Average Rent in Montgomery, AL

Montgomery rentals average $873 for a 2-bedroom rental to $2,300 for a 4-bedroom rental. The median price of all currently available listings is $1,900, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $892 (86.26%) year-over-year from $1,034 to $1,925. 1-bedroom rentals prices have increased by $15 (1.92%) year-over-year from $780 to $795. 2-bedroom rentals prices have increased by $12 (1.36%) year-over-year from $861 to $873. 3-bedroom rentals prices have increased by $437 (38.34%) year-over-year from $1,139 to $1,575. 4-bedroom rentals prices have increased by $854 (57.10%) year-over-year from $1,496 to $2,350. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 5.96% this month. 1-bedroom rents have gone up by 1.38% this month. 2-bedroom rents have gone down by 1.04% this month. 3-bedroom rents have gone up by 21.94% this month. 4-bedroom rents have gone up by 20.98% this month.