What's the average rent in Montgomery, IL?

Rental Market Trends in Montgomery, IL

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Montgomery, IL is $2,385 per month, which is 22% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$2,385
1.0%
$24 increase month-over-month
4.0%
$91 increase year-over-year

AVAILABLE RENTALS

17

APARTMENTS

$1,665

HOUSES

$2,450

TOWNHOUSES

$2,499
As of August 2026, apartments are the most affordable rental option in Montgomery, IL at $1,665 per month, while townhomes are the most expensive at $2,499 per month. Houses average $2,450 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,475
2 Bedrooms$2,100
3 Bedrooms$2,400
4 Bedrooms$3,200
All$2,385
As of August 2026, the average rent for a 1 bedroom rental in Montgomery, IL is $1,475 per month, followed by $2,100 for a 2 bedroom rental, $2,400 for a 3 bedroom rental, and $3,200 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -3% compared to the previous year, which is a $59 decrease.
This year (2026)
Last year (2025)

Rent distribution

52% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $1,200 to $3,220.
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