5

Montevallo, AL Condos for Rent

Section Image
  • /3

    $4,350 Per Month

    • 5 Beds
    • 3.5 Baths
    • Condo for Rent

    805 Main St, Montevallo, AL 35115

    This very well refurbished 5 bedroom, 3 1/2 bath loft apartment is ideal for UM student housing. Each pair of the 4 bedrooms shares a full bath. The large master bedroom has its' own full bathroom. The loft apartment has a full bed for each bedroom, A TV in each common area, sofas, washer and dryer, a full kitchen, central heat and air. All utilities are included. Water, sewer, electricity, and

    Letta Hallman Montevallo Realty

    805 Main St, Montevallo, AL 35115
  • /2

    $950 Per Month

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • Condo for Rent

    601 Skyview Dr Unit 403, Montevallo, AL 35115

    601 Skyview Dr Unit 403, Montevallo, AL 35115
  • /20

    $900 Per Month

    • 1 Bed
    • 1 Bath
    • 165 Sq Ft
    • Retreat at Montevallo

    1071 Middle St Unit 6, Montevallo, AL 35115

    Student Housing$900 Single Occupancy / $550 Double Occupancy (Per month.)Welcome to our newly renovated campus housing, where convenience, safety, and modernity blend seamlessly to provide the ultimate student living experience. With nine spacious 2-bedroom, one-bath units, our on-campus location eliminates the need for a car, making it incredibly accessible for all students.Our pride and joy lie

    1071 Middle St Unit 6, Montevallo, AL 35115
  • /15

    $900 Per Month

    • 1 Bed
    • 1 Bath
    • 165 Sq Ft
    • Retreat at Montevallo

    1071 Middle St Unit 4, Montevallo, AL 35115

    Student Housing$900 Single Occupancy / $550 Double Occupancy (Per month.)Welcome to our newly renovated campus housing, where convenience, safety, and modernity blend seamlessly to provide the ultimate student living experience. With nine spacious 2-bedroom, one-bath units, our on-campus location eliminates the need for a car, making it incredibly accessible for all students.Our pride and joy lie

    1071 Middle St Unit 4, Montevallo, AL 35115
  • /8

    $900 Per Month

    • 2 Beds
    • 2 Baths
    • 800 Sq Ft
    • College Corner Apartments

    545 Valley St Unit 7, Montevallo, AL 35115

    This 7-unit apartment complex located on Valley Street is just a short distance from the campus of the University of Montevallo. Each apartment is complete with its own exterior entrance and its own washer and dryer hook up. This is a one-story apartment building with no stairs.

    545 Valley St Unit 7, Montevallo, AL 35115

Frequently Asked Questions

How much does it cost to rent a condo in Montevallo, AL?
The median rent for a condo in Montevallo, AL is $950 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Montevallo, AL?
To comfortably afford the median rent in Montevallo, AL, a household needs to earn roughly $57,080 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,427 per month in Montevallo, AL, renters typically need to show $4,281 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Montevallo, AL?
In Montevallo, AL, the price-to-rent ratio is 16.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Montevallo, AL

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$950
Median 1 Bedroom Condo Rent
$900
Median 2 Bedroom Condo Rent
$950
Median 3 Bedroom Condo Rent
$1,295
How to Rent a Home