Cheap Homes for Rent in Montgomery, AL from $400 (79 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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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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property at 116 N Lewis St

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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Montgomery, AL Local Guide

Cheapest Neighborhoods for Apartments in Montgomery, AL

Pricing Updated: 11/01/2025

Current apartment rentals in the Montgomery, AL area range in price from $495 to $4,000 with an overall median price of $2,324. The three Montgomery neighborhoods with the lowest median rent pricing are Cloverdale Idlewild at $1,000, Maxwell Air Force Base at $495, and Faulkner University at $1,150. 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$1,197$1,0001
Maxwell Air Force Base$1,425$4959
Faulkner University$1,437$1,1504
Southwest Montgomery$1,550$70011
North$1,575$69545
North Montgomery$1,575$69545
Chisolm$1,615$57567
Maxwell Heights$1,697$49536
Centennial Hill$1,735$49561
Downtown Montgomery$1,735$49577

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, AL is a 1 Bed unit found at Ravenwood Apartments in the South Montgomery City neighborhood priced from $614. 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
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath S1BR,1BA$614
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$625
AlcoveStudioStudio,1BA$645
Brentwood Estates1x1Brentwood Estates1BR,1BA$665
The Eastern1 Bed / 1 Bath1BR,1BA$699
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$700
Governors Parc Apartments1 Bedroom1BR,1BA$735
Bristol DownsTHE CLIFTON1BR,1BA$760
Sunrise Apartments1BR/1BA1BR,1BA$765
Greenbriar Apartments1 Bed / 1 Bath1BR,1BA$795

Best Value Apartments for Rent in Montgomery, AL

As of November 01, 2025 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 The Carraway 2x2 Model at The Gatsby at Midtown Apartment Living starting at $1,250 with a $0.99 price per square foot in the South Central 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.
Price Street Townhomes2 bedroom, 1.5 bath2BR,1.5BA$0.84
The Gatsby at Midtown Apartment LivingThe Carraway 2x22BR,2BA$0.99
Retreat at Dublin Creek2 bedroom/ 2 bath2BR,2BA$0.96
Park at Meadow RidgeSanta Rosa Renovated2BR,2BA$0.91
The Lofts on Fountain2 Bed/2 Bath2BR,2BA$0.81
Beaumont Reserve at Eastern1BR1BA1BR,1BA$1.00
Brentwood Estates1x1Brentwood Estates1BR,1BA$0.85
Governors Parc Apartments1 Bedroom1BR,1BA$0.95
Ravenwood ApartmentsRavenwood 1 Bed 1 Bath S1BR,1BA$0.90
Woodley Terrace Apartments1x1Woodley Terrace Apartments1BR,1BA$0.92

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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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 $592 to $6,270. There are also 416 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $495 to $3,500.

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 $3,500 with an average monthly rent of $1,910.

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 $625 to $3,200. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $2,592.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.