Cheap Apartments for Rent in Montgomery, IL

12 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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Jun 2025$2,500
Jul 2025$2,550
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
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,385$2,000$2,514$3,385$2,110
Townhomes—$2,000——$2,000
Apartments and Condos—$2,099$2,500$2,620$2,099
Houses——$2,965$3,385$3,385
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 $1,963 per month. This is about 2% higher than the national average.
  • What is the average rent of a house in Montgomery, IL?
    The average rent of a house in Montgomery, IL is $3,385 per month. This is about 75% higher than the national average.
  • What is the average rent of a townhome in Montgomery, IL?
    The average rent of a townhome in Montgomery, IL is $2,000 per month. This is about 4% higher 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 $1,385 per month. That is about $185 more than the cost of a studio apartment.
  • How many available rental listings are in Montgomery, IL?
    There are 8 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.