Downtown Montgomery, Montgomery, AL Rental Market Trends
Last updated: October 21, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Montgomery is $1,212, a 4.65% decrease compared to the previous year, when the average rent was $1,271.
One-bedroom apartments provide 789 square feet for $1,269, balancing privacy and affordability.
Two-beedroom units at $1,389 offer 1,087 square feet, perfect for roommates or small families.
Average rent in Downtown Montgomery, Montgomery, AL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,212 | 858 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,269 | 789 sq. ft. |
| 2 Beds | $1,389 | 1,087 sq. ft. |
| 3 Beds | n/a | n/a |
Downtown Montgomery, Montgomery, AL rent trends
Rental prices in Downtown Montgomery, Montgomery, AL have decreased by 4.65% over the past year. The average rent moved from $1,271 to $1,212.
What's the typical rent budget in Downtown Montgomery, Montgomery, AL?
The largest share of rentals in Downtown Montgomery, Montgomery, AL (48%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Montgomery, Montgomery, AL?
3,063 or 74% of the households in Downtown Montgomery, Montgomery, AL are renter-occupied while 1,062 or 26% are owner-occupied.
Most affordable neighborhoods in Downtown Montgomery?
Carriage Hills $736/month
Woodley Park $786/month
Greystone $880/month
All of these neighborhoods fall below the city wide average of $1,108/month.Most expensive neighborhoods in Downtown Montgomery?
Downtown Montgomery $1,212/month
Hampstead $1,505/month
Eastchase $1,580/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Montgomery, AL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Eastchase | $1,580 |
| Hampstead | $1,505 |
| Downtown Montgomery | $1,212 |
| Bolyston | $1,110 |
| Village Green | $1,088 |
| Woodmere Lakes | $1,036 |
| Eastdale | $986 |
| Rosemary | $903 |
| Executive Park | $886 |
| Greystone | $880 |
| Woodley Park | $786 |
| Carriage Hills | $736 |
Montgomery | Rent Comparison by Neighborhood
Rent in Downtown Montgomery is 9% higher than in Bolyston
Downtown Montgomery rent is the same as Montgomery average
Bolyston rent is 8% lower than Montgomery average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Montgomery apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.