How many apartments are available in Maxwell Air Force Base on Rentable.co?

Rentable.co has over 1 apartment available near Maxwell Air Force Base.

How many apartments are available in Montgomery, AL on Rentable.co?

Rentable.co has over 5,634 apartments available in Montgomery.

What is the average rent for a studio apartment in Montgomery, AL?

The average rent for a <a href='/montgomery-al/studio-apartments-for-rent' >studio apartment</a> in Montgomery is around $960 per month.

What is the average rent for a one-bedroom apartment in Montgomery, AL?

The average rent for a <a href='/montgomery-al/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Montgomery is around $800 per month.

What is the average rent for a two-bedroom apartment in Montgomery, AL?

The average rent for a <a href='/montgomery-al/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Montgomery is around $1,270 per month.

How expensive is it to rent an apartment in Montgomery, AL?

For a two-bedroom apartment in Montgomery, the average rent price is $1,270 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Montgomery, AL?

Based on average rent prices in Montgomery, to afford a <a href='/montgomery-al/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $38,000 to live comfortably.

Apartments in Maxwell Air Force Base Montgomery

Montgomery:
May Rent Report

Welcome to the May 2024 Montgomery Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Montgomery rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Montgomery and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Montgomery average rent prices in the chart below.

Monthly Rent Report

$1,300

$980

$650

$330

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Montgomery Rent Prices Increase From April to May

Montgomery rent prices increased over the last month. From April to May, the city experienced a 1.27% increase for the price of a one-bedroom apartment. The rent price for a Montgomery one-bedroom apartments currently stands at $795.0.

When we take a look at the two-bedroom comparison from April to May, Montgomery experienced a -4.8% decrease for the price of a two-bedroom apartment. The rent price for a Montgomery two-bedroom apartments currently stands at $1,070.0.

May Prices: Montgomery vs. Surrounding Areas

Prattville, AL

Montgomery, AL

$1,342

$785

$450

$900

$1,350

$1,800

Median 1 BR Rent

Rent Prices in Montgomery and Surrounding Areas

Rent prices have increased in Montgomery over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Montgomery suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Montgomery suburbs
Rent decreased in Prattville, AL.
1 suburb is currently priced higher than the city of Montgomery.

May 2024 Pricing Trends: Montgomery vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Montgomery, AL

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$785

$1,350

$2,700

$4,050

$5,400

Median Rent

Montgomery Rent Prices More Affordable Than Major Cities

Rent growth in Montgomery over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Montgomery average rent prices appear to be relatively affordable for local residents.

The price for a Montgomery one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Montgomery and surrounding area rent prices, take a look at the complete data set below.

Data set for Montgomery and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Montgomery, AL	$785.0	1.03%	$1,124.0	-4.10%
Prattville, AL	$1,342.0	-1.76%	$1,205.0	-6.73%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.