Cheap Homes for Rent in Downtown Montgomery Neighborhood of Dayton, OH from $500 (15 Rentals)

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

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$709
Riverstone Apartments1 BD Standard1BR,1BA$745
Kelly Avenue Apartments1 Bedroom / 1 Bath1BR,1BA$800

Best Value Apartments for Rent in Downtown Montgomery, OH

As of April 10, 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 61 E Norman Ave Model at 61 E Norman Ave, Unit 61 E. Norman Ave. Apt. 4 starting at $850 with a $0.67 price per square foot in the McPherson 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.
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
220 Rockwood Ave, Unit 220 Rockwood220 Rockwood Ave3BR,1BA$0.80
The Flight2 Bed / 2 Bath2BR,2BA$0.93
Audubon Crossing1 Bedroom1BR,1BA$0.45
Medford Apartments2 Bedroom2BR,1BA$1.00
1711 E 3rd St, Unit All Utilities included1711 E 3rd St1BR,1BA$1.07
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

Frequently Asked Questions about Downtown Montgomery

What type of rentals are currently available in Downtown Montgomery?

There are currently 542 Apartments for Rent in Downtown Montgomery, OH with pricing that ranges from $575 to $3,800. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Montgomery ranging from $575 to $2,540.

What is the current price range for Rental Homes in Downtown Montgomery?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Montgomery ranges from $575 to $2,540 with an average monthly rent of $1,631.

How much are larger Three and Four Bedroom Rentals in Downtown Montgomery?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Montgomery range from $885 to $3,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $879.

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

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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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Renting Smart: Lease Basics Every Renter Needs

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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How Your Move-In Inspection Can Protect Your Security Deposit

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