Apartments for Rent in Montgomery, IL

Prices and availability in Montgomery, IL were last updated on 10 Jun 2026.

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 $1,838 and $2,361.

The price range for a 2-bedroom apartment in Montgomery, IL is between $2,120 and $2,752.

The price range for a 3-bedroom apartment in Montgomery, IL is between $1,838 and $2,745.

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 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.