How much does it cost to rent at Montgomery Place Apartments?

Rent at Montgomery Place Apartments in Montgomery, IL ranges from $1,867 to $2,265 per month as of September 22, 2026.

What is the average 1 bed rent at Montgomery Place Apartments?

The average 1 bed apartment at Montgomery Place Apartments costs $1,889/month, starting from $1,867.

What is the average 2 bed rent at Montgomery Place Apartments?

The average 2 bed apartment at Montgomery Place Apartments costs $2,121/month, starting from $2,008.

Is Montgomery Place Apartments a good apartment complex?

Montgomery Place Apartments has a 4.6-star rating on Google based on 451 reviews.

Updated September 22, 2026 at 8:50 p.m. CT

Montgomery Place Apartments

1175 Reading Dr, Montgomery, IL 60538, USA

4.6 (451 reviews) Official Website

Live pricing, refreshed September 22, 2026 at 8:50 p.m. CT

Units Listed

$1,867

Starting at

$2,028

Average

$2,265

Highest

$2.16

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Montgomery 60538 rent trends

Beds

Pricing by Bedroom

1 Bed

$1,889

from $1,867 · 8 units

~787 sqft avg

2 Bed

$2,121

from $2,008 · 12 units

~1,042 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (24)

Largest 8 movers of 24

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$42K

$501K annual run rate

Modeled estimate

Est. Occupancy

50%

of about 40 units (modeled from leasing activity)

Effective Rent on New Leases

$2,088

vs $2,028 current asking

Recent Lease Activity

40 units tracked; 20 assumed leased, 20 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Good availability

8 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Montgomery, IL

Similar

The Onyx on Victoria

$1,562

Montgomery Place Apartments

$1,867

Comparing this building against 1 similar Montgomery, IL apartments by price. Click any bar to view that building.

See rent trends on the Montgomery, IL map Explore Montgomery, IL on the interactive map

Available Units

Sort

20 units

1 Bed / 1 Bath Juniper

$1,867/mo

763 ft² · $2.45/ft² · #14

Down $4 since Sep 23 (was $1,871)

1 Bed / 1 Bath Elm

$1,872/mo

785 ft² · $2.38/ft² · #6

Down $5 since Sep 23 (was $1,877)

1 Bed / 1 Bath Juniper

$1,882/mo

746 ft² · $2.52/ft² · #12

Down $4 since Sep 23 (was $1,886)

1 Bed / 1 Bath Juniper

$1,882/mo

766 ft² · $2.46/ft² · #13

Down $4 since Sep 23 (was $1,886)

1 Bed / 1 Bath Juniper

$1,882/mo

763 ft² · $2.47/ft² · #15

Down $4 since Sep 23 (was $1,886)

1 Bed / 1 Bath Oak

$1,893/mo

842 ft² · $2.25/ft² · #17

Down $20 since Sep 23 (was $1,913)

1 Bed / 1 Bath Oak

$1,908/mo

842 ft² · $2.27/ft² · #16

Down $20 since Sep 23 (was $1,928)

1 Bed / 1 Bath Elm

$1,922/mo

785 ft² · $2.45/ft² · #5

Down $5 since Sep 23 (was $1,927)

2 Bed / 1 Bath Hickory

$2,008/mo

1,006 ft² · $2.00/ft² · #10

Down $6 since Sep 23 (was $2,014)

2 Bed / 1 Bath Hickory

$2,028/mo

1,006 ft² · $2.02/ft² · #7

Down $6 since Sep 23 (was $2,034)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
14	Juniper	1bd / 1ba	763	$1,867	$2.45	--	Pro	Down $4 since Sep 23
6	Elm	1bd / 1ba	785	$1,872	$2.38	--	Pro	Down $5 since Sep 23
12	Juniper	1bd / 1ba	746	$1,882	$2.52	--	Pro	Down $4 since Sep 23
13	Juniper	1bd / 1ba	766	$1,882	$2.46	--	Pro	Down $4 since Sep 23
15	Juniper	1bd / 1ba	763	$1,882	$2.47	--	Pro	Down $4 since Sep 23
17	Oak	1bd / 1ba	842	$1,893	$2.25	--	Pro	Down $20 since Sep 23
16	Oak	1bd / 1ba	842	$1,908	$2.27	--	Pro	Down $20 since Sep 23
5	Elm	1bd / 1ba	785	$1,922	$2.45	--	Pro	Down $5 since Sep 23
10	Hickory	2bd / 1ba	1,006	$2,008	$2.00	--	Pro	Down $6 since Sep 23
7	Hickory	2bd / 1ba	1,006	$2,028	$2.02	--	Pro	Down $6 since Sep 23
8	Hickory	2bd / 1ba	1,006	$2,043	$2.03	--	Pro	Down $6 since Sep 23
11	Hickory	2bd / 1ba	1,006	$2,050	$2.04	--	Pro	Down $6 since Sep 23
9	Hickory	2bd / 1ba	1,006	$2,078	$2.07	--	Pro	Down $6 since Sep 23
2	Cedar	2bd / 2ba	1,000	$2,082	$2.08	--	Pro
20	Sycamore	2bd / 2ba	997	$2,133	$2.14	--	Pro	Down $5 since Sep 23
1	Cedar	2bd / 2ba	1,000	$2,144	$2.14	--	Pro	Down $5 since Sep 19
18	Spruce	2bd / 2ba	1,124	$2,171	$1.93	--	Pro	Down $5 since Sep 23
19	Spruce	2bd / 2ba	1,111	$2,221	$2.00	--	Pro	Up $50 since Sep 23
3	Cypress	2bd / 2ba	1,131	$2,225	$1.97	--	Pro	Down $5 since Sep 19
4	Cypress	2bd / 2ba	1,107	$2,265	$2.05	--	Pro	Down $5 since Sep 19

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Montgomery, IL notes

No resident notes for this property yet.