
Cheap Apartments for Rent in the Downtown Montgomery Neighborhood of Dayton, OH from $300 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Montgomery area of Dayton.


1115 Richmond Ave

34-38 Harper Ave

Chamberlain I & II Apartments

Rockwood Apartments

21 Valleyview Dr

Riverstone Apartments

36-38 E Mumma Ave

Kelly Avenue Apartments

320 Grafton Ave

310-316 Superior Ave

39 Pioneer St

61 E Norman Ave, Unit 61 E. Norman Ave. Apt. 4

142 Ashley St

22 Emmet St

Monument

141-141 Edgar Ave

2331 Riverside Dr

614 Grafton Ave

687 Randolph St

1612 Mack Ave

101-103 W Norman Ave

Executive House

The Huffman at The Fire Blocks District

Home Telephone Building Lofts

921 Harvard Blvd, Unit 921

519 Homewood Ave

1014 Ferguson Ave

320-322 Cambridge Ave

The Delco

Delco Lofts

24-26 Gebhart St

220 Rockwood Ave, Unit 220 Rockwood
Downtown Montgomery, Dayton, OH Local Guide

How much does it cost to rent an apartment in Downtown Montgomery?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Montgomery Studio Apartments | $1,074 | $575 | $1,537 |
Downtown Montgomery 1 Bedroom Apartments | $1,318 | $595 | $1,970 |
Downtown Montgomery 2 Bedroom Apartments | $1,753 | $750 | $3,275 |
Downtown Montgomery 3 Bedroom Apartments | $1,716 | $885 | $3,512 |
Downtown Montgomery 4 Bedroom Apartments | $2,057 | $879 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Downtown Montgomery Neighborhood of Dayton, OH.
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Downtown Montgomery, Dayton, OH Local Guide
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Cheapest Available Downtown Montgomery Apartments for Rent
 The cheapest available apartment rental in the Downtown Montgomery area of Dayton, OH is a 1 Bed unit found at Audubon Crossing priced from $388. Rockwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here are the most affordable Downtown Montgomery apartments for rent in Dayton, OH:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Audubon Crossing | 1 Bedroom | 1BR,1BA | $388 |
Rockwood Apartments | Studio C, L | Studio,1BA | $675 |
Chamberlain I & II Apartments | 1A | 1BR,1BA | $709 |
Riverstone Apartments | 1 BD Standard | 1BR,1BA | $745 |
Kelly Avenue Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $800 |
320 Grafton Ave | 1 Bedroom | 1BR,1BA | $800 |
310-316 Superior Ave | Availability | 1BR,1BA | $800 |
Medford Apartments | 2 Bedroom | 2BR,1BA | $800 |
Best Value Apartments for Rent in Downtown Montgomery, OH
As of April 05, 2025 the best value apartment in the Downtown 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 Downtown Montgomery apartment is the 921 Harvard Blvd Model at 921 Harvard Blvd, Unit 921 starting at $950 with a $0.63 price per square foot in the Downtown Dayton neighborhood. Here is today’s list of the best values for Downtown Montgomery apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Grafton House | Two Bedroom Two Bathroom | 2BR,2BA | $0.89 |
921 Harvard Blvd, Unit 921 | 921 Harvard Blvd | 3BR,1.5BA | $0.63 |
61 E Norman Ave, Unit 61 E. Norman Ave. Apt. 4 | 61 E Norman Ave | 2BR,1BA | $0.67 |
220 Rockwood Ave, Unit 220 Rockwood | 220 Rockwood Ave | 3BR,1BA | $0.80 |
The Flight | 2 Bed / 2 Bath | 2BR,2BA | $0.93 |
Audubon Crossing | 1 Bedroom | 1BR,1BA | $0.45 |
Medford Apartments | 2 Bedroom | 2BR,1BA | $1.00 |
Riverstone Apartments | 1 BD Premium | 1BR,1BA | $1.22 |
310-316 Superior Ave | Availability | 1BR,1BA | $1.23 |
1717 E 3rd St, Unit Lower | 1717 E 3rd St | 1BR,1BA | $1.13 |
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Lifestyle Ratings
Our team compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including Dayton. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, apartment communities for the kids, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Montgomery Apartments
What is a cheap apartment in Downtown Montgomery?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Montgomery is under $800.
What is the price of a cheap apartment in Downtown Montgomery?
The cheapest apartment in Downtown Montgomery is Audubon Crossing which is listed at $388, while the average apartment in Downtown Montgomery costs $2,540.
What types of apartments are the cheapest in Downtown 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 8 regular apartments in Downtown 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 Downtown Montgomery?
Cheap apartments in Downtown Montgomery have an average cost of $2,298 which is $242 cheaper than the average rent for all rentals in Downtown Montgomery.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.