Montgomery, IL Rental Market Trends
The average rent for an apartment in Montgomery is $1,063, a 9% increase compared to the previous year, when the average rent was $975.
Average Rent in Montgomery, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,063||9%||805 sq. ft.|
The average size for a Montgomery, IL apartment is 805 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Montgomery, IL Apartment Rent Ranges
Montgomery, IL Occupied Housing Units
- Renter-occupied Households22%
- Owner-occupied Households77%
1,366 or 22% of the households in Montgomery, IL are renter-occupied while 4,604 or 77% are owner-occupied.
Montgomery, IL Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Jan / 2021|
How Montgomery Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Montgomery rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!