Cheap Homes for Rent in Aurora Neighborhood of Montgomery, IL from $1,300 (7 Rentals)

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

property at 140 S River St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

140 S River St, Unit 402

140 S River St
AuroraIL60506

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.

property at 835 Bishop Ave

$2,000 - $2,300

2 To 3 Bedroom Rentals

Available Now

835 Bishop Ave

AuroraIL60506

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.

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 ListingModel NameBed/BathPriced From
ReNew AuroraAshford1BR,1BA$1,400
Keystone Lofts1 Bed, 1 bath1BR,1BA$1,425
Lakeview ResidencesLakeview Residences Studio 1 Bath ApartmentStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Downer Place Lofts2bed/1bath2BR,1BA$1.88
1224 Johnston Dr, Unit Duplex1224 Johnston Dr2BR,1.5BA$1.93
Keystone Lofts1 Bed, 1 bath1BR,1BA$1.44
The Onyx on VictoriaRenovated 2 Bedroom 1 Bathroom Apartment2BR,1BA$1.68
Montgomery Place ApartmentsElm1BR,1BA$2.36
The LUXE Residences of Aurora 55+ CommunityOne Bedroom Small (LRA-1S)1BR,1BA$2.31
ReNew AuroraAshton1BR,1BA$2.93
Lakeview ResidencesLakeview Residences Studio 1 Bath ApartmentStudio ,1BA$2.88

Frequently Asked Questions about Aurora

What type of rentals are currently available in Aurora?

There are currently 136 Apartments for Rent in Aurora, IL with pricing that ranges from $1,090 to $2,877. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Aurora ranging from $1,000 to $3,500.

What is the current price range for Rental Homes in Aurora?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Aurora ranges from $1,000 to $3,500 with an average monthly rent of $2,565.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.