Cheap Apartments for Rent in the Aurora Neighborhood of Montgomery, IL from $600 (31 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

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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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
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  • Utilities Included
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Autumnwood Apartments
1 to 3 Bedroom Apartments

Autumnwood Apartments

734 N Gladstone AveAurora, IL 60506
  • Utilities Included

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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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

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.

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Lake Pointe
1 to 3 Bedroom Apartments

Lake Pointe

461 N Lake StAurora, IL 60506
  • Utilities Included

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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Showing Results 1-31, 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 Studio apartment currently listed from $1,090. 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 ApartmentsStudioStudio,1BA$1,090
Lakeview Residences0BR/1.0BAStudio,1BA$1,325
The Mayan ApartmentsLuna1BR,1BA$1,545
The LUXE Residences of Aurora 55+ CommunityOne Bedroom Small (LRA-1S)1BR,1BA$1,550
Downer Place Lofts1 Bed/1 Bath1BR,1BA$1,695
Montgomery Place ApartmentsJuniper1BR,1BA$1,827
ReNew AuroraBennett2BR,2BA$1,914
Heyday AuroraDTH La Belle3BR,2BA$3,050

Best Value Apartments for Rent in Aurora, IL

As of July 16, 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 430 Grand Ave Model at 430 Grand Ave, Unit 1 starting at $2,150 with a $1.54 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Heyday AuroraDTH La Belle3BR,2.5BA$1.94
430 Grand Ave, Unit 1430 Grand Ave3BR,1BA$1.54
111 Blackhawk St, Unit 111 Blackhawk Downstairs Unit111 Blackhawk St4BR,1.5BA$2.08
Downer Place Lofts1 Bed/1 Bath1BR,1BA$1.96
Montgomery Place ApartmentsElm1BR,1BA$2.48
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
The Mayan ApartmentsLuna1BR,1BA$2.97
Lakeview Residences0BR/1.0BAStudio ,1BA$2.65

Frequently Asked Questions about Cheap Aurora Apartments

What is the price of a cheap apartment in Aurora?

The cheapest apartment in Aurora is Sage Crest Apartments which is listed at $600, while the average apartment in Aurora costs $17,084.

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 4 regular apartments in Aurora 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 Aurora?

Cheap apartments in Aurora have an average cost of $125 which is $16,959 cheaper than the average rent for all rentals in Aurora.

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.

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