Montgomery

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Montgomery, IL Area Guide

Avg Rent

$1,421

Population

21,075

Renter Mix

20% Rent

A great little village on the outskirts of Chicago.

Family-Friendly Riverfront Outdoor Activities Near Universities Great Shopping

Sitting right where the Fox River curves through the western suburbs, Montgomery gives you easy access to the Chicago metro without the big-city price tag. The village sits just south of Aurora and roughly 12 miles from Naperville, putting two thriving downtowns within a short drive. Settlers Cottage Museum, one of the oldest standing structures in the region dating to the 1840s, adds a layer of history that feels genuinely lived-in rather than preserved under glass. The Fox River Trail winds through town, connecting green spaces ideal for fishing, cycling, or a slow afternoon walk along the water.

Shopping and entertainment are never far, with Chicago Premium Outlets and Fox Valley Mall just minutes away, and Aurora University nearby for a steady cultural presence. Renters will find a solid mix of townhome communities, garden-style apartment communities, and spacious multi-bedroom rentals that offer more square footage than you'd expect this close to Chicago. Whether you're after a cozy one-bedroom near the riverfront or a larger layout with room to spread out, Montgomery's rental market covers a wide range of options without the density of the bigger surrounding cities.

Demographics

Median Household Income

$95,799

Average: $98,764

Education

5,800

Residents Have a Degree

Job Market

11,604

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

35 Years

Largest Age Group

40-49 Years

Approximately 16% of Residents

Under 20

29%

Over 65

11%

Housing Distribution

Montgomery has more homeowners than renters.

Renters
20%
Non-Renters
80%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
21%
Other Education
79%

Rent Trends

As of April 2026, the average apartment rent in Montgomery, IL is $1,098 for a studio, $1,420 for one bedroom, $1,639 for two bedrooms, and $2,143 for three bedrooms. Apartment rent in Montgomery has increased by 1.0% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,420/month
677 Sq Ft
House
$2,680/month
1,491 Sq Ft
Townhome
$2,311/month
1,425 Sq Ft
See Rental Market Trends in Montgomery, IL

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Somewhat Bikeable

Bikeability

30 / 100

Schools

Lakewood Creek Elementary

Public

Grades PK-5

762 Students

Boulder Hill Elementary School

Public

Grades K-5

490 Students

Kaneland Mcdole Elementary School

Public

Grades PK-5

419 Students

Nicholson Elementary School

Public

Grades K-5

309 Students

Long Beach Elementary School

Public

Grades PK-5

674 Students

Points of Interest

Parks and Recreation

  • SciTech
  • Phillips Park Zoo
  • Blackberry Farm
  • Red Oak Nature Center
  • Bliss Woods Forest Preserve

Airports

  • Chicago Midway International
  • Chicago O'Hare International

Top Apartments in Montgomery

Houses for Rent in Montgomery

Search Nearby Rentals

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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.