327 S Capitol Pkwy
MontgomeryAL36107
Cheap Apartments for Rent in the Downtown Montgomery Neighborhood of Montgomery, AL from $515 (121 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Montgomery area of Montgomery.
340 Buford St
MontgomeryAL36107
2302 Plum St
MontgomeryAL36107
2300-2302 Plum St
MontgomeryAL36107
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$660 - $875
Total Monthly Price
Base Rent$660 - $875
Total Monthly Price$660 - $875
Courtyard CitiFlats Apartments
555 S Mcdonough StMontgomery, AL 36104
2030 Madison Ave
MontgomeryAL36107
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$685 - $8801 to 2 Bedroom Apartments Contact Us For Availability
Country Club Estates - Senior Living Center
2075 N Country Club DrMontgomery, AL 36106
2121 Winona Ave
MontgomeryAL36107
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$700 - $1,100
Total Monthly Price
Base Rent$700 - $1,100
Total Monthly Price$700 - $1,100
1576 Ann St
1576 Ann StMontgomery, AL 36107
458 Burton Ave
MontgomeryAL36104
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.
201 Arlington Rd
MontgomeryAL36105
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$750 - $9501 to 2 Bedroom Apartments Available Now
EP on Lower Wetumpka
2553 Lower Wetumpka RdMontgomery, AL 36110
3017 McQueen St
MontgomeryAL36107
424 N California St
MontgomeryAL36107
1716 Winona Ave
MontgomeryAL36107
2107 Felder Terrace
MontgomeryAL36106
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$840 - $1,0002 Bedroom Apartments Available Now
1115-1125 Magnolia Curv
1115-1125 Magnolia CurvMontgomery, AL 36106
10 Brantwood Dr
MontgomeryAL36109
2226 Carter Hill Rd
MontgomeryAL36106
7 Calhoun Rd
MontgomeryAL36109
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.
7 Calhoun Rd
MontgomeryAL36109
222 Empire Rd
MontgomeryAL36110
119 N Pennsylvania St, Unit 119 N Penn B
119 N Pennsylvania St
MontgomeryAL36107
1813 S Hull St
MontgomeryAL36104
15 Oak Forest Dr
MontgomeryAL36109
1130 S Lawrence St
MontgomeryAL36104
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Rent Specials
$899 - $1,2501 to 3 Bedroom Apartments Contact Us For Availability
Chase Park
2421 Chase Park DrMontgomery, AL 36110
1493 Watson St
MontgomeryAL36106
1944 Ridge Ave
MontgomeryAL36106
2140 Winona Ave
MontgomeryAL36107
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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$924 - $1,124
Total Monthly Price
Base Rent$924 - $1,124
Total Monthly Price$924 - $1,124
Zelda Pointe
2845 Zelda RdMontgomery, AL 36106
1314 S Hull St
MontgomeryAL36104
721 Central St
MontgomeryAL36108
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$950
Total Monthly Price
Base Rent$950
Total Monthly Price$950
402 Federal Dr, Unit 402 B
402 Federal DrMontgomery, AL 36107
932 E Fairview Ave
MontgomeryAL36106
1301 S Perry St
MontgomeryAL36104
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$950 - $1,550Studio to 2 Bedroom Apartments Available Now
The Banc
671 S Perry StMontgomery, AL 36104
1301 S Perry St
MontgomeryAL36104
840 Terrace Ave
MontgomeryAL36106
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$9952 Bedroom Apartments Available Now
1415 Madison Ave, Unit G
1415 Madison AveMontgomery, AL 36107
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.
906 E Fairview Ave
MontgomeryAL36106
1415 Madison Ave
MontgomeryAL36107
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$1,000
Total Monthly Price
Base Rent$1,000
Total Monthly Price$1,000
331 Cloverdale Rd, Unit D
331 Cloverdale RdMontgomery, AL 36104
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$1,000
Total Monthly Price
Base Rent$1,000
Total Monthly Price$1,000
327 Cloverdale Rd, Unit C
327 Cloverdale RdMontgomery, AL 36104
139 Mt Vernon Dr
MontgomeryAL36105
139 Mt Vernon Dr
MontgomeryAL36105
672 N Pass Rd
MontgomeryAL36110
1014 Rosedale Dr
MontgomeryAL36107
929 Parkwood Dr
MontgomeryAL36109
208 Bradley Dr
MontgomeryAL36109
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.
Showing Results 1-50, Page 1 of 3
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 | $953 | $660 | $1,250 |
| Downtown Montgomery 1 Bedroom Apartments | $1,225 | $585 | $2,248 |
| Downtown Montgomery 2 Bedroom Apartments | $1,284 | $710 | $2,300 |
| Downtown Montgomery 3 Bedroom Apartments | $1,448 | $1,250 | $2,316 |
| Downtown Montgomery 4 Bedroom Apartments | $2,915 | $1,000 | $4,092 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 121 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 1 Bed unit found at Lofts at Cottage Hill (CS) priced from $725. EP on Lower Wetumpka has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Downtown Montgomery apartments for rent in Montgomery, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lofts at Cottage Hill (CS) | Lofts at Cottage Hill (CS) - 501A | 1BR,1BA | $725 |
| EP on Lower Wetumpka | 1 bedroom 1 bathroom | 1BR,1BA | $750 |
| 1115-1125 Magnolia Curv | 1115 | 2BR,1BA | $840 |
| 33 Vonora Ave | Bdrm2 | 1BR,1BA | $850 |
| The Banc | Jesse James | Studio,1BA | $950 |
| Zelda Pointe | The Fitzgerald Renovated | 1BR,1BA | $974 |
Best Value Apartments for Rent in Downtown Montgomery, AL
As of September 08, 2026 the best value apartment in the Downtown Montgomery area is the $0.95 price per square foot 2 x 2 R Model at Gatsby at Midtown in the in the South Central Montgomery neighborhood starting from $1,200. The second greatest value Downtown Montgomery apartment is the 2 Bed 1 Bathroom Model at College Street Quad starting at $1,100 with a $1.00 price per square foot in the Cloverdale 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. |
|---|---|---|---|
| Gatsby at Midtown | 2 x 2 R | 2BR,2BA | $0.95 |
| College Street Quad | 2 Bed 1 Bathroom | 2BR,1BA | $1.00 |
| 402 Federal Dr, Unit 402 B | 402 Federal Dr | 2BR,1BA | $0.95 |
| 1115-1125 Magnolia Curv | 1115 | 2BR,1BA | $0.90 |
| 331 Cloverdale Rd, Unit D | 331 Cloverdale Rd | 2BR,1BA | $1.25 |
| 327 Cloverdale Rd, Unit C | 327 Cloverdale Rd | 2BR,1BA | $1.25 |
| EP on Lower Wetumpka | 1 bedroom 1 bathroom | 1BR,1BA | $1.07 |
| Zelda Pointe | The Fitzgerald Renovated | 1BR,1BA | $1.46 |
| Lofts at Cottage Hill (CS) | Lofts at Cottage Hill (CS) - 501A | 1BR,1BA | $1.11 |
| 1576 Ann St | 1576 Ann St | 1BR,1BA | $1.08 |
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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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Pet Friendly LifestyleDowntown Montgomery, Montgomery, AL
Ranked #29
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
What is the price of a cheap apartment in Downtown Montgomery?
The cheapest apartment in Downtown Montgomery is Lofts at Cottage Hill (CS) which is listed at $725, while the average apartment in Downtown Montgomery costs $1,250.
What types of apartments are the cheapest in Downtown 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 8 regular apartments in Downtown Montgomery that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.
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.