Cheap Homes for Rent in Montgomery, AL from $400 (77 Rentals)

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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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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 116 N Lewis St

$875

1 Bedroom, 1 Bath Home for Rent

Available Now

116 N Lewis St

MontgomeryAL36107

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Montgomery, AL Local Guide

Cheapest Neighborhoods for Apartments in Montgomery, AL

Pricing Updated: 12/29/2025

Current apartment rentals in the Montgomery, AL area range in price from $495 to $4,000 with an overall median price of $2,079. The three Montgomery neighborhoods with the lowest median rent pricing are Cloverdale Idlewild at $842, Downtown Montgomery at $495, and Outer Central at $495. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cloverdale Idlewild$1,100$8426
Downtown Montgomery$1,450$495113
Outer Central$1,450$495113
Centennial Hill$1,547$49597
Cottage Hill$1,550$49544
Maxwell Air Force Base$1,600$49513
West$1,600$70017
West Montgomery$1,600$70017
Southwest Montgomery$1,650$70012
Chisolm$1,725$575102

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, AL is a Studio unit found at The Cypress Grove Residence in the Halcyon Park neighborhood priced from $525. Woodley Terrace Apartments in the South Montgomery City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Cypress Grove ResidenceTempestStudio,1BA$525
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$625
AlcoveStudioStudio,1BA$645
Courtyard CitiFlats Apartments1BD/1BA Studio1BR,1BA$660
Brentwood Estates1x1Brentwood Estates1BR,1BA$665
Azalea HillStudioStudio,1BA$669
The Eastern1 Bed / 1 Bath1BR,1BA$699
Cedar Creek ApartmentsStudio ApartmentStudio,1BA$715
Ravenwood ApartmentsRavenwood 2 Bed 1 Bath Small2BR,1BA$715
Sunrise Apartments1BR/1BA1BR,1BA$765

Best Value Apartments for Rent in Montgomery, AL

As of December 29, 2025 the best value apartment in the Montgomery area is the $0.55 price per square foot 2171 College St Model at 2171 College St, Unit 2171 in the in the South Montgomery City neighborhood starting from $1,075. The second greatest value Montgomery apartment is the 2 bedroom, 1.5 bath Model at Price Street Townhomes starting at $1,175 with a $0.84 price per square foot in the South Montgomery City neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2171 College St, Unit 21712171 College St3BR,2BA$0.55
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
The Gatsby at Midtown Apartment LivingThe Carraway 2x22BR,2BA$0.99
Chase ParkChase III3BR,2BA$0.89
Park at Meadow RidgeSanta Rosa Renovated2BR,2BA$0.89
Stratford VillageOxford3BR,2BA$0.94
The Lofts on Fountain2 Bed/2 Bath2BR,2BA$0.81
Ravenwood ApartmentsRavenwood 2 Bed 1 Bath Small2BR,1BA$0.77
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$0.92

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Best Local Schools in
Montgomery, AL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, AL Rentals by Map

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See the most popular apartments and homes in Montgomery, AL

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Montgomery, AL Apartments Map
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Montgomery, AL Rental Homes Map

Frequently Asked Questions about Montgomery

What type of rentals are currently available in Montgomery?

There are currently 250 Apartments for Rent in Montgomery, AL with pricing that ranges from $525 to $6,270. There are also 396 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $495 to $4,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Montgomery ranges from $495 to $4,000 with an average monthly rent of $1,554.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Montgomery range from $750 to $6,270, while Three Bedroom Homes, Condos, and Townhomes for rent range from $735 to $2,800. Four Bedroom Single-Family rentals are also available starting from $895 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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!