
Cheap Apartments for Rent in the Lake Forest Neighborhood of Montgomery, AL from $600 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Montgomery.


Woodmere Reserve

Total Monthly Price
Reserve at Boardwalk

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The Park at Monticello

Stratford Village

Total Monthly Price
Addison Park

Total Monthly Price
The Retreat at Eddins Apartments

Total Monthly Price
The Rosemary
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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.

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Gazebo East

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Arbors On Taylor

111 Havenwood Way

418 Stroll Dr

523 Placid Dr

Broadstreet at EastChase Apartments

Verandas at Mitylene

Berry Hill Apartments
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760 N Burbank Dr

323 N Burbank Dr

148 Blushing Groom St

Birchwood Apartments

Magnolia Terrace

Shady Oaks Apartments

Taylor Crossing

Turtle Place
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The Mark Apartments

Eastdale Oaks

6265 Wares Ferry Rd

6411 Pinebrook Dr

5978 Carmel Dr

5918 Carmel Dr

1615 Woodmere Loop

6259 Bell Gables
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6269 Bell Gables

Sonesta ES Montgomery
Lake Forest, Montgomery, AL Local Guide

How much does it cost to rent an apartment in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest 1 Bedroom Apartments | $1,099 | $799 | $1,696 |
| Lake Forest 2 Bedroom Apartments | $1,316 | $894 | $1,744 |
| Lake Forest 3 Bedroom Apartments | $1,749 | $1,075 | $5,247 |
| Lake Forest 4 Bedroom Apartments | $4,608 | $4,608 | $4,608 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 3 mile radius of the Lake Forest Neighborhood of Montgomery, AL.
See all Apartments in MontgomeryExplore Montgomery
Lake Forest, Montgomery, AL Local Guide
- Nearby Montgomery neighborhoods
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Cheapest Available Lake Forest Apartments for Rent
 The cheapest available apartment rental in the Lake Forest area of Montgomery, AL is a 1 Bed unit found at Woodmere Reserve priced from $799. Reserve at Boardwalk has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Lake Forest apartments for rent in Montgomery, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodmere Reserve | 1 Bed/1 Bath | 1BR,1BA | $799 |
| Reserve at Boardwalk | 1|1 6121 Boardwalk Blvd | 1BR,1BA | $800 |
| Stratford Village | Brighton | 1BR,1BA | $839 |
| Addison Park | A1 | 1BR,1BA | $870 |
| The Retreat at Eddins Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $915 |
| The Rosemary | One Bedroom One Bath | 1BR,1BA | $943 |
| Gazebo East | 1 bedroom, 1bathroom | 1BR,1BA | $950 |
| Azalea Hill | 2 Bed 2 Bath | 2BR,2BA | $1,009 |
| Eastdale Oaks | 2 bd / 1 bath | 2BR,1BA | $1,025 |
| Broadstreet at EastChase Apartments | 1 BR 1BA (822 SF) | 1BR,1BA | $1,298 |
Best Value Apartments for Rent in Lake Forest, AL
As of April 16, 2026 the best value apartment in the Lake Forest area is the $0.89 price per square foot 2 Bed 2 Bath Model at Azalea Hill in the in the Halcyon Park neighborhood starting from $1,009. The second greatest value Lake Forest apartment is the 2B Model at Verandas at Mitylene starting at $1,418 with a $1.28 price per square foot in the Halcyon Park neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Azalea Hill | 2 Bed 2 Bath | 2BR,2BA | $0.89 |
| Verandas at Mitylene | 2B | 2BR,2BA | $1.28 |
| Eastdale Oaks | 2 bd / 2 bath | 2BR,2BA | $1.07 |
| Berry Hill Apartments | TWO BEDROOM | 2BR,2BA | $1.34 |
| Addison Park | A1 | 1BR,1BA | $1.16 |
| Stratford Village | Cambridge | 1BR,1BA | $1.21 |
| Gazebo East | 1 bedroom, 1bathroom | 1BR,1BA | $1.32 |
| Woodmere Reserve | 1 Bed/1 Bath | 1BR,1BA | $1.16 |
| The Retreat at Eddins Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.33 |
| Reserve at Boardwalk | 1|1 6121 Boardwalk Blvd | 1BR,1BA | $1.33 |
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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 LifestyleLake Forest, Montgomery, AL
Ranked #23
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Montgomery. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, places to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Lake Forest Apartments
How much is rent for a Cheap One Bedroom Lake Forest Apartment?
The lowest price for a Cheap One Bedroom Lake Forest Apartment is $799 at Woodmere Reserve.
What is the lowest price for a Cheap Two Bedroom Lake Forest Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Forest is starting from $869 at Stratford Village.
What is the most affordable Lake Forest Three Bedroom Apartment?
The best deal on a cheap Lake Forest Three Bedroom Apartment rental is at Reserve at Boardwalk and starts from $1,075.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.