
Cheap Homes for Rent in Lake Forest Neighborhood of Montgomery, AL from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Montgomery.


6411 Pinebrook Dr

5978 Carmel Dr

5918 Carmel 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.

1621 Limestone Ct

6269 Bell Gables

760 N Burbank Dr

418 Stroll 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.

148 Blushing Groom St
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 | $1,208 | $1,100 | $1,325 |
| Lake Forest 3 Bedroom Homes for Rent | $1,664 | $1,050 | $2,500 |
| Lake Forest 4 Bedroom Homes for Rent | $2,024 | $1,395 | $2,500 |
| Lake Forest 5 Bedroom Homes for Rent | $2,375 | $2,250 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 3 mile radius of the Lake Forest Neighborhood of Montgomery, AL.
Explore Montgomery
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 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 |
| Addison Park | A1 | 1BR,1BA | $835 |
| Stratford Village | Brighton | 1BR,1BA | $839 |
| The Rosemary | One Bedroom One Bath | 1BR,1BA | $898 |
Best Value Apartments for Rent in Lake Forest, AL
As of April 12, 2026 the best value apartment in the Lake Forest area is the $1.28 price per square foot 2B Model at Verandas at Mitylene in the in the Halcyon Park neighborhood starting from $1,418. The second greatest value Lake Forest apartment is the 2 bd / 2 bath Model at Eastdale Oaks starting at $1,125 with a $1.07 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. |
|---|---|---|---|
| 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 | $1.41 |
| The Park at Monticello | 2 bedroom, 1 bathroom | 2BR,1BA | $1.07 |
| Addison Park | A1 | 1BR,1BA | $1.11 |
| 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 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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.
Read ArticleDon'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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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
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 $799 to $5,815. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,050 to $3,500.
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 $1,050 to $3,500 with an average monthly rent of $2,154.
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 $1,075 to $5,815, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $4,744.
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.