
Cheap Homes for Rent in Hillwood Neighborhood of Montgomery, AL from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Hillwood area of Montgomery.


1415 Madison Ave, Unit unit E

1216 Karen Rd
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.

3540 Farwood Dr

Furnished Studio-Montgomery

2241 St Charles Ave, Unit 2247
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.
Hillwood, Montgomery, AL Local Guide

How much does it cost to rent a home in Hillwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hillwood 3 Bedroom Homes for Rent | $1,537 | $1,350 | $1,725 |
| Hillwood 4 Bedroom Homes for Rent | $1,495 | $1,400 | $1,590 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Hillwood Neighborhood of Montgomery, AL.
Explore Montgomery
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. Alcove has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here are the most affordable Hillwood apartments for rent in Montgomery, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Cypress Grove Residence | Tempest | Studio,1BA | $525 |
| Alcove | Studio | Studio,1BA | $645 |
| Beaumont Reserve at Eastern | 1BR1BA | 1BR,1BA | $645 |
Best Value Apartments for Rent in Hillwood, AL
As of May 27, 2026 the best value apartment in the Hillwood 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 Hillwood apartment is the Ravenwood 2 Bedroom 1 Bath Medium Model at Ravenwood Apartments starting at $745 with a $0.72 price per square foot in the South Montgomery City neighborhood. Here is today’s list of the best values for Hillwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gatsby at Midtown | 2 x 2 R | 2BR,2BA | $0.95 |
| Ravenwood Apartments | Ravenwood 2 Bedroom 1 Bath Medium | 2BR,1BA | $0.72 |
| Park at Meadow Ridge | Seacrest Renovated | 1BR,1BA | $1.03 |
| Liberty Square | 1 Bed | 1BR,1BA | $1.00 |
| The Lofts on Fountain | 1 Bed/1 Bath | 1BR,1BA | $0.86 |
| Beaumont Reserve at Eastern | 1BR1BA | 1BR,1BA | $0.81 |
| Midtown Oaks | 1/1.00 | 1BR,1BA | $0.90 |
| Tuscany at Midtown | 1/1.00 | 1BR,1BA | $1.01 |
| The Eastern | 1 Bed / 1 Bath | 1BR,1BA | $1.02 |
| 1709 Miriam St, Unit 1709 | 1709 Miriam St | 2BR,1BA | $1.04 |
Frequently Asked Questions about Hillwood
What type of rentals are currently available in Hillwood?
There are currently 38 Apartments for Rent in Hillwood, AL with pricing that ranges from $525 to $5,695. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hillwood ranging from $1,350 to $1,725.
What is the current price range for Rental Homes in Hillwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hillwood ranges from $1,350 to $1,725 with an average monthly rent of $1,516.
How much are larger Three and Four Bedroom Rentals in Hillwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hillwood range from $885 to $4,088, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,725. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,295.
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

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.

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.

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.

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.