Cheap Apartments for Rent in the Aurora Neighborhood of Montgomery, IL from $600 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Aurora area of Montgomery.

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55 E Mill St
1 Bedroom Apartments

55 E Mill St

55 E Mill StMontgomery, IL 60538
  • Utilities Included
property at 946 Oliver Ave

$800 - $975

Studio To 1 Bedroom Rentals

Available Now

946 Oliver Ave

AuroraIL60506

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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ReNew Aurora
$1,525 - $2,681
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $2,681
Total Monthly Price
$1,525 - $2,681
1 to 2 Bedroom Apartments Available Now

ReNew Aurora

2000 W Illinois AveAurora, IL 60506
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Downer Place Lofts
$1,695 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $1,850
Total Monthly Price
$1,695 - $1,850
1 Bedroom Apartments Available Now

Downer Place Lofts

220 E Downer PlAurora, IL 60505
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 744 High St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 1 Bath Townhome for Rent

Available Now

744 High St, Unit 2

744 High St
AuroraIL60505

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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Autumnwood Apartments
1 to 3 Bedroom Apartments

Autumnwood Apartments

734 N Gladstone AveAurora, IL 60506
  • Utilities Included
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Village West Apartments
1 to 2 Bedroom Apartments

Village West Apartments

1971 Lilac LnAurora, IL 60506
Corporate Housing
  • Utilities Included
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Forest Ridge
1 to 3 Bedroom Apartments

Forest Ridge

1213-1215 2nd AveAurora, IL 60505
  • Utilities Included
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Keystone Lofts
1 Bedroom Apartments

Keystone Lofts

30 S Stolp AveAurora, IL 60506

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lake Pointe
1 to 3 Bedroom Apartments

Lake Pointe

461 N Lake StAurora, IL 60506
  • Utilities Included

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.

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Showing Results 1-36, Page 1 of 1

Cheapest Available Aurora Apartments for Rent

 

The cheapest available apartment rental in the Aurora area of Montgomery, IL is a 3 Beds unit found at Sage Crest Apartments priced from $600. Leland Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Aurora apartments for rent in Montgomery, IL:

Apartment ListingModel NameBed/BathPriced From
Sage Crest Apartments3 Beds, 1 bath3BR,1BA$600
Leland Tower ApartmentsNew York1BR,1BA$1,300
Lakeview ResidencesLakeview Residences Studio 1 Bath ApartmentStudio,1BA$1,325
Haoyue Investments LLC2 Bedroom and 1 Bathroom with Deck2BR,1BA$1,500
The LUXE Residences of Aurora 55+ CommunityOne Bedroom Small (LRA-1S)1BR,1BA$1,550
Downer Place Lofts1 Bed/1 Bath1BR,1BA$1,695
ReNew AuroraBennett2BR,2BA$1,915
Montgomery Place ApartmentsHickory2BR,1BA$2,030
Heyday AuroraCTH Saratoga2BR,2BA$2,690

Best Value Apartments for Rent in Aurora, IL

As of August 30, 2026 the best value apartment in the Aurora area is the $1.94 price per square foot DTH La Belle Model at Heyday Aurora in the in the West Side Aurora neighborhood starting from $3,050. The second greatest value Aurora apartment is the Hickory Model at Montgomery Place Apartments starting at $2,030 with a $2.02 price per square foot in the Prescott Mill Crossings neighborhood. Here is today’s list of the best values for Aurora apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Heyday AuroraDTH La Belle3BR,2.5BA$1.94
Montgomery Place ApartmentsHickory2BR,1BA$2.02
Leland Tower ApartmentsSky2BR,2BA$2.04
Haoyue Investments LLC2 Bedroom and 1 Bathroom with Patio2BR,1BA$1.79
Downer Place Lofts1 Bed/1 Bath1BR,1BA$1.96
ReNew AuroraBennett2BR,2BA$2.68
The LUXE Residences of Aurora 55+ CommunityOne Bedroom Small (LRA-1S)1BR,1BA$2.31
Sage Crest Apartments1 Bed, 1 bath1BR,1BA$1.00
Lakeview Residences0BR/1.0BAStudio ,1BA$2.65

Frequently Asked Questions about Cheap Aurora Apartments

What is the Cheapest Studio apartment in Aurora?

Currently the most affordable Cheap Studio Apartment in Aurora is at Lakeview Residences listed at $1,325.

How much is rent for a Cheap One Bedroom Aurora Apartment?

The lowest price for a Cheap One Bedroom Aurora Apartment is $600 at Sage Crest Apartments.

What is the lowest price for a Cheap Two Bedroom Aurora Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Aurora is starting from $600 at Sage Crest Apartments.

What is the most affordable Aurora Three Bedroom Apartment?

The best deal on a cheap Aurora Three Bedroom Apartment rental is at Sage Crest Apartments and starts from $600.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.