The One at Montgomery
10510 Chantilly Pky,
Montgomery, AL 36117
Call for Rent
1-3 Beds
Rental Market Trends in Montgomery, AL
What is the average rent in Montgomery, AL?
$909/month
Average Rent
752 Sq Ft
Average Apartment Size
-0.4%
Decrease in the Last Year
As of April 2026, the average rent in Montgomery, AL is $909 per month. This is 45% lower than the national average rent of $1,641/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 $707 per month for a studio, $909 for a one-bedroom apartment, and around $1,066 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,270 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 decreased by 0.4%, which averages out to $3 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Montgomery, AL
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
46%
$700 - $1,000/month
30%
$1,001 - $1,500/month
7%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Montgomery?
Based on current rent prices, East Montgomery, Copperfield and Downtown 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, Entertainment District, Somerset and Downtown Montgomery 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, Downtown Montgomery and Entertainment District .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Montgomery, AL?
Because the average rent in Montgomery is $909, you’ll want to make about $3,030 per month or $36,360 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 8.9% lower than the national average. Generally, housing in Montgomery is 17.5% less expensive than the national average, with rent falling between $707 - $1,270. You can expect to pay 0.6% more for groceries, 10.5% more for utilities, and 11.1% 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
$1,952/month
-
One Bedroom
$2,176/month
-
Two Bedroom
$2,597/month
-
Three Bedroom
$2,925/month
-
Nearby City Rent Trends
Apartment communities in Montgomery we think you'll love
Property Management Companies in Montgomery, AL
Foshee Residential Management Company
-
22
Communities
-
6,510
Units
-
7
Cities
6 Communities in Montgomery
Kushner Companies
-
64
Communities
-
22,175
Units
-
47
Cities
3 Communities in Montgomery
Green Alpha Property Management
-
58
Communities
-
5,331
Units
-
45
Cities
3 Communities in Montgomery
Highlands Vista Group Management LLC
-
46
Communities
-
7,792
Units
-
35
Cities
3 Communities in Montgomery
Arbour Valley Communities
-
30
Communities
-
4,244
Units
-
25
Cities
3 Communities in Montgomery
Ascent Residential
-
20
Communities
-
4,927
Units
-
15
Cities
3 Communities in Montgomery
Multi-South Management
-
60
Communities
-
12,151
Units
-
12
Cities
3 Communities in Montgomery
Hawthorne Residential Partners
-
248
Communities
-
59,853
Units
-
111
Cities
2 Communities in Montgomery
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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.
* Percentages may not total 100 due to rounding.