159 N 4th St
AuroraIL60505
Cheap Homes for Rent in Aurora Neighborhood of Montgomery, IL from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Aurora area of Montgomery.
338 Marion Ave
AuroraIL60505
451 Marion Ave
AuroraIL60505
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.
570 5th Ave
AuroraIL60505
115 S Commonwealth Ave
AuroraIL60506
371 Cedar 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.
Showing Results 1-6, Page 1 of 1
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 | $1,891 | $1,300 | $2,300 |
| Aurora 3 Bedroom Homes for Rent | $2,244 | $1,950 | $3,095 |
| Aurora 4 Bedroom Homes for Rent | $3,141 | $2,895 | $3,420 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Aurora Neighborhood of Montgomery, IL.
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Cheapest Available Aurora Apartments for Rent
The cheapest available apartment rental in the Aurora area of Montgomery, IL is a Studio unit found at Lakeview Residences priced from $1,325. ReNew Aurora has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,385. Here are the most affordable Aurora apartments for rent in Montgomery, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeview Residences | Lakeview Residences Studio Apartment | Studio,1BA | $1,325 |
| ReNew Aurora | Alderwood | 1BR,1BA | $1,385 |
| Keystone Lofts | Plan 1 | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Aurora, IL
As of June 01, 2026 the best value apartment in the Aurora area is the $1.85 price per square foot 229 W Downer Pl Model at 229 W Downer Pl, Unit Unit 2 in the in the West Side Aurora neighborhood starting from $1,850. The second greatest value Aurora apartment is the 1 Bed/1 Bath Model at Downer Place Lofts starting at $1,750 with a $2.02 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. |
|---|---|---|---|
| 229 W Downer Pl, Unit Unit 2 | 229 W Downer Pl | 3BR,1BA | $1.85 |
| Downer Place Lofts | 1 Bed/1 Bath | 1BR,1BA | $2.02 |
| The LUXE Residences of Aurora 55+ Community | One Bedroom Small (LRA-1S) | 1BR,1BA | $2.31 |
| ReNew Aurora | Avon | 1BR,1BA | $2.51 |
| Lakeview Residences | Lakeview Residences Studio Apartment | Studio ,1BA | $2.65 |
Frequently Asked Questions about Aurora
What type of rentals are currently available in Aurora?
There are currently 134 Apartments for Rent in Aurora, IL with pricing that ranges from $1,090 to $17,084. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Aurora ranging from $1,275 to $3,420.
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 $1,275 to $3,420 with an average monthly rent of $2,137.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.