Cheap Homes for Rent in the Centennial Hill Neighborhood of Montgomery, AL from $400 (47 Rentals)

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Search the lowest-cost Homes available for rent right now in the Centennial Hill area of Montgomery.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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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 1324 Federal Dr

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

1324 Federal Dr

MontgomeryAL36107
Showing Results 1-47, Page 1 of 1

Centennial Hill, Montgomery, AL Local Guide

Cheapest Available Centennial Hill Apartments for Rent

 

The cheapest available apartment rental in the Centennial Hill area of Montgomery, AL is a 1 Bed unit found at Courtyard CitiFlats Apartments priced from $700. Lofts at Cottage Hill (CS) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Centennial Hill apartments for rent in Montgomery, AL:

Apartment ListingModel NameBed/BathPriced From
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$700
Lofts at Cottage Hill (CS)Lofts at Cottage Hill (CS) - 501A1BR,1BA$725
1115-1125 Magnolia Curv11152BR,1BA$840
Cloverdale Estates1x11BR,1BA$845
3206 Wellington Rd2BR/1.0BA2BR,1BA$885
33 Vonora AveBdrm31BR,1BA$925
The BancJesse JamesStudio,1BA$950

Best Value Apartments for Rent in Centennial Hill, AL

As of August 18, 2026 the best value apartment in the Centennial Hill area is the $1.47 price per square foot 2/2 Model at 79 Commerce in the in the Maxwell Heights neighborhood starting from $1,700. The second greatest value Centennial Hill apartment is the 48m - 2BR 2BA (1069 SF) Model at Midtown Row Apartments starting at $1,657 with a $1.55 price per square foot in the Maxwell Heights neighborhood. Here is today’s list of the best values for Centennial Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
79 Commerce2/22BR,2BA$1.47
Midtown Row Apartments48m - 2BR 2BA (1069 SF)2BR,2BA$1.55
402 Federal Dr, Unit 402 B402 Federal Dr2BR,1BA$0.95
1115-1125 Magnolia Curv11152BR,1BA$0.90
3419 Gilmer Ct, Unit 23419 Gilmer Ct2BR,1BA$1.00
331 Cloverdale Rd, Unit D331 Cloverdale Rd2BR,1BA$1.25
327 Cloverdale Rd, Unit C327 Cloverdale Rd2BR,1BA$1.25
Cloverdale Estates1x1 W/D Hookup1BR,1BA$1.19
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$1.04
Lofts at Cottage Hill (CS)Lofts at Cottage Hill (CS) - 501A1BR,1BA$1.11

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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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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Best Local Schools in
Centennial Hill, Montgomery, AL

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Frequently Asked Questions about Centennial Hill

What type of rentals are currently available in Centennial Hill?

There are currently 119 Apartments for Rent in Centennial Hill, AL with pricing that ranges from $592 to $4,219. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Centennial Hill ranging from $495 to $2,695.

What is the current price range for Rental Homes in Centennial Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Centennial Hill ranges from $495 to $2,695 with an average monthly rent of $1,208.

How much are larger Three and Four Bedroom Rentals in Centennial Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Centennial Hill range from $1,030 to $2,241, while Three Bedroom Homes, Condos, and Townhomes for rent range from $595 to $2,695. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,000.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.