Cheapest Neighborhoods in Montgomery, AL
Some of the cheapest neighborhoods in Montgomery are Woodley Park, Greystone Place, and Capitol Heights. These neighborhoods offer some of the lowest rent prices in Montgomery, making them ideal for renters on a budget. As of August 4, 2026, the average rent in Montgomery is $927, which is 0.4% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Woodley Park
Average Rent
$772/Month
Units Available
11 Rentals
When you’re looking for a great Montgomery neighborhood on a budget, check out Woodley Park. The average rent is $772, compared to the city average of $927.
Greystone Place
Average Rent
$866/Month
Units Available
11 Rentals
Greystone Place is an affordable neighborhood in Montgomery with an average rent price of $866. Compare this to the city average of $927.
Capitol Heights
Average Rent
$977/Month
Year-Over-Year Rent Change
0.9%
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Montgomery, Capitol Heights might be the perfect place! It has an average rent price of $977, while the city’s average stands at $927. In the last year, prices have increased by 0.9%. Capitol Heights is near Auburn Univ. at Montgomery, Jasmine Hill Gardens & Outdoor Museum, and Madison Square.
Capitol Heights-St Charles
Average Rent
$977/Month
Units Available
11 Rentals
Capitol Heights-St Charles is a top choice for budget-conscious renters for a variety of reasons. The average rent in Capitol Heights-St Charles is $977 while the city average is $927.
East Montgomery
Average Rent
$1,085/Month
Year-Over-Year Rent Change
1.7%
Units Available
146 Rentals
When you’re looking for a great Montgomery neighborhood on a budget, check out East Montgomery. The average rent is $1,085, compared to the city average of $927. Rent prices have decreased by 1.7%. East Montgomery is convenient to Shoppes at East Chase, Montgomery Regional (Dannelly Field), and Montgomery Zoo.
Garden District
Average Rent
$1,128/Month
Year-Over-Year Rent Change
0.9%
Units Available
11 Rentals
Garden District is an affordable neighborhood in Montgomery with an average rent price of $1,128. Compare this to the city average of $927. In the past year, rent prices have increased by 0.9%. Garden District provides easy access to Auburn Univ. at Montgomery, Alabama Nature Center, and 514 Cloverdale Rd.
Downtown Montgomery
Average Rent
$1,288/Month
Year-Over-Year Rent Change
1.8%
Units Available
82 Rentals
If you’re looking for a great, affordable neighborhood in Montgomery, Downtown Montgomery might be the perfect place! It has an average rent price of $1,288, while the city’s average stands at $927. In the last year, prices have increased by 1.8%. Downtown Montgomery is near Gayle Planetarium, Alabama State University, and Alabama Nature Center.
Sturbridge
Average Rent
$1,433/Month
Units Available
11 Rentals
Sturbridge is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sturbridge is $1,433 while the city average is $927.
Copperfield
Average Rent
$1,470/Month
Units Available
10 Rentals
When you’re looking for a great Montgomery neighborhood on a budget, check out Copperfield. The average rent is $1,470, compared to the city average of $927.
Cottage Hill
Average Rent
$1,498/Month
Year-Over-Year Rent Change
0.9%
Units Available
10 Rentals
Cottage Hill is an affordable neighborhood in Montgomery with an average rent price of $1,498. Compare this to the city average of $927. In the past year, rent prices have increased by 0.9%. Cottage Hill provides easy access to Montgomery Regional (Dannelly Field), 1101-1111 Adams St, and Montgomery Zoo.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.