Cheap Apartments for Rent in Montgomery, AL from $300 (256 Rentals)

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

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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property at 760 W April St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

2 Bedroom, 1 Bath Home for Rent

Available Jul 15

760 W April St

MontgomeryAL36105
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Brentwood Estates
$665 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$665 - $900
Total Monthly Price
$665 - $900
1 to 3 Bedroom Apartments Contact Us For Availability

Brentwood Estates

3639 Woodley RdMontgomery, AL 36116
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  • Utilities Included
property at 4192 Edgar D Nixon Ave

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675

3 Bedroom, 1 Bath Home for Rent

Available Jul 1, 5202

4192 Edgar D Nixon Ave

MontgomeryAL36105
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The Eastern
$699 - $1,099
Total Monthly Price

Total Monthly Price

Base Rent
$699 - $1,099
Total Monthly Price
$699 - $1,099
1 to 3 Bedroom Apartments Available Now

The Eastern

4220 Strathmore DrMontgomery, AL 36116
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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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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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Cedar Creek Apartments
Rent Specials
$750 - $985
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $985
Total Monthly Price
$750 - $985
Studio to 2 Bedroom Apartments Available Now

Cedar Creek Apartments

4233 Cedar Creek DrMontgomery, AL 36106
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Azalea Hill
Rent Specials
$759 - $1,049
Total Monthly Price

Total Monthly Price

Base Rent
$759 - $1,049
Total Monthly Price
$759 - $1,049
Studio to 2 Bedroom Apartments Available Now

Azalea Hill

5801 E Shirley LnMontgomery, AL 36117
Student Housing
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Vaughn Lakes
$765 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $1,700
Total Monthly Price
$765 - $1,700
Studio to 3 Bedroom Apartments Available Now

Vaughn Lakes

2600 Vaughn Lakes BlvdMontgomery, AL 36117
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property at 1 S Hopper St

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775
Total Monthly Price
$775

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1 S Hopper St

MontgomeryAL36107

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
$795 - $895
Total Monthly Price

Total Monthly Price

Base Rent
$795 - $895
Total Monthly Price
$795 - $895
1 to 2 Bedroom Apartments Contact Us For Availability

Greenbriar Apartments

4604 Virginia Loop RdMontgomery, AL 36116
Eco-Friendly
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  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Montgomery, AL Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Montgomery, AL

Pricing Updated: 07/12/2026

Current apartment rentals in the Montgomery, AL area range in price from $525 to $5,434 with an overall median price of $3,347. The three Montgomery neighborhoods with the lowest median rent pricing are Faulkner University at $525, McGehee Allendale at $585, and Hillwood at $525. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Faulkner University$1,372$525126
McGehee Allendale$1,372$585207
Hillwood$1,450$525234
Maxwell Air Force Base$1,800$1,25010
Southwest Montgomery$2,200$2,2001
West$2,200$1,2509
West Montgomery$2,200$1,2509
Maxwell Heights$2,450$66074
Lagoon Park$2,558$525153
North Central Montgomery$2,558$70013

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 $460. 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 ListingModel NameBed/BathPriced From
Camelot ApartmentsApt C1BR,1BA$460
The Cypress Grove ResidenceTempestStudio,1BA$525
South Court ApartmentsApt 2182BR,1BA$550
Stonebridge Apartments1 Bed, 1 bath1BR,1BA$585
Fox Crossings1 Bed 1 Bath1BR,1BA$605
Birchwood Apartments1/1.001BR,1BA$645
Beaumont Reserve at Eastern1BR1BA1BR,1BA$645
AlcoveStudioStudio,1BA$645
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath S1BR,1BA$670
Midtown Oaks1/1.001BR,1BA$675

Best Value Apartments for Rent in Montgomery, AL

As of July 12, 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 2 Bedroom Two Bathroom-60% Model at South Mall Apartments starting at $800 with a $0.69 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.
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
South Mall Apartments2 Bedroom Two Bathroom-60%2BR,2BA$0.69
Bonnie Crest ApartmentsBonnie Crest Apartments - 740A2BR,1BA$0.77
Tuscany at Midtown2/1.002BR,1BA$0.86
Fox Crossings1 Bed 1 Bath1BR,1BA$0.71
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$0.86
South Court ApartmentsApt 2182BR,1BA$0.69
Beaumont Reserve at Eastern1BR1BA1BR,1BA$0.81
Camelot ApartmentsApt C1BR,1BA$0.66
Stonebridge Apartments1 Bed, 1 bath1BR,1BA$0.85

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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Real 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.

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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.

Montgomery, AL
Population: 198,218

Ranked #120

in US Census Population by City

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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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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 $675.

What is the price of a cheap apartment in Montgomery?

The cheapest apartment in Montgomery is Camelot Apartments which is listed at $460, while the average apartment in Montgomery costs $3,347.

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 212 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 $427 which is $2,920 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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.