Apartments for Rent in Montgomery, IL

Prices and availability in Montgomery, IL were last updated on 2 Aug 2026.

The best apartments in Montgomery, IL are: Montgomery Place Apartments and 1967 Waverly Way.

The average rent in Montgomery, IL is $1,755.

The price range for a 1-bedroom apartment in Montgomery, IL is between $1,800 and $2,318.

The price range for a 2-bedroom apartment in Montgomery, IL is between $2,000 and $2,683.

The price range for a 3-bedroom apartment in Montgomery, IL is between $1,806 and $2,683.

In Montgomery 21% of the housing is rented out compared to 79% of homes are owned, according to the most recent Census Bureau estimates. 8% of Montgomery's apartments are found in large buildings of 50 units or more, 41% are located in smaller apartment complexes with less than 50 units, and 52% are single-family rentals.

The average age of rental buildings in Montgomery is 14 years old, with 68% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Montgomery come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 40% of the total apartments in the city, while 2-bedroom floorplans represent around 58% of all rentals in Montgomery. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.