Section Image

Explore Similar Condos Within 2 Miles of Montgomery, IL

  • /4

    $900 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    946 Oliver Ave Unit 12, Aurora, IL 60506

    Property Id: 1180273Large studio with spacious kitchen. Open concept area with updated paint and carpet. Tenant pays electric, laundry in building Please TEXT for scheduling rather than calling.

    (331) 400-5654

    946 Oliver Ave Unit 12, Aurora, IL 60506
  • /2

    $1,400 Per Month

    • 1 Bed
    • 1 Bath
    • 585 Sq Ft
    • Condo for Rent

    2500 Light Rd Unit 202, Oswego, IL 60543

    Welcome Home! Great 2nd Floor Unit Available to RENT....Features Open Concept Family Room That Flows Into Kitchen and Dining Space. In Unit Washer and Dryer, Additional Storage and Ample Parking. Close to Shopping and Town. Heat and Water Included, Tenants only responsible for Electric. More Pics Coming Soon. Credit Check required with 600+ credit score, Income Verification (2.5x Income needed vs

    Nitul Thakkar Chicagoland Brokers Inc.

    2500 Light Rd Unit 202, Oswego, IL 60543
  • /30

    $1,395 Per Month

    • 1 Bed
    • 1 Bath
    • 585 Sq Ft
    • Condo for Rent

    2300 Light Rd Unit 208, Oswego, IL 60543

    ** Minimum 600 Credit Score Required **** Gross Monthly Income must be 3x the monthly rent **** Minimum Security Deposit is $1,500.00**Clean & bright 1 bed, 1 bath 2nd floor condo in Deer Run now available for lease! Enjoy all the benefits of living in a maintenance free property for a great price! This condo also features an in unit washer & dryer and monthly rent INCLUDES water,

    2300 Light Rd Unit 208, Oswego, IL 60543
  • /15

    $1,850 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    835 Bishop Ave Unit 2, Aurora, IL 60506

    Stop scrolling-this fully rehabbed 2 bed, 1 bath apartment in West Aurora is move-in ready! Renovated top to bottom, it features a modern kitchen with luxury cabinetry, gorgeous granite countertops, brand-new stainless steel appliances, and lots of natural sunlight, plus LVP flooring throughout the main living areas. The bathroom is fully remodeled, and in-unit washer & dryer will be installed

    Jorge Escudero Eden Properties Real Estate Group

    835 Bishop Ave Unit 2, Aurora, IL 60506

Frequently Asked Questions

How much does it cost to rent a condo in Montgomery, IL?
The median rent for a condo in Montgomery, IL is $2,200 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Montgomery, IL?
To comfortably afford the median rent in Montgomery, IL, a household needs to earn roughly $95,400 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 $2,385 per month in Montgomery, IL, renters typically need to show $7,155 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, IL?
In Montgomery, IL, the price-to-rent ratio is 11.5, 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.
What neighborhoods in Montgomery, IL are best for renting a condo?
The best neighborhood for renting in Montgomery, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Indian Creek, Fox Valley, Meadow Glens and Old Farm, each with its own character and price range.

Rental Home Trends in Montgomery, IL

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$2,200
Median 2 Bedroom Condo Rent
$2,200
How to Rent a Home