
Cheap Apartments for Rent in Montgomery, NY from $400 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.


49 Walnut St

1232 NY-17

Hawkins Apartments

Loosestrife Fields

174 Clinton St

Water Wheel Apartments

2126 NY-17K

1084 NY-17K

Temple Hill Apartments
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.

Pinecrest

Deerfield Commons

Northgate Manor 55+

Old Forge

Forge Hill

Squire Village Apartments

Squire Village Apartments

Sycamore Gardens

Hudson Valley Apartments

Rockwood Gardens Apartments
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.

High Pointe Senior Apartments 55+

Knox Village

Sherwood Forest Garden Apartments

Slatewood Apartments

Carriage Hill Apartments

Total Monthly Price
Country Manor Apartments

Summit Lane Luxury Apartments

Summit Terrace Luxury Apartments

Total Monthly Price
Stevens Manor Apartments

Meadow Ridge Luxury Apartments
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

Imperial Gardens Apartment Homes

Mountainview Village

503 Bluestone Ct

Boulder Pointe Apartments

Northwoods Apartments

Farrell Communities at Gardnertown

Reserve at Lakeside 55+

Briarwood House Apartments

The Park At Main
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 Regency Club

Brigham House Apartments

Crestwood Apartments

The 211 Luxury Lofts

Kensington Manor

Cottage Suites

22 Center St

Golf Links Apartments

19 Innis Ave

62 Orrs Mills Rd
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 | $1,460 | $1,460 | $1,460 |
| Montgomery 1 Bedroom Apartments | $1,911 | $486 | $2,909 |
| Montgomery 2 Bedroom Apartments | $2,351 | $716 | $3,453 |
| Montgomery 3 Bedroom Apartments | $2,263 | $1,453 | $3,136 |
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 | $1,600 |
| Rockwood Gardens Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,750 |
| Hudson Valley Apartments | One Bedrooms | 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 |
| Country Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1,875 |
Best Value Apartments for Rent in Montgomery, NY and Nearby
As of July 27, 2026 the best value apartment in the Montgomery area is the $1.88 price per square foot B3 Model at Mountainview Village in the in the Grove at New Windsor neighborhood starting from $2,250. The second greatest value Montgomery apartment is the 1BR/Den/1.5BA Model at The Regency Club starting at $2,400 with a $2.09 price per square foot in the Presidential Heights 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. |
|---|---|---|---|
| Mountainview Village | B3 | 2BR,1BA | $1.88 |
| The Regency Club | 1BR/Den/1.5BA | 1BR,1.5BA | $2.09 |
| Sherwood Forest Garden Apartments | 1x1 | 1BR,1BA | $1.87 |
| 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 |
| Slatewood Apartments | 1 Bed | 1BR,1BA | $2.39 |
| Temple Hill Apartments | Temple Hill 4 - 1Br | 1BR,1BA | $1.77 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $2.08 |
| Knox Village | 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 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 $1,650 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.

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.

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.