40 Luxury Apartments for rent in Montgomery, AL

Last updated August 17 at 1:18am UTC
861 Autumn Ridge Road
Montgomery
Montgomery, AL
Updated August 16 at 10:19am UTC
3 Bedrooms
$1,395
9408 Kettlewell Court
Montgomery
Montgomery, AL
Updated August 16 at 10:18am UTC
4 Bedrooms
$1,850
4511 Donovan Drive
Montgomery
Montgomery, AL
Updated August 15 at 11:19am UTC
4 Bedrooms
$1,150
4421 Pepper Avenue
Montgomery
Montgomery, AL
Updated August 15 at 11:14am UTC
3 Bedrooms
$1,150
4011 Llyde Lane
Montgomery
Montgomery, AL
Updated August 11 at 10:10am UTC
4 Bedrooms
$1,100
448 Duckworth Drive
Montgomery
Montgomery, AL
Updated August 10 at 9:35am UTC
4 Bedrooms
$1,250
362 Monette Street
Montgomery
Montgomery, AL
Updated August 10 at 9:29am UTC
4 Bedrooms
$1,300
2027 Commodore Cir
Forest Park
Montgomery, AL
Updated August 8 at 9:45am UTC
Studio
$1,050
319 Mont Vista Drive
Montgomery
Montgomery, AL
Updated August 2 at 9:43am UTC
3 Bedrooms
$1,175
604 Seminole Drive
Montgomery
Montgomery, AL
Updated August 10 at 9:35am UTC
4 Bedrooms
$1,600
8755 Polo Ridge
Montgomery
Montgomery, AL
Updated August 3 at 10:11am UTC
3 Bedrooms
$1,450
79 Commerce St
Montgomery
Montgomery, AL
Updated August 17 at 1:18am UTC
1 Bedroom
$1,175
8100 Dogwood Ln
Montgomery
Montgomery, AL
Updated August 15 at 5:24pm UTC
4 Bedrooms
$2,250
8619 Willowbrook Ct
Montgomery
Montgomery, AL
Updated August 15 at 5:24pm UTC
4 Bedrooms
$1,675
130 Commerce St
Montgomery
Montgomery, AL
Updated August 15 at 5:24pm UTC
1 Bedroom
$1,725
1006 Autumn Ridge Rd
Montgomery
Montgomery, AL
Updated August 9 at 5:11pm UTC
3 Bedrooms
$1,225
2003 Bullard St
Forest Park
Montgomery, AL
Updated August 7 at 9:22am UTC
3 Bedrooms
$1,050
3741 Royal Crest Dr
Montgomery
Montgomery, AL
Updated August 11 at 5:05pm UTC
4 Bedrooms
$1,100
690 Ponce De Leon Ave
Cloverdale-Idlewild
Montgomery, AL
Updated August 7 at 9:22am UTC
4 Bedrooms
$1,325

August 2018 Montgomery Rent Report

Welcome to the August 2018 Montgomery Rent Report. Montgomery rents declined 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

August 2018 Montgomery Rent Report

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

Montgomery rents decline sharply over the past month

Montgomery rents have declined 0.9% over the past month, but have increased slightly by 1.5% in comparison to the same time last 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 0.7%, as well as the national average of 1.2%.

Montgomery rents more affordable than many large cities nationwide

As rents have increased slightly in Montgomery, large cities nationwide have seen rents grow more quickly. 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 $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 1.5% increase in Montgomery.
  • While Montgomery's rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.4%).
  • Renters will find more reasonable prices in Montgomery than most large cities. For example, San Francisco has a median 2BR rent of $3,090, 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.