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Rental Market Trends in Montgomery, TX

Updated September 2026

The average rent in Montgomery, TX is $1,317/month.

Rent in Montgomery is 21% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,317/month

Average Rent

740 Sq Ft

Average Size

+0.5%

Change / Year

489

Available Apartments

Montgomery rent varies by unit size and layout:

  • Studio apartments in Montgomery average $1,000 per month.
  • One-bedroom apartments in Montgomery average $1,317 per month.
  • Two-bedroom apartments in Montgomery average $1,616 per month.
  • Three-bedroom apartments in Montgomery average $1,810 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,000/month
498 Sq Ft
One Bedroom
$1,317/month
740 Sq Ft
Two Bedroom
$1,616/month
1,096 Sq Ft
Three Bedroom
$1,810/month
1,503 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,338/month
1,071 Sq Ft
Three Bedroom
$2,071/month
1,650 Sq Ft
Four Bedroom
$2,763/month
2,436 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,208/month
644 Sq Ft
Two Bedroom
$1,667/month
988 Sq Ft
Three Bedroom
$2,304/month
1,785 Sq Ft
View Montgomery Apartments

How much has average rent changed in Montgomery, TX?

In the past year, rent has increased by 0.5%, which averages out to $7 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Montgomery, TX

September 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

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Montgomery?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Walden
$1,140/month
673 Sq Ft
Grand Harbor
$1,190/month
754 Sq Ft
Ridgelake Shores
$1,589/month
709 Sq Ft

What are the most expensive neighborhoods in Montgomery?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ridgelake Shores
$1,589/month
709 Sq Ft
Grand Harbor
$1,190/month
754 Sq Ft
Walden
$1,140/month
673 Sq Ft

Which Montgomery neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ridgelake Shores
$1,589/month
709 Sq Ft
Walden
$1,140/month
673 Sq Ft
Grand Harbor
$1,190/month
754 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 $1,317, you’ll want to make about $4,390 per month or $52,680 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

489 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.

View the Montgomery Area Guide

Apartment Averages

Walden

Montgomery, TX

Ridgelake Shores

Montgomery, TX

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Conroe

    Conroe

    Avg Rent: $1,163/month

  • Willis

    Willis

    Avg Rent: $1,129/month

  • Magnolia

    Magnolia

    Avg Rent: $1,292/month

  • The Woodlands

    The Woodlands

    Avg Rent: $1,434/month

Apartment Communities in Montgomery We Think You'll Love

The Vic at Woodforest

The Vic at Woodforest

1800 Central Pine St,
Montgomery, TX 77316

1-2 Beds | $1,350 - $2,590

Overlook at Fairwater Rental Homes

Overlook at Fairwater Rental Homes

2078 Little Bird St,
Montgomery, TX 77316

3-4 Beds | $1,765 - $2,411

Live at Pine Market

Live at Pine Market

900 New Day Ave,
Montgomery, TX 77316

Studio - 2 Beds | $1,150 - $2,950

The Terrace at Pine Lake Cove

The Terrace at Pine Lake Cove

275 Pine Terrace Dr,
Montgomery, TX 77316

Studio - 3 Beds | $1,133 - $2,115

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Frequently Asked Questions

What is the average rent in Montgomery?

The average rent in Montgomery is $1,317 per month, which is 20.9% lower than the national average of $1,665.

What is the average rent for a house in Montgomery?

The average rent for a house in Montgomery, TX is $2,071 per month.

What is the average rent for a condo in Montgomery?

The average rent for a condo in Montgomery, TX is $1,208 per month.

Are rents going up or down in Montgomery?

Rents in Montgomery, TX are increasing, with prices up 0.5% year-over-year and $7 more per month.

What rent range is most common in Montgomery?

In Montgomery, TX, 54% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 September 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity