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Welcome to the Apartment List May 2026 Rent Report for Montgomery, AL. Currently, the overall median rent in the city stands at $1,180, after rising 0.7% last month. Prices and are now up 4.6% year-over-year. Read on to learn more about what’s been happening in the Montgomery rental market and how it compares to trends throughout the nation as a whole.















Historic prestige defines Forest Park, where Montgomery's distinctive neighborhood showcases preserved architecture from the early 20th century. Rental options include divided historic homes and smaller apartment buildings with character details unavailable in newer construction. The area offers excellent access to both downtown employment and Old Cloverdale entertainment, creating an ideal environment for professionals seeking sophisticated surroundings beyond purely functional rental alternatives increasingly common in rapidly developing suburban districts.
Historic grandeur permeates this district of preserved 1920s mansions. Renters face strict preservation rules limiting exterior modifications but enjoy free jazz at Cloverdale ArtWalk every third Friday.
Government workers and legislative staff appreciate Capitol Heights' walkable distance to Alabama's statehouse complex. The neighborhood's historic homes now divided into apartments offer architectural character at surprisingly accessible price points. Unlike downtown options, most rentals include off-street parking – a significant advantage during legislative sessions when street spaces fill with visitor vehicles.