Cheap Apartments for Rent in the Aurora Neighborhood of Montgomery, IL from $600 (51 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
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2028 Kevin Dr
2 Bedroom Apartments

2028 Kevin Dr

2028 Kevin DrMontgomery, IL 60538

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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Autumnwood Apartments
1 to 3 Bedroom Apartments

Autumnwood Apartments

734 N Gladstone AveAurora, IL 60506
  • Utilities Included
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Keystone Lofts
1 Bedroom Apartments

Keystone Lofts

30 S Stolp AveAurora, IL 60506
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Lake Pointe
1 to 3 Bedroom Apartments

Lake Pointe

461 N Lake StAurora, IL 60506
  • Utilities Included
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42W640 Jericho Rd
2 Bedroom Apartments

42W640 Jericho Rd

42W640 Jericho RdSugar Grove, IL 60554

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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111 Blackhawk Ave
2 to 3 Bedroom Apartments

111 Blackhawk Ave

111 Blackhawk AveAurora, IL 60506
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400 N Union St
1 to 3 Bedroom Apartments

400 N Union St

400 N Union StAurora, IL 60505
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415-419 E Galena Blvd
Studio to 2 Bedroom Apartments

415-419 E Galena Blvd

415-419 E Galena BlvdAurora, IL 60505
  • Utilities Included
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Marywood Apartments
1 to 2 Bedroom Apartments

Marywood Apartments

2141-2145 Best PlaceAurora, IL 60506
  • Utilities Included
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400 E Downer Pl
1 to 2 Bedroom Apartments

400 E Downer Pl

400 E Downer 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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136-146 N Ohio St
3 to 4 Bedroom Apartments

136-146 N Ohio St

136-146 N Ohio StAurora, IL 60505
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SFR
1 to 2 Bedroom Apartments

SFR

168 S Lincoln AveAurora, IL 60505
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2035 Best Pl
2 Bedroom Apartments

2035 Best Pl

2035 Best PlAurora, IL 60506
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61-65 E Downer Pl
Studio to 2 Bedroom Apartments

61-65 E Downer Pl

61-65 E Downer PlAurora, IL 60505
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224 Black Hawk St
1 to 2 Bedroom Apartments

224 Black Hawk St

224 Black Hawk StAurora, IL 60506
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1101 Ridgeway Ave
1 to 2 Bedroom Apartments

1101 Ridgeway Ave

1101 Ridgeway AveAurora, IL 60506
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749 Front St
1 to 3 Bedroom Apartments

749 Front St

749 Front StAurora, IL 60505

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.

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314 Oak Ave
Studio Apartments

314 Oak Ave

314 Oak AveAurora, IL 60506
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747 Aurora Ave
1 Bedroom Apartments

747 Aurora Ave

747 Aurora AveAurora, IL 60505
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2081 Best Pl
2 Bedroom Apartments

2081 Best Pl

2081 Best PlAurora, IL 60506
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513 Hartford Ave
1 to 2 Bedroom Apartments

513 Hartford Ave

513 Hartford AveAurora, IL 60506
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Constitution House
1 Bedroom Apartments

Constitution House

401 N Constitution DrAurora, IL 60506
Senior Living
  • Utilities Included
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Randall West
2 Bedroom Apartments

Randall West

1373 Monomoy StAurora, IL 60506
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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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354 Spruce St
Studio to 1 Bedroom Apartments

354 Spruce St

354 Spruce StAurora, IL 60506
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633 Garfield Ave
1 to 2 Bedroom Apartments

633 Garfield Ave

633 Garfield AveAurora, IL 60506

Cash 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.

Aurora, Montgomery, IL Local Guide

Cheapest Available Aurora Apartments for Rent

 

The cheapest available apartment rental in the Aurora area of Montgomery, IL is a 1 Bed unit found at Leland Tower Apartments priced from $1,175. Downer Place Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,575. Here are the most affordable Aurora apartments for rent in Montgomery, IL:

Apartment ListingModel NameBed/BathPriced From
Leland Tower ApartmentsBenton1BR,1BA$1,175
Downer Place LoftsOne Bedroom1BR,1BA$1,575
ReNew AuroraAvon1BR,1BA$1,710
Montgomery Place ApartmentsJuniper1BR,1BA$1,770

Best Value Apartments for Rent in Aurora, IL

As of October 08, 2025 the best value apartment in the Aurora area is the $1.75 price per square foot One Bedroom Model at Downer Place Lofts in the in the West Side Aurora neighborhood starting from $1,575. The second greatest value Aurora apartment is the Juniper Model at Montgomery Place Apartments starting at $1,770 with a $2.29 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.
Downer Place LoftsOne Bedroom1BR,1BA$1.75
Montgomery Place ApartmentsJuniper1BR,1BA$2.29
ReNew AuroraAshton1BR,1BA$3.30
Leland Tower ApartmentsBenton1BR,1BA$3.13

Quick 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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Pet Friendly Lifestyle
Aurora, Montgomery, IL

Ranked #1

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Aurora Neighborhood in Montgomery, IL

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Aurora Apartments

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

The lowest price for a Cheap One Bedroom Aurora Apartment is $1,175 at Leland Tower Apartments.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.