
Cheap Homes for Rent in 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.


1131 Johnston Dr

140 S River St, Unit 402
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.

2280-2282 Jericho Rd

729 Claim St

835 Bishop Ave
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.

114 Martin Ave
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 | $2,032 | $1,350 | $2,700 |
| Aurora 3 Bedroom Homes for Rent | $2,495 | $1,000 | $2,999 |
| Aurora 4 Bedroom Homes for Rent | $2,898 | $2,650 | $3,045 |
| Aurora 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
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 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 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

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.