28 Luxury Apartments for rent in Montgomery, AL

Last updated January 20 at 7:37am UTC
3512 Royal Carriage
Montgomery
Montgomery, AL
Updated January 3 at 3:41pm UTC
4 Bedrooms
$1,000
3579 Pelzer Ave
Montgomery
Montgomery, AL
Updated January 20 at 2:21am UTC
3 Bedrooms
$1,000
130 Commerce St
Montgomery
Montgomery, AL
Updated January 20 at 2:21am UTC
1 Bedroom
$1,075
471 Clanton Ave
Garden District
Montgomery, AL
Updated January 20 at 2:22am UTC
3 Bedrooms
$1,075
6407 Eastwood Glen Dr
Montgomery
Montgomery, AL
Updated January 20 at 2:22am UTC
3 Bedrooms
$1,345
2807 Fair Oaks Drive
Montgomery
Montgomery, AL
Updated January 3 at 3:38pm UTC
3 Bedrooms
$1,350
2716 Fisk Drive
Montgomery
Montgomery, AL
Updated January 18 at 8:05pm UTC
4 Bedrooms
$1,195
2461 Price Street
Brentwood
Montgomery, AL
Updated January 3 at 3:50pm UTC
3 Bedrooms
$1,050
2125 Halcyon Downs Loop
Montgomery
Montgomery, AL
Updated January 11 at 11:44am UTC
3 Bedrooms
$1,150
6718 Sarita Ct
Montgomery
Montgomery, AL
Updated January 12 at 12:13pm UTC
3 Bedrooms
$1,200
1301 Centerfield Court
Montgomery
Montgomery, AL
Updated January 18 at 8:10pm UTC
3 Bedrooms
$1,200
130 Commerce St
Montgomery
Montgomery, AL
Updated January 3 at 1:47am UTC
2 Bedrooms
$1,345
2220 Ivy Chase Court
Montgomery
Montgomery, AL
Updated January 5 at 11:08am UTC
4 Bedrooms
$1,475
618 Ridge Park Dr
Montgomery
Montgomery, AL
Updated January 3 at 3:39pm UTC
4 Bedrooms
$1,175
4919 Upper James St
Montgomery
Montgomery, AL
Updated January 4 at 9:30am UTC
2 Bedrooms
$1,425
9273 Harrington Circle
Montgomery
Montgomery, AL
Updated January 5 at 11:08am UTC
3 Bedrooms
$1,850
Autumn Ridge Rd
Montgomery
Montgomery, AL
Updated January 11 at 8:55am UTC
4 Bedrooms
$1,495
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January 2018 Montgomery Rent Report

Welcome to the January 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

January 2018 Montgomery Rent Report

Welcome to the January 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

Montgomery rents have remained flat over the past month, however, they are up moderately by 3.0% year-over-year. Currently, median rents in Montgomery stand at $710 for a one-bedroom apartment and $850 for a two-bedroom. Montgomery's year-over-year rent growth leads the state average of 1.7%, as well as the national average of 2.8%.

Montgomery rents more affordable than many large cities nationwide

As rents have increased moderately in Montgomery, a few large cities nationwide have also seen rents grow modestly. 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 $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 3.0% rise in Montgomery.
  • While Montgomery's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in Montgomery than most large cities. For example, San Francisco has a median 2BR rent of $3,010, 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.