Cheap Apartments for Rent in the Forest Park Neighborhood of Montgomery, AL from $500 (110 Rentals)

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

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.

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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Magnolia Apartments
Rent Specials
$825 - $965
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $965

Total Monthly Price
$825 - $965
1 to 2 Bedroom Apartments Available Now

Magnolia Apartments

4000 Governors DrMontgomery, AL 36111
Affordability
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  • Utilities Included
  • 3D Tour
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Cloverdale Estates
$845 - $1,325
Total Monthly Price

Total Monthly Price

Base Rent
$845 - $1,325

Total Monthly Price
$845 - $1,325
1 to 3 Bedroom Apartments Available Now

Cloverdale Estates

3453 Audubon RdMontgomery, AL 36111
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 7 Calhoun Rd

$850

2 Bedroom Rentals

Available Now

7 Calhoun Rd

MontgomeryAL36109
property at 1813 S Hull St

$890 - $940

1 Bedroom Rentals

Available Now

1813 S Hull St

MontgomeryAL36104

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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Zelda Pointe
$899 - $1,119
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $1,119

Total Monthly Price
$899 - $1,119
1 to 2 Bedroom Apartments Available Oct 7

Zelda Pointe

2845 Zelda RdMontgomery, AL 36106
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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331 Cloverdale Rd, Unit D
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000
2 Bedroom Apartment Available Now

331 Cloverdale Rd, Unit D

331 Cloverdale RdMontgomery, AL 36104
Furnished
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327 Cloverdale Rd, Unit C
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000
2 Bedroom Apartment Available Now

327 Cloverdale Rd, Unit C

327 Cloverdale RdMontgomery, AL 36104
Furnished
  • Smoke Free

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.

Forest Park, Montgomery, AL Local Guide

Cheapest Available Forest Park Apartments for Rent

 

The cheapest available apartment rental in the Forest Park area of Montgomery, AL is a 1 Bed unit found at Camelot Apartments priced from $535. Midtown Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Forest Park apartments for rent in Montgomery, AL:

Apartment ListingModel NameBed/BathPriced From
Camelot ApartmentsApt D1BR,1BA$535
Midtown Oaks1/1.001BR,1BA$675
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$700
Governors Parc Apartments1 Bed/1 Bath1BR,1BA$735
Sunrise Apartments1BR1BR,1BA$765
Anthos at Belmont3580 McGehee Place Drive S1BR,1BA$780
Magnolia Apartments1BRMKT-1BR-Closed Kitchen1BR,1BA$825
1115-1125 Magnolia Curv11152BR,1BA$840

Best Value Apartments for Rent in Forest Park, AL

As of August 18, 2026 the best value apartment in the Forest Park 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 Forest Park apartment is the 3737 Wesley Dr Model at 3737 Wesley Dr starting at $1,000 with a $0.95 price per square foot in the Maxwell Heights neighborhood. Here is today’s list of the best values for Forest Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gatsby at Midtown2 x 2 R2BR,2BA$0.95
3737 Wesley Dr3737 Wesley Dr3BR,2BA$0.95
The Rosa Apartments3BR/1.0BA3BR,1BA$0.99
402 Federal Dr, Unit 402 B402 Federal Dr2BR,1BA$0.95
3735 Wesley Dr3735 Wesley Dr3BR,1BA$1.00
3709 Wesley Dr3709 Wesley Dr3BR,1BA$1.00
1115-1125 Magnolia Curv11152BR,1BA$0.90
3419 Gilmer Ct, Unit 23419 Gilmer Ct2BR,1BA$1.00
Midtown Oaks1/1.001BR,1BA$0.90
Camelot ApartmentsApt D1BR,1BA$0.76

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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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
Forest Park, Montgomery, AL

Ranked #9

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Alabama, including Montgomery. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Forest Park Apartments

What is the price of a cheap apartment in Forest Park?

The cheapest apartment in Forest Park is Camelot Apartments which is listed at $535, while the average apartment in Forest Park costs $965.

What types of apartments are the cheapest in Forest Park?

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 9 regular apartments in Forest Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Forest Park?

Cheap apartments in Forest Park have an average cost of $146 which is $819 cheaper than the average rent for all rentals in Forest Park.

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

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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.

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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.

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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.

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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.