Eastdale Oaks
425 N Burbank Dr,
Montgomery, AL 36117
1-2 Beds | $895 - $1,125
Rental Market Trends in Montgomery, AL
What is the average rent in Montgomery, AL?
$920/month
Average Rent
754 Sq Ft
Average Apartment Size
+4.5%
Increase in the Last Year
As of June 2025, the average rent in Montgomery, AL is $920 per month. This is 43% lower than the national average rent of $1,627/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 $714 per month for a studio, $920 for a one-bedroom apartment, and around $1,048 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,256 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Montgomery, AL?
In the past year, rent has increased by 4.5%, which averages out to $42 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 June 2025
Legend
2024
2025
Rent Ranges in Montgomery, AL
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
19%
Below $700/month
38%
$700 - $1,000/month
37%
$1,001 - $1,500/month
6%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Montgomery?
Based on current rent prices, Elsmeade, East Montgomery and South Montgomery are the most affordable neighborhoods in Montgomery.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Montgomery?
Based on current rent prices, Cottage Hill, Cottage Hill Historic District and Maxwell Blvd E-Overlook Park are the most expensive neighborhoods in Montgomery.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Montgomery, AL?
Because the average rent in Montgomery is $920, you’ll want to make about $3,066 per month or $36,792 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 11.3% lower than the national average. Generally, housing in Montgomery is 25.3% less expensive than the national average, with rent falling between $714 - $1,256. You can expect to pay 1.0% less for groceries, 14.6% more for utilities, and 9.2% less for transportation.
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.
Studio
-
$709/month
One Bedroom
-
$971/month
Two Bedroom
-
$1,139/month
Three Bedroom
-
$1,422/month
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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 June 2025.
* Percentages may not total 100 due to rounding.