
Cheap Apartments for Rent near Montgomery, OH from $1,090 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.


Arrowhead Apartments

6926 Silverton Ave

The Villages at Symmes Crossing

Arbors of Montgomery

Total Monthly Price
The Reserve at Glenbridge

Aspire Kenwood

Olde 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.

Deer Ridge Apartments

River Ridge

Approach at Summit Park

Woodland Apartments

Hosbrook Manor

4330 Oakwood Ave

4412 Duneden Ave

629 Maple Dr
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.

33 Gahl Terrace

Longfield Apartments in Maderia

The Oaks of Kenwood

2085 Cosmos Dr

Hunter's Creek Apartments

Town Square Senior Apartments - 62 and over

Harpers Point Apartments*

Deercross Apartments
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.

Aspire Kenwood Apartments

Latitude at Deerfield Crossing

Olde Towne in Kenwood

8301 York St

Altura Apartments

7126 Ohio Ave

619 Mulberry St

3718 Charloe Ct
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.

Bishops Gate at Somerset

6735 Plainfield Rd

Indian Creek Apartments and Townhomes
Montgomery, OH Local Guide

How much does it cost to rent an apartment in Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery Studio Apartments | $1,664 | $1,406 | $1,812 |
| Montgomery 1 Bedroom Apartments | $1,746 | $1,195 | $2,716 |
| Montgomery 2 Bedroom Apartments | $2,166 | $1,222 | $4,299 |
| Montgomery 3 Bedroom Apartments | $2,780 | $1,930 | $3,229 |
Browse Top Apartments in Montgomery
See all Apartments in MontgomeryExplore Montgomery
Montgomery, OH Local Guide
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Cheapest Available Montgomery Apartments for Rent and Nearby
 The cheapest available apartment rental in Montgomery, OH is a 1 Bed unit found at 4330 Oakwood Ave in the Madeira neighborhood priced from $900. Arrowhead Apartments in the Hearthstone Estates neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,131. Here is today’s list of the most affordable Montgomery apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4330 Oakwood Ave | 1BR/1.0BA | 1BR, 1BA | $900 |
| Arrowhead Apartments | Merlot | 2BR, 1BA | $1,131 |
| The Villages at Symmes Crossing | Infinity | 1BR, 1BA | $1,185 |
| Timber Ridge Apartments | The Maple: 2 Bedroom, 1 Bath | 2BR, 1BA | $1,245 |
| Harpers Point Apartments* | The Newport | 1BR, 1BA | $1,338 |
| Arbors of Montgomery | 1 Bedroom 1 Bathroom | 1BR, 1BA | $1,360 |
| Latitude at Deerfield Crossing | Escape | 1BR, 1BA | $1,365 |
| The Reserve at Glenbridge | A1 | 1BR, 1BA | $1,395 |
| Altura Apartments | Milan | 1BR, 1BA | $1,424 |
| Deer Ridge Apartments | Concord 2B | 2BR, 2BA | $1,528 |
Best Value Apartments for Rent in Montgomery, OH and Nearby
As of September 18, 2026 the best value apartment in the Montgomery area is the $1.57 price per square foot Blair I & II Model at Indian Creek Apartments and Townhomes in the Madeira neighborhood starting from $2,095. The second greatest value Montgomery apartment is the One Bedroom Townhome with Office Model at Wellington Place in the Hearthstone Estates neighborhood starting at $1,695 with a $1.54 price per square foot. 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. |
|---|---|---|---|
| Indian Creek Apartments and Townhomes | Blair I & II | 2BR, 2BA | $1.57 |
| Wellington Place | One Bedroom Townhome with Office | 1BR, 2.5BA | $1.54 |
| Walnut Creek Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR, 1.5BA | $1.57 |
| Olde Montgomery | 250 | 2BR, 1.5BA | $1.52 |
| Deer Ridge Apartments | Concord 2B | 2BR, 2BA | $1.48 |
| McCauly Crossing | B1 | 2BR, 1BA | $1.75 |
| Timber Ridge Apartments | The Maple: 2 Bedroom, 1 Bath | 2BR, 1BA | $1.38 |
| Arrowhead Apartments | Merlot | 2BR, 1BA | $1.31 |
| The Villages at Symmes Crossing | Infinity | 1BR, 1BA | $1.69 |
| 4330 Oakwood Ave | 1BR/1.0BA | 1BR, 1BA | $1.33 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montgomery, OH Rentals by Map
See the most popular apartments and homes in Montgomery, OH
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 Altura Apartments listed at $1,434.
How much is rent for a Cheap One Bedroom Montgomery Apartment?
The lowest price for a Cheap One Bedroom Montgomery Apartment is $900 at 4330 Oakwood Ave.
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 $1,131 at Arrowhead Apartments.
What is the most affordable Montgomery Three Bedroom Apartment?
The best deal on a cheap Montgomery Three Bedroom Apartment rental is at Walnut Creek Townhomes and starts from $1,875.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.