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 July 2026, the average rent in Montgomery, IL is $2,425 per month, which is 24% higher than the national average rent of $1,951 per month.
AVERAGE RENT
$2,425
15.5%$326 increase month-over-month
-4.9%-$125 decrease year-over-year
AVAILABLE RENTALS
17
APARTMENTS
HOUSES
TOWNHOUSES
As of July 2026, apartments are the most affordable rental option in Montgomery, IL at $1,683 per month, while townhomes are the most expensive at $2,500 per month. Houses average $2,400 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 | $1,795 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $2,600 |
| All | $2,425 |
As of July 2026, the average rent for a 1 bedroom rental in Montgomery, IL is $1,475 per month, followed by $1,795 for a 2 bedroom rental, $2,500 for a 3 bedroom rental, and $2,600 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,500 |
| 2 Bedrooms | $1,795 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | — |
| All | $2,500 |
As of July 2026, the average rent for a 1 bedroom townhome in Montgomery, IL is $1,500 per month, followed by $1,795 for a 2 bedroom townhome, and $2,500 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,895 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $1,950 |
| All | $2,500 |
As of July 2026, the average rent for a 2 bedroom apartment in Montgomery, IL is $1,895 per month, followed by $2,500 for a 3 bedroom apartment, and $1,950 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,000 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $3,401 |
| All | $2,400 |
As of July 2026, the average rent for a 2 bedroom house in Montgomery, IL is $2,000 per month, followed by $2,400 for a 3 bedroom house, and $3,401 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -6% compared to the previous year, which is a $150 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 $1,500 to $3,385.