28 Cheap Apartments for rent in Montgomery, AL

Last updated May 24 at 7:12am UTC
327 Olivia Ct
Montgomery
Montgomery, AL
Updated May 19 at 6:07pm UTC
2 Bedrooms
$600
3556 Wilmington Road
Montgomery
Montgomery, AL
Updated May 18 at 10:42am UTC
3 Bedrooms
$500
5807 Brewbaker Blvd
Montgomery
Montgomery, AL
Updated May 12 at 10:15am UTC
2 Bedrooms
$625
Yarbrough St 1829
Montgomery
Montgomery, AL
Updated May 11 at 12:32pm UTC
2 Bedrooms
$625
2519 Poplar St
Highland Park
Montgomery, AL
Updated May 3 at 1:55am UTC
2 Bedrooms
$475
2539 Poplar St
Highland Park
Montgomery, AL
Updated April 27 at 1:48am UTC
2 Bedrooms
$545
2517 Poplar St
Highland Park
Montgomery, AL
Updated April 27 at 1:48am UTC
2 Bedrooms
$475
108 Brantwood Dr
Montgomery
Montgomery, AL
Updated April 27 at 1:48am UTC
2 Bedrooms
$600
446 Burton Ave
Garden District
Montgomery, AL
Updated April 27 at 1:47am UTC
1 Bedroom
$525
2243 Madison Avenue
Capitol Heights
Montgomery, AL
Updated April 24 at 9:49am UTC
3 Bedrooms
$625
3608 Wilmington Rd
Montgomery
Montgomery, AL
Updated May 23 at 5:42pm UTC
3 Bedrooms
$585
3633 Castle Ridge Rd
Montgomery
Montgomery, AL
Updated May 19 at 11:14am UTC
2 Bedrooms
$595
2715 Thrasher St
Highland Park
Montgomery, AL
Updated May 17 at 5:46pm UTC
2 Bedrooms
$535
201 2nd St
Montgomery
Montgomery, AL
Updated May 16 at 6:01pm UTC
2 Bedrooms
$435
2623 Plum Street
Highland Park
Montgomery, AL
Updated May 16 at 11:48am UTC
2 Bedrooms
$545
2251 Brewton Street
Highland Park
Montgomery, AL
Updated May 12 at 10:15am UTC
2 Bedrooms
$495
5805 Brewbaker Blvd
Montgomery
Montgomery, AL
Updated May 12 at 10:15am UTC
2 Bedrooms
$625
1612 Lyndle Road
Montgomery
Montgomery, AL
Updated May 12 at 10:08am UTC
3 Bedrooms
$600
24 Brantwood Dr
Montgomery
Montgomery, AL
Updated April 27 at 1:48am UTC
2 Bedrooms
$590
2211 McKinley Ave
Capitol Heights
Montgomery, AL
Updated April 22 at 11:43am UTC
2 Bedrooms
$550
1629 Gibson St
Montgomery
Montgomery, AL
Updated April 21 at 9:58am UTC
2 Bedrooms
$550
330 Boyce Street
Highland Park
Montgomery, AL
Updated May 18 at 10:46am UTC
3 Bedrooms
$600
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May 2018 Montgomery Rent Report

Welcome to the May 2018 Montgomery Rent Report. Montgomery rents remained steady over the past month. In this report, we'll evaluate trends in the Montgomery rental market, including comparisons to similar cities nationwide.

View full Montgomery Rent Report
Rent Report
Montgomery

May 2018 Montgomery Rent Report

Welcome to the May 2018 Montgomery Rent Report. Montgomery rents remained steady over the past month. In this report, we'll evaluate trends in the Montgomery rental market, including comparisons to similar cities nationwide.

Montgomery rents held steady over the past month

Over the past month Montgomery rents have remained steady. Currently, median rents in Montgomery stand at $700 for a one-bedroom apartment and $850 for a two-bedroom. Montgomery's year-over-year rent growth lags the state average of 0.5%, as well as the national average of 1.5%.

Montgomery rents more affordable than many large cities nationwide

Rent growth in Montgomery has been relatively stable over the past year - some other large cities have seen more substantial increases. Montgomery is still more affordable than most large cities across the country.

  • Montgomery's median two-bedroom rent of $850 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in Montgomery.
  • While rents in Montgomery remained moderately stable this year, similar cities saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%); note that median 2BR rents in these cities go for $1,030, $1,170, and $1,320 respectively.
  • Renters will find more reasonable prices in Montgomery than most large cities. For example, San Francisco has a median 2BR rent of $3,060, which is more than three-and-a-half times the price in Montgomery.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.