Rentometer, Inc. | Data as of 10/22/2025
Montgomery’s rental market offers a dynamic blend of historic charm and modern convenience, making it a compelling choice for renters across the region. The city’s core neighborhoods—such as downtown, Old Cloverdale, and Midtown—feature a mix of renovated Victorian homes, newly built apartment complexes, and sleek townhouses. Proximity to the Alabama Riverfront, the State Capitol, and a growing array of dining and entertainment venues adds to the appeal, while the expanding job market in government, education, and health care supports steady demand for both short‑term and long‑term rentals.
Renters can find a wide spectrum of price points that reflect the diversity of housing options. Studio apartments typically sit in the $900‑$1,100 range, while one‑bedroom units hover around $1,000‑$1,200. Two‑bedroom apartments often fall between $1,150 and $1,300, and three‑bedroom selections range from $1,300 to $1,350. Larger four‑plus bedroom apartments command rates in the $2,100‑$2,300 bracket. For those preferring a house, one‑bedroom rentals are generally priced near $800‑$850, two‑bedroom homes around $1,000‑$1,100, three‑bedroom properties in the $1,300‑$1,400 range, and four‑plus bedroom residences typically reach the $1,900‑$2,000 level. This variety ensures that individuals, families, and professionals can locate accommodations that match their budget and lifestyle preferences.
The city’s rich cultural heritage—highlighted by sites like the Dexter Avenue Baptist Church, the Montgomery Museum of Fine Arts, and the Riverfront Park—provides residents with ample leisure and educational opportunities. Excellent schools, convenient public transportation, and an emerging culinary scene further enhance Montgomery’s reputation as a welcoming and vibrant place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $805 | $767 | $563 - $1,086 | $599 - $1,050 |
| Apartment | 1 Bedroom | $1,106 | $1,011 | $593 - $3,000 | $869 - $1,299 |
| Apartment | 2 Bedroom | $1,183 | $1,134 | $501 - $1,875 | $950 - $1,495 |
| Apartment | 3 Bedroom | $1,501 | $1,499 | $795 - $1,902 | $1,400 - $1,684 |
| House | 1 Bedroom | $728 | $700 | $625 - $995 | $650 - $735 |
| House | 2 Bedroom | $1,035 | $922 | $375 - $1,700 | $800 - $1,195 |
| House | 3 Bedroom | $1,427 | $1,295 | $695 - $5,400 | $1,095 - $1,645 |
| House | 4+ Bedroom | $1,962 | $1,850 | $950 - $3,500 | $1,500 - $2,350 |
In the current period, the average rent in Montgomery was $806 for Studio, $1,048 for 1 Bedroom, $1,135 for 2 Bedroom, $1,434 for 3 Bedroom, and $1,956 for 4+ Bedroom.
Data provided by Rentometer, Inc.