Cheap Apartments for Rent near Montrose, AL from $500 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montrose.

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.

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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.

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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.

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Loxley Station
3 Bedroom Apartments

Loxley Station

63 Ribbon Rail CtLoxley, AL 36551
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Wynwood Apartments
1 to 3 Bedroom Apartments

Wynwood Apartments

199 Spring Run DrFairhope, AL 36532
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Spanish Fort Town Center
1 to 2 Bedroom Apartments

Spanish Fort Town Center

30000 Town Center AveSpanish Fort, AL 36527
Corporate Housing
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Grandview Pointe
1 to 2 Bedroom Apartments

Grandview Pointe

6151 Marina Dr SMobile, AL 36605
Corporate Housing

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.

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Fallingwater
2 to 4 Bedroom Apartments

Fallingwater

31100 Fallingwater LoopSpanish Fort, AL 36527
property at 7099 Pinehill Rd

$1,650

2 Bedroom, 2 Bath Home for Rent

Available Now

7099 Pinehill Rd

DaphneAL36526
Showing Results 1-39, Page 1 of 1

Montrose, AL Local Guide

Cheapest Available Montrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montrose, AL is a 1 Bed unit found at Brookley Pointe in the Owens neighborhood priced from $781. Arbors by the Bay Apartments in the Baldwin County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $886. Here is today’s list of the most affordable Montrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookley Pointe1 Bedroom, 1 Bathroom1BR,1BA$781
Arbors by the Bay ApartmentsBayfront1BR,1BA$886
Lake Forest1X1lfa1BR,1BA$965
The Kensley Apartments2 Beds, 2 baths2BR,2BA$1,000
Grande PointeThe Blakely1BR,1BA$1,135
10X Audubon ParkFlame Azalea1BR,1BA$1,143
Spanish Fort Town CenterThe Delaware1BR,1BA$1,219
Windscape at Daphne1 Bedroom 1 Bath1BR,1BA$1,225
Vinings at Spanish FortOne Bed One Bath with Patio-Renovated1BR,1BA$1,273
East Bay ApartmentsHigh Tide2BR,2BA$1,350

Best Value Apartments for Rent in Montrose, AL and Nearby

As of August 16, 2026 the best value apartment in the Montrose area is the $1.10 price per square foot B2 Model at Palladian at Fairhope in the in the Baldwin County neighborhood starting from $1,799. The second greatest value Montrose apartment is the 2 Bedroom Model at Palladian at Daphne Apartment Homes starting at $1,963 with a $1.24 price per square foot in the Baldwin County neighborhood. Here is today’s list of the best values for Montrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Palladian at FairhopeB22BR,2BA$1.10
Palladian at Daphne Apartment Homes2 Bedroom2BR,2BA$1.24
The AtriumB12BR,2BA$1.15
Overland TownhomesC13BR,2.5BA$1.19
Belforest VillasThe Jubilee 13BR,2BA$1.36
Baldwin Farms ApartmentsThe Wellington2BR,2BA$1.34
East Bay ApartmentsHigh Tide2BR,2BA$1.23
Arbors by the Bay ApartmentsBayfront1BR,1BA$1.00
The Kensley Apartments2 Beds, 2 baths2BR,2BA$1.23
Brookley Pointe1 Bedroom, 1 Bathroom1BR,1BA$1.04

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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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 Montrose, AL Rentals by Map

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See the most popular apartments and homes in Montrose, AL

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Frequently Asked Questions about Cheap Montrose Apartments

How much is rent for a Cheap One Bedroom Montrose Apartment?

The lowest price for a Cheap One Bedroom Montrose Apartment is $781 at Brookley Pointe.

What is the lowest price for a Cheap Two Bedroom Montrose Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montrose is starting from $981 at Brookley Pointe.

What is the most affordable Montrose Three Bedroom Apartment?

The best deal on a cheap Montrose Three Bedroom Apartment rental is at Lake Forest and starts from $1,175.

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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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.

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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.