What's the average rent in Montgomery, IL?

Rental Market Trends in Montgomery, IL

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

$1,683

HOUSES

$2,400

TOWNHOUSES

$2,500
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 typeAverage 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.

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.
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