Last updated
Average Rent in Hillwood & Rent Trends
Rent prices and market trends across 2 apartment communities in Hillwood, Montgomery, AL. Updated daily.
Market Average
$1,095/mo
Lowest Available
$965/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
3
available now
Hillwood vs Montgomery, AL Average
Hillwood is cheaper the Montgomery, AL average by $269/mo (20%). The citywide average is $1,364/mo across all neighborhoods.
Is Rent Going Up or Down in Hillwood?
As of June 2026, the average rent in Hillwood is $1,095 per month across 2 apartment communities and 3 available units.
The most affordable option is Zelda Pointe Apartments starting at $965/mo. By unit type, a 2-bedroom averages $1,095/mo.
Prices range from $965 to $1,200 per month. The most common price point is the $1,000 range, where 2 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Hillwood
Rent Prices by Apartment in Hillwood
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Zelda Pointe Apartments | $965/mo | $1,042/mo | 2 | 3.8 |
| The Gatsby at Midtown Apartment Living | $1,200/mo | $1,200/mo | 1 | 3.4 |
Google Search Trends for Hillwood Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Hillwood
What is the average rent in Hillwood?
Is rent going up or down in Hillwood?
What is the cheapest apartment in Hillwood?
How many apartments are available in Hillwood?
What salary do I need to live comfortably in Hillwood?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$44,000/year
Based on the 30 percent rule, using our tracked average rent of $1,095/mo.
Comfortable income
$53,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($965/mo), you need to earn at least $39,000/year.
Median household income in Hillwood is $55,687 , about 6% above the comfortable-living threshold.
Cost of living in Hillwood
Overall prices in Hillwood 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 Hillwood's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,095 |
| Utilities | $283 |
| Groceries | $511 |
| Transportation | $674 |
| Healthcare | $329 |
| Other goods and services | $526 |
| Estimated total | $3,416/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 Hillwood Apartments
Browse all 2 communities with daily-updated pricing and availability.