Apartments for Rent in Montgomery, IL

The best apartment in Montgomery, IL is: Montgomery Place Apartments.

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

The price range for a 1-bedroom apartment in Montgomery, IL is between $1,803 and $2,321.

The price range for a 2-bedroom apartment in Montgomery, IL is between $2,105 and $2,753.

The price range for a 3-bedroom apartment in Montgomery, IL is between $1,799 and $2,759.

In Montgomery, 21% of the residents are renting compared to 79% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 8% of Montgomery's rentals, 41% are small-scale complexes with under 50 units, and 52% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Montgomery are about 14 years old, on average. Of these, 68% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Montgomery are around 0% of rentals, while 1-bedroom floor plans represent 40% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 58% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.