Cheap Apartments for Rent in Montgomery, AL from $300 (113 Rentals)

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

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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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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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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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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Montgomery, AL Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Montgomery, AL

Pricing Updated: 09/30/2025

Current apartment rentals in the Montgomery, AL area range in price from $595 to $3,500 with an overall median price of $2,228. The three Montgomery neighborhoods with the lowest median rent pricing are Hillwood at $1,200, Southwest Montgomery at $700, and Cloverdale Idlewild at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hillwood$1,449$1,2006
Southwest Montgomery$1,500$70010
Cloverdale Idlewild$1,550$1,2003
Chisolm$1,617$595103
Maxwell Air Force Base$1,625$70015
West$1,652$70025
West Montgomery$1,652$70025
Faulkner University$1,675$1,2999
Dalraida$1,700$595161
North Central Montgomery$1,717$70045

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, AL is a 1 Bed unit found at Sunrise Extended Stay in the Halcyon Park neighborhood priced from $300. Woodley Terrace Apartments in the South Montgomery City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunrise Extended Stay1 Bed 1 Bathroom Weekly1BR,1BA$300
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$625
Brentwood Estates1x1Brentwood Estates1BR,1BA$665
Heritage View ApartmentsTwo Bedroom2BR,2BA$672
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$699
The Eastern1 Bed / 1 Bath1BR,1BA$699
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$700
Ravenwood ApartmentsRavenwood 2 Bedroom 1 Bath Medium2BR,1BA$728
Governors Parc Apartments1 Bedroom1BR,1BA$735
Anthos at Belmont3580 McGehee Place Drive S1BR,1BA$750

Best Value Apartments for Rent in Montgomery, AL

As of September 30, 2025 the best value apartment in the Montgomery area is the $0.98 price per square foot Frances Model at Barrington Place in the in the Halcyon Park neighborhood starting from $1,549. 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.
Barrington PlaceFrances3BR,2BA$0.98
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
The Gatsby at Midtown Apartment LivingThe Carraway 2x22BR,2BA$0.99
Park at Meadow RidgeSanta Rosa Renovated2BR,2BA$0.91
Heritage View ApartmentsTwo Bedroom2BR,2BA$0.65
Ravenwood ApartmentsRavenwood 2 Bed 1 Bath Small2BR,1BA$0.86
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$0.86
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Governors Parc Apartments1 Bedroom1BR,1BA$0.95
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$0.92

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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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 The Cypress Grove Residence listed at $765.

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

The lowest price for a Cheap One Bedroom Montgomery Apartment is $300 at Sunrise Extended Stay.

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 $350 at Sunrise Extended Stay.

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

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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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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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.