Last updated
Average Rent in Montgomery 36104 & Rent Trends
Rent prices and market trends across 7 apartment communities in Montgomery 36104, Montgomery, AL. Updated daily.
Market Average
$1,372/mo
▲ +0.2% from last month
Lowest Available
$749/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
20
available now
Price Cuts This Week in Montgomery 36104
3 listed units across 2 buildings in Montgomery 36104 dropped their asking rent in the past 7 days, an average cut of $156/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Residence Group Inc. | Unit 1 | $1,195 | $905 | $290 |
| The Heights Apartments | Unit 2, A2 - 1BR 1BA | $1,567 | $1,469 | $98 |
| The Heights Apartments | Unit 4, A2 - 1BR 1BA | $1,561 | $1,482 | $79 |
Montgomery 36104 vs Montgomery, AL Average
Montgomery 36104 is more expensive than the Montgomery, AL average by $14/mo (1%). The citywide average is $1,358/mo across all neighborhoods.
Is Rent Going Up or Down in Montgomery 36104?
As of August 2026, the average rent in Montgomery 36104 is $1,372 per month across 7 apartment communities and 20 available units. Rents have increased $2 (0.2%) over the past month.
The most affordable option is Heritage View Apartment Homes starting at $749/mo. By unit type, a 1-bedroom averages $1,291/mo, a 2-bedroom averages $1,518/mo, a 3-bedroom averages $1,092/mo.
Prices range from $749 to $1,817 per month. The most common price point is the $1,400 range, where 6 units are currently listed.
Montgomery 36104 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,219 | - | 5 |
| June 2026 | $1,203 | -$16 | 9 |
| July 2026 | $1,145 | -$58 | 10 |
| August 2026 | $1,161 | +$16 | 9 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Montgomery 36104
Rent Prices by Apartment in Montgomery 36104
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Heritage View Apartment Homes | $749/mo | $749/mo | 1 | 4.1 |
| Columbus Square Apartments | $800/mo | $946/mo | 2 | 3.8 |
| Adams Avenue Flats | $858/mo | $858/mo | 1 | 4.5 |
| Residence Group Inc. | $905/mo | $905/mo | 1 | 4.6 |
| District 36 Lofts | $1,052/mo | $1,052/mo | 1 | 4.3 |
| The Bell Lofts | $1,250/mo | $1,480/mo | 6 | 4.2 |
| The Heights Apartments | $1,469/mo | $1,637/mo | 8 | 4.7 |
Frequently Asked Questions About Rent in Montgomery 36104
What is the average rent in Montgomery 36104?
Is rent going up or down in Montgomery 36104?
What is the cheapest apartment in Montgomery 36104?
How much is a 1-bedroom apartment in Montgomery 36104?
How many apartments are available in Montgomery 36104?
What salary do I need to live comfortably in Montgomery 36104?
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 $1,372/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 36104 is $55,687 , about 15% below the comfortable-living threshold.
Cost of living in Montgomery 36104
Overall prices in Montgomery 36104 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 36104's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,372 |
| Utilities | $283 |
| Groceries | $511 |
| Transportation | $674 |
| Healthcare | $329 |
| Other goods and services | $526 |
| Estimated total | $3,693/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.
Google Search Trends for Montgomery 36104 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Montgomery 36104 Apartments
Browse all 7 communities with daily-updated pricing and availability.