Cheap Homes for Rent in Montgomery, AL from $400 (123 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 3

Montgomery, AL Local Guide

Cheapest Neighborhoods for Apartments in Montgomery, AL

Pricing Updated: 08/19/2026

Current apartment rentals in the Montgomery, AL area range in price from $525 to $6,377 with an overall median price of $1,085. The three Montgomery neighborhoods with the lowest median rent pricing are Ridgefield at $882, South Central Montgomery at $882, and South Montgomery City at $882. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ridgefield$882$585141
South Central Montgomery$882$585148
South Montgomery City$882$585162
North Central Montgomery$890$65016
Brentwood$899$585185
Hillwood$899$525195
McGehee Allendale$925$585210
Cloverdale$950$59231
Forest Park$950$592139
Dalraida$969$525106

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, AL is a 2 Beds unit found at South Court Apartments in the Maxwell Heights neighborhood priced from $465. Camelot Apartments in the South Central Montgomery neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
South Court ApartmentsApt 2212BR,1BA$465
Camelot ApartmentsApt D1BR,1BA$525
The Cypress Grove ResidenceTempestStudio,1BA$525
Stonebridge Apartments1 Bed, 1 bath1BR,1BA$585
AlcoveStudioStudio,1BA$645
Beaumont Reserve at Eastern1BR1BA1BR,1BA$645
Midtown Oaks1/1.001BR,1BA$675
The Eastern1 Bed / 1 Bath1BR,1BA$699
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$699
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$700

Best Value Apartments for Rent in Montgomery, AL

As of August 20, 2026 the best value apartment in the Montgomery area is the $0.69 price per square foot 2 Bedroom Two Bathroom-60% Model at South Mall Apartments in the in the South Montgomery City neighborhood starting from $800. The second greatest value Montgomery apartment is the Bonnie Crest Apartments - 740A Model at Bonnie Crest Apartments starting at $850 with a $0.77 price per square foot in the North Montgomery 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.
South Mall Apartments2 Bedroom Two Bathroom-60%2BR,2BA$0.69
Bonnie Crest ApartmentsBonnie Crest Apartments - 740A2BR,1BA$0.77
1115-1125 Magnolia Curv11152BR,1BA$0.90
Eastbrook Apartments 1 & 2 (PI)Eastbrook Apartments 1 & 2 (532-646) (PI) - 532C1BR,1BA$0.92
The Lofts on Fountain1 Bed/1 Bath1BR,1BA$0.86
Beaumont Reserve at Eastern1BR1BA1BR,1BA$0.81
South Court ApartmentsApt 2192BR,1BA$0.58
Midtown Oaks1/1.001BR,1BA$0.90
Camelot ApartmentsApt D1BR,1BA$0.75
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Montgomery, AL
Population: 198,218

Ranked #120

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

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

Decorative image of map

See the most popular apartments and homes in Montgomery, AL

View Map
Montgomery, AL Apartments Map
View Map
Montgomery, AL Rental Homes Map

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 $6,377. There are also 335 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 $1,440.

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 $850 to $6,377, while Three Bedroom Homes, Condos, and Townhomes for rent range from $595 to $3,000. 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.