Studio Apartment Rent in Montgomery, IL
Median asking rent for a studio apartment in Montgomery, Illinois as of October 2026. That's +33% lower than the citywide median of $2,403 and +24% above the national studio median of $1,290.
Income needed for a studio in Montgomery
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Montgomery
Compare Montgomery's median rent across every apartment size.
Cheapest cities for a studio in Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Carbondale | $447 |
| 2 | Dixon | $610 |
| 3 | Charleston | $640 |
| 4 | Quincy | $650 |
| 5 | Pekin | $660 |
| 6 | East Peoria | $670 |
| 7 | Rock Island | $680 |
| 8 | Danville | $690 |
| 9 | Moline | $700 |
| 10 | Peoria Heights | $700 |
| 11 | Normal | $720 |
| 12 | Peoria | $738 |
| 13 | Springfield | $750 |
| 14 | Washington | $750 |
| 15 | Decatur | $760 |
Most expensive cities for a studio in Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Morton Grove | $2,190 |
| 2 | Lake Forest | $2,190 |
| 3 | Deerfield | $2,190 |
| 4 | Wilmette | $2,100 |
| 5 | Buffalo Grove | $2,100 |
| 6 | Highland Park | $2,060 |
| 7 | Plainfield | $2,015 |
| 8 | Naperville | $1,978 |
| 9 | Vernon Hills | $1,970 |
| 10 | Streamwood | $1,970 |
| 11 | Northbrook | $1,960 |
| 12 | Bolingbrook | $1,925 |
| 13 | Romeoville | $1,910 |
| 14 | Elmhurst | $1,910 |
| 15 | Geneva | $1,900 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Montgomery.
| City | Distance | Studio rent | vs Montgomery |
|---|---|---|---|
| Edwardsville, IL | 39.1 mi | $1,020 | $-585 (-36%) |
| Springfield, IL | 41.6 mi | $750 | $-855 (-53%) |
| Wood River, IL | 45.5 mi | $840 | $-765 (-48%) |
| Alton, IL | 46.5 mi | $880 | $-725 (-45%) |
| Collinsville, IL | 48.8 mi | $880 | $-725 (-45%) |
| O Fallon, IL | 50.4 mi | $1,130 | $-475 (-30%) |
| Granite City, IL | 53.3 mi | $840 | $-765 (-48%) |
| Fairview Heights, IL | 54.4 mi | $1,030 | $-575 (-36%) |
| Spanish Lake, MO | 55 mi | $900 | $-705 (-44%) |
| Shiloh, IL | 55.2 mi | $960 | $-645 (-40%) |
| Decatur, IL | 56.6 mi | $760 | $-845 (-53%) |
| Swansea, IL | 57.1 mi | $1,225 | $-380 (-24%) |
Studio rent in Montgomery — common questions
How much is a studio apartment in Montgomery?
As of October 2026, the median studio apartment rent in Montgomery, Illinois is $1,605 per month. This is +33% below the citywide median of $2,403.
What income do you need to afford a studio in Montgomery?
Using the standard 30% rent-to-income rule, you would need an annual income of about $64,200 ($5,350/month gross), which works out to roughly $30.87/hour at a full-time job.
Is Montgomery expensive for a studio compared to the rest of the US?
Montgomery's studio median of $1,605 is +24% above the national studio median of $1,290. It ranks in the 71th percentile of US cities tracked.
How does Montgomery rank for studio rent in Illinois?
Among the 136 cities in Illinois with studio data, Montgomery ranks #91 from cheapest to most expensive.
Are there cheaper studio options near Montgomery?
Yes — nearby cities with cheaper studio rents include Edwardsville ($1,020), Springfield ($750), Wood River ($840).