Cheap Homes for Rent near Montgomery, OH from $825 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in Montgomery.

property at 1010 Reading Rd

$1,075

1 Bedroom, 1 Bath Home for Rent

Available Now

1010 Reading Rd

MasonOH45040

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.

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.

Montgomery, OH Local Guide

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 $925. Arrowhead Apartments in the Hearthstone Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,019. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
4330 Oakwood Ave1BR/1.0BA1BR,1BA$925
Arrowhead ApartmentsRiesling1BR,1BA$1,019
Timber Ridge ApartmentsThe Maple: 2 Bedroom, 1 Bath2BR,1BA$1,245
Harpers Point Apartments*The Escondido1BR,1BA$1,285
Arbors of Montgomery1 Bedroom 1 Bathroom1BR,1BA$1,360

Best Value Apartments for Rent in Montgomery, OH and Nearby

As of August 24, 2026 the best value apartment in the Montgomery area is the $1.63 price per square foot Blair I & II Model at Indian Creek Apartments and Townhomes in the in the Madeira neighborhood starting from $2,175. The second greatest value Montgomery apartment is the Two Bedroom Townhome Model at Wellington Place starting at $1,795 with a $1.63 price per square foot in the Hearthstone Estates neighborhood. 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.
Indian Creek Apartments and TownhomesBlair I & II2BR,2BA$1.63
Wellington PlaceTwo Bedroom Townhome2BR,2.5BA$1.63
Walnut Creek Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.57
Olde Montgomery2512BR,1.5BA$1.49
Deer Ridge ApartmentsConcord 2B2BR,2BA$1.48
The Villages at Symmes CrossingDivinity2BR,2BA$1.50
Timber Ridge ApartmentsThe Maple: 2 Bedroom, 1 Bath2BR,1BA$1.38
Deercross ApartmentsThe Morning Dove: One Bedroom One Bath w/ Den -...1BR,1BA$1.66
4330 Oakwood Ave1BR/1.0BA1BR,1BA$1.37
Arrowhead ApartmentsRiesling1BR,1BA$1.58

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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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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Frequently Asked Questions about Montgomery

What type of rentals are currently available in Montgomery?

There are currently 67 Apartments for Rent in Montgomery, OH with pricing that ranges from $1,185 to $4,299. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $825 to $7,695.

What is the current price range for Rental Homes in Montgomery?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Montgomery ranges from $825 to $7,695 with an average monthly rent of $2,472.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.