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: 10/21/2025

Current apartment rentals in the Montgomery, AL area range in price from $550 to $4,000 with an overall median price of $2,322. The three Montgomery neighborhoods with the lowest median rent pricing are West at $700, West Montgomery at $700, and Faulkner University at $1,225. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West$1,350$70017
West Montgomery$1,350$70017
Faulkner University$1,475$1,2257
Maxwell Air Force Base$1,525$70012
Cloverdale Idlewild$1,550$1,0003
Southwest Montgomery$1,550$70011
Chisolm$1,617$550109
Dalraida$1,735$550171
Downtown Montgomery$1,735$550122
North Central Montgomery$1,735$75054

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 $629. 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 Medium1BR,1BA$629
Azalea HillStudioStudio,1BA$639
Brentwood Estates1x1Brentwood Estates1BR,1BA$665
Heritage View ApartmentsTwo Bedroom2BR,2BA$672
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 October 21, 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 The Carraway 2x2 Model at The Gatsby at Midtown Apartment Living starting at $1,250 with a $0.99 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 ListingModel NameBed/BathPrice Per Sq.Ft.
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
The Lofts on Fountain2 Bed/2 Bath2BR,2BA$0.81
Heritage View ApartmentsTwo Bedroom2BR,2BA$0.65
Beaumont Reserve at Eastern1BR1BA1BR,1BA$1.00
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Governors Parc Apartments1 Bedroom1BR,1BA$0.95
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath Large1BR,1BA$0.91
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,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.

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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

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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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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 Azalea Hill listed at $639.

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

The lowest price for a Cheap One Bedroom Montgomery Apartment is $625 at Woodley Terrace Apartments.

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 $640 at Woodley Terrace Apartments.

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.