
Cheap Homes for Rent in Lagoon Park Neighborhood of Montgomery, AL from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Lagoon Park area of Montgomery.


319 Olivia Ct

2111 Yarbrough St

19 Calhoun Rd

311 Bradley Dr

7 Calhoun 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.

119 N Pennsylvania St, Unit 119 N Penn B, Unit 119 N Penn B

200 Eton Rd

111 Havenwood Way

122 Oak Forest Dr

4732 Retreat Rd

428 Fieldbrook Dr
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.

2305 Yancey Ave
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 | $888 | $625 | $1,100 |
| Lagoon Park 3 Bedroom Homes for Rent | $1,355 | $795 | $1,900 |
| Lagoon Park 4 Bedroom Homes for Rent | $1,624 | $1,195 | $2,100 |
| Lagoon Park 5 Bedroom Homes for Rent | $1,950 | $1,650 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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. Birchwood Apartments has the second lowest priced unit, which is a 1 Bed 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 |
| Birchwood Apartments | 1/1.00 | 1BR,1BA | $645 |
| Alcove | Studio | Studio,1BA | $645 |
| Tuscany at Midtown | 1/1.00 | 1BR,1BA | $725 |
| Turtle Place | 1/1.00 | 1BR,1BA | $750 |
Best Value Apartments for Rent in Lagoon Park, AL
As of May 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 Model at Legacy at Festival starting at $1,200 with a $1.07 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 | 2BR,2BA | $1.07 |
| Chase Park | 2 bed 2 bath | 2BR,2BA | $1.04 |
| The Park at Monticello | 2 bedroom, 1 bathroom | 2BR,1BA | $1.07 |
| Park at Meadow Ridge | Seacrest Renovated | 1BR,1BA | $1.03 |
| Turtle Place | 1/1.00 | 1BR,1BA | $0.88 |
| The Mark | 1/1.00 | 1BR,1BA | $0.88 |
| Cedar Creek Apartments | 1BR | 1BR,1BA | $1.09 |
| Birchwood Apartments | 1/1.00 | 1BR,1BA | $0.88 |
| Tuscany at Midtown | 1/1.00 | 1BR,1BA | $1.01 |
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 #18
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 69 Apartments for Rent in Lagoon Park, AL with pricing that ranges from $525 to $5,539. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lagoon Park ranging from $625 to $2,300.
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 $625 to $2,300 with an average monthly rent of $1,318.
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 $4,689, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,195 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.