Cheap Apartments for Rent in the Downtown Montgomery Neighborhood of Montgomery, AL from $500 (41 Rentals)

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

property at 139 Mt Vernon Dr

$750 - $1,000

3 To 4 Bedroom Rentals

Available Now

139 Mt Vernon Dr

MontgomeryAL36105

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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Zelda Pointe
$849 - $1,099
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,099
Total Monthly Price
$849 - $1,099
1 to 2 Bedroom Apartments Available Now

Zelda Pointe

2845 Zelda RdMontgomery, AL 36106
Affordability
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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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395 Felder Ave
Studio to 1 Bedroom Apartments

395 Felder Ave

395 Felder AveMontgomery, AL 36104
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Brookview Apartments
1 to 3 Bedroom Apartments

Brookview Apartments

2201 Upper Wetumpka RdMontgomery, AL 36107
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2018 W Fairview Ave
1 to 2 Bedroom Apartments

2018 W Fairview Ave

2018 W Fairview AveMontgomery, AL 36108
Senior Living
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The Cottages Apartments
Studio to 1 Bedroom Apartments

The Cottages Apartments

550 Clay StMontgomery, AL 36104
  • Utilities Included

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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Rosa Parks Place
1 Bedroom Apartments

Rosa Parks Place

3050 Rosa L Parks PlMontgomery, AL 36105
Senior Living
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Freedom Village
2 Bedroom Apartments

Freedom Village

1778 Edgar D Nixon AvenueMontgomery, AL 36104
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Vista Terrace
2 to 3 Bedroom Apartments

Vista Terrace

650 Vista Terrace DrMontgomery, AL 36110
  • Utilities Included

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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District 36
1 to 2 Bedroom Apartments

District 36

36 Dexter AveMontgomery, AL 36104
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Country Club Place
1 to 2 Bedroom Apartments

Country Club Place

1631 E Fairview AveMontgomery, AL 36106
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Adams Avenue Lofts
1 Bedroom Apartments

Adams Avenue Lofts

500 Adams AveMontgomery, AL 36104
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Perry Street Flats
1 Bedroom Apartments

Perry Street Flats

547 S Perry StMontgomery, AL 36104
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2424 Agnew St
Studio to 2 Bedroom Apartments

2424 Agnew St

2424 Agnew StMontgomery, AL 36106

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.

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2439 College St
2 Bedroom Apartments

2439 College St

2439 College StMontgomery, AL 36106
Showing Results 1-41, Page 1 of 1

Downtown Montgomery, Montgomery, AL Local Guide

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 Courtyard CitiFlats Apartments priced from $700. Zelda Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Downtown Montgomery apartments for rent in Montgomery, AL:

Apartment ListingModel NameBed/BathPriced From
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$700
Zelda PointeThe Fitzgerald Classic1BR,1BA$849
Chase Park1 Bed 1 bath1BR,1BA$850
Haltere at Barrington2 bedrooms 1 bathroom2BR,1BA$900
The BancJesse JamesStudio,1BA$950
Retreat at Dublin Creek1 bedroom/ 1 bath1BR,1BA$1,100
The Gatsby at Midtown Apartment LivingThe Carraway 2x22BR,2BA$1,200
79 CommerceUnit B1BR,1BA$1,280
Kress on Dexter1 Bedroom1BR,1BA$1,300
Mid-town Rowrow - 1BR 1BA (797 SF)1BR,1BA$1,330

Best Value Apartments for Rent in Downtown Montgomery, AL

As of March 10, 2026 the best value apartment in the Downtown Montgomery area is the $0.95 price per square foot The Carraway 2x2 Model at The Gatsby at Midtown Apartment Living in the in the South Central Montgomery neighborhood starting from $1,200. The second greatest value Downtown Montgomery apartment is the 1 bedroom/ 1 bath Model at Retreat at Dublin Creek starting at $1,100 with a $1.12 price per square foot in the North Montgomery neighborhood. Here is today’s list of the best values for Downtown Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Gatsby at Midtown Apartment LivingThe Carraway 2x22BR,2BA$0.95
Retreat at Dublin Creek1 bedroom/ 1 bath1BR,1BA$1.12
Chase Park1 Bed 1 bath1BR,1BA$1.00
The Heights ApartmentsA2 - 1BR 1BA1BR,1BA$1.71
Kress on Dexter1 Bedroom1BR,1BA$1.59
Mid-town Rowrow - 1BR 1BA (797 SF)1BR,1BA$1.67
Haltere at Barrington1 bedroom 1 bathroom1BR,1BA$1.20
79 CommerceUnit E1BR,1BA$1.75
Zelda PointeThe Fitzgerald Classic1BR,1BA$1.27
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$1.12

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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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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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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Pet Friendly Lifestyle
Downtown Montgomery, Montgomery, AL

Ranked #19

Among cities in Alabama for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $900 at Haltere at Barrington.

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

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.