
Cheap Homes for Rent in Montgomery, IL from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery.


159 N 4th St

561 Ashland Ave

208 Wilder St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

460 W Downer Pl

2700 Light Road

128 Bertram Dr

144 Bertram Dr, Unit G
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $2,183 | $1,800 | $2,595 |
Montgomery 3 Bedroom Homes for Rent | $2,562 | $1,650 | $3,300 |
Montgomery 4 Bedroom Homes for Rent | $3,300 | $3,100 | $3,500 |
Montgomery 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent in Montgomery
Explore Montgomery
Montgomery, IL Local Guide
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Cheapest Neighborhoods for Apartments in Montgomery, IL
Pricing Updated: 05/28/2025Current 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 | $2,840 | $600 | 31 |
Blackberry Crossing West | $3,162 | $1,300 | 45 |
Orchard Prairie North | $3,162 | $1,200 | 44 |
Cheapest Available Montgomery Apartments for Rent and Nearby
 The cheapest available apartment rental in Montgomery, IL is a 1 Bed unit found at Deville Manor in the Prescott Mill Crossings neighborhood priced from $460. Leland Tower Apartments in the West Side Aurora neighborhood has the second lowest priced unit, which is a 1 Bed 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 |
---|---|---|---|
Deville Manor | One Bedroom | 1BR,1BA | $460 |
Leland Tower Apartments | New York | 1BR,1BA | $1,275 |
The Reserve at Hudson Crossing | Harrison | Studio,1BA | $1,365 |
Best Value Apartments for Rent in Montgomery, IL and Nearby
As of May 28, 2025 the best value apartment in the Montgomery area is the $1.73 price per square foot Campania End Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,985. The second greatest value Montgomery apartment is the 3BR Vista Model at Avanterra Wolfs Crossing starting at $3,149 with a $2.04 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 | $1.73 |
Avanterra Wolfs Crossing | 3BR Vista | 3BR,2.5BA | $2.04 |
Redwood Oswego | Haydenwood | 2BR,2BA | $1.92 |
Downer Place Lofts | 2bed/1bath | 2BR,1BA | $1.67 |
Deville Manor | Two Bedroom | 2BR,1BA | $1.11 |
Fox Pointe Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.57 |
Covey at Fox Valley Apartments | Sanctuary | 2BR,1BA | $2.15 |
Farmington Lakes Apartments | Hawthorn II | 1BR,1BA | $2.09 |
Lakeview Residences | B1 | 2BR,1BA | $2.22 |
Montgomery Place Apartments | Juniper | 1BR,1BA | $2.29 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Montgomery
What type of rentals are currently available in Montgomery?
There are currently 147 Apartments for Rent in Montgomery, IL with pricing that ranges from $1,070 to $3,769. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $900 to $5,000.
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 $900 to $5,000 with an average monthly rent of $2,883.
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 $1,653 to $3,769, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,300. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $2,050.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.