Cheap Apartments for Rent in Montgomery, IN from $600 (23 Rentals)

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Ironton at Shoals
1 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
  • Utilities Included
Showing Results 1-23, Page 1 of 1

Montgomery, IN Local Guide

Cheapest Available Montgomery Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montgomery, IN is a Studio unit found at Southern Meadows priced from $625. Ironton at Shoals has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southern MeadowsStudioStudio,1BA$625
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$700
Sunflower II1 Bed, 1 bath1BR,1BA$790
Union at Crescent1 Bed 1 Bath1BR,1BA$866
College Square ApartmentsThe Walnut1BR,1BA$915

Best Value Apartments for Rent in Montgomery, IN and Nearby

As of March 26, 2025 the best value apartment in the Montgomery area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the starting from $1,650. The second greatest value Montgomery apartment is the 3 Bedroom Model at Baldwin Heights starting at $1,355 with a $1.23 price per square foot . 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.
Circle Point VillasPrime Living at Its Finest: Luxurious Stand-Alo...3BR,2BA$1.07
Baldwin Heights3 Bedroom3BR,2BA$1.23
Union at Crescent3 Bed 2 Bath3BR,2BA$1.35
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.01
Forest RidgeChestnut2BR,2BA$1.45
The League Bloomington2x22BR,2BA$1.37
The MonroeB22BR,2BA$1.22
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$1.08
Wabash Riverfront Flats2 bed 1 Bath2BR,1BA$0.95
Southern Meadows1 Bed Apt1BR,1BA$1.37

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Getting Around Montgomery, IN

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Southern Meadows listed at $625.

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

The lowest price for a Cheap One Bedroom Montgomery Apartment is $700 at Ironton at Shoals.

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 $800 at Southern Meadows.

What is the most affordable Montgomery Three Bedroom Apartment?

The best deal on a cheap Montgomery Three Bedroom Apartment rental is at Aspen Bloomington and starts from $1,029.

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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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.

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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.