
Cheap Apartments for Rent in the Lagoon Park Neighborhood of Montgomery, AL from $300 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lagoon Park area of Montgomery.


Birchwood Apartments

Alcove

19 Calhoun Rd

19 Calhoun Rd

Tuscany at Midtown

3017 McQueen St

The Mark

Turtle Place

Total Monthly Price
Cedar Creek Apartments
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.

Total Monthly Price
Sunrise Apartments

Total Monthly Price
Azalea Hill

Woodmere Reserve

Stratford Village

Total Monthly Price
Bristol Downs

Park at Meadow Ridge

7 Calhoun Rd

7 Calhoun Rd

Total Monthly Price
Retreat at Eddins

Total Monthly Price
The Park at Monticello
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.

119 N Pennsylvania St, Unit 119 N Penn B

Total Monthly Price
Addison Park

20 Bradley Dr

Total Monthly Price
Zelda Pointe

Chase Park

Total Monthly Price
Gazebo East

Central Park

1324 Federal Dr

Sunrise Extended Stay

2088 Midway St
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.

Magnolia Terrace

2911 Althea St

Shady Oaks Apartments

2015 Rigby St

Eastbrook Apartments 1 & 2 (PI)

Morningview Apartments

446 Heustess St

1 W. Wareingwood Dr.(g)

Reserve at Boardwalk

200 Eton 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.

Vista Terrace

Bonnie Crest Apartments

10 Brantwood Dr

Eastdale Oaks

1826 Pinecrest Dr

3 Mimosa Dr

2726 Green Oaks Dr

454 Forest Hills Dr

2721 Spann Pl

6354 Wares Ferry Rd
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.
Lagoon Park, Montgomery, AL Local Guide

How much does it cost to rent an apartment in Lagoon Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lagoon Park Studio Apartments | $864 | $525 | $1,467 |
| Lagoon Park 1 Bedroom Apartments | $894 | $645 | $1,567 |
| Lagoon Park 2 Bedroom Apartments | $1,079 | $710 | $3,405 |
| Lagoon Park 3 Bedroom Apartments | $1,622 | $900 | $5,683 |
| Lagoon Park 4 Bedroom Apartments | $2,672 | $1,295 | $5,766 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 3 mile radius of the Lagoon Park Neighborhood of Montgomery, AL.
See all Apartments in MontgomeryExplore Montgomery
Lagoon Park, Montgomery, AL Local Guide
- Nearby Montgomery neighborhoods
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Cheapest Available Lagoon Park Apartments for Rent
 The cheapest available apartment rental in the Lagoon Park 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 Lagoon Park 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 |
| Tuscany at Midtown | 1/1.00 | 1BR,1BA | $725 |
| Cedar Creek Apartments | Studio | Studio,1BA | $750 |
| Eastbrook Apartments 1 & 2 (PI) | Eastbrook Apartments 1 & 2 (532-646) (PI) - 532C | 1BR,1BA | $750 |
| Sunrise Apartments | 1BR | 1BR,1BA | $765 |
| Azalea Hill | Studio | Studio,1BA | $769 |
| Stratford Village | Brighton | 1BR,1BA | $799 |
| Woodmere Reserve | 1 Bed/1 Bath | 1BR,1BA | $799 |
| Bristol Downs | THE CLIFTON | 1BR,1BA | $806 |
Best Value Apartments for Rent in Lagoon Park, AL
As of July 30, 2026 the best value apartment in the Lagoon Park 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 Lagoon Park apartment is the 2 Bedroom Two Bathroom Upgraded Model at Legacy at Festival starting at $1,230 with a $1.09 price per square foot in the Halcyon Park neighborhood. Here is today’s list of the best values for Lagoon Park 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 |
| Legacy at Festival | 2 Bedroom Two Bathroom Upgraded | 2BR,2BA | $1.09 |
| Chase Park | 2 bed 2 bath | 2BR,2BA | $1.04 |
| Bonnie Crest Apartments | Bonnie Crest Apartments - 740A | 2BR,1BA | $0.77 |
| Zelda Pointe | The Gatsby Renovated | 2BR,2BA | $1.10 |
| 404 Eastdale Rd S | 2 Beds, 2 Baths | 2BR,2BA | $1.02 |
| Park at Meadow Ridge | Seacrest Classic | 1BR,1BA | $0.91 |
| Eastbrook Apartments 1 & 2 (PI) | Eastbrook Apartments 1 & 2 (532-646) (PI) - 532C | 1BR,1BA | $0.92 |
| Tuscany at Midtown | 1/1.00 | 1BR,1BA | $1.01 |
| Stratford Village | Brighton | 1BR,1BA | $1.14 |
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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleLagoon Park, Montgomery, AL
Ranked #20
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Montgomery. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Lagoon Park Apartments
What is the Cheapest Studio apartment in Lagoon Park?
Currently the most affordable Cheap Studio Apartment in Lagoon Park is at The Cypress Grove Residence listed at $525.
How much is rent for a Cheap One Bedroom Lagoon Park Apartment?
The lowest price for a Cheap One Bedroom Lagoon Park Apartment is $691 at Alcove.
What is the lowest price for a Cheap Two Bedroom Lagoon Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lagoon Park is starting from $788 at Alcove.
What is the most affordable Lagoon Park Three Bedroom Apartment?
The best deal on a cheap Lagoon Park Three Bedroom Apartment rental is at Stratford Village and starts from $1,149.
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

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.

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.

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.

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.