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Average Rent in Montgomery 36116 & Rent Trends

What is the average rent in Montgomery 36116?

The average listed apartment rent in Montgomery 36116 is $1,534 per month, last observed October 25, 2026. This sample includes 9 priced apartments in 1 building. Current availability is not confirmed.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 1 apartment community in Montgomery 36116, Montgomery, AL. Prices update after successful source checks.

Area All Areas Hillwood
Montgomery 36104 36116 36117
Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Showing any bedrooms in Montgomery 36116.

Market Average

$1,534/mo

Lowest Listed

$1,451/mo

as of Oct 25

Communities

1

tracked daily

Units Listed

9

as of Oct 25

Rent Watch: cuts and increases

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Montgomery 36116 vs Montgomery, AL Average

Montgomery 36116 is more expensive than the Montgomery, AL average by $201/mo (15%). The citywide average is $1,333/mo across all neighborhoods.

Is Rent Going Up or Down in Montgomery 36116?

As of October 2026, the average rent in Montgomery 36116 is $1,534 per month across 1 apartment community and 9 recently listed units.

The most affordable option is The Reserve at Billingsley starting at $1,451/mo. By unit type, a 1-bedroom averages $1,460/mo, a 2-bedroom averages $1,593/mo.

Prices range from $1,451 to $1,614 per month. The most common price point is the $1,400 range, where 8 units were listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Montgomery 36116

1 Bed
$1,460
from $1,451 · 4 units
2 Bed
$1,593
from $1,584 · 5 units

Rent Prices by Apartment in Montgomery 36116

Property Starting at Average Units Rating
The Reserve at Billingsley $1,451/mo $1,534/mo 9 4.6

Frequently Asked Questions About Rent in Montgomery 36116

How many bedrooms are you looking for?

How many bedrooms are you looking for?

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Any bedrooms

What is the average rent in Montgomery 36116?
The average listed apartment rent in Montgomery 36116 is $1,534 per month, last observed October 25, 2026. This sample includes 9 priced apartments in 1 building. Current availability is not confirmed.

What rent range can I find in Montgomery 36116?
The apartment listings we track in Montgomery 36116 range from $1,451 to $1,614 per month, last verified October 25, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Montgomery 36116?
There is not enough comparable history to report a reliable 30-day rent change for apartment listings in Montgomery 36116. Missing dates or a change in the buildings we track can prevent a comparison. Missing history does not mean rents stayed flat.

How much is a 1-bedroom apartment in Montgomery 36116?
1-bedroom apartments average $1,460 per month across 4 priced listings in Montgomery 36116. Listed rents range from $1,451 to $1,476 per month, last verified October 25, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Montgomery 36116?
2-bedroom apartments average $1,593 per month across 5 priced listings in Montgomery 36116. Listed rents range from $1,584 to $1,614 per month, last verified October 25, 2026. Compare apartments with similar floor plans and lease terms.

Which tracked building has the lowest starting rent in Montgomery 36116?
The Reserve at Billingsley has the lowest starting rent among the buildings in the comparison table, at $1,451 per month. We track 9 priced listings matching your bedroom choice in that building, last verified October 25, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Montgomery 36116?
The $1,400 to $1,600 monthly range has the most matching listings: 8 units, or 88.9% of the priced apartments we track in Montgomery 36116. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Montgomery 36116?
We track 9 priced units at 1 apartment building, last verified October 25, 2026. These are previously listed units. They are not a confirmed count of apartments available today.

How much rent history is available for Montgomery 36116?
We do not yet have enough accepted price records to draw a history chart for apartment listings in Montgomery 36116. Current asking prices can appear before rent history is ready. We do not fill missing history with zero or with prices for a different bedroom count.

Why can the headline rent differ from the trend chart in Montgomery 36116?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ / senior community and Corporate housing and Military / active duty housing and Veteran housing. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Montgomery 36116 rent figures?
The listed prices were last verified October 25, 2026. They describe previously listed units, not confirmed availability today. Open the building and apartment details to check for a newer price.

What salary do I need to live comfortably in Montgomery 36116?

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

Minimum to afford average rent

$61,000/year

Based on the 30 percent rule, using our tracked average rent of $1,534/mo.

Comfortable income

$74,000/year

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

To afford the cheapest tracked apartment ($1,451/mo), you need to earn at least $58,000/year.

Median household income in Montgomery 36116 is $55,687 , about 24% below the comfortable-living threshold.

Explore Montgomery 36116 Apartments

Browse all 1 communities with daily-updated pricing and availability.

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Cost of living in Montgomery 36116

Overall prices in Montgomery 36116 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 36116's regional price parities.

Category Monthly estimate
Rent (market average) $1,534
Utilities $283
Groceries $511
Transportation $674
Healthcare $329
Other goods and services $526
Estimated total $3,855/mo

Population

198,440

Median household income

$55,687

Census median rent

$1,059/mo

Census rent burden

31.0%

Median age

36.2

Mean commute

21 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

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

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

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.
Alabama Rent Trends
Compare rent across all Alabama cities
Explore Montgomery, AL on Map
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US-wide rent comparison
See how Montgomery, AL rents stack up against the national median

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