Last updated
Average Rent in Montgomery 36116 & Rent Trends
Rent prices and market trends across 1 apartment community in Montgomery 36116, Montgomery, AL. Updated daily.
Market Average
$1,349/mo
▲ +3.2% from last month
Lowest Available
$1,349/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
3
available now
Montgomery 36116 vs Montgomery, AL Average
Montgomery 36116 is cheaper the Montgomery, AL average by $82/mo (6%). The citywide average is $1,431/mo across all neighborhoods.
Is Rent Going Up or Down in Montgomery 36116?
As of May 2026, the average rent in Montgomery 36116 is $1,349 per month across 1 apartment community and 3 available units. Rents have increased $48 (3.2%) over the past month.
The most affordable option is The Reserve at Billingsley starting at $1,349/mo. By unit type, a 1-bedroom averages $1,349/mo.
Prices range from $1,349 to $1,349 per month. The most common price point is the $1,200 range, where 3 units are currently listed.
Montgomery 36116 Rent Price History
Rent by Bedroom Type in Montgomery 36116
Rent Prices by Apartment in Montgomery 36116
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Reserve at Billingsley | $1,349/mo | $1,349/mo | 3 | 4.6 |
Google Search Trends for Montgomery 36116 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Montgomery 36116
What is the average rent in Montgomery 36116?
Is rent going up or down in Montgomery 36116?
What is the cheapest apartment in Montgomery 36116?
How much is a 1-bedroom apartment in Montgomery 36116?
How many apartments are available in Montgomery 36116?
What salary do I need to live comfortably in Montgomery 36116?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$54,000/year
30 percent rule -- using our average rent of $1,349/mo.
Comfortable income
$65,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Montgomery 36116 is $55,687 , about 14% below the comfortable-living threshold.
Cost of living in Montgomery 36116
Overall prices in Montgomery 36116 runs below the national average by about 10% (BEA Regional Price Parity index 89.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Montgomery 36116's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,349 |
| Utilities | $283 |
| Groceries | $511 |
| Transportation | $674 |
| Healthcare | $329 |
| Other goods and services | $526 |
| Estimated total | $3,670/mo |
Population
198,440
Median household income
$55,687
Census median rent
$1,059/mo
Rent as % of income
31.0%
Median age
36.2
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Montgomery 36116 Apartments
Browse all 1 communities with daily-updated pricing and availability.