $675 |
| The Eastern | 1 Bed / 1 Bath | 1BR,1BA | $699 |
| The Lofts on Fountain | 1 Bed/1 Bath | 1BR,1BA | $699 |
Best Value Apartments for Rent in Montgomery, AL
As of May 22, 2026 the best value apartment in the Montgomery area is the $0.77 price per square foot Two Bedroom Model at Heritage View Apartments in the in the Maxwell Heights neighborhood starting from $789. The second greatest value Montgomery apartment is the Ravenwood 2 Bedroom 1 Bath Medium Model at Ravenwood Apartments starting at $745 with a $0.72 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Heritage View Apartments | Two Bedroom | 2BR,2BA | $0.77 |
| Ravenwood Apartments | Ravenwood 2 Bedroom 1 Bath Medium | 2BR,1BA | $0.72 |
| Tuscany at Midtown | 2/1.00 | 2BR,1BA | $0.86 |
| Camelot Apartments | Apt D | 2BR,2BA | $0.75 |
| Turtle Place | 1/1.00 | 1BR,1BA | $0.88 |
| The Mark | 1/1.00 | 1BR,1BA | $0.88 |
| 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 |
| Birchwood Apartments | 1/1.00 | 1BR,1BA | $0.88 |
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 ArticleReal 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.
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.
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 $699.
What is the price of a cheap apartment in Montgomery?
The cheapest apartment in Montgomery is Camelot Apartments which is listed at $475, while the average apartment in Montgomery costs $3,614.
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 258 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 $403 which is $3,211 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.