Cheap Apartments for Rent in Montgomery, IL

14 rentals

Apartments For Rent Near Montgomery, IL

We found 30 more apartments matching your filters just outside Montgomery

Average Rent Trends in Montgomery, IL

Rent in Montgomery, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Aug 2025$2,359
Sep 2025$2,650
Oct 2025$2,721
Nov 2025$2,750
Dec 2025$2,600
Jan 2026$2,675
Feb 2026$2,500
Mar 2026$2,250
Apr 2026$2,100
May 2026$2,099
Jun 2026$2,099
Jul 2026$2,400
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Average Rent By Bedroom and Home Type

In July 2026, Houses were the most affordable home type to rent compared with Townhomes and Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$1,475$1,795$2,500$2,600$2,425
Townhomes$1,500$1,795$2,500—$2,500
Apartments and Condos—$1,895$2,500$1,950$2,500
Houses—$2,000$2,400$3,401$2,400
See more information about local market trends in Montgomery, IL

Frequently Asked Questions about Rentals in Montgomery, IL

  • What is the average rent of an apartment in Montgomery, IL?
    The average rent of an apartment in Montgomery, IL is $1,683 per month. This is about 14% lower than the national average.
  • When is the average rent cheapest in Montgomery, IL?
    In the last year, the average rent in Montgomery, IL was lowest in Mar 2025 when it was $2,100 per month.
  • When is the average rent most expensive in Montgomery, IL?
    In the last year, the average rent in Montgomery, IL was highest in Nov 2025 when it was $2,750 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Montgomery, IL?
    The average rent of a 1 bedroom apartment in Montgomery, IL is $1,475 per month. That is about $275 more than the cost of a studio apartment.
  • How many available rental listings are in Montgomery, IL?
    There are 17 available rental listings in Montgomery, IL.
  • What are some neighborhoods in Montgomery, IL?
    Some neighborhoods in Montgomery, IL include: Boulder Hill.
  • What are some zip codes in Montgomery, IL?
    Montgomery, IL includes zip codes such as: 60538.
  • What are some cities near Montgomery, IL?
    Some nearby cities include: Aurora, Bristol, Oswego, North Aurora, Sugar Grove. These cities may have more rental options to explore.
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