703 W Main St
PaynesvilleMN56362
Cheap Homes for Rent in Montevideo, MN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Montevideo.
322 3rd Ave
MadisonMN56256
516 15th St N
BensonMN56215
241 E Ronning Ave
AppletonMN56208
513 Elm Ave, Unit 103
513 Elm Ave
BrookingsSD57006
1043 13th St N
BensonMN56215
229 E Oak Ave
TylerMN56178
411 N 3rd St
MarshallMN56258
114 Lake Ave S
SpicerMN56288
Showing Results 1-9, 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 a home in Montevideo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montevideo 2 Bedroom Homes for Rent | $1,325 | $1,300 | $1,375 |
| Montevideo 3 Bedroom Homes for Rent | $1,437 | $895 | $2,200 |
| Montevideo 4 Bedroom Homes for Rent | $2,291 | $1,100 | $3,800 |
| Montevideo 5 Bedroom Homes for Rent | $4,850 | $4,850 | $4,850 |
Browse Top Homes for Rent in Montevideo
Explore Montevideo
Montevideo, MN Local Guide
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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. RC Square Apartments in the Downtown Marshall neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. 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 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| Sterling Manor Apartments | Studio | Studio,1BA | $691 |
Best Value Apartments for Rent in Montevideo, MN and Nearby
As of August 06, 2025 the best value apartment in the Montevideo area is the $0.91 price per square foot 3 Bedroom Model at Red Skye Lofts in the starting from $1,250. The second greatest value Montevideo apartment is the Three Bedroom A - By The Lake Model at Somerset Properties starting at $1,403 with a $1.24 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. |
|---|---|---|---|
| Red Skye Lofts | 3 Bedroom | 3BR,1BA | $0.91 |
| Somerset Properties | Three Bedroom A - By The Lake | 3BR,2BA | $1.24 |
| Thunder Hawk | Two Bedroom Two Bathroom | 2BR,2BA | $1.36 |
| Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| 505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $1.39 |
| 1517 Becker Ave SE | 2 bed 1 bath | 2BR,1BA | $1.32 |
| 1505 Becker Ave SE | 2 bed 1 bath | 2BR,1BA | $1.32 |
| Natures Edge Partners LLC | 1B1B MKT | 1BR,1BA | $1.52 |
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Frequently Asked Questions about Montevideo
What type of rentals are currently available in Montevideo?
There are currently 76 Apartments for Rent in Montevideo, MN with pricing that ranges from $502 to $2,000. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montevideo ranging from $895 to $4,850.
What is the current price range for Rental Homes in Montevideo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montevideo ranges from $895 to $4,850 with an average monthly rent of $2,475.
How much are larger Three and Four Bedroom Rentals in Montevideo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Montevideo range from $1,150 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,350.
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.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.