Most Affordable Neighborhoods in Montgomery, AL
Some of the cheapest neighborhoods in Montgomery are Highland Park, North, and North Montgomery. These neighborhoods offer some of the lowest rent prices in Montgomery, making them ideal for renters on a budget. As of March 3, 2025, the average rent in Montgomery is $880, which is 2.9% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Highland Park
Average Rent
$700/Month
TransitScore® Rating
20/100
Units Available
4 Rentals
Highland Park is an affordable neighborhood in Montgomery with an average rent price of $700. Compare this to the city average of $880. Highland Park provides easy access to Huntingdon College, Alabama Nature Center, and Montgomery Regional (Dannelly Field). It’s a car-dependent neighborhood with a WalkScore® of 49.
North
Average Rent
$860/Month
Year-Over-Year Rent Change
5.1%
TransitScore® Rating
10/100
Units Available
3 Rentals
If you’re looking for a great, affordable neighborhood in Montgomery, North might be the perfect place! It has an average rent price of $860, while the city’s average stands at $880. In the last year, prices have increased by 5.1%. North is near Montgomery Zoo, Tallapoosa River Crossing, and Faulkner University.
North Montgomery
Average Rent
$860/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
10/100
Units Available
3 Rentals
North Montgomery is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Montgomery is $860 while the city average is $880. This is a 4.6% difference from last year. Residents enjoy convenient access to Montgomery Zoo, Tallapoosa River Crossing, and Montgomery Regional (Dannelly Field). The neighborhood is considered car-dependent with a WalkScore® of 16.
Hillwood
Average Rent
$916/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
21/100
Units Available
6 Rentals
When you’re looking for a great Montgomery neighborhood on a budget, check out Hillwood. The average rent is $916, compared to the city average of $880. Rent prices have increased by 2.7%. Hillwood is convenient to Gayle Planetarium, Montgomery Zoo, and Zelda Place. The community is somewhat walkable with a WalkScore® of 51.
Forest Park
Average Rent
$922/Month
TransitScore® Rating
21/100
Units Available
4 Rentals
Forest Park is an affordable neighborhood in Montgomery with an average rent price of $922. Compare this to the city average of $880. Forest Park provides easy access to Auburn Univ. at Montgomery, Zelda Place, and Westminster Shopping Center. It’s a somewhat walkable neighborhood with a WalkScore® of 56.
South Montgomery
Average Rent
$928/Month
Year-Over-Year Rent Change
3.9%
TransitScore® Rating
44/100
Units Available
196 Rentals
If you’re looking for a great, affordable neighborhood in Montgomery, South Montgomery might be the perfect place! It has an average rent price of $928, while the city’s average stands at $880. In the last year, prices have increased by 3.9%. South Montgomery is near Norman Bridge Center, Auburn Univ. at Montgomery, and Sierra Heritage Shopping Center.
Capitol Heights
Average Rent
$930/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
23/100
Units Available
2 Rentals
Capitol Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Capitol Heights is $930 while the city average is $880. This is a 1.2% difference from last year. Residents enjoy convenient access to Jasmine Hill Gardens & Outdoor Museum, Montgomery Zoo, and Madison Square. The neighborhood is considered somewhat walkable with a WalkScore® of 56.
East Montgomery
Average Rent
$1,051/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
16/100
Units Available
199 Rentals
When you’re looking for a great Montgomery neighborhood on a budget, check out East Montgomery. The average rent is $1,051, compared to the city average of $880. Rent prices have increased by 3.1%. East Montgomery is convenient to Chase Corner, Faulkner University, and Taylor Junction. The community is car-dependent with a WalkScore® of 38.
Downtown Montgomery
Average Rent
$1,276/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
52/100
Units Available
49 Rentals
Downtown Montgomery is an affordable neighborhood in Montgomery with an average rent price of $1,276. Compare this to the city average of $880. In the past year, rent prices have increased by 1%. Downtown Montgomery provides easy access to Capitol Parkway Shopping Center, Alabama Nature Center, and Selma To Montgomery National Historic Trail. It’s a walkable neighborhood with a WalkScore® of 88.
Old Cloverdale
Average Rent
$1,331/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
21/100
Units Available
8 Rentals
If you’re looking for a great, affordable neighborhood in Montgomery, Old Cloverdale might be the perfect place! It has an average rent price of $1,331, while the city’s average stands at $880. In the last year, prices have increased by 2.9%. Old Cloverdale is near Huntingdon College, Montgomery Zoo, and Gayle Planetarium.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.