Cheap Apartments for Rent in Montevideo, MN from $300 (69 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montevideo.

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Windom
1 to 2 Bedroom Apartments

Windom

101 Miawakon AveMontevideo, MN 56265
  • Utilities Included
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Burnsdale I
1 to 2 Bedroom Apartments

Burnsdale I

1318 Black Oak AveMontevideo, MN 56265
Senior Living
  • Utilities Included
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Burnsdale II
1 to 2 Bedroom Apartments

Burnsdale II

1324 Black Oak AveMontevideo, MN 56265
Senior Living
  • Utilities Included
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N 6th St Duplex
2 Bedroom Apartments

N 6th St Duplex

820 N 6th StMontevideo, MN 56265
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 626 4th St SE

$795

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795

2 Bedroom, 1 Bath Home for Rent

Available Jun 15

626 4th St SE, Unit #1 - Lower

626 4th St SE
WillmarMN56201
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Red Skye Lofts
$860 - $2,660
Total Monthly Price

Total Monthly Price

Base Rent
$800 - $2,600
Required Monthly Fees
$60
Total Monthly Price
$860 - $2,660
1 to 3 Bedroom Apartments Available Now

Red Skye Lofts

100 Fallwood RdRedwood Falls, MN 56283
Furnished
  • Verified
  • Utilities Included
  • Smoke Free
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Somerset Properties
Rent Specials
$911 - $1,417
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$911 - $1,417
Total Monthly Price
$911 - $1,417
2 to 3 Bedroom Apartments Available Now

Somerset Properties

1401-1405 19th Ave SEWillmar, MN 56201
Family Friendly
  • Verified
  • Utilities Included
  • Low Income

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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property at 401 E Thomas Ave

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

401 E Thomas Ave, Unit 3

401 E Thomas Ave
MarshallMN56258
property at 1100 Elizabeth Ave SE

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

1100 Elizabeth Ave SE

WillmarMN56201
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Valleyside Townhomes
$1,055 - $1,255
Total Monthly Price

Total Monthly Price

Base Rent
$1,055 - $1,255
Total Monthly Price
$1,055 - $1,255
2 to 3 Bedroom Apartments Available Jul 3

Valleyside Townhomes

3149 7th Ave NWWillmar, MN 56201
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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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The Preserve on 24th
Rent Specials
$1,065 - $1,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,475
Total Monthly Price
$1,065 - $1,475
Studio to 2 Bedroom Apartments Available Now

The Preserve on 24th

401 24th AveWillmar, MN 56201
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 710 18th St S

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

710 18th St S

BensonMN56215
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Lyon County Apartments
Studio to 1 Bedroom Apartments

Lyon County Apartments

200 S 4th StMarshall, MN 56258
Senior Living
  • Utilities Included
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330 4th St SW
Studio to 1 Bedroom Apartments

330 4th St SW

330 4th St SWWillmar, MN 56201
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806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

806 W 5th StMorris, MN 56267
Corporate Housing
  • Utilities Included

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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River Ridge Apartments
1 to 2 Bedroom Apartments

River Ridge Apartments

201 S Minnesota StRedwood Falls, MN 56283
  • Utilities Included
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Southview Apartments
1 to 2 Bedroom Apartments

Southview Apartments

200 10th Ave SEFairfax, MN 55332
  • Utilities Included
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Grove Heights Townhomes
1 to 2 Bedroom Apartments

Grove Heights Townhomes

500-614 Maple LnGrove City, MN 56243
  • Utilities Included
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Lake Place II
1 to 2 Bedroom Apartments

Lake Place II

1421 Lake Ave NWWillmar, MN 56201
  • Utilities Included
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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
  • Utilities Included
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Home Rite Apartments
1 to 2 Bedroom Apartments

Home Rite Apartments

126 1st St SEOrtonville, MN 56278
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Montevideo, MN Local Guide

Cheapest Available Montevideo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montevideo, MN is a 1 Bed unit found at 512 Vernon Ave priced from $595. Beardsley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Montevideo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
512 Vernon AveOne Bedroom1BR,1BA$595
Beardsley ApartmentsOne Bedroom1BR,1BA$600
Wildwood Apartments1BR/1.0BA1BR,1BA$715
Bethel On BryantRenville - 1/11BR,1BA$745
Suite Liv'N - WillmarStudio 1 BathStudio,1BA$745
Eastside Acres1 Bed, 1 bath1BR,1BA$761
Westfield Apartments1 bedroom1BR,1BA$765
Suite Liv'n - MarshallOne Bedroom1BR,1BA$775
Cardinal Manor ApartmentsOne Bedroom - Handicap Accessible1BR,1BA$775
Downtown Estates1 Bed, 1 bath1BR,1BA$795

Best Value Apartments for Rent in Montevideo, MN and Nearby

As of June 15, 2026 the best value apartment in the Montevideo area is the $1.10 price per square foot Three Bedroom - Somerset Model at Somerset Properties in the starting from $1,350. The second greatest value Montevideo apartment is the 2 Beds, 1 bath Model at Parkview Apartments starting at $815 with a $0.80 price per square foot . Here is today’s list of the best values for Montevideo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Somerset PropertiesThree Bedroom - Somerset3BR,2BA$1.10
Parkview Apartments2 Beds, 1 bath2BR,1BA$0.80
Beardsley ApartmentsOne Bedroom1BR,1BA$0.67
Runestone Grand Apartments2 Bedroom2BR,1BA$1.07
Red Skye Lofts2 Bedroom2BR,1BA$1.12
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99
512 Vernon AveTwo Bedroom2BR,1BA$0.87
Bethel On BryantRenville - 1/11BR,1BA$0.96
Westfield Apartments1 bedroom1BR,1BA$1.23
Cardinal Manor ApartmentsOne Bedroom1BR,1BA$1.24

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Best Local Schools in
Montevideo, MN

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montevideo, MN Rentals by Map

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See the most popular apartments and homes in Montevideo, MN

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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 Suite Liv'N - Willmar listed at $745.

How much is rent for a Cheap One Bedroom Montevideo Apartment?

The lowest price for a Cheap One Bedroom Montevideo Apartment is $595 at 512 Vernon Ave.

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 $695 at 512 Vernon Ave.

What is the most affordable Montevideo Three Bedroom Apartment?

The best deal on a cheap Montevideo Three Bedroom Apartment rental is at Suite Liv'N - Willmar and starts from $1,150.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.