Cheap Apartments for Rent in the College Hill Montgomery Neighborhood of Dayton, OH from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the College Hill Montgomery area of Dayton.

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2247-2263 Hepburn Ave
1 Bedroom Apartments

2247-2263 Hepburn Ave

2247-2263 Hepburn AveDayton, OH 45406
  • Utilities Included

Dayton's Best Affordable Neighborhoods

Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

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College Hill Montgomery, Dayton, OH Local Guide

Cheapest Available College Hill Montgomery Apartments for Rent

 

The cheapest available apartment rental in the College Hill Montgomery area of Dayton, OH is a Studio unit found at Chamberlain I & II Apartments priced from $650. 320 Grafton has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable College Hill Montgomery apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS3Studio,1BA$650
320 GraftonStudioStudio,1BA$700
Rockwood ApartmentsStudio C, LStudio,1BA$700
Executive House1 Bedroom standard1BR,1BA$775
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$795
Stillwater Park Apartments in Dayton OhioFor Rent - Renovated 1 Bedroom Apartment in Day...1BR,1BA$799

Best Value Apartments for Rent in College Hill Montgomery, OH

As of December 21, 2025 the best value apartment in the College Hill Montgomery area is the $0.89 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,600. The second greatest value College Hill Montgomery apartment is the 3c Model at Stratford House starting at $1,599 with a $1.23 price per square foot in the Downtown Dayton neighborhood. Here is today’s list of the best values for College Hill Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
Stratford House3c3BR,2.5BA$1.23
803 Uhrig Ave, Unit Apartment #2803 Uhrig Ave2BR,1BA$0.70
108 E Norman Ave, Unit 3108 E Norman Ave2BR,1BA$0.93
2715 Riverside Dr, Unit D2715 Riverside Dr2BR,1BA$0.97
Stillwater Park Apartments in Dayton OhioFor Rent - Renovated 1 Bedroom Apartment in Day...1BR,1BA$1.07
2334 Davue Cir, Unit 22334 Davue Cir1BR,1BA$1.17
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$1.20
2112 Catalpa Dr, Unit 22112 Catalpa Dr1BR,1BA$1.00
203 Ryburn Ave, Unit 1203 Ryburn Ave1BR,1BA$1.00

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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Pet Friendly Lifestyle
College Hill Montgomery, Dayton, OH

Ranked #29

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the College Hill Montgomery Neighborhood in Dayton, OH

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap College Hill Montgomery Apartments

What is a cheap apartment in College Hill Montgomery?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Hill Montgomery is under $799.

What is the price of a cheap apartment in College Hill Montgomery?

The cheapest apartment in College Hill Montgomery is Chamberlain I & II Apartments which is listed at $718, while the average apartment in College Hill Montgomery costs $1,549.

What types of apartments are the cheapest in College Hill Montgomery?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in College Hill Montgomery that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in College Hill Montgomery?

Cheap apartments in College Hill Montgomery have an average cost of $177 which is $1,372 cheaper than the average rent for all rentals in College Hill Montgomery.

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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Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH

Written by: Kim Mooneyham

Once an industrial powerhouse in southwest Ohio, Dayton is gradually changing from a strictly blue-collar city to a light blue-collar/white-collar city with education, tech, and urban development opportunities.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!