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
property at 207 S Mobile St

$1,600 - $1,650

2 Bedroom Rentals

Available Now

207 S Mobile St

FairhopeAL36532
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Fallingwater
2 to 4 Bedroom Apartments

Fallingwater

31100 Fallingwater LoopSpanish Fort, AL 36527

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. 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
East Bay ApartmentsBig Pier1BR,1BA$1,165
10X Audubon ParkMagnolia1BR,1BA$1,199
Grande PointeThe Blakely1BR,1BA$1,215
Bay Breeze Apartment HomesBerumuda1BR,1BA$1,225
The Park at Whispering PinesBlakeley2BR,2BA$1,248
Baldwin Farms ApartmentsThe Wellington2BR,2BA$1,300

Best Value Apartments for Rent in Montrose, AL and Nearby

As of July 02, 2026 the best value apartment in the Montrose area is the $1.25 price per square foot 4-2 Model at Cottages at Parkstone in the in the Baldwin County neighborhood starting from $2,475. 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 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.
Cottages at Parkstone4-24BR,2BA$1.25
Palladian at FairhopeB22BR,2BA$1.10
The AtriumB12BR,2BA$1.12
Old Battles Place2 BR Phase I2BR,2BA$1.38
Baldwin Farms ApartmentsThe Wellington2BR,2BA$1.16
Spanish Fort Town CenterThe Halifax2BR,1BA$1.42
Arbors by the Bay ApartmentsBayfront1BR,1BA$1.00
10X Audubon ParkMagnolia1BR,1BA$1.41
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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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

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.

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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.

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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.