close
View Me
$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 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.
close
View Me
$1,200 - $1,3501 to 2 Bedroom Apartments Contact Us For Availability
Anderson Farms Apartments
1500 Briarcliff RdMontgomery, IL 60538
close
View Me
close
View Me
close
View Me
close
View Me
$1,070 - $1,995Studio to 2 Bedroom Apartments Available Nov 8
Leland Tower Apartments
7 S Stolp AveAurora, IL 60506
86 N 4th St
AuroraIL60505
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.
500 S Broadway
AuroraIL60505
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
Showing Results 1-14, 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 | $1,603 | $1,070 | $1,780 |
| Cheap Montgomery 1 Bedroom Apartments | $1,718 | $1,070 | $2,487 |
| Cheap Montgomery 2 Bedroom Apartments | $2,223 | $1,300 | $3,523 |
| Cheap Montgomery 3 Bedroom Apartments | $3,813 | $1,653 | $10,000+ |
| Cheap Montgomery 4 Bedroom Apartments | $3,264 | $3,066 | $3,376 |
Browse Top Apartments in Montgomery
See all Apartments in MontgomeryExplore Montgomery
Montgomery, IL Local Guide
- Montgomery Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Montgomery, IL
Pricing Updated: 10/31/2025Current 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 | $2,411 | $1,070 | 14 |
| Orchard Prairie North | $2,492 | $1,070 | 34 |
| Blackberry Crossing West | $2,499 | $1,370 | 33 |
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. The Reserve at Hudson Crossing in the Blackberry Crossing West neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. 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 |
| The Reserve at Hudson Crossing | Harrison | Studio,1BA | $1,450 |
| Springs At Oswego | Studio Grand Overlook | Studio,1BA | $1,523 |
| Farmington Lakes Apartments | Hawthorn II | 1BR,1BA | $1,527 |
| The LUXE Residences of Aurora | One Bedroom Small (LRA-1S) | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Montgomery, IL
As of October 31, 2025 the best value apartment in the Montgomery area is the $1.66 price per square foot Campania End Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,865. The second greatest value Montgomery apartment is the 3BR Garden Model at Avanterra Wolfs Crossing starting at $2,898 with a $1.92 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 | $1.66 |
| Avanterra Wolfs Crossing | 3BR Garden | 3BR,2.5BA | $1.92 |
| Redwood Oswego | Willowood | 2BR,2BA | $1.85 |
| Monroe Street Apartments | 2.0 BD/1.5 BA | 2BR,1.5BA | $1.80 |
| Downer Place Lofts | One Bedroom | 1BR,1BA | $2.03 |
| Covey at Fox Valley Apartments | Sanctuary | 2BR,1BA | $1.99 |
| Montgomery Place Apartments | Oak | 1BR,1BA | $2.16 |
| Farmington Lakes Apartments | Hawthorn II | 1BR,1BA | $1.99 |
| The LUXE Residences of Aurora | One Bedroom Small (LRA-1S) | 1BR,1BA | $2.31 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1.78 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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 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.
Let everyone know!
Do you know the Montgomery area?
If you’re an expert on all things Montgomery, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $1,825.
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 $2,467.
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 $395 which is $2,072 cheaper than the average rent for all rentals in Montgomery.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.