2200 Light Road
OswegoIL60543
Cheap Homes for Rent in Montgomery, IL from $1,350 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery.
56 1/2 Main St
OswegoIL60543
76 Washington St
OswegoIL60543
1034 Fenton St
AuroraIL60505
73 Main St
OswegoIL60543
146 Bertram Dr
YorkvilleIL60560
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.
746 Oakton Rd
MontgomeryIL60538
224 Bertram Dr
YorkvilleIL60560
132 Bertram Dr, Unit A
132 Bertram Dr
YorkvilleIL60560
39 W Anchor Rd
OswegoIL60543
647 Hardin Ave
AuroraIL60506
737 Serendipity Dr
AuroraIL60504
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.
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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 | $2,197 | $1,650 | $2,600 |
| Montgomery 3 Bedroom Homes for Rent | $2,631 | $1,950 | $3,700 |
| Montgomery 4 Bedroom Homes for Rent | $3,305 | $2,350 | $5,200 |
| Montgomery 5 Bedroom Homes for Rent | $3,670 | $2,200 | $4,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Montgomery, IL Local Guide
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Cheapest Neighborhoods for Apartments in Montgomery, IL
Pricing Updated: 08/26/2026Current apartment rentals in the Montgomery, IL area range in price from $600 to $4,177 with an overall median price of $2,497. Here is today’s list neighborhoods with the lowest median pricing for Montgomery Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Aurora | $2,233 | $600 | 42 |
| Blackberry Crossing West | $2,590 | $1,200 | 59 |
| Orchard Prairie North | $2,590 | $1,070 | 60 |
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 1 Bed apartment currently listed from $1,250. 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 | 1 Bedroom | 1BR,1BA | $1,250 |
| Leland Tower Apartments | New York | 1BR,1BA | $1,300 |
| Lakeview Residences | Lakeview Residences Studio 1 Bath Apartment | Studio,1BA | $1,325 |
| Haoyue Investments LLC | 2 Bedroom and 1 Bathroom with Deck | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in Montgomery, IL
As of August 26, 2026 the best value apartment in the Montgomery 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 Montgomery apartment is the Accera Model at Bristol Bay of Yorkville starting at $2,600 with a $1.75 price per square foot in the Blackberry Crossing West 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. |
|---|---|---|---|
| Heyday Aurora | DTH La Belle | 3BR,2.5BA | $1.94 |
| Bristol Bay of Yorkville | Accera | 2BR,2.5BA | $1.75 |
| Redwood Oswego | Forestwood | 2BR,2BA | $1.93 |
| The Reserve at Summerfield | Corbusier - Renovated | 2BR,2BA | $1.92 |
| Haoyue Investments LLC | 2 Bedroom and 1 Bathroom with Patio | 2BR,1BA | $1.79 |
| Fox Pointe | 2B2B | 2BR,2BA | $1.72 |
| Downer Place Lofts | 1 Bed/1 Bath | 1BR,1BA | $1.96 |
| Leland Tower Apartments | New York | 1BR,1BA | $1.73 |
| Deville Manor | 1 Bedroom | 1BR,1BA | $1.82 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1.78 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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See the most popular apartments and homes in Montgomery, IL
Frequently Asked Questions about Montgomery
What type of rentals are currently available in Montgomery?
There are currently 156 Apartments for Rent in Montgomery, IL with pricing that ranges from $1,070 to $4,177. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $1,350 to $5,200.
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 $1,350 to $5,200 with an average monthly rent of $2,580.
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 $1,821 to $3,611, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $3,425.
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.