Cheap Apartments for Rent in Montevideo, MN from $300 (80 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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 516 Ann St SE

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1 Bath Townhome for Rent

Available Now

516 Ann St SE, Unit 1

516 Ann 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
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  • Utilities Included
  • Smoke Free

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Edgeview Apartments
Rent Specials
$955 - $1,755
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $1,695
Required Monthly Fees
$60
Total Monthly Price
$955 - $1,755
Studio to 3 Bedroom Apartments Available Now

Edgeview Apartments

1001-1031 30th St NWWillmar, MN 56201
Student Housing
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  • Customer Reviewed
  • 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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property at 811 7th St

$1,000

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Home for Rent

Available Now

811 7th St, Unit 2

811 7th St
BrookingsSD57006
property at 725 6th Ave S

$1,040

Total Monthly Price

Total Monthly Price

Base Rent
$1,040
Total Monthly Price
$1,040

2 Bedroom, 1 Bath Townhome for Rent

Available Oct 1

725 6th Ave S, Unit 13

725 6th Ave S
BrookingsSD57006
property at 2426 4th Ave SE

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

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

2 Bedroom, 1 Bath Condo for Rent

Available Aug 1

2426 4th Ave SE, Unit 2426

2426 4th Ave SE
WillmarMN56201
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The Preserve on 24th
Rent Specials
$1,065 - $1,445
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,445
Total Monthly Price
$1,065 - $1,445
Studio to 2 Bedroom Apartments Available Now

The Preserve on 24th

401 24th AveWillmar, MN 56201
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Block 100
$1,095 - $1,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,500
Required Monthly Fees
$95
Total Monthly Price
$1,095 - $1,595
1 to 2 Bedroom Apartments Available Now

Block 100

103 W Lyon StMarshall, MN 56258
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  • 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
property at 350 Mound Ave

$1,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

350 Mound Ave

BalatonMN56115

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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Wobegon Crossings
$1,164 - $1,749
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,145 - $1,730
Required Monthly Fees
$19
Total Monthly Price
$1,164 - $1,749
1 to 3 Bedroom Apartments Available Now

Wobegon Crossings

1250 W Railroad AveMelrose, MN 56352
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  • 3D Tour
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Block 25 Lofts
$1,185
Total Monthly Price

Total Monthly Price

Base Rent
$1,170
Required Monthly Fees
$15
Total Monthly Price
$1,185
1 Bedroom Apartments Contact Us For Availability

Block 25 Lofts

103 3rd St SWWillmar, MN 56201
55+ Active Adult
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property at 708 18th St S

$1,200 - $1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,700
Total Monthly Price
$1,200 - $1,700

2 To 3 Bedroom Homes for Rent

Available Now

708 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
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River Ridge Apartments
1 to 2 Bedroom Apartments

River Ridge Apartments

201 S Minnesota StRedwood Falls, MN 56283
  • Utilities Included

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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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
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
131 W 11th St1 Bedroom 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Montevideo, MN and Nearby

As of July 30, 2026 the best value apartment in the Montevideo area is the $0.85 price per square foot Two Bedroom, Handicap Model at Paris Park Townhomes in the in the Downtown Marshall neighborhood starting from $1,180. The second greatest value Montevideo apartment is the 2BR/1.5 Bath Model at Valleyside Townhomes starting at $1,095 with a $0.96 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.
Paris Park TownhomesTwo Bedroom, Handicap2BR,1.5BA$0.85
Valleyside Townhomes2BR/1.5 Bath2BR,1.5BA$0.96
Beardsley ApartmentsOne Bedroom1BR,1BA$0.67
Runestone Grand Apartments2 Bedroom2BR,1BA$1.07
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99
512 Vernon AveTwo Bedroom2BR,1BA$0.87
Bethel On BryantRenville - 1/11BR,1BA$0.96
Red Skye Lofts1 Bedroom1BR,1BA$1.12
131 W 11th St1 Bedroom 1 Bath1BR,1BA$1.18
Westfield Apartments1 bedroom1BR,1BA$1.23

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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Quick 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

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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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.