Cheap Apartments for Rent in the Hillwood Neighborhood of Montgomery, AL from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hillwood 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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The Eastern
$699 - $1,099
Total Monthly Price

Total Monthly Price

Base Rent
$699 - $1,099
Total Monthly Price
$699 - $1,099
1 to 3 Bedroom Apartments Available Now

The Eastern

4220 Strathmore DrMontgomery, AL 36116
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  • Customer Reviewed
  • 3D Tour
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Cedar Creek Apartments
Rent Specials
$750 - $985
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $985
Total Monthly Price
$750 - $985
Studio to 2 Bedroom Apartments Available Now

Cedar Creek Apartments

4233 Cedar Creek DrMontgomery, AL 36106
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Vaughn Lakes
$765 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $1,700
Total Monthly Price
$765 - $1,700
Studio to 3 Bedroom Apartments Available Now

Vaughn Lakes

2600 Vaughn Lakes BlvdMontgomery, AL 36117
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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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Bristol Downs
$806 - $1,483
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Total Monthly Price

Base Rent
$806 - $1,483
Total Monthly Price
$806 - $1,483
1 to 4 Bedroom Apartments Available Now

Bristol Downs

4132 Carmichael RdMontgomery, AL 36106
Active Lifestyle
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  • Low Income
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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
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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
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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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Zelda Pointe
$899 - $1,119
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Total Monthly Price

Base Rent
$899 - $1,119
Total Monthly Price
$899 - $1,119
1 to 2 Bedroom Apartments Available Jul 21

Zelda Pointe

2845 Zelda RdMontgomery, AL 36106
Family Friendly
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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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Siegel Select Montgomery
Rent Specials
$1,361 - $1,841
Total Monthly Price

Total Monthly Price

Base Rent
$1,361 - $1,841
Total Monthly Price
$1,361 - $1,841
Studio to 2 Bedroom Apartments Available Now

Siegel Select Montgomery

1255 Townplace DrMontgomery, AL 36106
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  • Utilities Included

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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Showing Results 1-46, Page 1 of 1

Cheapest Available Hillwood Apartments for Rent

 

The cheapest available apartment rental in the Hillwood area of Montgomery, AL is a Studio unit found at The Cypress Grove Residence priced from $525. Stonebridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $585. Here are the most affordable Hillwood apartments for rent in Montgomery, AL:

Apartment ListingModel NameBed/BathPriced From
The Cypress Grove ResidenceTempestStudio,1BA$525
Stonebridge Apartments1 Bed, 1 bath1BR,1BA$585
Fox Crossings1 Bed 1 Bath1BR,1BA$605
AlcoveStudioStudio,1BA$645
Beaumont Reserve at Eastern1BR1BA1BR,1BA$645
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath S1BR,1BA$668
Midtown Oaks1/1.001BR,1BA$675
The Eastern1 Bed / 1 Bath1BR,1BA$699
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$699
Governors Parc Apartments1 Bedroom1BR,1BA$735

Best Value Apartments for Rent in Hillwood, AL

As of July 06, 2026 the best value apartment in the Hillwood area is the $0.84 price per square foot 2 bedroom, 1.5 bath Model at Price Street Townhomes in the in the South Montgomery City neighborhood starting from $1,175. The second greatest value Hillwood 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 Hillwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
Gatsby at Midtown2 x 2 R2BR,2BA$0.95
South Mall Apartments2 Bedroom Two Bathroom-60%2BR,2BA$0.69
3737 Wesley Dr3737 Wesley Dr3BR,2BA$0.95
Fox Crossings1 Bed 1 Bath1BR,1BA$0.71
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$0.86
Beaumont Reserve at Eastern1BR1BA1BR,1BA$0.81
Midtown Oaks1/1.001BR,1BA$0.90
Stonebridge Apartments1 Bed, 1 bath1BR,1BA$0.85
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath S1BR,1BA$0.97

Frequently Asked Questions about Cheap Hillwood Apartments

What is a cheap apartment in Hillwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hillwood is under $735.

What is the price of a cheap apartment in Hillwood?

The cheapest apartment in Hillwood is Stonebridge Apartments which is listed at $585, while the average apartment in Hillwood costs $5,924.

What types of apartments are the cheapest in Hillwood?

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 14 regular apartments in Hillwood 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 Hillwood?

Cheap apartments in Hillwood have an average cost of $808 which is $5,116 cheaper than the average rent for all rentals in Hillwood.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.