
Cheap Apartments for Rent in Montgomery, VT from $800 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.


City Gardens

ONE Lakeview

30 City Hall Pl

Quarry Hill Club & Condominiums

65 Northgate Plz

Winooski Block

11 Park Street Apartments
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.

Schoolhouse Apartments at 17 Park Street

111 E Allen St

5 Corners

Catamount Lane

Keen's Crossing

Riverside In the Village

61 North Dorset

02.35 Bayview St, Newport VT, 05855
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.

119 Main St

46 School Street

12 Railroad St

Taylor Park Residences

Cedar Hill Townhouses

100-104 College Hill Rd

10 Railroad St

25 Intervale Ave
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.

205 N Willard St

119 Pumping Station Dr

69 Pumping Station Dr

85 Creek Rd

29 Messenger St

50 Owens Ln

Eagle Crest Senior Housing

139 Railroad St
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.
Montgomery, VT Local Guide

How much does it cost to rent an apartment in Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery Studio Apartments | $1,752 | $1,195 | $2,100 |
| Montgomery 1 Bedroom Apartments | $2,048 | $1,235 | $4,600 |
| Montgomery 2 Bedroom Apartments | $2,347 | $1,325 | $3,500 |
| Montgomery 3 Bedroom Apartments | $2,225 | $1,160 | $3,000 |
| Montgomery 4 Bedroom Apartments | $2,050 | $975 | $4,900 |
Browse Top Apartments in Montgomery
See all Apartments in MontgomeryExplore Montgomery
Montgomery, VT Local Guide
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Cheapest Available Montgomery Apartments for Rent and Nearby
 The cheapest available apartment rental in Montgomery, VT is a Studio unit found at 44 Leonard Ave priced from $1,195. Pines Senior Living in the Centennial neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here is today’s list of the most affordable Montgomery apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 44 Leonard Ave | Studio | Studio,1BA | $1,195 |
| Pines Senior Living | 1 Bedroom | 1BR,1BA | $1,235 |
| ONE Lakeview | ONE Lakeview | Studio City View | Studio,1BA | $1,413 |
| 30 City Hall Pl | One Bedroom | 1BR,1BA | $1,475 |
| Quarry Hill Club & Condominiums | Building 430 Studios | Studio,1BA | $1,495 |
| Schoolhouse Apartments at 17 Park Street | Studio | 1BR,1BA | $1,600 |
| Winooski Block | Winooski Block | 1 Bed with den (33 East Alle | 1BR,1BA | $1,600 |
| 11 Park Street Apartments | Studio | Studio,1BA | $1,600 |
| 5 Corners | 1 bed 1 bath | 1BR,1BA | $1,650 |
| Catamount Lane | Catlane One Bedroom | 1BR,1BA | $1,675 |
Best Value Apartments for Rent in Montgomery, VT and Nearby
As of June 14, 2026 the best value apartment in the Montgomery area is the $1.87 price per square foot 14 Franklin St Model at Riverside In the Village in the starting from $2,400. The second greatest value Montgomery apartment is the 2BR/2.5BA Model at Rail Trail Townhouses starting at $2,400 with a $2.00 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. |
|---|---|---|---|
| Riverside In the Village | 14 Franklin St | 2BR,1.5BA | $1.87 |
| Rail Trail Townhouses | 2BR/2.5BA | 2BR,2.5BA | $2.00 |
| Millhouse Terrace | Two Bedroom Town House | 2BR,1BA | $2.43 |
| Winooski Block | Winooski Block | 1 Bed (3-15 East Allen) | 1BR,1BA | $1.61 |
| 5 Corners | 2 Bed 2 Bath | 2BR,2BA | $2.13 |
| Keen's Crossing | Cedar | 2BR,2BA | $2.49 |
| Mansfield Apartments | One Bedroom One Bath | 1BR,1BA | $2.24 |
| Millhouse West | West 2 Bedroom | 2BR,1BA | $2.32 |
| 30 City Hall Pl | One Bedroom | 1BR,1BA | $2.11 |
| Pines Senior Living | 1 Bedroom | 1BR,1BA | $1.96 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montgomery, VT Rentals by Map
See the most popular apartments and homes in Montgomery, VT
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 44 Leonard Ave listed at $1,195.
How much is rent for a Cheap One Bedroom Montgomery Apartment?
The lowest price for a Cheap One Bedroom Montgomery Apartment is $1,235 at Pines Senior Living.
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 $1,675 at 30 City Hall Pl.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.