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Cheap Apartments for Rent in Montevideo, MN from $400 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Montevideo.
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$502 - $600
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityBeardsley Apartments
210 4th Ave WBeardsley, MN 56211
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$525 - $761
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowRC Square Apartments
1116 Birch StMarshall, MN 56258
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$525
Plus Fees
1 Bedroom Apartments Available NowDowntown Estates
102 W Lincoln StSpringfield, MN 56087
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$718 - $838
Plus Fees
1 to 2 Bedroom Apartments Available NowOak Ridge Manor Senior 62+ Apartments
20 N 9th Ave EMelrose, MN 56352
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$720
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$701
Required Monthly Fees
$19
Total Monthly Price
$720
Natures Edge Partners LLC
105 Sunnyslope RdMorris, MN 56267
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$735 - $1,595
Plus Fees
Studio to 3 Bedroom Apartments Available NowMainstreeter Apartments
800 Main St NSauk Centre, MN 56378
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$765
Plus Fees
2 Bedroom Apartments Available NowCircle Pines Apartments
102 2nd Ave WBalaton, MN 56115
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$765 - $939
Plus Fees
1 to 2 Bedroom Apartments Available NowWestfield Apartments
215 Western Ave SBrooten, MN 56316
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$795 - $1,575
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Nexus
231-235 Legion Field RdMarshall, MN 56258
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$800 - $1,000
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now131 W 11th St
131 W 11th StGibbon, MN 55335
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$800 - $950
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowNyberg Apartments 55+
1709 5th St SWWillmar, MN 56201
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$800 - $2,600
Plus Fees
1 to 3 Bedroom Apartments Available NowRed Skye Lofts
100 Fallwood RdRedwood Falls, MN 56283
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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808 N 8th St
OliviaMN56277
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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703 W Main St
PaynesvilleMN56362
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
308 S 3rd St
MilanMN56262
316 S 3rd St
MilanMN56262
409 Atlantic Ave
MorrisMN56267
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
311 5th St S
Grove CityMN56243
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Showing Results 1-42, Page 1 of 1
Montevideo, MN Local Guide
Sunflower Landscape by Justin Meissen is licensed under CC BY 2.0
How much does it cost to rent an apartment in Montevideo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montevideo Studio Apartments | $948 | $735 | $1,065 |
| Montevideo 1 Bedroom Apartments | $1,027 | $502 | $1,500 |
| Montevideo 2 Bedroom Apartments | $1,287 | $625 | $1,890 |
| Montevideo 3 Bedroom Apartments | $1,636 | $1,150 | $2,300 |
| Montevideo 4 Bedroom Apartments | $1,350 | $1,350 | $1,350 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Montevideo
See all Apartments in MontevideoExplore Montevideo
Montevideo, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Montevideo Apartments for Rent and Nearby
The cheapest available apartment rental in Montevideo, MN is a 1 Bed unit found at Beardsley Apartments priced from $519. Downtown Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Montevideo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beardsley Apartments | One Bedroom | 1BR,1BA | $519 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $525 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $718 |
| Natures Edge Partners LLC | 1B1B MKT | 1BR,1BA | $720 |
| Circle Pines Apartments | 2 Beds, 1 bath | 2BR,1BA | $765 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $795 |
| The Nexus | 233 - Studio A/1 BA | Studio,1BA | $795 |
| Red Skye Lofts | 1 Bedroom | 1BR,1BA | $800 |
Best Value Apartments for Rent in Montevideo, MN and Nearby
As of December 14, 2025 the best value apartment in the Montevideo area is the $1.04 price per square foot 2 Bed Model at 105 Carly Dr in the starting from $1,200. The second greatest value Montevideo apartment is the 2BR/1 Bath Model at Valleyside Townhomes starting at $955 with a $0.99 price per square foot . Here is today’s list of the best values for Montevideo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 105 Carly Dr | 2 Bed | 2BR,1.5BA | $1.04 |
| Valleyside Townhomes | 2BR/1 Bath | 2BR,1BA | $0.99 |
| 131 W 11th St | 2 Bedroom 2 Bath | 2BR,2BA | $1.00 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
| Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $0.92 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.66 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.01 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Montevideo, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montevideo, MN Rentals by Map
See the most popular apartments and homes in Montevideo, MN
Getting Around Montevideo, MN
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Montevideo Apartments
What is the Cheapest Studio apartment in Montevideo?
Currently the most affordable Cheap Studio Apartment in Montevideo is at The Nexus listed at $795.
How much is rent for a Cheap One Bedroom Montevideo Apartment?
The lowest price for a Cheap One Bedroom Montevideo Apartment is $519 at Beardsley Apartments.
What is the lowest price for a Cheap Two Bedroom Montevideo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montevideo is starting from $625 at RC Square Apartments.
What is the most affordable Montevideo Three Bedroom Apartment?
The best deal on a cheap Montevideo Three Bedroom Apartment rental is at The Rock Apartments and starts from $945.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.