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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 (15 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 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
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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$920 - $2,1002 Bedroom Apartments Available Now
Monroe Street Apartments
237-277 Monroe StOswego, IL 60543
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$9501 Bedroom Apartments Available Now
946 Oliver Ave
946 Oliver AveAurora, IL 60506
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$1,070 - $1,995Studio to 2 Bedroom Apartments Available Now
Leland Tower Apartments
7 S Stolp AveAurora, IL 60506
355 W New York St
AuroraIL60506
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$1,120 - $1,1801 Bedroom Apartments Contact Us For Availability
Colony West Apartments
685 Laurel DrAurora, IL 60506
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 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
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
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.
Showing Results 1-15, 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 | $1,632 | $1,070 | $2,526 |
| Cheap Montgomery 1 Bedroom Apartments | $1,673 | $950 | $3,390 |
| Cheap Montgomery 2 Bedroom Apartments | $2,208 | $1,400 | $3,713 |
| Cheap Montgomery 3 Bedroom Apartments | $4,744 | $1,653 | $10,000+ |
| Cheap Montgomery 4 Bedroom Apartments | $3,574 | $2,981 | $4,819 |
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: 01/25/2026Current 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 |
|---|---|---|---|
| Orchard Prairie North | $2,399 | $1,070 | 30 |
| Aurora | $2,411 | $950 | 36 |
| Blackberry Crossing West | $2,442 | $1,475 | 27 |
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. Leland Tower Apartments in the West Side Aurora neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,255. 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 |
| Leland Tower Apartments | Downer | 1BR,1BA | $1,255 |
| Keystone Lofts | 1 Bed, 1 bath | 1BR,1BA | $1,350 |
| ReNew Aurora | Ashford | 1BR,1BA | $1,400 |
| The Reserve at Hudson Crossing | Harrison | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Montgomery, IL
As of January 25, 2026 the best value apartment in the Montgomery area is the $1.74 price per square foot Accera Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,595. The second greatest value Montgomery apartment is the Willowood Model at Redwood Oswego starting at $2,549 with a $1.85 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. |
|---|---|---|---|
| Bristol Bay of Yorkville | Accera | 2BR,2.5BA | $1.74 |
| Redwood Oswego | Willowood | 2BR,2BA | $1.85 |
| Avanterra Wolfs Crossing | 2BR Garden | 2BR,2.5BA | $2.16 |
| Downer Place Lofts | 2bed/1bath | 2BR,1BA | $1.88 |
| Springs At Oswego | 2 BR Grand Courtyard Garage | 2BR,2BA | $2.24 |
| Keystone Lofts | 1 Bed, 1 bath | 1BR,1BA | $1.37 |
| Monroe Street Apartments | 2.0 BD/1.5 BA | 2BR,1.5BA | $2.15 |
| Willow + Wren Apartments | Sanctuary | 2BR,1BA | $2.07 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1.78 |
| Leland Tower Apartments | Downer | 1BR,1BA | $2.18 |
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.
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The 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.
Read ArticleQuick Rent Budget Calculator
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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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See the most popular apartments and homes in Montgomery, IL
Frequently Asked Questions about Cheap Montgomery Apartments
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 $2,417.
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 $293 which is $2,124 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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.