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Rental Market Trends in Montgomery, NY

What is the average rent in Montgomery, NY?

$1,622/month

Average Rent

705 Sq Ft

Average Apartment Size

+4%

Increase in the Last Year

As of May 2025, the average rent in Montgomery, NY is $1,622 per month. For comparison, the national average rent price in the US is currently $1,625/month, which means Montgomery rent prices are 0% lower than the national average. When you rent an apartment in Montgomery, you can expect to pay about per month for a studio, $1,622 for a one-bedroom apartment, and around $1,821 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,032 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,622/month
705 Sq Ft
Two Bedroom
$1,821/month
839 Sq Ft
Three Bedroom
$2,032/month
200 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, NY?

In the past year, rent has increased by 4%, which averages out to $65 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Montgomery, NY
Last Updated May 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Montgomery, NY
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
67% $1,501 - $2,000/month
33% Above $2,000/month

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

Because the average rent in Montgomery is $1,622, you’ll want to make about $5,406 per month or $64,872 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.

City

Montgomery, NY

8 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Montgomery, NY 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.

Apartment Averages

Nearby City Rent Trends

  • Walden Average Rent
  • New Windsor Average Rent

Apartment communities in Montgomery we think you'll love

Hawkins Apartments

Hawkins Apartments

60-90 Hawkins Drive,
Montgomery, NY 12549

1-3 Beds | Call for Rent

Loosestrife Fields

Loosestrife Fields

500 Patchett Way,
Montgomery, NY 12549

1-2 Beds | $1,750 - $1,900

145 Charles St

145 Charles St

145 Charles St,
Montgomery, NY 12549

3 Beds | $2,800

155 Ward St

155 Ward St

155 Ward St,
Montgomery, NY 12549

3 Beds | $2,500

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United States New York 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity