Cheap Apartments for Rent near Montgomery, LA from $300 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montgomery.

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.

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Fort Polk
$800 - $1,225
Total Monthly Price

Total Monthly Price

Base Rent
$800 - $1,225
Total Monthly Price
$800 - $1,225
2 to 4 Bedroom Apartments Available Now

Fort Polk

5300 Magnolia DrFort Polk, LA 71459
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Somerset Apartments
1 to 2 Bedroom Apartments

Somerset Apartments

400 Somerset DrDeridder, LA 70634
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Green Acres Plaza
2 to 3 Bedroom Apartments

Green Acres Plaza

402 Green Briar StDeridder, LA 70634
Corporate Housing
  • Utilities Included

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.

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Rapides Homes
3 to 4 Bedroom Apartments

Rapides Homes

1306 Autumn Orchard LoopAlexandria, LA 71303
Showing Results 1-30, Page 1 of 1

Montgomery, LA Local Guide

Cheapest Available Montgomery Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montgomery, LA is a 1 Bed unit found at Siegel Select Alexandria priced from $269. Peaks of Ruston - Senior living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $310. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Siegel Select AlexandriaStudio - WEEKLY1BR,1BA$269
Peaks of Ruston - Senior living1x11BR,1BA$310
Chaparral ApartmentsStudioStudio,1BA$604
Royal Crest Apartments1 Bedroom 565 SqFt1BR,1BA$640
500 NorthThe Cane River HC Accessible (1BR)1BR,1BA$645
Tanglewood Apartments1BR/1.0BA1BR,1BA$675
Charleston Square Apartments1 Bed, 1 bath1BR,1BA$690
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$765
Fort Polk2 Bedroom Upstairs2BR,1BA$800
Hermitage Apartments2BR/1.0BA2BR,1BA$800

Best Value Apartments for Rent in Montgomery, LA and Nearby

As of July 24, 2026 the best value apartment in the Montgomery area is the $0.89 price per square foot 2BR/1.0BA Model at Hermitage Apartments in the starting from $800. The second greatest value Montgomery apartment is the 2 Bed 1 Bath Model at Green Ridge Apartments starting at $765 with a $0.87 price per square foot . 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.
Hermitage Apartments2BR/1.0BA2BR,1BA$0.89
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$0.87
Beau Terre1x1 Up1BR,1BA$1.18
Peaks of Ruston - Senior living1x11BR,1BA$0.43
The Melrose Apartments1 Bedroom|1 Bath1BR,1BA$1.32
Charleston Square Apartments1 Bed, 1 bath1BR,1BA$1.04
500 NorthThe Cane River HC Accessible (1BR)1BR,1BA$1.12
Royal Crest Apartments1 Bedroom 565 SqFt1BR,1BA$1.13
Chaparral ApartmentsStudioStudio ,1BA$1.43
Siegel Select AlexandriaStudio - WEEKLY1BR,1BA$1.12

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, LA Rentals by Map

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Frequently Asked Questions about Cheap Montgomery Apartments

What is the Cheapest Studio apartment in Montgomery?

Currently the most affordable Cheap Studio Apartment in Montgomery is at Chaparral Apartments listed at $604.

How much is rent for a Cheap One Bedroom Montgomery Apartment?

The lowest price for a Cheap One Bedroom Montgomery Apartment is $269 at Siegel Select Alexandria.

What is the lowest price for a Cheap Two Bedroom Montgomery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montgomery is starting from $315 at Siegel Select Alexandria.

What is the most affordable Montgomery Three Bedroom Apartment?

The best deal on a cheap Montgomery Three Bedroom Apartment rental is at 500 North and starts from $900.

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

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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.