Rents are 5% below what Montgomery's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,819 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Montgomery is 0.4% below its high of $1,827 in March 2025, at $1,819 as of September 2026.
Rent in Montgomery changed +1.1% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.
Rent rose in 4 of the last 12 months.
30% of the median household income ($72,917) is $1,823 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,535); a 2-bedroom is $1,835.
Conroe, 19 miles away, rents for 14% less ($1,567/mo), about $3,000 a year in savings.
From Zillow's monthly rent index (ZORI) for Montgomery. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Montgomery, TX is roughly split between renters and owners, 35.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Montgomery, TX has changed in 5 years
The median rent in Montgomery, TX stood at $1,628 in 2022 and currently runs about $1,819, reflecting a 11.7% increase over the period. On the earnings side, the typical household in Montgomery, TX now reports about $72,917, up from $92,583 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 53.9% since 2021, moving from about 1,617 residents to roughly 2,489. Renters now make up 46% of households, compared with 36.6% five years ago. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and Montgomery, TX reflects that arc in its own way.
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Can you afford rent in Montgomery on your salary?
At $1,819/mo, how Montgomery rent compares to typical pay (30% rule).
Montgomery rent by bedroom count
Median rent for each apartment size in Montgomery. Click any size for full breakdown.
Tips for renters in Montgomery
Last updated: October 17, 2026
The median rent in Montgomery is $1,819/mo as of October 2026. A studio apartment averages $1,470/mo while a 2-bedroom runs $1,835/mo. One-bedroom apartments average $1,535/mo and 3-bedroom units go for $2,440/mo.
At 30% of local median household income ($72,917/yr), Montgomery ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.
Frequently asked questions
How much income do you need to rent in Montgomery?
Is rent going up or down in Montgomery?
Which Montgomery neighborhoods have the lowest rent?
How does Montgomery rent compare to other cities in Texas?
At $1,819/mo, rent takes ~30% of Montgomery's median household income ($72,917/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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