What's the average rent in Montgomery, IL?
Rental Market Trends in Montgomery, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of October 2026, the average rent in Montgomery, IL is $2,499 per month, which is 28% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$2,499
4.1%$99 increase month-over-month
-8.3%-$226 decrease year-over-year
AVAILABLE RENTALS
18
APARTMENTS
HOUSES
TOWNHOUSES
As of October 2026, apartments are the most affordable rental option in Montgomery, IL at $1,768 per month, while houses are the most expensive at $3,050 per month. Townhomes average $2,500 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,475 |
| 2 Bedrooms | $2,339 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $3,050 |
| All | $2,499 |
As of October 2026, the average rent for a 1 bedroom rental in Montgomery, IL is $1,475 per month, followed by $2,339 for a 2 bedroom rental, $2,500 for a 3 bedroom rental, and $3,050 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,500 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | — |
| All | $2,500 |
As of October 2026, the average rent for a 2 bedroom townhome in Montgomery, IL is $2,500 per month, followed by $2,500 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $1,950 |
| All | $1,950 |
As of October 2026, the average rent for a 3 bedroom apartment in Montgomery, IL is $2,400 per month, followed by $1,950 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,339 |
| 3 Bedrooms | — |
| 4 Bedrooms | $3,100 |
| All | $3,050 |
As of October 2026, the average rent for a 2 bedroom house in Montgomery, IL is $2,339 per month, followed by $3,100 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -8% compared to the previous year, which is a $222 decrease.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,475 to $3,510.
