Cheap Apartments for Rent in the Lagoon Park Neighborhood of Montgomery, AL from $300 (67 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lagoon Park area of Montgomery.

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

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property at 1324 Federal Dr

1324 Federal Dr

MontgomeryAL36107
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Sunrise Extended Stay
1 to 2 Bedroom Apartments

Sunrise Extended Stay

5601 Carmichael RdMontgomery, AL 36117
Corporate Housing
  • Utilities Included
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Magnolia Terrace
1 to 2 Bedroom Apartments

Magnolia Terrace

155 Sylvest DrMontgomery, AL 36117
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Tuscany at Midtown
1 to 3 Bedroom Apartments

Tuscany at Midtown

4054 Beth Manor DrMontgomery, AL 36109
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Turtle Place
1 to 2 Bedroom Apartments

Turtle Place

455 S Eastdale RdMontgomery, AL 36117

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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Vista Terrace
2 to 3 Bedroom Apartments

Vista Terrace

650 Vista Terrace DrMontgomery, AL 36110
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Eastdale Oaks
1 to 2 Bedroom Apartments

Eastdale Oaks

425 N Burbank DrMontgomery, AL 36117

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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Lagoon Park, Montgomery, AL Local Guide

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 Alcove priced from $645. Bristol Downs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Lagoon Park apartments for rent in Montgomery, AL:

Apartment ListingModel NameBed/BathPriced From
AlcoveStudioStudio,1BA$645
Bristol DownsTHE CLIFTON1BR,1BA$760
Sunrise Apartments1BR/1BA1BR,1BA$765
Woodmere Reserve1 Bed/1 Bath1BR,1BA$799
Azalea Hill1 Bed 1 Bath1BR,1BA$799
Reserve at Boardwalk1|1 6121 Boardwalk Blvd1BR,1BA$800
Cedar Creek ApartmentsOne Bedroom Apartment1BR,1BA$815
Stratford VillageBrighton1BR,1BA$839
The Retreat at Eddins Apartments1 Bedroom/1 Bath1BR,1BA$850
Chase ParkChase I1BR,1BA$850

Best Value Apartments for Rent in Lagoon Park, AL

As of November 03, 2025 the best value apartment in the Lagoon Park area is the $0.99 price per square foot The Carraway 2x2 Model at The Gatsby at Midtown Apartment Living in the in the South Central Montgomery neighborhood starting from $1,250. The second greatest value Lagoon Park apartment is the Santa Rosa Renovated Model at Park at Meadow Ridge starting at $1,099 with a $0.91 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Gatsby at Midtown Apartment LivingThe Carraway 2x22BR,2BA$0.99
Park at Meadow RidgeSanta Rosa Renovated2BR,2BA$0.91
402 Federal Dr, Unit 402 C402 Federal Dr2BR,1BA$0.95
Gazebo East2 bedroom, 2 bathroom2BR,2BA$1.13
Park at Monticello2 bedroom, 1 bathroom2BR,1BA$1.07
Central ParkAspen1BR,1BA$1.09
Chase ParkChase I1BR,1BA$1.00
Cedar Creek ApartmentsOne Bedroom Apartment1BR,1BA$1.04
Eastdale Oaks1 bd / 1 bath1BR,1BA$1.15
Azalea Hill1 Bed 1 Bath1BR,1BA$1.04

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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Pet Friendly Lifestyle
Lagoon Park, Montgomery, AL

Ranked #23

Among cities in Alabama for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 Alcove listed at $645.

How much is rent for a Cheap One Bedroom Lagoon Park Apartment?

The lowest price for a Cheap One Bedroom Lagoon Park Apartment is $760 at Bristol Downs.

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 $915 at Sunrise Apartments.

What is the most affordable Lagoon Park Three Bedroom Apartment?

The best deal on a cheap Lagoon Park Three Bedroom Apartment rental is at Chase Park and starts from $1,075.

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.