108 E Main St
PetersburgIN47567
Cheap Homes for Rent in Montgomery, IN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery.
1520 Main St
VincennesIN47591
107 S 3rd St
HollandIN47541
332 N French St
SullivanIN47882
5054 IN-56
JasperIN47546
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
842 W Popcorn Rd
BloomingtonIN47403
574 N Virgil St
JasonvilleIN47438
1103 Broadway St
VincennesIN47591
102 N Seminary St
PrincetonIN47670
301 Crist St
WorthingtonIN47471
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.
Showing Results 1-10, Page 1 of 1
Montgomery, IN Local Guide
Church in Montgomery by Chris Flook is licensed under CC BY 4.0
How much does it cost to rent a home in Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery 2 Bedroom Homes for Rent | $1,211 | $900 | $2,100 |
| Montgomery 3 Bedroom Homes for Rent | $1,911 | $782 | $3,300 |
| Montgomery 4 Bedroom Homes for Rent | $2,333 | $2,000 | $2,500 |
| Montgomery 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Montgomery
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Montgomery, IN Local Guide
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Cheapest Available Montgomery Apartments for Rent and Nearby
The cheapest available apartment rental in Montgomery, IN is a 1 Bed unit found at Ironton at Shoals priced from $650. Cine Senior Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $690. Here is today’s list of the most affordable Montgomery apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $650 |
| Cine Senior Apartments | Two Bedroom | 2BR,1BA | $690 |
| Southern Meadows Senior Living | 1 Bed Apt | 1BR,1BA | $750 |
Best Value Apartments for Rent in Montgomery, IN and Nearby
As of May 17, 2026 the best value apartment in the Montgomery area is the $1.35 price per square foot 4 Bedroom TH Model at Hidden Hills at Oakdale in the in the Downtown Bloomington IN neighborhood starting from $1,760. The second greatest value Montgomery apartment is the 3x3 Balcony - Classic Model at The Park on Morton starting at $1,054 with a $0.82 price per square foot in the Downtown Bloomington IN 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. |
|---|---|---|---|
| Hidden Hills at Oakdale | 4 Bedroom TH | 4BR,2BA | $1.35 |
| The Park on Morton | 3x3 Balcony - Classic | 3BR,3BA | $0.82 |
| Baldwin Heights | 2 Bedroom | 2BR,1BA | $1.18 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.10 |
| Aspen Bloomington | Frisco A 2x2 | 2BR,2BA | $1.31 |
| The Quarters Bloomington | D2 - 2x2 | 2BR,2BA | $1.15 |
| Sunrise Suites Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.33 |
| Woodland Springs | 2 Bedroom | 2BR,1BA | $1.16 |
| The Monroe | B2 | 2BR,2BA | $1.18 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.00 |
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.
Read Article
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Explore Montgomery, IN Rentals by Map
See the most popular apartments and homes in Montgomery, IN
Frequently Asked Questions about Montgomery
What type of rentals are currently available in Montgomery?
There are currently 60 Apartments for Rent in Montgomery, IN with pricing that ranges from $425 to $3,455. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $650 to $8,508.
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 $650 to $8,508 with an average monthly rent of $1,949.
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 $835 to $2,739, while Three Bedroom Homes, Condos, and Townhomes for rent range from $782 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $785.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.