Cheap Apartments for Rent in Montrose, AL from $500 (37 Rentals)

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

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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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.

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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.

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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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Fallingwater
2 to 4 Bedroom Apartments

Fallingwater

31100 Fallingwater LoopSpanish Fort, AL 36527
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Grandview Pointe
1 to 2 Bedroom Apartments

Grandview Pointe

6151 Marina Dr SMobile, AL 36605
Corporate Housing

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.

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Showing Results 1-37, 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. Lake Forest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. 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
Lake Forest1X1lfa1BR,1BA$930
The Kensley Apartments2 Beds, 2 baths2BR,2BA$930
Arbors by the Bay ApartmentsJubilee2BR,2BA$1,055
Grande PointeThe Mobile1BR,1BA$1,068
The Park at Whispering PinesBlakeley2BR,2BA$1,248
Baldwin Farms ApartmentsThe Hampton1BR,1BA$1,294
East Bay ApartmentsEast Bay2BR,2BA$1,299
Exchange at DaphnePlan B-12BR,2BA$1,337
10X Audubon ParkRiver Birch2BR,2BA$1,368

Best Value Apartments for Rent in Montrose, AL and Nearby

As of May 18, 2026 the best value apartment in the Montrose area is the $1.37 price per square foot 3-2 Model at Cottages at Parkstone in the starting from $2,250. The second greatest value Montrose apartment is the B2 Model at Palladian at Fairhope starting at $1,799 with a $1.10 price per square foot . 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.
Cottages at Parkstone3-23BR,2BA$1.37
Palladian at FairhopeB22BR,2BA$1.10
Palladian at Daphne Apartment Homes2 Bedroom2BR,2BA$1.14
Arbors by the Bay ApartmentsJubilee2BR,2BA$0.91
Wynwood Apartments3X1.53BR,1.5BA$1.41
10X Audubon ParkRiver Birch2BR,2BA$1.27
East Bay ApartmentsEast Bay2BR,2BA$1.30
The Park at Whispering PinesBelrose1BR,1BA$1.43
The Kensley Apartments2 Beds, 2 baths2BR,2BA$1.15
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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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 $930 at The Kensley Apartments.

What is the most affordable Montrose Three Bedroom Apartment?

The best deal on a cheap Montrose Three Bedroom Apartment rental is at The Kensley Apartments and starts from $990.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.