Cheap Homes for Rent in Downtown Montgomery Neighborhood of Montgomery, AL from $600 (61 Rentals)

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

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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property at 116 N Lewis St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

1 Bedroom, 1 Bath Home for Rent

Available Now

116 N Lewis St

MontgomeryAL36107
property at 105 Arlington Rd

$925

2 Bedroom, 1 Bath Home for Rent

Available Now

105 Arlington Rd

MontgomeryAL36105

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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property at 672 N Pass Rd

$1,034

Total Monthly Price

Total Monthly Price

Base Rent
$1,034
Total Monthly Price
$1,034

3 Bedroom, 2 Bath Townhome for Rent

Available Jun 5

672 N Pass Rd

MontgomeryAL36110

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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Showing Results 1-50, Page 1 of 2

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 2 Beds unit found at Heritage View Apartments priced from $789. Zelda Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Downtown Montgomery apartments for rent in Montgomery, AL:

Apartment ListingModel NameBed/BathPriced From
Heritage View ApartmentsTwo Bedroom2BR,2BA$789
Zelda PointeThe Fitzgerald Classic1BR,1BA$799
Haltere at Barrington2 bedrooms 1 bathroom2BR,1BA$900
The BancJesse JamesStudio,1BA$950
Midtown Row Apartmentsmr2 - Studio (392 SF)Studio,1BA$1,083
Retreat at Dublin Creek1 bedroom/ 1 bath1BR,1BA$1,100
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 May 25, 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 2 bath Model at Chase Park starting at $1,150 with a $1.04 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.
Gatsby at Midtown2 x 2 R2BR,2BA$0.95
Chase Park2 bed 2 bath2BR,2BA$1.04
Heritage View ApartmentsTwo Bedroom2BR,2BA$0.77
Retreat at Dublin Creek1 bedroom/ 1 bath1BR,1BA$1.12
The Heights ApartmentsA3 - 1BR 1BA1BR,1BA$1.49
Kress on Dexter1 Bedroom1BR,1BA$1.72
Haltere at Barrington1 bedroom 1 bathroom1BR,1BA$1.20
79 CommerceUnit E1BR,1BA$1.75
Zelda PointeThe Fitzgerald Renovated1BR,1BA$1.42
1709 Miriam St, Unit 17091709 Miriam St2BR,1BA$1.04

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

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 #25

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 121 Apartments for Rent in Downtown Montgomery, AL with pricing that ranges from $500 to $4,273. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Montgomery ranging from $625 to $2,400.

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 $625 to $2,400 with an average monthly rent of $1,278.

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 $500 to $2,197, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.