Cheap Homes for Rent in Montgomery, IL from $1,200 (15 Rentals)

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

property at 110 Cross St

110 Cross St

AuroraIL60506
property at 834 Pearl St

834 Pearl St, Unit 2

834 Pearl St
AuroraIL60505

Montgomery, IL Local Guide

Cheapest Neighborhoods for Apartments in Montgomery, IL

Pricing Updated: 03/25/2025

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$600940
Orchard Prairie North$2,950$1,1002245
Blackberry Crossing West$2,951$1,3002281

Cheapest Available Montgomery Apartments for Rent

 

The cheapest available apartment rental in Montgomery, IL is a 1 Bed unit found at Onyx On Victoria in the Blackberry Crossing West neighborhood priced from $1,300. Fox Pointe Apartments in the East Side Aurora neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,328. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Onyx On Victoria1 Bedroom 1 Bathroom - Upgraded1BR,1BA$1,300
Fox Pointe Apartments2 Bed 2 Bath2BR,2BA$1,328
Signal Point Apartments2A2BR,1BA$1,350
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,365
ReNew AuroraAlderwood1BR,1BA$1,440

Best Value Apartments for Rent in Montgomery, IL

As of March 25, 2025 the best value apartment in the Montgomery area is the $1.44 price per square foot 2298 Stacy Cir Model at 2298 Stacy Cir in the in the Blackberry Crossing West neighborhood starting from $2,975. 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$1.44
2456 Hanbury Ln2456 Hanbury Ln3BR,2.5BA$1.51
626 Springbrook Trail N626 Springbrook Trail N2BR,1.5BA$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$1.77
Montgomery Place ApartmentsCypress2BR,2BA$1.84
Downer Place Lofts2bed/1bath2BR,1BA$1.67
Fox Pointe Apartments2 Bed 2 Bath2BR,2BA$1.44

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Frequently Asked Questions about Montgomery

What type of rentals are currently available in Montgomery?

There are currently 148 Apartments for Rent in Montgomery, IL with pricing that ranges from $800 to $3,562. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $1,200 to $4,000.

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 $1,200 to $4,000 with an average monthly rent of $2,110.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Montgomery range from $1,513 to $3,258, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,135 and Four Bedroom Apartments start at $3,177.

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.