Cheap Homes for Rent in Montgomery, IL from $1,200 (14 Rentals)

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property at 2761 Jenna Cir

2761 Jenna Cir

MontgomeryIL60538

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.

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

Cheapest Neighborhoods for Apartments in Montgomery, IL

Pricing Updated: 09/06/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Aurora$2,017$1,0707
Blackberry Crossing West$2,380$1,23037
Orchard Prairie North$2,380$1,07038

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 ListingModel NameBed/BathPriced From
Wedgewood Manor Active Senior LivingB1BR,1BA$1,070
Deville ManorTwo Bedroom2BR,1BA$1,275
ReNew AuroraAvon1BR,1BA$1,510
Farmington Lakes ApartmentsHawthorn II1BR,1BA$1,563
The Reserve at Hudson CrossingWilsonStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bristol Bay of YorkvilleCampania End3BR,2.5BA$1.65
Avanterra Wolfs Crossing2BR Garden2BR,2.5BA$2.07
Redwood OswegoForestwood2BR,2BA$2.01
Montgomery Place ApartmentsHickory2BR,1BA$1.93
Wilson Pl. / Monroe St.205 Wilson Pl.2BR,1BA$2.05
Deville ManorTwo Bedroom2BR,1BA$1.41
Downer Place LoftsOne Bedroom1BR,1BA$1.96
Aurora At Summerfield ApartmentsAdler1BR,1BA$2.03
Farmington Lakes ApartmentsHawthorn II1BR,1BA$1.94
Wedgewood Manor Active Senior LivingB1BR,1BA$1.78

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Location, Location, Location!

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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.

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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.

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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.

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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.

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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.