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Rental Market Trends in Montgomery, TX

What is the average rent in Montgomery, TX?

$1,311/month

Average Rent

740 Sq Ft

Average Apartment Size

-0.9%

Decrease in the Last Year

As of May 2026, the average rent in Montgomery, TX is $1,311 per month. This is 20% lower than the national average rent of $1,644/month, making renting in Montgomery more affordable than most cities in the US. When you rent an apartment in Montgomery, you can expect to pay about $994 per month for a studio, $1,311 for a one-bedroom apartment, and around $1,556 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,941 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$994/month
498 Sq Ft
One Bedroom
$1,311/month
740 Sq Ft
Two Bedroom
$1,556/month
1,096 Sq Ft
Three Bedroom
$1,941/month
1,503 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,626/month
1,036 Sq Ft
Three Bedroom
$2,110/month
1,672 Sq Ft
Four Bedroom
$3,033/month
2,323 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,383/month
667 Sq Ft
Two Bedroom
$1,786/month
1,096 Sq Ft
Three Bedroom
$2,267/month
1,797 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,365/month
1,083 Sq Ft

How much has average rent changed in Montgomery, TX?

In the past year, rent has decreased by 0.9%, which averages out to $11 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Montgomery, TX
Last Updated May 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Montgomery, TX
Percentage*
Rent Range
0% Below $700/month
8% $700 - $1,000/month
54% $1,001 - $1,500/month
31% $1,501 - $2,000/month
8% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Montgomery?

Based on current rent prices, Grand Harbor, Walden and Ridgelake Shores are the most affordable neighborhoods in Montgomery.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Grand Harbor
$1,237/month
752 Sq Ft
Walden
$1,329/month
643 Sq Ft
Ridgelake Shores
$1,478/month
695 Sq Ft

What are the most expensive neighborhoods in Montgomery?

Based on current rent prices, Ridgelake Shores, Walden and Grand Harbor are the most expensive neighborhoods in Montgomery.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ridgelake Shores
$1,478/month
695 Sq Ft
Walden
$1,329/month
643 Sq Ft
Grand Harbor
$1,237/month
752 Sq Ft

Which Montgomery neighborhoods have the most rentals available?

The neighborhoods in Montgomery with the most apartments available are Ridgelake Shores, Grand Harbor and Walden .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ridgelake Shores
$1,478/month
695 Sq Ft
Grand Harbor
$1,237/month
752 Sq Ft
Walden
$1,329/month
643 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Montgomery, TX?

Because the average rent in Montgomery is $1,311, you’ll want to make about $4,370 per month or $52,440 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Montgomery, TX

586 Available Apartments for Rent

Search for Nearby Apartments

How does Montgomery, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Montgomery, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Montgomery, TX

Apartment Averages

Grand Harbor

Montgomery, TX

Ridgelake Shores

Montgomery, TX

Studio
-
-
One Bedroom
$1,210/month
-
Two Bedroom
$1,446/month
-
Three Bedroom
$1,911/month
-
Search
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Nearby City Rent Trends

  • Conroe Average Rent
  • Willis Average Rent
  • Magnolia Average Rent

Apartment communities in Montgomery we think you'll love

The Vic at Woodforest

The Vic at Woodforest

1800 Central Pine St,
Montgomery, TX 77316

$1,125 - $2,512

1-2 Beds

Overlook at Fairwater Rental Homes

Overlook at Fairwater Rental Homes

1751 Fennel Flower Dr,
Montgomery, TX 77316

$1,765 - $2,510 Total Monthly Price

3-4 Beds | 12 Month Lease

Live at Pine Market

Live at Pine Market

900 New Day Ave,
Montgomery, TX 77316

$1,150 - $2,950

Studio - 2 Beds

The Terrace at Pine Lake Cove

The Terrace at Pine Lake Cove

275 Pine Terrace Dr,
Montgomery, TX 77316

$1,070 - $2,800

Studio - 3 Beds

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United States Texas Montgomery Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity