Cheap Homes for Rent in Montgomery, AL from $400 (86 Rentals)

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

property at 760 W April St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

2 Bedroom, 1 Bath Home for Rent

Available Jul 15

760 W April St

MontgomeryAL36105
property at 4192 Edgar D Nixon Ave

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675

3 Bedroom, 1 Bath Home for Rent

Available Jul 1, 5202

4192 Edgar D Nixon Ave

MontgomeryAL36105

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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property at 1 S Hopper St

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775
Total Monthly Price
$775

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1 S Hopper St

MontgomeryAL36107

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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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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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 1-50, Page 1 of 2

Montgomery, AL Local Guide

Cheapest Neighborhoods for Apartments in Montgomery, AL

Pricing Updated: 07/05/2026

Current apartment rentals in the Montgomery, AL area range in price from $525 to $6,965 with an overall median price of $3,837. The three Montgomery neighborhoods with the lowest median rent pricing are Faulkner University at $525, Maxwell Air Force Base at $1,250, and McGehee Allendale at $585. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Faulkner University$1,372$525119
Maxwell Air Force Base$1,793$1,25011
McGehee Allendale$2,067$585202
Southwest Montgomery$2,200$2,2001
West$2,200$1,25010
West Montgomery$2,200$1,25010
Maxwell Heights$2,515$66073
Lagoon Park$2,637$525145
North$2,637$8009
North Montgomery$2,637$8009

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, AL is a 1 Bed unit found at Camelot Apartments in the South Central Montgomery neighborhood priced from $460. The Cypress Grove Residence in the Halcyon Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Camelot ApartmentsApt C1BR,1BA$460
The Cypress Grove ResidenceTempestStudio,1BA$525
South Court ApartmentsApt 2192BR,1BA$575
Stonebridge Apartments1 Bed, 1 bath1BR,1BA$585
Fox Crossings1 Bed 1 Bath1BR,1BA$605
Birchwood Apartments1/1.001BR,1BA$645
Beaumont Reserve at Eastern1BR1BA1BR,1BA$645
AlcoveStudioStudio,1BA$645
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath S1BR,1BA$662
Brentwood Estates1x1Brentwood Estates1BR,1BA$665

Best Value Apartments for Rent in Montgomery, AL

As of July 05, 2026 the best value apartment in the Montgomery 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 Montgomery apartment is the 2 Bedroom Two Bathroom-60% Model at South Mall Apartments starting at $800 with a $0.69 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.
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
South Mall Apartments2 Bedroom Two Bathroom-60%2BR,2BA$0.69
Fox Crossings1 Bed 1 Bath1BR,1BA$0.71
Turtle Place1/1.001BR,1BA$0.88
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$0.86
South Court ApartmentsApt 2192BR,1BA$0.72
Beaumont Reserve at Eastern1BR1BA1BR,1BA$0.81
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Camelot ApartmentsApt C1BR,1BA$0.66
Stonebridge Apartments1 Bed, 1 bath1BR,1BA$0.85

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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Montgomery, AL
Population: 198,218

Ranked #120

in US Census Population by City

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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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Frequently Asked Questions about Montgomery

What type of rentals are currently available in Montgomery?

There are currently 279 Apartments for Rent in Montgomery, AL with pricing that ranges from $525 to $6,956. There are also 323 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 $1,638.

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 $795 to $4,867, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $2,750. Four Bedroom Single-Family rentals are also available starting from $995 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

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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.

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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.