Cheap Apartments for Rent in the Downtown Montgomery Neighborhood of Dayton, OH from $300 (50 Rentals)

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

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Audubon Crossing
1 Bedroom Apartments

Audubon Crossing

119 Edgewood AveDayton, OH 45402
Senior Living
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Salemview Apartments
Studio to 1 Bedroom Apartments

Salemview Apartments

72 Central AveDayton, OH 45406
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Twin Towers Place
Studio to 2 Bedroom Apartments

Twin Towers Place

250 Allen StDayton, OH 45410
Senior Living
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Omega Senior Lofts
1 to 2 Bedroom Apartments

Omega Senior Lofts

1461 Cornell DrDayton, OH 45406
Senior Living
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Huffman Place
1 to 2 Bedroom Apartments

Huffman Place

100 Huffman AveDayton, OH 45403
Senior Living
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Downtown Montgomery, Dayton, OH Local Guide

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 ListingModel NameBed/BathPriced From
Audubon Crossing1 Bedroom1BR,1BA$388
Rockwood ApartmentsStudio C, LStudio,1BA$675
Chamberlain I & II Apartments1A1BR,1BA$707
Riverstone Apartments1 BD Standard1BR,1BA$745
The EchelonThe Cabin1BR,1BA$795
Medford Apartments2 Bedroom2BR,1BA$800
Kelly Avenue Apartments1 Bedroom / 1 Bath1BR,1BA$800
320 Grafton Ave1 Bedroom1BR,1BA$800
310-316 Superior AveAvailability1BR,1BA$800

Best Value Apartments for Rent in Downtown Montgomery, OH

As of April 25, 2025 the best value apartment in the Downtown Montgomery area is the $0.53 price per square foot 2057 Catalpa Dr Model at 2057 Catalpa Dr, Unit 2057 Catalpa Dr in the in the McPherson neighborhood starting from $1,400. The second greatest value Downtown Montgomery apartment is the Two Bedroom Two Bathroom Model at Grafton House starting at $1,600 with a $0.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2057 Catalpa Dr, Unit 2057 Catalpa Dr2057 Catalpa Dr3BR,1BA$0.53
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
61 E Norman Ave, Unit 61 E. Norman Ave. Apt. 461 E Norman Ave2BR,1BA$0.67
The Flight2 Bed / 2 Bath2BR,2BA$0.98
Audubon Crossing1 Bedroom1BR,1BA$0.45
Medford Apartments2 Bedroom2BR,1BA$1.00
Executive House2 Bedroom Standard2BR,1BA$1.24
Riverstone Apartments1 BD Premium1BR,1BA$1.22
310-316 Superior AveAvailability1BR,1BA$1.23
1717 E 3rd St, Unit Lower1717 E 3rd St1BR,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 $1,624.

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 5 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 $1,800 which is $0 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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.