Cheap Apartments for Rent near Montgomery, LA from $317 (51 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
Rent Specials
$800 - $1,225

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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500 North
1 to 4 Bedroom Apartments

500 North

500 North StNatchitoches, LA 71457

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
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Somerset Apartments
1 to 2 Bedroom Apartments

Somerset Apartments

400 Somerset DrDeridder, LA 70634
  • 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
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Nottingham Apartments
1 to 3 Bedroom Apartments

Nottingham Apartments

4400 Queen Elizabeth CtAlexandria, LA 71303
Corporate Housing
  • Utilities Included
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Riverbend
3 to 4 Bedroom Apartments

Riverbend

300 Riverbend DrAlexandria, LA 71302
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 2

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 $272. Palmwood Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $589. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Siegel Select AlexandriaStudio - WEEKLY1BR,1BA$272
Palmwood Place1 Bed/1 Bath1BR,1BA$589
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
Beau Terre1x1 Up1BR,1BA$885

Best Value Apartments for Rent in Montgomery, LA and Nearby

As of September 08, 2026 the best value apartment in the Montgomery area is the $1.09 price per square foot C1 Model at Mason Estates in the starting from $1,500. The second greatest value Montgomery apartment is the 3 Bedroom Model at The Preserve at Tech starting at $708 with a $0.53 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.
Mason EstatesC13BR,2BA$1.09
The Preserve at Tech3 Bedroom3BR,3BA$0.53
Walden Apartment Homes3BR/2.0BA3BR,2BA$0.75
Palmwood Place4 Bed/1.5 Bath4BR,1.5BA$0.95
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$0.87
The Annex of Ruston2 Bed 2 Bath2BR,2BA$1.01
Charleston Square Apartments1 Bed, 1 bath1BR,1BA$1.04
Tanglewood Apartments1BR/1.0BA1BR,1BA$1.08
500 NorthThe Cane River HC Accessible (1BR)1BR,1BA$1.12
Siegel Select AlexandriaStudio - WEEKLY1BR,1BA$1.13

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

Explore Montgomery, LA Rentals by Map

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See the most popular apartments and homes in Montgomery, LA

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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 $272 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 $317 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 Palmwood Place and starts from $819.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.