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Studio Apartments for Rent in Montgomery, AL

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    Starting at $765

    Total Monthly Price

    • Studio - 3 Beds

    2600 Vaughn Lakes Blvd, Montgomery, AL 36117

    Vaughn Lakes Apartments in Montgomery, AL is a unique community that offers a carefree lifestyle with a splash of excitement that is central to everything that the city has to offer. These luxurious Montgomery apartments offer spacious floor plans with the latest amenities and a friendly staff ready to assist our residents. So if you are looking for apartments in Montgomery Vaughn Lakes is the

    Vaughn Lakes

    2600 Vaughn Lakes Blvd, Montgomery, AL 36117
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    Starting at $1,100 Per Month

    • Studio - 3 Beds

    7721 Long Acre St, Montgomery, AL 36116

    Now Accepting Waitlist ApplicationsThe Flats at Hampstead are beautifully finished luxury apartments in exquisite buildings in the heart of Hampstead. They fit seamlessly within the architecture and aesthetic of Hampstead, featuring energy efficient windows, granite counters, gorgeous tile, and custom cabinets. A private, beautifully landscaped, central courtyard provides secluded

    The Flats at Hampstead

    7721 Long Acre St, Montgomery, AL 36116
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    Starting at $525

    Total Monthly Price

    • Studio - 2 Beds

    5600 Carmichael Rd, Montgomery, AL 36117

    Welcome to Cypress Grove Residence formally Arden Pointe Apartments, where modern living meets southern charm in Montgomery, AL! Under new management and just minutes from downtown, our property is undergoing a remarkable transformation into a premier residential destination. Conveniently located off Carmichael Road near the intersection of I-85 and the Eastern Boulevard, Cypress Grove

    The Cypress Grove Residence

    5600 Carmichael Rd, Montgomery, AL 36117
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    Starting at $2,100

    Total Monthly Price

    • Studio - 3 Beds

    4000 Fieldcrest Dr, Montgomery, AL 36111

    Imagine a life where vibrant living is the standard...Welcome to CaraVita Village, located in Montgomery, Alabama. Everyone is welcome at this vibrant complex! We are an all-inclusive, resort-style haven designed for the 55+ Community. With budget friendly pricing, CaraVita residents can choose between several options including private and semi-private apartments with your comfort in mind. All of

    CaraVita Village 55+ Senior Apartments

    4000 Fieldcrest Dr, Montgomery, AL 36111
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    $1,469 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Montgomery

    5031 Woods Crossing, Montgomery, AL 36106

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Montgomery

    5031 Woods Crossing, Montgomery, AL 36106
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    Starting at $745 Per Month

    • Studio - 2 Beds

    2269 Eastern Blvd, Montgomery, AL 36117

    Close to everything yet far from ordinary, life at Alcove offers welcoming living that’s welcoming on your budget too. Choose from lovely furnished or unfurnished residences that include refrigerators and ranges. Relax or do laps in the refreshing pool. Invite friends over and BBQ something for dinner. Our pet-friendly community is near the I-85 and the 231 so getting around is a breeze. Close to

    Alcove

    2269 Eastern Blvd, Montgomery, AL 36117
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    Starting at $950 Per Month

    • Studio - 2 Beds

    671 S Perry St, Montgomery, AL 36104

    BRAND NEW! NOW PRE-LEASING! 5 STORY LUXURY APARTMENT HOMES

    The Banc

    671 S Perry St, Montgomery, AL 36104
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    $1,250 Per Month

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    431 S Goldthwaite St, Montgomery, AL 36104

    Located along The Historic Civil Rights Trail in Montgomery's first neighborhood. Enjoy the private guest suite of a newly renovated, 1923 craftsman home in our rapidly revitalizing community. The EJI Memorial immediately over the back fence, downtown attractions a 7min walk, Maxwell AFB a 5min drive, and Coretta Scott King's hairdresser still in business next door!Fast WiFi, streaming TV, and

    431 S Goldthwaite St, Montgomery, AL 36104

Why Live in Montgomery

Montgomery's rich Civil Rights history comes alive through landmarks like the Dexter Avenue King Memorial Baptist Church, where Dr. Martin Luther King Jr. led the Montgomery Bus Boycott, and the Rosa Parks Museum located at the site of her historic arrest. The Legacy Museum and National Memorial for Peace and Justice provide powerful educational experiences about racial justice. Cultural attractions include the Alabama Shakespeare Festival in Blount Cultural Park and the Montgomery Museum of Fine Arts. The city's dining scene features standout restaurants like Vintage Year, known for refined Southern cuisine from James Beard semifinalist Chef Eric Rivera, and Central, an upscale downtown establishment focused on local ingredients.

The housing market includes diverse options across several neighborhoods. Single family homes in Old Cloverdale have a median price of $279,900, while similar homes in the Garden District list at a median of $145,000. The citywide median sale price for single family homes is $189,900. Condos range from a median of $160,000 for one bedroom units to $149,900 for two bedrooms. Townhomes have a median price of $348,600.

Montgomery's cost of living sits 10.7% below the national average. A family with school age children needs approximately $95,000 annually to live comfortably, while renters should aim for $48,000. The property tax rate of 0.37% compares favorably to nearby cities like Birmingham at 0.6%. Private schools like The Montgomery Academy and Trinity Presbyterian School, both rated A plus by Niche, serve multiple neighborhoods including Brentwood and East Montgomery. The Montgomery Area Transit System provides public transportation, though most residents rely on personal vehicles. Major employers include Maxwell Gunter Air Force Base, state government offices, and Hyundai Motor Manufacturing Alabama.

Frequently Asked Questions

How much does it cost to rent a home in Montgomery, AL?
The median rent for a home in Montgomery, AL is $1,495 per month, though prices vary by neighborhood, size, and property type. As of July 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 Montgomery, AL?
To comfortably afford the median rent in Montgomery, AL, a household needs to earn roughly $59,800 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 $1,495 per month in Montgomery, AL, renters typically need to show $4,485 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 Montgomery, AL?
In Montgomery, AL, the price-to-rent ratio is 11.4, 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.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,495
Median Single Family Home Rent
$1,550
Median Townhouse Rent
$1,000
Median Condo Rent
$1,095
How to Rent a Home