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Average Rent in Montgomery, AL & Rent Trends

Rent prices and market trends across 17 apartment communities in Montgomery, AL. Updated daily.

Market Average

$1,384/mo

▲ +4.6% from last month

Lowest Available

$749/mo

cheapest unit on market

Communities

17

tracked daily

Units Listed

59

available now

Rent by Neighborhood in Montgomery, AL

Compare average rent across Montgomery, AL neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Montgomery 36116 $1,611 ▲  $68 $1,408 1 10
Montgomery 36104 $1,379 ▼  $65 $749 9 21
Montgomery 36117 $1,348 - $749 4 18
Hillwood $1,233 - $899 3 10

Is Rent Going Up or Down in Montgomery, AL?

As of July 2026, the average rent in Montgomery, AL is $1,384 per month across 17 apartment communities and 59 available units. Rents have increased $59 (4.6%) over the past month.

The most affordable option is Heritage View Apartment Homes starting at $749/mo. By unit type, a studio averages $749/mo, a 1-bedroom averages $1,310/mo, a 2-bedroom averages $1,467/mo, a 3-bedroom averages $1,432/mo.

Prices range from $749 to $1,846 per month. The most common price point is the $1,600 range, where 18 units are currently listed.

Montgomery, AL Rent Price History

Window
View as table
Month Avg Rent Change Properties
May 2026 $1,280 - 6
June 2026 $1,277 -$3 16
July 2026 $1,330 +$53 15

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Montgomery, AL

Studio
$749
from $749 · 1 units
1 Bed
$1,310
from $858 · 25 units
2 Bed
$1,467
from $749 · 26 units
3 Bed
$1,432
from $831 · 7 units

Rent Prices by Apartment in Montgomery, AL

Property Starting at Average Units Rating
Heritage View Apartment Homes $749/mo $790/mo 2 4.1
Azalea Hill Apartments $749/mo $896/mo 3 4.2
Adams Avenue Flats $858/mo $858/mo 1 4.5
Zelda Pointe Apartments $899/mo $992/mo 4 3.8
Residence Group Inc. $905/mo $905/mo 1 4.6
The 40 Four Building $985/mo $985/mo 1 4.9
District 36 Lofts $1,087/mo $1,087/mo 1 4.3

Frequently Asked Questions About Rent in Montgomery, AL

What is the average rent in Montgomery, AL?

The average rent in Montgomery, AL is $1,384 per month as of July 2026, based on 59 units across 17 apartment communities.

Is rent going up or down in Montgomery, AL?

Rent in Montgomery, AL has increased $59 (4.6%) over the past month. The current average is $1,384/mo.

What is the cheapest apartment in Montgomery, AL?

The most affordable apartment in Montgomery, AL is Heritage View Apartment Homes with units starting at $749/mo.

How much is a 1-bedroom apartment in Montgomery, AL?

A 1-bedroom apartment in Montgomery, AL averages $1,310/mo, with prices starting at $858/mo across 25 available units.

How many apartments are available in Montgomery, AL?

There are 59 units available across 17 apartment communities in Montgomery, AL.

What salary do I need to live comfortably in Montgomery, AL?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$55,000/year

Based on the 30 percent rule, using our tracked average rent of $1,384/mo.

Comfortable income

$66,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($749/mo), you need to earn at least $30,000/year.

Median household income in Montgomery, AL is $55,687 , about 16% below the comfortable-living threshold.

Cost of living in Montgomery, AL

Overall prices in Montgomery, AL runs below the national average by about 10% (BEA Regional Price Parity index 89.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Montgomery, AL's regional price parities.

Category Monthly estimate
Rent (market average) $1,384
Utilities $283
Groceries $511
Transportation $674
Healthcare $329
Other goods and services $526
Estimated total $3,705/mo

Population

198,440

Median household income

$55,687

Census median rent

$1,059/mo

Rent as % of income

31.0%

Median age

36.2

Mean commute

21 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Montgomery, AL Apartments

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