
Cheap Homes for Rent in Montgomery, IL from $1,200 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery.


2500 Light Road

635 N Elmwood Dr

236 Bertram Dr
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.

236 Bertram Dr, Unit 236 Bertram Drive Unit F

122 Bertram Dr

663 Spruce St

600 Fulton St

148 Bertram Dr

124 Bertram Dr

1101 Symphony Dr

11 Cross St
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.
Montgomery, IL Local Guide

How much does it cost to rent a home in Montgomery?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montgomery 2 Bedroom Homes for Rent | $2,256 | $1,795 | $2,600 |
Montgomery 3 Bedroom Homes for Rent | $2,522 | $1,930 | $3,250 |
Montgomery 4 Bedroom Homes for Rent | $3,259 | $2,815 | $3,500 |
Montgomery 5 Bedroom Homes for Rent | $2,847 | $2,800 | $2,895 |
Browse Top Homes for Rent in Montgomery
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Montgomery, IL Local Guide
- Montgomery Neighborhoods
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Cheapest Neighborhoods for Apartments in Montgomery, IL
Pricing Updated: 09/06/2025Current apartment rentals in the Montgomery, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Montgomery Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Aurora | $2,017 | $1,070 | 7 |
Blackberry Crossing West | $2,380 | $1,230 | 37 |
Orchard Prairie North | $2,380 | $1,070 | 38 |
Cheapest Available Montgomery Apartments for Rent
 The cheapest available apartment rental in Montgomery, IL is a 1 Bed unit found at Wedgewood Manor Active Senior Living in the Ashcroft Place neighborhood priced from $1,070. Deville Manor in the Prescott Mill Crossings neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,275. Here is today’s list of the most affordable Montgomery apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1,070 |
Deville Manor | Two Bedroom | 2BR,1BA | $1,275 |
ReNew Aurora | Avon | 1BR,1BA | $1,510 |
Farmington Lakes Apartments | Hawthorn II | 1BR,1BA | $1,563 |
The Reserve at Hudson Crossing | Wilson | Studio,1BA | $1,570 |
Best Value Apartments for Rent in Montgomery, IL
As of September 06, 2025 the best value apartment in the Montgomery area is the $1.65 price per square foot Campania End Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,840. The second greatest value Montgomery apartment is the 2BR Garden Model at Avanterra Wolfs Crossing starting at $2,793 with a $2.07 price per square foot in the Prescott Mill Crossings neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bristol Bay of Yorkville | Campania End | 3BR,2.5BA | $1.65 |
Avanterra Wolfs Crossing | 2BR Garden | 2BR,2.5BA | $2.07 |
Redwood Oswego | Forestwood | 2BR,2BA | $2.01 |
Montgomery Place Apartments | Hickory | 2BR,1BA | $1.93 |
Wilson Pl. / Monroe St. | 205 Wilson Pl. | 2BR,1BA | $2.05 |
Deville Manor | Two Bedroom | 2BR,1BA | $1.41 |
Downer Place Lofts | One Bedroom | 1BR,1BA | $1.96 |
Aurora At Summerfield Apartments | Adler | 1BR,1BA | $2.03 |
Farmington Lakes Apartments | Hawthorn II | 1BR,1BA | $1.94 |
Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1.78 |
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Frequently Asked Questions about Montgomery
What type of rentals are currently available in Montgomery?
There are currently 151 Apartments for Rent in Montgomery, IL with pricing that ranges from $1,070 to $3,554. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $1,200 to $3,500.
What is the current price range for Rental Homes in Montgomery?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montgomery ranges from $1,200 to $3,500 with an average monthly rent of $2,468.
How much are larger Three and Four Bedroom Rentals in Montgomery?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Montgomery range from $1,500 to $3,429, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,930 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,815 and Four Bedroom Apartments start at $3,244.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.