
Cheap Apartments for Rent in Montgomery, NY from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.


49 Walnut St

Hawkins Apartments

Loosestrife Fields

174 Clinton St

Water Wheel Apartments

Temple Hill Apartments

Pinecrest
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.

Deerfield Commons

Northgate Manor 55+

Old Forge

Forge Hill

Squire Village Apartments

Sycamore Gardens

Rockwood Gardens Apartments

Hudson Valley Apartments
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.

High Pointe Senior Apartments 55+

Sherwood Forest Garden Apartments

Slatewood Apartments

Carriage Hill Apartments

Summit Lane Luxury Apartments

Total Monthly Price
Stevens Manor Apartments

Summit Terrace Luxury Apartments

Imperial Gardens Apartment Homes
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Meadow Ridge Luxury Apartments

Mountainview Village

Stoneridge Manor Apartments

503 Bluestone Ct

Brigham House Apartments

Knox Village

The 211 Luxury Lofts

Crestwood Apartments
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.

Kensington Manor

Cottage Suites

1931 NY-52

84 Foster Rd

27 Weathervane Dr

19 Bloomingburg Rd

171 Lake Shore Dr

239 W Main St
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.
Montgomery, NY Local Guide

How much does it cost to rent an apartment in Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery Studio Apartments | $1,460 | $1,460 | $1,460 |
| Montgomery 1 Bedroom Apartments | $1,955 | $486 | $2,913 |
| Montgomery 2 Bedroom Apartments | $2,302 | $716 | $3,578 |
| Montgomery 3 Bedroom Apartments | $2,397 | $1,453 | $3,157 |
Browse Top Apartments in Montgomery
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Montgomery, NY Local Guide
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Cheapest Available Montgomery Apartments for Rent and Nearby
 The cheapest available apartment rental in Montgomery, NY is a 1 Bed unit found at Temple Hill Apartments in the Grove at New Windsor neighborhood priced from $607. Knox Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,555. Here is today’s list of the most affordable Montgomery apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Temple Hill Apartments | Temple Hill 1 - 1BR | 1BR,1BA | $607 |
| Knox Village | 1 Bedroom | 1BR,1BA | $1,555 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $1,600 |
| Rockwood Gardens Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,750 |
| High Pointe Senior Apartments 55+ | Renovated 1br | 1BR,1BA | $1,795 |
| Slatewood Apartments | 1 Bed | 1BR,1BA | $1,850 |
| Carriage Hill Apartments | 1BR/ 1BA EXECUTIVE | 1BR,1BA | $1,875 |
| Stevens Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1,900 |
| Imperial Gardens Apartment Homes | One Bedroom-772 sqft | 1BR,1BA | $1,915 |
| Stoneridge Manor Apartments | 2 Beds, 2 baths | 2BR,2BA | $2,000 |
Best Value Apartments for Rent in Montgomery, NY and Nearby
As of June 11, 2026 the best value apartment in the Montgomery area is the $2.32 price per square foot Piedmont Model at Meadow Ridge Luxury Apartments in the in the Brighton Green neighborhood starting from $2,750. The second greatest value Montgomery apartment is the 2 BRM Model at Briarwood House starting at $2,320 with a $2.32 price per square foot in the Middletown Goshen 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. |
|---|---|---|---|
| Meadow Ridge Luxury Apartments | Piedmont | 2BR,2BA | $2.32 |
| Briarwood House | 2 BRM | 2BR,1BA | $2.32 |
| Mountainview Village | B1 | 2BR,1BA | $2.21 |
| Sycamore Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.41 |
| Slatewood Apartments | 1 Bed | 1BR,1BA | $2.39 |
| Temple Hill Apartments | Temple Hill 4 - 1Br | 1BR,1BA | $1.77 |
| Imperial Gardens Apartment Homes | One Bedroom-772 sqft | 1BR,1BA | $2.48 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $2.08 |
| Knox Village | 1 Bedroom | 1BR,1BA | $2.05 |
| Rockwood Gardens Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.46 |
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 ArticleReal 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.
Best Local Schools in Montgomery, NY
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montgomery, NY Rentals by Map
See the most popular apartments and homes in Montgomery, NY
Frequently Asked Questions about Cheap Montgomery Apartments
How much is rent for a Cheap One Bedroom Montgomery Apartment?
The lowest price for a Cheap One Bedroom Montgomery Apartment is $607 at Temple Hill Apartments.
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 $1,810 at Knox Village.
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

Poughkeepsie Insider: Discovering the City's Hidden Gem Neighborhood for Affordable Renting
Written by: Chris Munier
I am Chris, Local Expert for AppartmentHomeLiving.com for Poughkeepsie, New York. I have been a member of the community since 2000, and have witnessed its transformative growth.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.