Cheap Apartments for Rent in Montevideo, MN from $400 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Windom
1 to 2 Bedroom Apartments

Windom

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

Burnsdale I

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

Burnsdale II

1324 Black Oak AveMontevideo, MN 56265
  • Utilities Included
close
View Me
Natures Edge Partners LLC
Rent Specials
$705
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$701
Required Monthly Fees
$4
Total Monthly Price
$705
1 Bedroom Apartments Available Now

Natures Edge Partners LLC

105 Sunnyslope RdMorris, MN 56267
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
330 4th St SW
Studio to 1 Bedroom Apartments

330 4th St SW

330 4th St SWWillmar, MN 56201
close
View Me
Lyon County Apartments
Studio to 1 Bedroom Apartments

Lyon County Apartments

200 S 4th StMarshall, MN 56258
Senior Living
  • Utilities Included
close
View Me
507 Division St N
1 to 2 Bedroom Apartments

507 Division St N

507 Division St NClara City, MN 56222
  • Utilities Included
close
View Me
806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

806 W 5th StMorris, MN 56267
  • Utilities Included
close
View Me
Lake Place II
1 to 2 Bedroom Apartments

Lake Place II

1421 Lake Ave NWWillmar, MN 56201
Senior Living
  • Utilities Included
close
View Me
Southview Apartments
1 to 2 Bedroom Apartments

Southview Apartments

200 10th Ave SEFairfax, MN 55332
  • Utilities Included
close
View Me
Westmar Apartments
1 to 2 Bedroom Apartments

Westmar Apartments

1002-1003 Pearl AveMarshall, MN 56258
  • Utilities Included
close
View Me
Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
Senior Living
  • Utilities Included
close
View Me
Home Rite Apartments
1 to 2 Bedroom Apartments

Home Rite Apartments

126 1st St SEOrtonville, MN 56278
  • Utilities Included
close
View Me
Heritage Prairie
1 Bedroom Apartments

Heritage Prairie

1173 Dewey StWabasso, MN 56293
  • Utilities Included
close
View Me
River Ridge Apartments
1 to 2 Bedroom Apartments

River Ridge Apartments

201 S Minnesota StRedwood Falls, MN 56283
  • Utilities Included
close
View Me
Grove Heights Townhomes
1 to 2 Bedroom Apartments

Grove Heights Townhomes

500-614 Maple LnGrove City, MN 56243
  • Utilities Included
close
View Me
Spicer B Apartments
1 to 2 Bedroom Apartments

Spicer B Apartments

196 Lakeview DrSpicer, MN 56288
  • Utilities Included
close
View Me
131 W 11th St
1 to 2 Bedroom Apartments

131 W 11th St

131 W 11th StGibbon, MN 55335
  • Utilities Included
Showing Results 1-41, Page 1 of 1

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 Beardsley Apartments priced from $519. Douglas Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $565. Here is today’s list of the most affordable Montevideo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beardsley ApartmentsOne Bedroom1BR,1BA$519
Douglas Manor Apartments1BR/1BA1BR,1BA$565
RC Square Apartments2 Bedroom2BR,1BA$625
Sterling Manor ApartmentsStudioStudio,1BA$691
Natures Edge Partners LLC1B1B MKT1BR,1BA$705
The Rock ApartmentsGF: 1 Bed 1 Bath1BR,1BA$725
131 W 11th St1 Bedroom 1 Bath1BR,1BA$800
1505 Becker Ave SE1 bed 1 bath1BR,1BA$825
Somerset PropertiesTwo Bedroom B - By The Lake2BR,1BA$870
Red Skye Lofts1 Bedroom1BR,1BA$890

Best Value Apartments for Rent in Montevideo, MN and Nearby

As of September 09, 2025 the best value apartment in the Montevideo area is the $1.33 price per square foot 235 - 3 BR/1 BA Model at The Nexus in the in the Downtown Marshall neighborhood starting from $1,495. The second greatest value Montevideo apartment is the Two Bed Two Bath with Balcony/Patio Model at Community Park Apartment Homes starting at $1,250 with a $1.35 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.
The Nexus235 - 3 BR/1 BA3BR,1BA$1.33
Community Park Apartment HomesTwo Bed Two Bath with Balcony/Patio2BR,2BA$1.35
Thunder HawkTwo Bedroom One Bathroom2BR,1BA$1.36
Beardsley ApartmentsOne Bedroom1BR,1BA$0.58
RC Square Apartments2 Bedroom2BR,1BA$0.70
Runestone Grand Apartments2 Bedroom2BR,1BA$1.07
131 W 11th St1 Bedroom 1 Bath1BR,1BA$1.11
1517 Becker Ave SE2 bed 1 bath2BR,1BA$1.32
1505 Becker Ave SE2 bed 1 bath2BR,1BA$1.32
Douglas Manor Apartments1BR/1BA1BR,1BA$0.90

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.

decorative image of people with a giant lease agreement

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

Decorative image of map

See the most popular apartments and homes in Montevideo, MN

View Map
Montevideo, MN Apartments Map
View Map
Montevideo, MN Rental Homes Map

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

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 $615 at Douglas Manor Apartments.

What is the most affordable Montevideo Three Bedroom Apartment?

The best deal on a cheap Montevideo Three Bedroom Apartment rental is at Douglas Manor Apartments and starts from $725.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.