Cheap Homes for Rent in Montgomery, TX from $400 (70 Rentals)

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

property at 13151 Walden Rd

$900 - $2,000

1 To 2 Bedroom Rentals

Available Now

13151 Walden Rd

MontgomeryTX77356
property at 854 Queenswood St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 2 Bath Home for Rent

Available Now

854 Queenswood St

MontgomeryTX77316
property at 12900 Walden Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 2 Bath Condo for Rent

Available Now

12900 Walden Rd, Unit 422D, Unit 422D

12900 Walden Rd
MontgomeryTX77356
property at 6644 Bonanza Dr

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

6644 Bonanza Dr

MontgomeryTX77316

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.

property at 12500 Melville Dr

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

1 Bedroom, 1 Bath Condo for Rent

Available Now

12500 Melville Dr, Unit D-234, Unit D-234

12500 Melville Dr
MontgomeryTX77356
property at 12100 Melville Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available Now

12100 Melville Dr

MontgomeryTX77356
property at 12500 Melville Dr

$1,150 - $1,900

1 To 2 Bedroom Rentals

Available Now

12500 Melville Dr

MontgomeryTX77356

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.

property at 16706 E Hammon

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 2 Bath Home for Rent

Available Now

16706 E Hammon

MontgomeryTX77316
property at 16817 W Dounreay St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

3 Bedroom, 2 Bath Home for Rent

Available Now

16817 W Dounreay St

MontgomeryTX77316

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.

property at 16426 Eastchase St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

3 Bedroom, 2 Bath Home for Rent

Available Now

16426 Eastchase St

MontgomeryTX77316
property at 12100 Melville Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

12100 Melville Dr, Unit 708G, Unit 708G

12100 Melville Dr
MontgomeryTX77356
property at 801 River Rd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

801 River Rd, Unit 108C, Unit 108C

801 River Rd
MontgomeryTX77356
property at 286 Westchase St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

286 Westchase St

MontgomeryTX77316

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 16979 W Juneau St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

16979 W Juneau St

MontgomeryTX77316

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Montgomery, TX Local Guide

Cheapest Neighborhoods for Apartments in Montgomery, TX

Pricing Updated: 04/10/2026

Current apartment rentals in the Montgomery, TX area range in price from $222 to $2,950 with an overall median price of $1,983. The three Montgomery neighborhoods with the lowest median rent pricing are Walden at $1,450, Lake Conroe Forest at $1,093, and April Sound at $1,295. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Walden$1,450$1,4501
Lake Conroe Forest$1,798$1,09354
April Sound$1,847$1,2953
Ridgelake Shores$2,045$22284
Bentwater$2,379$1,01761
Grand Harbor$2,379$1,01761

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, TX is a 1 Bed unit found at Forest Creek Apartments in the Graystone Hills neighborhood priced from $800. The Abbey At Montgomery Park in the Graystone Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forest Creek ApartmentsA-1X11BR,1BA$800
The Abbey At Montgomery ParkThe Asbury1BR,1BA$905
HilltopsLongBranch1BR,1BA$925
White Oak ApartmentsA1BR,1BA$928
The Retreat at ConroeA1 - Oak1BR,1BA$965
Hawthorne RidgeBerkshire1BR,1BA$1,000
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1,025
The Landings of ConroeA11BR,1BA$1,080
Prose in the PinesA11BR,1BA$1,098
Creekside Haven1 Bed 1 Bath1BR,1BA$1,100

Best Value Apartments for Rent in Montgomery, TX

As of April 10, 2026 the best value apartment in the Montgomery area is the $1.08 price per square foot 17040 FM 1097 Model at 17040 FM 1097, Unit 5101 in the in the Bentwater neighborhood starting from $2,100. The second greatest value Montgomery apartment is the PLAN 3391 Model at Lakeside Conroe starting at $2,299 with a $1.33 price per square foot in the Bentwater 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.
17040 FM 1097, Unit 510117040 FM 10973BR,2BA$1.08
Lakeside ConroePLAN 33913BR,2.5BA$1.33
Harbor Shores CollectionC1 - Harbor Shores I3BR,2BA$1.29
Central Park3 Bed Premium3BR,2BA$1.27
Overlook at Fairwater Rental HomesOakridge3BR,2BA$1.41
HilltopsTimberGrove2BR,2BA$1.34
Beckett West ForkA011BR,1BA$1.32
Hawthorne RidgeBerkshire1BR,1BA$1.42
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1.47
White Oak ApartmentsA1BR,1BA$1.39

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

Read Article
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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, TX Rentals by Map

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Frequently Asked Questions about Montgomery

What type of rentals are currently available in Montgomery?

There are currently 82 Apartments for Rent in Montgomery, TX with pricing that ranges from $222 to $3,180. There are also 267 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $429 to $18,000.

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 $429 to $18,000 with an average monthly rent of $4,901.

How much are larger Three and Four Bedroom Rentals in Montgomery?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Montgomery range from $1,300 to $3,180, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,550.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.