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Rental Market Trends in Montgomery, AL

What is the average rent in Montgomery, AL?

$904/month

Average Rent

757 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of December 2025, the average rent in Montgomery, AL is $904 per month. This is 45% lower than the national average rent of $1,631/month, making renting in Montgomery more affordable than most cities in the US. When you rent an apartment in Montgomery, you can expect to pay about $753 per month for a studio, $904 for a one-bedroom apartment, and around $1,060 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,268 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$753/month
411 Sq Ft
One Bedroom
$904/month
757 Sq Ft
Two Bedroom
$1,060/month
1,045 Sq Ft
Three Bedroom
$1,268/month
1,319 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,065/month
893 Sq Ft
Two Bedroom
$1,095/month
1,231 Sq Ft
Three Bedroom
$1,323/month
1,346 Sq Ft
Four Bedroom
$1,775/month
1,948 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,342/month
1,264 Sq Ft
Three Bedroom
$877/month
1,266 Sq Ft

How much has average rent changed in Montgomery, AL?

In the past year, rent has increased by 2%, which averages out to $19 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Montgomery, AL
Last Updated December 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Montgomery, AL
Percentage*
Rent Range
17% Below $700/month
47% $700 - $1,000/month
29% $1,001 - $1,500/month
6% $1,501 - $2,000/month
1% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Montgomery?

Based on current rent prices, East Montgomery, South Montgomery and Downtown Montgomery are the most affordable neighborhoods in Montgomery.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Montgomery
$1,073/month
799 Sq Ft
South Montgomery
$1,095/month
799 Sq Ft
Downtown Montgomery
$1,250/month
757 Sq Ft
Copperfield
$1,268/month
787 Sq Ft
Lower Commerce Historic District
$1,326/month
708 Sq Ft
Entertainment District
$1,373/month
760 Sq Ft
Sturbridge
$1,375/month
811 Sq Ft
Cottage Hill
$1,476/month
854 Sq Ft

What are the most expensive neighborhoods in Montgomery?

Based on current rent prices, Cottage Hill, Sturbridge and Entertainment District are the most expensive neighborhoods in Montgomery.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cottage Hill
$1,476/month
854 Sq Ft
Sturbridge
$1,375/month
811 Sq Ft
Entertainment District
$1,373/month
760 Sq Ft
Lower Commerce Historic District
$1,326/month
708 Sq Ft
Copperfield
$1,268/month
787 Sq Ft
Downtown Montgomery
$1,250/month
757 Sq Ft
South Montgomery
$1,095/month
799 Sq Ft
East Montgomery
$1,073/month
799 Sq Ft

Which Montgomery neighborhoods have the most rentals available?

The neighborhoods in Montgomery with the most apartments available are East Montgomery, South Montgomery and Downtown Montgomery .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Montgomery
$1,073/month
799 Sq Ft
South Montgomery
$1,095/month
799 Sq Ft
Downtown Montgomery
$1,250/month
757 Sq Ft
Entertainment District
$1,373/month
760 Sq Ft
Lower Commerce Historic District
$1,326/month
708 Sq Ft
Sturbridge
$1,375/month
811 Sq Ft
Copperfield
$1,268/month
787 Sq Ft
Cottage Hill
$1,476/month
854 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Montgomery, AL?

Because the average rent in Montgomery is $904, you’ll want to make about $3,013 per month or $36,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Montgomery, AL is 10.2% lower than the national average. Generally, housing in Montgomery is 21.1% less expensive than the national average, with rent falling between $753 - $1,268. You can expect to pay 0.6% less for groceries, 13.7% more for utilities, and 9.7% less for transportation.

City

Montgomery, AL

1,438 Available Apartments for Rent

Search for Nearby Apartments

How does Montgomery, AL compare to other nearby cities and neighborhoods?

Use the tool below to compare Montgomery, AL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Montgomery, AL

Apartment Averages

East Montgomery

Montgomery, AL

South Montgomery

Montgomery, AL

Studio
$763/month
$425/month
One Bedroom
$941/month
$814/month
Two Bedroom
$1,153/month
$941/month
Three Bedroom
$1,419/month
$1,150/month
Search
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Nearby City Rent Trends

  • Prattville Average Rent

Apartment communities in Montgomery we think you'll love

Sunrise Apartments

Sunrise Apartments

51 Cecil Ln,
Montgomery, AL 36109

$765 - $915

1-2 Beds

The Retreat at Eddins Apartments

The Retreat at Eddins Apartments

203 Eastdale Rd S,
Montgomery, AL 36117

$825 - $1,315

1-3 Beds

The Gatsby at Midtown Apartment Living

The Gatsby at Midtown Apartment Living

1 Gatsby Dr,
Montgomery, AL 36106

$1,250 - $1,600

2-3 Beds

Vaughn Lakes

Vaughn Lakes

2600 Vaughn Lakes Blvd,
Montgomery, AL 36117

$835 - $1,700

Studio - 3 Beds

Property Management Companies in Montgomery, AL

Foshee Residential Management Company
Foshee Residential Management Company
  • 27

    Communities

  • 7,050

    Units

  • 10

    Cities

7 Communities in Montgomery
Kushner Companies
Kushner Companies
  • 62

    Communities

  • 21,485

    Units

  • 45

    Cities

3 Communities in Montgomery
Highlands Vista Group Management LLC
Highlands Vista Group Management LLC
  • 45

    Communities

  • 7,702

    Units

  • 35

    Cities

3 Communities in Montgomery
Emerald City Associates
Emerald City Associates
  • 37

    Communities

  • 3,815

    Units

  • 27

    Cities

3 Communities in Montgomery
Arbour Valley Communities
Arbour Valley Communities
  • 30

    Communities

  • 4,052

    Units

  • 24

    Cities

3 Communities in Montgomery
Ascent Residential
Ascent Residential
  • 21

    Communities

  • 5,253

    Units

  • 16

    Cities

3 Communities in Montgomery
Multi-South Management
Multi-South Management
  • 58

    Communities

  • 11,674

    Units

  • 11

    Cities

3 Communities in Montgomery
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 249

    Communities

  • 58,390

    Units

  • 108

    Cities

2 Communities in Montgomery

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United States Alabama Montgomery Rental Trends

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.

* Percentages may not total 100 due to rounding.

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