Cheap Homes for Rent in the Downtown Montgomery Neighborhood of Montgomery, AL from $400 (55 Rentals)

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

property at 1 S Hopper St

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775
Total Monthly Price
$775

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1 S Hopper St

MontgomeryAL36107

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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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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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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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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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 Lofts at Cottage Hill (CS) priced from $725. Haltere at Barrington has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here are the most affordable Downtown Montgomery apartments for rent in Montgomery, AL:

Apartment ListingModel NameBed/BathPriced From
Lofts at Cottage Hill (CS)Lofts at Cottage Hill (CS) - 501A1BR,1BA$725
Haltere at Barrington2 bedrooms 1 bathroom2BR,1BA$900
33 Vonora AveBdrm31BR,1BA$925
The BancJesse JamesStudio,1BA$950
Zelda PointeThe Gatsby Classic2BR,2BA$999
Cloverdale QuarterC1BR,1BA$1,050
Chase Park2 bed 2 bath2BR,2BA$1,150
Gatsby at Midtown2 x 2 R2BR,2BA$1,200
79 Commerce1/11BR,1BA$1,275

Best Value Apartments for Rent in Downtown Montgomery, AL

As of July 11, 2026 the best value apartment in the Downtown Montgomery area is the $0.94 price per square foot 3 bedroom/ 2 bath Model at Retreat at Dublin Creek in the in the North Montgomery neighborhood starting from $1,395. The second greatest value Downtown Montgomery apartment is the 2 x 2 R Model at Gatsby at Midtown starting at $1,200 with a $0.95 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Retreat at Dublin Creek3 bedroom/ 2 bath3BR,2BA$0.94
Gatsby at Midtown2 x 2 R2BR,2BA$0.95
Chase Park2 bed 2 bath2BR,2BA$1.04
Cloverdale QuarterC1BR,1BA$1.00
Zelda PointeThe Gatsby Renovated2BR,2BA$1.10
Haltere at Barrington1 bedroom 1 bathroom1BR,1BA$1.20
79 CommerceUnit E1BR,1BA$1.75
The Camellia1 BR - 100 Dex1BR,1BA$1.92
3022 Windsor Ave, Unit Converted Garage Studio3022 Windsor Ave1BR,1BA$1.21
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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Downtown Montgomery, Montgomery, AL

Ranked #26

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 Downtown Montgomery

What type of rentals are currently available in Downtown Montgomery?

There are currently 127 Apartments for Rent in Downtown Montgomery, AL with pricing that ranges from $592 to $3,900. There are also 102 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Montgomery ranging from $495 to $2,600.

What is the current price range for Rental Homes in Downtown Montgomery?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Montgomery ranges from $495 to $2,600 with an average monthly rent of $1,345.

How much are larger Three and Four Bedroom Rentals in Downtown Montgomery?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Montgomery range from $795 to $2,316, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $2,400. 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.