
Cheap Homes for Rent in Lake Forest Neighborhood of Montgomery, AL from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Montgomery.


428 Fieldbrook Dr

241 Kroy Dr

523 Placid Dr
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.

5926 Carmel Dr

1610 Limestone Ct

629 Durward Dr

323 N Burbank 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.

760 N Burbank Dr
Lake Forest, Montgomery, AL Local Guide

How much does it cost to rent a home in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest 2 Bedroom Homes for Rent | $950 | $950 | $950 |
| Lake Forest 3 Bedroom Homes for Rent | $1,637 | $995 | $2,200 |
| Lake Forest 4 Bedroom Homes for Rent | $2,026 | $1,195 | $3,200 |
| Lake Forest 5 Bedroom Homes for Rent | $2,265 | $1,900 | $2,595 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 3 mile radius of the Lake Forest Neighborhood of Montgomery, AL.
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Lake Forest, Montgomery, AL Local Guide
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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 Birchwood Apartments priced from $645. Turtle Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Lake Forest apartments for rent in Montgomery, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Birchwood Apartments | 1/1.00 | 1BR,1BA | $645 |
| Turtle Place | 1/1.00 | 1BR,1BA | $750 |
| The Mark | 1/1.00 | 1BR,1BA | $750 |
Best Value Apartments for Rent in Lake Forest, AL
As of May 28, 2026 the best value apartment in the Lake Forest area is the $1.07 price per square foot 2 bedroom, 1 bathroom Model at The Park at Monticello in the in the Halcyon Park neighborhood starting from $1,025. The second greatest value Lake Forest apartment is the 1/1.00 Model at The Mark starting at $750 with a $0.88 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. |
|---|---|---|---|
| The Park at Monticello | 2 bedroom, 1 bathroom | 2BR,1BA | $1.07 |
| The Mark | 1/1.00 | 1BR,1BA | $0.88 |
| Turtle Place | 1/1.00 | 1BR,1BA | $0.88 |
| Eastdale Oaks | 1 bd / 1 bath | 1BR,1BA | $1.15 |
| Addison Park | A1 | 1BR,1BA | $1.19 |
| Birchwood Apartments | 1/1.00 | 1BR,1BA | $0.88 |
| Stratford Village | Cambridge | 1BR,1BA | $1.22 |
| Gazebo East | 1 bedroom, 1bathroom | 1BR,1BA | $1.32 |
| Woodmere Reserve | 1 Bed/1 Bath | 1BR,1BA | $1.16 |
| Retreat at Eddins | 1x1 R | 1BR,1BA | $1.27 |
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 LifestyleLake Forest, Montgomery, AL
Ranked #30
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Lake Forest
What type of rentals are currently available in Lake Forest?
There are currently 30 Apartments for Rent in Lake Forest, AL with pricing that ranges from $645 to $5,306. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $950 to $3,200.
What is the current price range for Rental Homes in Lake Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest ranges from $950 to $3,200 with an average monthly rent of $1,719.
How much are larger Three and Four Bedroom Rentals in Lake Forest?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Forest range from $900 to $5,156, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $5,306.
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.