
Cheap Apartments for Rent in Montgomery, IL from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.

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.

Leland Tower Apartments

Lakeview Residences
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.

86 N 4th St
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.
Montgomery, IL Local Guide

How much does it cost to rent an apartment in Montgomery?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Montgomery Studio Apartments | $1,602 | $1,070 | $1,780 |
Cheap Montgomery 1 Bedroom Apartments | $1,816 | $1,200 | $2,405 |
Cheap Montgomery 2 Bedroom Apartments | $2,224 | $1,275 | $3,050 |
Cheap Montgomery 3 Bedroom Apartments | $2,846 | $1,653 | $3,675 |
Cheap Montgomery 4 Bedroom Apartments | $3,519 | $3,344 | $3,654 |
Browse Top Apartments in Montgomery
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Montgomery, IL Local Guide
- Montgomery Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Montgomery, IL
Pricing Updated: 07/28/2025Current 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 | $2,067 | $600 | 7 |
Blackberry Crossing West | $2,380 | $1,430 | 19 |
Orchard Prairie North | $2,380 | $1,430 | 19 |
Cheapest Available Montgomery Apartments for Rent
 The cheapest available apartment rental in Montgomery, IL is a 1 Bed unit found at Deville Manor in the Prescott Mill Crossings neighborhood priced from $1,025. Springs At Oswego in the Prescott Mill Crossings neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,510. Here is today’s list of the most affordable Montgomery apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Deville Manor | One Bedroom | 1BR,1BA | $1,025 |
Springs At Oswego | Studio Grand Overlook | Studio,1BA | $1,510 |
The Reserve at Hudson Crossing | Wilson | Studio,1BA | $1,570 |
Aurora At Summerfield Apartments | Burnham | 1BR,1BA | $1,700 |
Covey at Fox Valley Apartments | Sanctuary | 2BR,1BA | $1,810 |
Best Value Apartments for Rent in Montgomery, IL
As of July 28, 2025 the best value apartment in the Montgomery area is the $1.68 price per square foot Campania End Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,900. The second greatest value Montgomery apartment is the 3BR Garden Model at Avanterra Wolfs Crossing starting at $3,019 with a $2.00 price per square foot in the Prescott Mill Crossings 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 | Campania End | 3BR,2.5BA | $1.68 |
Avanterra Wolfs Crossing | 3BR Garden | 3BR,2.5BA | $2.00 |
Wilson Pl. / Monroe St. | 205 Wilson Pl. | 2BR,1BA | $2.05 |
Aurora At Summerfield Apartments | Burnham | 1BR,1BA | $1.92 |
Covey at Fox Valley Apartments | Sanctuary | 2BR,1BA | $2.10 |
Emblem Oswego | A1 | 1BR,1BA | $2.54 |
Deville Manor | One Bedroom | 1BR,1BA | $1.49 |
The Reserve at Hudson Crossing | Garfield | Studio ,1BA | $2.81 |
Springs At Oswego | Studio Grand Overlook | Studio ,1BA | $2.42 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montgomery, IL Rentals by Map
See the most popular apartments and homes in Montgomery, IL
Getting Around Montgomery, IL
Walk Score®
35 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $3,019.
What is the price of a cheap apartment in Montgomery?
The cheapest apartment in Montgomery is Deville Manor which is listed at $1,025, while the average apartment in Montgomery costs $2,275.
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 4 regular apartments in Montgomery that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.