The One at Montgomery
10510 Chantilly Pky,
Montgomery, AL 36117
1-3 Beds | $1,725 - $2,155
Rental Market Trends in Montgomery, AL
Updated July 2026
The average rent in Montgomery, AL is $936/month.
Rent in Montgomery is 44% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$936/month
Average Rent
755 Sq Ft
Average Size
+1%
Change / Year
1,568
Available Apartments
Montgomery rent varies by unit size and layout:
- Studio apartments in Montgomery average $710 per month.
- One-bedroom apartments in Montgomery average $936 per month.
- Two-bedroom apartments in Montgomery average $1,094 per month.
- Three-bedroom apartments in Montgomery average $1,286 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Montgomery, AL?
In the past year, rent has increased by 1%, which averages out to $10 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Montgomery, AL
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
15%
Below $700/month
46%
$700 - $1,000/month
27%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Montgomery?
Based on current rent prices, North, East Montgomery and Garden District 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, Downtown Montgomery and Garden District 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 North .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Montgomery, AL?
Because the average rent in Montgomery is $936, you’ll want to make about $3,120 per month or $37,440 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 9.1% lower than the national average. Generally, housing in Montgomery is 17.6% less expensive than the national average, with rent falling between $710 - $1,286. You can expect to pay 0% less for groceries, 9.5% more for utilities, and 11.5% 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.
View the Montgomery Area GuideStudio
-
$710/month
One Bedroom
$901/month
$991/month
Two Bedroom
$1,095/month
$1,194/month
Three Bedroom
$1,252/month
$1,465/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Montgomery?
The average rent in Montgomery is $936 per month, which is 43.7% lower than the national average of $1,663.
What is the average rent for a house in Montgomery?
The average rent for a house in Montgomery, AL is $1,409 per month.
What is the average rent for a townhome in Montgomery?
The average rent for a townhome in Montgomery, AL is $1,037 per month.
Are rents going up or down in Montgomery?
Rents in Montgomery, AL are increasing, with prices up 1.0% year-over-year and $10 more per month.
What rent range is most common in Montgomery?
In Montgomery, AL, 46% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 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.