The Gatsby at Midtown Apartment Living
1 Gatsby Dr,
Montgomery, AL 36106
$1,250 - $1,665
2-3 Beds
Montgomery
Montgomery, AL
Area Guide
Alabama’s capital honors rich history while looking towards the future.
Historic
•
Riverfront
•
Commuter
•
Convenient
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Living in Montgomery combines rich history with contemporary living options. The state capital offers diverse housing choices, from historic homes in the Garden District to newer communities in east Montgomery. Currently, the rental market shows moderate growth with average rents ranging from $709 for studios to $1,450 for four-bedroom units, reflecting a steady year-over-year increase between 1.7% and 22.5%. Downtown Montgomery has transformed in recent years, centered around Riverfront Park, where residents enjoy concerts and events along the Alabama River. Cultural attractions include the Montgomery Museum of Fine Arts and the internationally recognized Alabama Shakespeare Festival.
Montgomery's neighborhoods each maintain their own distinct character. East Montgomery continues to expand with convenient access to The Shoppes at EastChase, an open-air lifestyle center. The Garden District and Cloverdale Historic District showcase preserved Victorian and Gothic Revival architecture. The city benefits from several educational institutions, with Alabama State University, Auburn University at Montgomery, and Maxwell Air Force Base contributing to the local economy. Montgomery's forward-thinking spirit dates back to 1886 when it established the nation's first citywide electric streetcar system, known as the Lightning Route.
Rent Trends
As of December 2025, the average apartment rent in Montgomery, AL is $773 for a studio, $903 for one bedroom, $1,052 for two bedrooms, and $1,262 for three bedrooms. Apartment rent in Montgomery has increased by 2.0% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$903/month
757 Sq Ft
House
$1,449/month
1,568 Sq Ft
Condo
$1,657/month
864 Sq Ft
Townhome
$1,269/month
1,242 Sq Ft
Cost of Living
The cost of living in Montgomery, AL is 9.6% lower than the national average. Generally, housing in Montgomery is 19.3% less expensive than the national average, with rent falling between $773 - $1,262. You can expect to pay 0.7% more for groceries, 11.7% more for utilities, and 11.4% less for transportation.
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Transportation
38
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
19
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
37
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Schools
Forest Avenue Elementary School
Public
Grades K-5
628 Students
Public
Grades K-5
511 Students
Public
Grades PK-5
615 Students
Wynton M Blount Elementary School
Public
Grades PK-5
375 Students
Public
Grades PK-5
622 Students
Baldwin Art And Academics Magnet School
Public
Grades 6-8
510 Students
Public
Grades 6-8
481 Students
Public
Grades 6-8
761 Students
Public
Grades 6-8
676 Students
Public
Grades 6-8
838 Students
Brewbaker Tech Magnet High School
Public
Grades 9-12
575 Students
Loveless Academic Magnet Prog High School
Public
Grades 9-12
464 Students
Booker T Washington Magnet High School
Public
Grades 9-12
392 Students
Public
Grades 9-12
906 Students
Public
Grades 9-12
902 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Gayle Planetarium
- Montgomery Zoo
Military Bases
Airports
- Montgomery Regional (Dannelly Field)
Top Apartments in Montgomery
Houses for Rent in Montgomery
Property Management Companies in Montgomery, AL
Foshee Residential Management Company
-
27
Communities
-
7,050
Units
-
10
Cities
7 Communities in Montgomery
Kushner Companies
-
62
Communities
-
21,485
Units
-
45
Cities
3 Communities in Montgomery
Highlands Vista Group Management LLC
-
45
Communities
-
7,702
Units
-
35
Cities
3 Communities in Montgomery
Emerald City Associates
-
37
Communities
-
3,815
Units
-
27
Cities
3 Communities in Montgomery
Arbour Valley Communities
-
31
Communities
-
4,332
Units
-
25
Cities
3 Communities in Montgomery
Ascent Residential
-
21
Communities
-
5,253
Units
-
16
Cities
3 Communities in Montgomery
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.