
Cheap Homes for Rent in the Lagoon Park Neighborhood of Montgomery, AL from $650 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Lagoon Park area of Montgomery.


2911 Althea St

2015 Rigby St

446 Heustess St

10 Brantwood Dr

7 Calhoun Rd
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2521 Chestnut St

2085 Speigle St

119 N Pennsylvania St, Unit 119 N Penn B

3 Mimosa Dr

454 Forest Hills Dr

2179 Upper Wetumpka Rd
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.

20 Bradley Dr

2721 Spann Pl

2132 Ester St

6354 Wares Ferry Rd

1205 Cottondale Rd

2826 Biltmore Ave
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.

2321 Winona Ave

808 N Gap Loop
Lagoon Park, Montgomery, AL Local Guide

How much does it cost to rent a home in Lagoon Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lagoon Park 2 Bedroom Homes for Rent | $1,078 | $650 | $1,600 |
| Lagoon Park 3 Bedroom Homes for Rent | $1,381 | $725 | $1,900 |
| Lagoon Park 4 Bedroom Homes for Rent | $1,634 | $1,200 | $2,600 |
| Lagoon Park 5 Bedroom Homes for Rent | $2,158 | $1,950 | $2,375 |
| Lagoon Park 6 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 3 mile radius of the Lagoon Park Neighborhood of Montgomery, AL.
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Lagoon Park, Montgomery, AL Local Guide
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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 |
| Cedar Creek Apartments | Studio | Studio,1BA | $750 |
| Eastbrook Apartments 1 & 2 (PI) | Eastbrook Apartments 1 & 2 (532-646) (PI) - 532C | 1BR,1BA | $750 |
| Azalea Hill | Studio | Studio,1BA | $769 |
Best Value Apartments for Rent in Lagoon Park, AL
As of August 25, 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 |
| Bonnie Crest Apartments | Bonnie Crest Apartments - 740A | 2BR,1BA | $0.77 |
| Eastdale Oaks | 2 bd / 2 bath | 2BR,2BA | $1.07 |
| Zelda Pointe | The Gatsby Renovated | 2BR,2BA | $1.10 |
| 402 Federal Dr, Unit 402 B | 402 Federal Dr | 2BR,1BA | $0.95 |
| 404 Eastdale Rd S | 2 Beds, 2 Baths | 2BR,2BA | $1.00 |
| Park at Meadow Ridge | Seacrest Renovated | 1BR,1BA | $1.01 |
| Sunrise Apartments | TOWNHOME | 2BR,1.5BA | $1.06 |
| Eastbrook Apartments 1 & 2 (PI) | Eastbrook Apartments 1 & 2 (532-646) (PI) - 532C | 1BR,1BA | $0.92 |
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.
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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 #23
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Lagoon Park
What type of rentals are currently available in Lagoon Park?
There are currently 70 Apartments for Rent in Lagoon Park, AL with pricing that ranges from $525 to $6,947. There are also 137 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lagoon Park ranging from $650 to $2,600.
What is the current price range for Rental Homes in Lagoon Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lagoon Park ranges from $650 to $2,600 with an average monthly rent of $1,399.
How much are larger Three and Four Bedroom Rentals in Lagoon Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lagoon Park range from $900 to $5,709, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,295.
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.

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.

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.