
Cheap Homes for Rent in the Aurora Neighborhood of Montgomery, IL from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Aurora area of Montgomery.


148 N Root St

451 Marion Ave
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.

86 N 4th St

724 Oakton Rd

614 S Lincoln Ave, Unit 1
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.

161 N Ohio St
Aurora, Montgomery, IL Local Guide

How much does it cost to rent a home in Aurora?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Aurora 2 Bedroom Homes for Rent | $1,839 | $1,395 | $2,500 |
| Aurora 3 Bedroom Homes for Rent | $2,735 | $1,800 | $3,700 |
| Aurora 4 Bedroom Homes for Rent | $2,786 | $2,205 | $3,335 |
| Aurora 5 Bedroom Homes for Rent | $2,245 | $2,245 | $2,245 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Aurora Neighborhood of Montgomery, IL.
Explore Montgomery
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sage Crest Apartments | 3 Beds, 1 bath | 3BR,1BA | $600 |
| Leland Tower Apartments | Studio | Studio,1BA | $1,090 |
| Lakeview Residences | 0BR/1.0BA | Studio,1BA | $1,325 |
Best Value Apartments for Rent in Aurora, IL
As of July 26, 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 544 E New York St Model at 544 E New York St starting at $1,500 with a $1.00 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. |
|---|---|---|---|
| Heyday Aurora | DTH La Belle | 3BR,2.5BA | $1.94 |
| 544 E New York St | 544 E New York St | 2BR,1BA | $1.00 |
| 430 Grand Ave, Unit 1 | 430 Grand Ave | 3BR,1BA | $1.42 |
| 111 Blackhawk St, Unit 111 Blackhawk Downstairs Unit | 111 Blackhawk St | 4BR,1.5BA | $2.08 |
| 70 S Chestnut St, Unit 3 rd | 70 S Chestnut St | 3BR,1BA | $2.11 |
| Downer Place Lofts | 1 Bed/1 Bath | 1BR,1BA | $1.96 |
| Montgomery Place Apartments | Elm | 1BR,1BA | $2.33 |
| ReNew Aurora | Bennett | 2BR,2BA | $2.45 |
| The LUXE Residences of Aurora 55+ Community | One Bedroom Small (LRA-1S) | 1BR,1BA | $2.31 |
| Sage Crest Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.00 |
Frequently Asked Questions about Aurora
What type of rentals are currently available in Aurora?
There are currently 137 Apartments for Rent in Aurora, IL with pricing that ranges from $600 to $4,177. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Aurora ranging from $1,395 to $3,700.
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 $1,395 to $3,700 with an average monthly rent of $2,401.
How much are larger Three and Four Bedroom Rentals in Aurora?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Aurora range from $600 to $3,611, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,205 and Four Bedroom Apartments start at $2,500.
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

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.