Montgomery, Illinois is a part of the Aurora/Naperville Submarket submarket area, and contains zip code 60538.
The 2019 average effective rent for Class A, B, and C apartments in the Montgomery, IL submarket area was $1,344, which is 13.32% higher than 2014 average rent. This represents a compounded annual growth rate of 2.53%. 2019 vacancy in Montgomery, IL was 4.90%.
The total population of the city of Montgomery, IL has grown 7.11% since 2010. As of 2018, the population was 19,749. The median household income of the Montgomery was $86,407, which is 43.31% higher than the national average.