Cheap Apartments for Rent in Montgomery, AL from $300 (115 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

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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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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Local Guide Expert

Cheapest Neighborhoods for Apartments in Montgomery, AL

Pricing Updated: 11/02/2025

Current apartment rentals in the Montgomery, AL area range in price from $592 to $6,270 with an overall median price of $3,278. The three Montgomery neighborhoods with the lowest median rent pricing are Sturbridge at $649, Halcyon Park at $649, and Southeast Montgomery at $963. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sturbridge$1,515$649154
Halcyon Park$1,517$649146
Southeast Montgomery$1,579$96327
Wynlakes$1,626$80053
Lake Forest$1,629$64966
Arrowhead Country Club$1,633$80035
Maxwell Air Force Base$1,867$92514
Outer East$2,050$621271
Southwest Montgomery$2,200$9251
West$2,200$92510

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. Ravenwood Apartments in the South Montgomery City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $643. 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
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath Large1BR,1BA$643
AlcoveStudioStudio,1BA$645
Brentwood Estates1x1Brentwood Estates1BR,1BA$665
The Eastern1 Bed / 1 Bath1BR,1BA$699
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$700
Governors Parc Apartments1 Bedroom1BR,1BA$735
Bristol DownsTHE CLIFTON1BR,1BA$760
Sunrise Apartments1BR/1BA1BR,1BA$765

Best Value Apartments for Rent in Montgomery, AL

As of November 03, 2025 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 2 bedroom/ 2 bath Model at Retreat at Dublin Creek starting at $1,225 with a $0.98 price per square foot in the North Montgomery 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.
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
Retreat at Dublin Creek2 bedroom/ 2 bath2BR,2BA$0.98
Park at Meadow RidgeSanta Rosa Renovated2BR,2BA$0.91
The Lofts on Fountain2 Bed/2 Bath2BR,2BA$0.81
402 Federal Dr, Unit 402 C402 Federal Dr2BR,1BA$0.95
3398 Southmont Dr, Unit D3398 Southmont Dr2BR,1BA$0.79
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Governors Parc Apartments1 Bedroom1BR,1BA$0.95
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath Large1BR,1BA$0.88
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$0.92

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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 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 $765.

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 $3,278.

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 142 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 $151 which is $3,127 cheaper than the average rent for all rentals in Montgomery.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.