Cheap Homes for Rent in Montgomery, AL from $500 (57 Rentals)

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property at 3017 McQueen St

3017 McQueen St

MontgomeryAL36107

Montgomery, AL Local Guide

Cheapest Neighborhoods for Apartments in Montgomery, AL

Pricing Updated: 03/25/2025

Current apartment rentals in the Montgomery, AL area range in price from $575 to $4,000 with an overall median price of $1,956. The three Montgomery neighborhoods with the lowest median rent pricing are Brentwood at $1,250, Vaughn Meadows at $1,225, and Faulkner University at $1,095. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Brentwood$1,250$1,25014
Vaughn Meadows$1,297$1,22541
Faulkner University$1,385$1,09564
Chisolm$1,400$600803
North Central Montgomery$1,400$600421
Highland Gardens$1,447$600726
Dalraida$1,450$6001298
Downtown Montgomery$1,450$6001157
Outer Central$1,450$6001157
Highland Park$1,462$6001221

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, AL is a 1 Bed unit found at Sunrise Extended Stay in the Halcyon Park neighborhood priced from $300. Park at Fountain Lane in the Sturbridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunrise Extended Stay1 Bed 1 Bathroom Weekly1BR,1BA$300
Park at Fountain Lane1 Bedroom + 1 Bath1BR,1BA$599
AlcoveStudioStudio,1BA$645
Freedom Village2 BR2BR,2BA$650
Classic Villas1x11BR,1BA$660
Cedar Creek ApartmentsStudio ApartmentStudio,1BA$685
Kensington Manor Apartments1 Bedroom 1 Bath - A1BR,1BA$699
Azalea Hill Apartments1 StudioStudio,1BA$699
Townhomes at MontgomeryThe Classic1BR,1BA$699
Courtyard CitiFlats Apartments1BD/1BA1BR,1BA$700

Best Value Apartments for Rent in Montgomery, AL

As of March 25, 2025 the best value apartment in the Montgomery area is the $0.95 price per square foot 740 Duval Dr Model at 740 Duval Dr in the in the South Central Montgomery neighborhood starting from $1,545. The second greatest value Montgomery apartment is the 665 Burlington Dr Model at 665 Burlington Dr starting at $1,575 with a $0.99 price per square foot in the Halcyon Park neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
740 Duval Dr740 Duval Dr3BR,2BA$0.95
665 Burlington Dr665 Burlington Dr3BR,2BA$0.99
Retreat at Dublin Creek2 bedroom/ 2 bath2BR,2BA$0.86
Park at Fountain Lane2 Bedroom + 2 Bath Flat2BR,2BA$0.80
218 Broadway St218 Broadway St2BR,1BA$0.76
Central ParkOne Bedroom1BR,1BA$0.99
The Cypress Grove ResidenceHartford1BR,1BA$0.90
Townhomes at MontgomeryThe Classic1BR,1BA$0.88
Governors Parc Apartments1 Bedroom1BR,1BA$0.95
Classic Villas1x11BR,1BA$0.92

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Frequently Asked Questions about Montgomery

What type of rentals are currently available in Montgomery?

There are currently 248 Apartments for Rent in Montgomery, AL with pricing that ranges from $300 to $3,000. There are also 221 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $575 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Montgomery ranges from $575 to $3,500 with an average monthly rent of $1,722.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

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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.