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Rental Market Trends in Montgomery, AL

What is the average rent in Montgomery, AL?

$922/month

Average Rent

755 Sq Ft

Average Apartment Size

+4.2%

Increase in the Last Year

As of October 2025, the average rent in Montgomery, AL is $922 per month. This is 43% lower than the national average rent of $1,630/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 $779 per month for a studio, $922 for a one-bedroom apartment, and around $1,077 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,265 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$779/month
411 Sq Ft
One Bedroom
$922/month
755 Sq Ft
Two Bedroom
$1,077/month
1,045 Sq Ft
Three Bedroom
$1,265/month
1,319 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$909/month
958 Sq Ft
Two Bedroom
$1,141/month
1,239 Sq Ft
Three Bedroom
$1,345/month
1,340 Sq Ft
Four Bedroom
$1,868/month
2,061 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,147/month
1,359 Sq Ft
Three Bedroom
$979/month
1,332 Sq Ft

How much has average rent changed in Montgomery, AL?

In the past year, rent has increased by 4.2%, which averages out to $39 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 October 2025
Legend
2024 2025
Market Trends Over Time

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, Elsmeade, South Montgomery and East Montgomery are the most affordable neighborhoods in Montgomery.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Elsmeade
$666/month
695 Sq Ft
South Montgomery
$1,075/month
815 Sq Ft
East Montgomery
$1,076/month
787 Sq Ft
Downtown Montgomery
$1,193/month
795 Sq Ft
Copperfield
$1,272/month
704 Sq Ft
Sturbridge
$1,370/month
815 Sq Ft
Entertainment District
$1,393/month
769 Sq Ft

What are the most expensive neighborhoods in Montgomery?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Entertainment District
$1,393/month
769 Sq Ft
Sturbridge
$1,370/month
815 Sq Ft
Copperfield
$1,272/month
704 Sq Ft
Downtown Montgomery
$1,193/month
795 Sq Ft
East Montgomery
$1,076/month
787 Sq Ft
South Montgomery
$1,075/month
815 Sq Ft
Elsmeade
$666/month
695 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
$1,076/month
787 Sq Ft
South Montgomery
$1,075/month
815 Sq Ft
Downtown Montgomery
$1,193/month
795 Sq Ft
Entertainment District
$1,393/month
769 Sq Ft
Sturbridge
$1,370/month
815 Sq Ft
Elsmeade
$666/month
695 Sq Ft
Copperfield
$1,272/month
704 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 $922, you’ll want to make about $3,073 per month or $36,876 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 10.7% lower than the national average. Generally, housing in Montgomery is 23.4% less expensive than the national average, with rent falling between $779 - $1,265. You can expect to pay 0.9% less for groceries, 14.8% more for utilities, and 8.7% less for transportation.

City

Montgomery, AL

1,317 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

Elsmeade

Montgomery, AL

South Montgomery

Montgomery, AL

Studio
-
$425/month
One Bedroom
-
$819/month
Two Bedroom
-
$958/month
Three Bedroom
-
$1,159/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

$900 - $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
Arbour Valley Communities
Arbour Valley Communities
  • 31

    Communities

  • 4,164

    Units

  • 24

    Cities

4 Communities in Montgomery
Kushner Companies
Kushner Companies
  • 61

    Communities

  • 21,190

    Units

  • 45

    Cities

3 Communities in Montgomery
Highlands Vista Group Management LLC
Highlands Vista Group Management LLC
  • 44

    Communities

  • 7,498

    Units

  • 34

    Cities

3 Communities in Montgomery
Emerald City Associates
Emerald City Associates
  • 35

    Communities

  • 3,559

    Units

  • 25

    Cities

3 Communities in Montgomery
Ascent Residential
Ascent Residential
  • 22

    Communities

  • 5,402

    Units

  • 16

    Cities

3 Communities in Montgomery
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 261

    Communities

  • 62,592

    Units

  • 119

    Cities

2 Communities in Montgomery
Everest Equities Group
Everest Equities Group
  • 34

    Communities

  • 3,142

    Units

  • 29

    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 September 2025.

* Percentages may not total 100 due to rounding.

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