Cheap Apartments for Rent in Montgomery, IL from $600 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montgomery.

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Building A
1 Bedroom Apartments

Building A

100 Rocky WayMontgomery, IL 60538
  • Utilities Inc.
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Building H & I
1 to 2 Bedroom Apartments

Building H & I

89 Hillstone RdMontgomery, IL 60538
  • Utilities Inc.
property at 946 Oliver Ave

946 Oliver Ave

AuroraIL60506
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Silver Oaks At Waterford
1 Bedroom Apartments

Silver Oaks At Waterford

1819 Silver Oaks CirAurora, IL 60504
Senior Living
  • Utilities Inc.
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Autumnwood Apartments
1 to 3 Bedroom Apartments

Autumnwood Apartments

734 N Gladstone AveAurora, IL 60506
  • Utilities Inc.
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TJC Apartments
1 to 2 Bedroom Apartments

TJC Apartments

89 Polk StOswego, IL 60543
  • Utilities Inc.

Montgomery, IL Local Guide

Cheapest Neighborhoods for Apartments in Montgomery, IL

Pricing Updated: 03/18/2025

Current apartment rentals in the Montgomery, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Montgomery Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Aurora$2,850$600913
Orchard Prairie North$2,875$1,1002153
Blackberry Crossing West$2,951$1,3002225

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, IL is a 2 Beds unit found at Fox Pointe Apartments in the East Side Aurora neighborhood priced from $1,062. Onyx On Victoria in the Blackberry Crossing West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox Pointe Apartments2 Bed 2 Bath2BR,2BA$1,062
Onyx On Victoria1 Bedroom 1 Bathroom - Upgraded1BR,1BA$1,300
Signal Point Apartments2A2BR,1BA$1,350
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,365
Lakeview ResidencesA11BR,1BA$1,380

Best Value Apartments for Rent in Montgomery, IL

As of March 18, 2025 the best value apartment in the Montgomery area is the $1.46 price per square foot 2298 Stacy Cir Model at 2298 Stacy Cir in the in the Blackberry Crossing West neighborhood starting from $3,035. The second greatest value Montgomery apartment is the 2456 Hanbury Ln Model at 2456 Hanbury Ln starting at $2,765 with a $1.51 price per square foot in the Blackberry Crossing West 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.
2298 Stacy Cir2298 Stacy Cir4BR,2.5BA$1.46
2456 Hanbury Ln2456 Hanbury Ln3BR,2.5BA$1.51
1856 Waverly Way1856 Waverly Way3BR,2.5BA$1.69
Bristol Bay of YorkvilleAccera (TH)2BR,2.5BA$1.74
Redwood OswegoMeadowood2BR,2BA$1.83
Farmington Lakes ApartmentsWillow II2BR,2BA$1.90
Downer Place Lofts2bed/1bath2BR,1BA$1.67
Fox Pointe Apartments2 Bed 2 Bath2BR,2BA$1.15
Aurora At Summerfield ApartmentsAdler1BR,1BA$2.07
Signal Point Apartments2A2BR,1BA$1.85

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, IL Rentals by Map

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Getting Around Montgomery, IL

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Montgomery Apartments

What is the Cheapest Studio apartment in Montgomery?

Currently the most affordable Cheap Studio Apartment in Montgomery is at The Reserve at Hudson Crossing listed at $1,365.

How much is rent for a Cheap One Bedroom Montgomery Apartment?

The lowest price for a Cheap One Bedroom Montgomery Apartment is $1,300 at Onyx On Victoria.

What is the lowest price for a Cheap Two Bedroom Montgomery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montgomery is starting from $1,062 at Fox Pointe Apartments.

What is the most affordable Montgomery Three Bedroom Apartment?

The best deal on a cheap Montgomery Three Bedroom Apartment rental is at 1856 Waverly Way and starts from $2,515.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.