City Report · TX

Montgomery

Pop. 2,489·73rd most expensive in Texas·Rental market data updated monthly for Montgomery, TX
Median rent (all units)
$1,885/mo
Year-over-Year
+0.7%
Month-over-Month
+1.9%
vs US Median
-$80
Rising (Monthly)
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Most AffordableMost Expensive
Montgomery · $1,885
More expensive than 52% of US cities · National median $1,965/mo
Rent Reality Score
60/100
Good value
OverheatedFairGreat value

Rents are 5% below what Montgomery's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,885/mo
Expected by trend
$1,982/mo
The Rent Reality Score compares today's median rent to where Montgomery's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,535
2 BR
$1,835
3 BR
$2,440
4 BR+
$3,075
Research median
$1,835/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$22,620/yr
At $1,885/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.7% YoY, +1.9% MoM), not inventory.
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Demographics

Who lives here

Montgomery, TX is roughly split between renters and owners, 35.5% of residents hold a bachelor's degree or higher.

Population
2,489
Median income
$72,917
Median age
35.4
Renters
46%
Age distribution
23.7%
24.6%
22.2%
18.4%
Under 1823.7%
18–3424.6%
35–5422.2%
55–6411%
65+18.4%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
80.8%
White80.8%
Black3.9%
Hispanic10.6%
Asian2.2%
Other2.5%
Education (25+)
25.7%
35.4%
35.5%
No HS diploma3.4%
HS diploma25.7%
Some college35.4%
Bachelor's+35.5%
Housing tenure
54%
46%
Owner54%
Renter46%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Montgomery, TX has changed in 5 years

Rent
$1,654 → $1,885
up 14.0%
Income
$92,583 → $72,917
down 21.2%
Population
1,617 → 2,489
up 53.9%
Renter share
36.6% → 46%
+9.4 pts
Bachelor's+
33.7% → 35.5%
+1.8 pts
Median age
41.2 → 35.4
-5.8 yrs

The median rent in Montgomery, TX stood at $1,654 in 2022 and currently runs about $1,885, reflecting a 14.0% 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.

Community

Discussions about Montgomery

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View Montgomery rent history (2015–2026) →
Salary vs rent

Can you afford rent in Montgomery on your salary?

At $1,885/mo, how Montgomery rent compares to typical pay (30% rule).

By apartment size

Montgomery rent by bedroom count

Median rent for each apartment size in Montgomery. Click any size for full breakdown.

Local insights

Tips for renters in Montgomery

About renting in Montgomery, TX

Last updated: July 20, 2026

The median rent in Montgomery is $1,885/mo as of July 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 31% of local median household income ($72,917/yr), Montgomery ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.

FAQ

Frequently asked questions

Is Montgomery an affordable city for renters?

Montgomery is considered moderate for renters. At $1,885/mo, rent takes approximately 31% of the local median household income ($72,917/yr). The standard benchmark is 30%. Montgomery slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Montgomery?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,885/mo in Montgomery. The local median household income is $72,917/yr, meaning the typical Montgomery household falls short of that threshold.

Is rent going up or down in Montgomery?

Rent in Montgomery has increased 0.7% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Montgomery neighborhoods have the lowest rent?

The most affordable ZIP codes in Montgomery are 77356 ($1,814/mo), and 77316 ($1,868/mo). Citywide, the median rent in Montgomery is $1,885/mo.

How does Montgomery rent compare to other cities in Texas?

Montgomery is one of the pricier cities in Texas for rent, ranking #73 out of 269 tracked cities at $1,885/mo.

Which nearby cities are cheaper to rent in than Montgomery?

Several nearby cities have lower median rents than Montgomery ($1,885/mo): Conroe ($1,569/mo), Shenandoah ($1,696/mo), Tomball ($1,745/mo).

What percentage of Montgomery residents rent vs. own?

According to Census data, approximately 46% of Montgomery households are renters, while 54% are owner-occupied. Montgomery leans toward homeownership, which can mean a smaller rental inventory.

How does Montgomery rent compare to the national average?

Montgomery's median rent of $1,885/mo is $80 (4%) below the US national median of $1,965/mo. Within Texas, it ranks #73 out of 269 tracked cities.
Income Affordability
31%
MODERATE

At $1,885/mo, rent takes ~31% of Montgomery's median household income ($72,917/yr). The standard benchmark is 30%.

Montgomery 31%Benchmark 30%
State income taxNone
Run the Montgomery affordability calculator →
Lowest-rent ZIP codes in Montgomery
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Montgomery, TX

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