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$1,0701 Bedroom Apartments Available Now
Wedgewood Manor Active Senior Living
50 Boulder Hill PassMontgomery, IL 60538
Cheap Apartments for Rent in Montgomery, IL from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.
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$1,300 - $1,5501 to 2 Bedroom Apartments Contact Us For Availability
Anderson Farms Apartments
1500 Briarcliff RdMontgomery, IL 60538
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$1,475 - $1,6251 to 2 Bedroom Apartments Available Apr 10
The Onyx on Victoria
834 Victoria DrMontgomery, IL 60538
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1 to 2 Bedroom Apartments
Building H & I
89 Hillstone RdMontgomery, IL 60538
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1 Bedroom Apartments
Building A
100 Rocky WayMontgomery, IL 60538
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1 to 3 Bedroom Apartments
Boulder Hill Apartments
4 Rocky WayMontgomery, IL 60538
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1 Bedroom Apartments
55 E Mill St
55 E Mill StMontgomery, IL 60538
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.
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$1,090 - $1,995Studio to 2 Bedroom Apartments Available Apr 4
Leland Tower Apartments
7 S Stolp AveAurora, IL 60506
305 N View St
AuroraIL60506
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$1,170 - $1,3601 to 2 Bedroom Apartments Contact Us For Availability
Colony West Apartments
685 Laurel DrAurora, IL 60506
452 Iowa Ave
AuroraIL60506
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$1,400
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,400
Total Monthly Price
$1,400
544 E New York St, Unit 1
544 E New York StAurora, IL 60505
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$1,425 - $1,4951 Bedroom Apartments Available Now
Keystone Lofts
30 S Stolp AveAurora, IL 60506
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$1,440 - $1,770Studio to 2 Bedroom Apartments Contact Us For Availability
Lakeview Residences
1037 Howell PlAurora, IL 60505
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,449 - $1,6532 to 3 Bedroom Apartments Available Now
Fox Pointe
2074 Fox Pointe CirAurora, IL 60504
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$1,450 - $2,900Studio to 2 Bedroom Apartments Available Now
The Reserve at Hudson Crossing
160 Washington St.Oswego, IL 60543
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$1,498 - $2,3741 to 2 Bedroom Apartments Available Now
ReNew Aurora
2000 W Illinois AveAurora, IL 60506
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1 Bedroom Apartments
Silver Oaks At Waterford
1819 Silver Oaks CirAurora, IL 60504
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1 to 3 Bedroom Apartments
Autumnwood Apartments
734 N Gladstone AveAurora, IL 60506
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1 to 2 Bedroom Apartments
Village West Apartments
1971 Lilac LnAurora, IL 60506
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1 to 3 Bedroom Apartments
Forest Ridge
1213-1215 2nd AveAurora, IL 60505
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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1 to 3 Bedroom Apartments
Fox Valley Apartments- Todd School
100 Oak AveAurora, IL 60506
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Studio to 2 Bedroom Apartments
TJC Apartments
89 Polk StOswego, IL 60543
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1 to 2 Bedroom Apartments
Signal Point Apartments
104 E Downer PlAurora, IL 60505
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1 to 2 Bedroom Apartments
Light Road Apartments
1800 Light RdOswego, IL 60543
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Studio to 1 Bedroom Apartments
Esser Lofts & Apartments
37 W Benton StAurora, IL 60506
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1 Bedroom Apartments
4 E Van Buren
4 E Van Buren StOswego, IL 60543
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2 to 4 Bedroom Apartments
Mill Street Station
380 Wolverine DrOswego, IL 60543
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-28, Page 1 of 1
Montgomery, IL Local Guide
View of Fox River from Montgomery by Mythicmeadows is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Montgomery Studio Apartments | $1,648 | $1,090 | $2,125 |
| Cheap Montgomery 1 Bedroom Apartments | $1,810 | $1,070 | $2,617 |
| Cheap Montgomery 2 Bedroom Apartments | $2,244 | $1,300 | $3,872 |
| Cheap Montgomery 3 Bedroom Apartments | $3,843 | $1,653 | $10,000+ |
| Cheap Montgomery 4 Bedroom Apartments | $3,289 | $3,016 | $3,459 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Montgomery
See all Apartments in MontgomeryExplore Montgomery
Montgomery, IL Local Guide
- Montgomery Neighborhoods
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Cheapest Neighborhoods for Apartments in Montgomery, IL
Pricing Updated: 03/17/2026Current apartment rentals in the Montgomery, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Montgomery Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Aurora | $13,925 | $1,090 | 30 |
| Blackberry Crossing West | $13,925 | $1,450 | 27 |
| Orchard Prairie North | $13,925 | $1,070 | 29 |
Cheapest Available Montgomery Apartments for Rent
The cheapest available apartment rental in Montgomery, IL is a 1 Bed unit found at Wedgewood Manor Active Senior Living in the Ashcroft Place neighborhood priced from $1,070. Keystone Lofts in the West Side Aurora neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,425. Here is today’s list of the most affordable Montgomery apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1,070 |
| Keystone Lofts | Plan 1 | 1BR,1BA | $1,425 |
| The Reserve at Hudson Crossing | Harrison | Studio,1BA | $1,450 |
| ReNew Aurora | Alder | 1BR,1BA | $1,498 |
| The LUXE Residences of Aurora 55+ Community | One Bedroom Small (LRA-1S) | 1BR,1BA | $1,550 |
| Springs At Oswego | Studio Grand Overlook | Studio,1BA | $1,621 |
| Fox Pointe | 3B-M60 | 3BR,2BA | $1,653 |
| Montgomery Place Apartments | Juniper | 1BR,1BA | $1,762 |
| Willow + Wren Apartments | Sanctuary | 2BR,1BA | $1,774 |
Best Value Apartments for Rent in Montgomery, IL
As of March 17, 2026 the best value apartment in the Montgomery area is the $1.03 price per square foot 1111 Johnston Dr Model at 1111 Johnston Dr in the in the West Side Aurora neighborhood starting from $1,850. The second greatest value Montgomery apartment is the Accera Model at Bristol Bay of Yorkville starting at $2,595 with a $1.74 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1111 Johnston Dr | 1111 Johnston Dr | 2BR,1BA | $1.03 |
| Bristol Bay of Yorkville | Accera | 2BR,2.5BA | $1.74 |
| Downer Place Lofts | 2bed/1bath | 2BR,1BA | $1.88 |
| Fox Pointe | 3B-M60 | 3BR,2BA | $1.50 |
| 1224 Johnston Dr, Unit Duplex | 1224 Johnston Dr | 2BR,1.5BA | $1.93 |
| Keystone Lofts | Plan 1 | 1BR,1BA | $1.44 |
| Willow + Wren Apartments | Sanctuary | 2BR,1BA | $2.06 |
| The Reserve at Summerfield | The Adler | 1BR,1BA | $2.13 |
| 544 E New York St, Unit 1 | 544 E New York St | 2BR,1BA | $1.75 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1.78 |
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.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.
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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.
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Frequently Asked Questions about Cheap Montgomery Apartments
What is a cheap apartment in Montgomery?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montgomery is under $1,774.
What is the price of a cheap apartment in Montgomery?
The cheapest apartment in Montgomery is Wedgewood Manor Active Senior Living which is listed at $1,070, while the average apartment in Montgomery costs $13,925.
What types of apartments are the cheapest in Montgomery?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Montgomery that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Montgomery?
Cheap apartments in Montgomery have an average cost of $252 which is $13,673 cheaper than the average rent for all rentals in Montgomery.
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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.