
Cheap Homes for Rent in Montgomery, IN from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery.


1103 Broadway St

332 N French St
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.

1014 R St

1417 18th St

210 O 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, IN 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 | $1,302 | $900 | $1,750 |
Montgomery 3 Bedroom Homes for Rent | $1,745 | $928 | $2,250 |
Montgomery 4 Bedroom Homes for Rent | $2,050 | $1,150 | $2,500 |
Montgomery 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Montgomery
Explore Montgomery
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 2 Beds unit found at West Baden Lofts priced from $460. Canadian Apartments in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Montgomery apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
West Baden Lofts | 2 bedroom | 2BR,2BA | $460 |
Canadian Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
Southern Meadows Senior Living | 1 Bed Apt | 1BR,1BA | $750 |
Best Value Apartments for Rent in Montgomery, IN and Nearby
As of September 10, 2025 the best value apartment in the Montgomery area is the $1.04 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,595. The second greatest value Montgomery apartment is the Three Bedroom Townhome Model at Nile Ridge Townhomes starting at $1,785 with a $1.16 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. |
---|---|---|---|
Circle Point Villas | 3BR Villa | 3BR,2BA | $1.04 |
Nile Ridge Townhomes | Three Bedroom Townhome | 3BR,3.5BA | $1.16 |
Sullivan Downtown Townhomes | Single Family Home | 3BR,2.5BA | $1.16 |
Beacon Hill | Beacon Hill - 3 Bed/2 Bath | 3BR,2BA | $1.06 |
Park on Morton | 2x2 Corner - Classic | 2BR,2BA | $1.19 |
Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
The League Bloomington | 10 North 2x2 Penthouse | 2BR,2BA | $0.99 |
West Baden Lofts | 2 bedroom | 2BR,2BA | $0.48 |
The Monroe | B2 | 2BR,2BA | $1.22 |
Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.22 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Montgomery
What type of rentals are currently available in Montgomery?
There are currently 52 Apartments for Rent in Montgomery, IN with pricing that ranges from $460 to $6,499. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $900 to $3,000.
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 $3,000 with an average monthly rent of $2,024.
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 $530 to $2,943, while Three Bedroom Homes, Condos, and Townhomes for rent range from $928 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $599.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.