
Cheap Apartments for Rent in the Aurora Neighborhood of Montgomery, IL from $600 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Aurora area of Montgomery.


305 N View St

1009 Allaire Ave
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.

Sage Crest Apartments

Autumnwood Apartments

Village West Apartments
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.

Forest Ridge
Aurora, Montgomery, IL Local Guide

How much does it cost to rent an apartment in Aurora?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Aurora Studio Apartments | $1,210 | $1,090 | $1,440 |
| Aurora 1 Bedroom Apartments | $1,547 | $1,100 | $1,851 |
| Aurora 2 Bedroom Apartments | $1,886 | $1,300 | $2,203 |
| Aurora 3 Bedroom Apartments | $2,690 | $2,503 | $2,877 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Aurora Neighborhood of Montgomery, IL.
See all Apartments in MontgomeryExplore Montgomery
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 ReNew Aurora priced from $1,400. Keystone Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,425. Here are the most affordable Aurora apartments for rent in Montgomery, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ReNew Aurora | Ashford | 1BR,1BA | $1,400 |
| Keystone Lofts | 1 Bed, 1 bath | 1BR,1BA | $1,425 |
| Lakeview Residences | Lakeview Residences Studio 1 Bath Apartment | Studio,1BA | $1,440 |
Best Value Apartments for Rent in Aurora, IL
As of March 02, 2026 the best value apartment in the Aurora area is the $1.88 price per square foot 2bed/1bath Model at Downer Place Lofts in the in the West Side Aurora neighborhood starting from $2,150. The second greatest value Aurora apartment is the 1224 Johnston Dr Model at 1224 Johnston Dr, Unit Duplex starting at $1,950 with a $1.93 price per square foot in the West Side Aurora neighborhood. Here is today’s list of the best values for Aurora apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Downer Place Lofts | 2bed/1bath | 2BR,1BA | $1.88 |
| 1224 Johnston Dr, Unit Duplex | 1224 Johnston Dr | 2BR,1.5BA | $1.93 |
| Keystone Lofts | 1 Bed, 1 bath | 1BR,1BA | $1.44 |
| The Onyx on Victoria | Renovated 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1.68 |
| Montgomery Place Apartments | Elm | 1BR,1BA | $2.36 |
| The LUXE Residences of Aurora 55+ Community | One Bedroom Small (LRA-1S) | 1BR,1BA | $2.31 |
| ReNew Aurora | Ashton | 1BR,1BA | $2.93 |
| Lakeview Residences | Lakeview Residences Studio 1 Bath Apartment | Studio ,1BA | $2.88 |
Frequently Asked Questions about Cheap Aurora Apartments
What is the price of a cheap apartment in Aurora?
The cheapest apartment in Aurora is ReNew Aurora which is listed at $1,400, while the average apartment in Aurora costs $2,503.
What types of apartments are the cheapest in Aurora?
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 6 regular apartments in Aurora that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.