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 May 2026, the average rent in Montgomery, IL is $2,110 per month, which is 9% higher than the national average rent of $1,930 per month.
AVERAGE RENT
$2,110
0.5%$11 increase month-over-month
-12.2%-$292 decrease year-over-year
AVAILABLE RENTALS
8
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Montgomery, IL at $1,963 per month, while houses are the most expensive at $3,385 per month. Townhomes average $2,000 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,385 |
| 2 Bedrooms | $2,000 |
| 3 Bedrooms | $2,514 |
| 4 Bedrooms | $3,385 |
| All | $2,110 |
As of May 2026, the average rent for a 1 bedroom rental in Montgomery, IL is $1,385 per month, followed by $2,000 for a 2 bedroom rental, $2,514 for a 3 bedroom rental, and $3,385 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,000 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,000 |
As of May 2026, the average rent for a 2 bedroom townhome in Montgomery, IL is $2,000 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,099 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $2,620 |
| All | $2,099 |
As of May 2026, the average rent for a 2 bedroom apartment in Montgomery, IL is $2,099 per month, followed by $2,500 for a 3 bedroom apartment, and $2,620 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,965 |
| 4 Bedrooms | $3,385 |
| All | $3,385 |
As of May 2026, the average rent for a 3 bedroom house in Montgomery, IL is $2,965 per month, followed by $3,385 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -7% compared to the previous year, which is a $161 decrease.
This year (2026)
Last year (2025)
Rent distribution
42% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,200 to $3,500.
