
Cheap Apartments for Rent in the Downtown Montgomery Neighborhood of Montgomery, AL from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Montgomery area of Montgomery.


Courtyard CitiFlats Apartments

827 S Perry St

S. S Capitol Pkwy

139 Mt Vernon Dr

2276 Lower Wetumpka Rd

338 Olivia Ct

Chase Park

7 Calhoun Rd
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.

1874 Ridge Ave

Zelda Pointe

1405 S Perry St

1435 E Fairview Ave

The Castle in Cloverdale

Retreat at Dublin Creek

Mid-town Row
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Downtown Montgomery, Montgomery, AL Local Guide

How much does it cost to rent an apartment in Downtown Montgomery?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Montgomery Studio Apartments | $1,176 | $950 | $1,400 |
Downtown Montgomery 1 Bedroom Apartments | $1,188 | $592 | $2,000 |
Downtown Montgomery 2 Bedroom Apartments | $1,410 | $710 | $2,328 |
Downtown Montgomery 3 Bedroom Apartments | $1,427 | $750 | $2,422 |
Downtown Montgomery 4 Bedroom Apartments | $3,349 | $2,593 | $4,027 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Downtown Montgomery Neighborhood of Montgomery, AL.
See all Apartments in MontgomeryExplore Montgomery
Downtown Montgomery, Montgomery, AL Local Guide
- Nearby Montgomery neighborhoods
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Cheapest Available Downtown Montgomery Apartments for Rent
 The cheapest available apartment rental in the Downtown Montgomery area of Montgomery, AL is a 2 Beds unit found at Heritage View Apartments priced from $672. Courtyard CitiFlats Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Downtown Montgomery apartments for rent in Montgomery, AL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage View Apartments | Two Bedroom | 2BR,2BA | $672 |
Courtyard CitiFlats Apartments | 1BD/1BA | 1BR,1BA | $700 |
Chase Park | Chase I | 1BR,1BA | $850 |
Haltere at Barrington | 2 bedrooms 1 bathroom | 2BR,1BA | $900 |
Zelda Pointe | The Fitzgerald Classic | 1BR,1BA | $914 |
The Banc | Jesse James | Studio,1BA | $950 |
The Castle in Cloverdale | 1 Bed/1 Bath | 1BR,2BA | $999 |
Retreat at Dublin Creek | 1 bedroom/ 1 bath | 1BR,1BA | $1,075 |
The Gatsby at Midtown Apartment Living | The Carraway 2x2 | 2BR,2BA | $1,250 |
Best Value Apartments for Rent in Downtown Montgomery, AL
As of October 22, 2025 the best value apartment in the Downtown Montgomery area is the $1.06 price per square foot House Model at 505 Felder Ave in the in the Maxwell Heights neighborhood starting from $1,900. The second greatest value Downtown 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 Downtown Montgomery apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
505 Felder Ave | House | 3BR,2.5BA | $1.06 |
The Gatsby at Midtown Apartment Living | The Carraway 2x2 | 2BR,2BA | $0.99 |
416 Grove St, Unit 416 | 416 Grove St | 2BR,1BA | $1.00 |
79 Commerce | Unit H | 2BR,2BA | $1.44 |
Heritage View Apartments | Two Bedroom | 2BR,2BA | $0.65 |
Retreat at Dublin Creek | 1 bedroom/ 1 bath | 1BR,1BA | $1.09 |
The Castle in Cloverdale | 1 Bed/1 Bath | 1BR,2BA | $1.05 |
Chase Park | Chase I | 1BR,1BA | $1.00 |
Haltere at Barrington | 1 bedroom 1 bathroom | 1BR,1BA | $1.20 |
Courtyard CitiFlats Apartments | 1BD/1BA | 1BR,1BA | $1.12 |
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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Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Montgomery, Montgomery, AL
Ranked #14
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Montgomery Apartments
How much is rent for a Cheap One Bedroom Downtown Montgomery Apartment?
The lowest price for a Cheap One Bedroom Downtown Montgomery Apartment is $700 at Courtyard CitiFlats Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Montgomery Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Montgomery is starting from $672 at Heritage View Apartments.
What is the most affordable Downtown Montgomery Three Bedroom Apartment?
The best deal on a cheap Downtown Montgomery Three Bedroom Apartment rental is at Chase Park and starts from $1,075.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.