
Cheap Apartments for Rent in the Downtown Montgomery Neighborhood of Montgomery, AL from $500 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Montgomery area of Montgomery.


Courtyard CitiFlats Apartments

3054 McQueen St

S. S Capitol Pkwy

139 Mt Vernon Dr

517 N Florida St

2276 Lower Wetumpka Rd

2672 E 3rd St

2006 Harmon St
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.

1728 Westhaven Ln

Chase Park

2300-2302 Plum St

Zelda Pointe

7 Calhoun Rd

2218 Palmetto St

2241 St Charles Ave

1419 S Perry St

2008 Harmon St
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.

The Banc

2006 Harmon St

The 40 Four Building

Mid-town Row

Retreat at Dublin Creek

395 Felder Ave

Brookview Apartments

2018 W Fairview Ave

Highland Village Apartments
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.

The Cottages Apartments

Rosa Parks Place

Columbus Square Apartments

The Lofts at Cottage Hill

Montgomery Fair Lofts

Heritage View Apartments

Freedom Village

Morningview Apartments

Vista Terrace
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.

Country Club Place

Adams Avenue Lofts

Haltere at Barrington

The Gun Store Lofts

Perry Street Flats

The Castle in Cloverdale

District 36

2424 Agnew St

2439 College St
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.
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 | $1,006 | $950 | $1,063 |
| Downtown Montgomery 1 Bedroom Apartments | $1,260 | $592 | $2,200 |
| Downtown Montgomery 2 Bedroom Apartments | $1,410 | $710 | $2,328 |
| Downtown Montgomery 3 Bedroom Apartments | $1,351 | $750 | $2,422 |
| Downtown Montgomery 4 Bedroom Apartments | $3,129 | $2,799 | $3,850 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Downtown Montgomery Neighborhood of Montgomery, AL.
See all Apartments in MontgomeryExplore Montgomery
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 $660. Adams Avenue Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $884. Here are the most affordable Downtown Montgomery apartments for rent in Montgomery, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courtyard CitiFlats Apartments | 1BD/1BA Studio | 1BR,1BA | $660 |
| Adams Avenue Lofts | C | 1BR,1BA | $884 |
| Zelda Pointe | The Fitzgerald Classic | 1BR,1BA | $895 |
| Haltere at Barrington | 2 bedrooms 1 bathroom | 2BR,1BA | $900 |
| The Banc | Jesse James | Studio,1BA | $950 |
| Chase Park | 2 bed 2 bath | 2BR,2BA | $975 |
| District 36 | Unit 3 | 1BR,1BA | $1,041 |
| Retreat at Dublin Creek | 1 bedroom/ 1 bath | 1BR,1BA | $1,100 |
| The Gatsby at Midtown Apartment Living | The Carraway 2x2 | 2BR,2BA | $1,225 |
| 79 Commerce | Unit E | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Downtown Montgomery, AL
As of January 23, 2026 the best value apartment in the Downtown Montgomery area is the $0.97 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 $1,225. The second greatest value Downtown Montgomery apartment is the 3 bed 2 bath Model at Chase Park starting at $1,075 with a $0.89 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Gatsby at Midtown Apartment Living | The Carraway 2x2 | 2BR,2BA | $0.97 |
| Chase Park | 3 bed 2 bath | 3BR,2BA | $0.89 |
| Retreat at Dublin Creek | 1 bedroom/ 1 bath | 1BR,1BA | $1.12 |
| The Heights Apartments | A2 - 1BR 1BA | 1BR,1BA | $1.67 |
| Kress on Dexter | 1 Bedroom | 1BR,1BA | $1.59 |
| District 36 | Unit 3 | 1BR,1BA | $1.33 |
| Haltere at Barrington | 1 bedroom 1 bathroom | 1BR,1BA | $1.20 |
| 79 Commerce | Unit E | 1BR,1BA | $1.75 |
| Zelda Pointe | The Fitzgerald Renovated | 1BR,1BA | $1.48 |
| Adams Avenue Lofts | C | 1BR,1BA | $1.51 |
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 $660 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

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.

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.

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.

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.