
Cheap Apartments for Rent in Montgomery, NY from $486 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.


1232 NY-17

26 Railroad Ave

Hawkins Apartments

Loosestrife Fields

698 Bullville Rd

Water Wheel Apartments

Temple Hill Apartments

Pinecrest

Deerfield Commons
Poughkeepsie Insider: Discovering the City's Hidden Gem Neighborhood for Affordable Renting
Explore Poughkeepsie's diverse neighborhoods, from the historic Academy Street District to the scenic Waterfront. Learn about colleges, NYC access, and community.

Northgate Manor 55+

Old Forge

Forge Hill

Squire Village Apartments

Hudson Valley Apartments

Squire Village Apartments

Sycamore Gardens

Rockwood Gardens Apartments

Crestwood Apartments

High Pointe Senior Apartments 55+
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.

Knox Village

Farrell Communities at Gardnertown

Sherwood Forest Garden Apartments

Slatewood Apartments

Carriage Hill Apartments

Total Monthly Price
Country Manor Apartments

Summit Terrace Luxury Apartments

Summit Lane Luxury Apartments

Total Monthly Price
Stevens Manor Apartments

Imperial Gardens Apartment Homes
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.

Stoneridge Manor Apartments

Mountainview Village

Meadow Ridge Luxury Apartments

Boulder Pointe Apartments

Northwoods Apartments

Reserve at Lakeside 55+

Briarwood House Apartments

The Park At Main

Brigham House Apartments

58 Peebles Ln
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.

The 211 Luxury Lofts

Kensington Manor

Cottage Suites

7 S High St

64 Orrs Mills Rd

Golf Links Apartments

571 Temple Hill Rd

89 N Montgomery St

54-56-56 Valley Ave

2 Fortune Rd W
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.
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 | $1,555 | $1,460 | $1,650 |
| Montgomery 1 Bedroom Apartments | $1,917 | $486 | $2,775 |
| Montgomery 2 Bedroom Apartments | $2,340 | $716 | $3,453 |
| Montgomery 3 Bedroom Apartments | $2,219 | $1,453 | $3,116 |
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. Squire Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. 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 |
| Squire Village Apartments | One bedroom | 1BR,1BA | $1,550 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $1,700 |
| Crestwood Apartments | 1-Bedroom | 1BR,1BA | $1,750 |
| Rockwood Gardens Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,750 |
| Hawkins Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,750 |
| High Pointe Senior Apartments 55+ | Renovated 1br | 1BR,1BA | $1,795 |
| Knox Village | 1 Bedroom | 1BR,1BA | $1,800 |
| Sherwood Forest Garden Apartments | 1x1 | 1BR,1BA | $1,825 |
| Slatewood Apartments | 1 Bed | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Montgomery, NY and Nearby
As of September 10, 2026 the best value apartment in the Montgomery area is the $2.12 price per square foot Westchester Model at Summit Terrace Luxury Apartments in the in the Brighton Green neighborhood starting from $2,500. The second greatest value Montgomery apartment is the 2x1 Model at Sherwood Forest Garden Apartments starting at $2,250 with a $2.07 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. |
|---|---|---|---|
| Summit Terrace Luxury Apartments | Westchester | 2BR,2BA | $2.12 |
| Sherwood Forest Garden Apartments | 2x1 | 2BR,1BA | $2.07 |
| Mountainview Village | B1 | 2BR,1BA | $2.14 |
| Meadow Ridge Luxury Apartments | Brooks 55+ | 1BR,1BA | $2.29 |
| Carriage Hill Apartments | 1BR/ 1BA Deluxe | 1BR,1BA | $2.27 |
| Squire Village Apartments | One bedroom | 1BR,1BA | $1.94 |
| Hawkins Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.26 |
| Temple Hill Apartments | Temple Hill 4 - 1Br | 1BR,1BA | $1.77 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $2.21 |
| Crestwood Apartments | 1-Bedroom | 1BR,1BA | $2.37 |
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 ArticleNavigating 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.
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
School data provided by Great Schools
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 $1,650 at Squire Village Apartments.
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.

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.

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.

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.