400 N Welco Dr
MontgomeryMN56069
Cheap Apartments for Rent in Montgomery, MN from $750 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.
488 N Welco Dr
MontgomeryMN56069
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$750 - $815
Total Monthly Price
Base Rent$750 - $815
Total Monthly Price$750 - $815
Cardinal Ridge Apartments 62+
200 State St WBelle Plaine, MN 56011
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$802 - $1,540
Total Monthly Price
Base Rent$802 - $1,540
Total Monthly Price$802 - $1,540
Brentwood Court Apartments - 55+ Community
285 Creek Ln SJordan, MN 55352
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$860 - $1,384
Total Monthly Price
Base Rent$860 - $1,384
Total Monthly Price$860 - $1,384
Brentwood Terrace - 55+ Community
405 Seville DrJordan, MN 55352
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Rent Specials
$895 - $1,020
Total Monthly Price
Base Rent$895 - $1,020
Total Monthly Price$895 - $1,020
Le Sueur Apartments
411 N 3rd St NLe Sueur, MN 56058
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$975 - $1,350
Total Monthly Price
Base Rent$975 - $1,350
Total Monthly Price$975 - $1,350
Four Seasons Apartments
1250 Autumn DrFaribault, MN 55021
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$995
Total Monthly Price
Base Rent$985
Required Monthly FeesVaries
Total Monthly PriceVaries
Hidden Valley Apartments
1370 Heritage DrNorthfield, MN 55057
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Rent Specials
$1,000 - $1,945
Total Monthly Price
Base Rent$1,000 - $1,945
Total Monthly Price$1,000 - $1,945
Straight River Apartments, LLC
601 1st Ave NEFaribault, MN 55021
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$1,000 - $1,425
Total Monthly Price
Base Rent$1,000 - $1,425
Total Monthly Price$1,000 - $1,425
Tiller Place
128 2nd StLe Sueur, MN 56058
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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$1,020
Total Monthly Price
Base Rent$1,020
Total Monthly Price$1,020
Country View Court
104 2nd St NEMorristown, MN 55052
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$1,030 - $1,300
Total Monthly Price
Base Rent$1,030 - $1,300
Total Monthly Price$1,030 - $1,300
Le Sueur Meadows
417 Turril StLe Sueur, MN 56058
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$1,033
Total Monthly Price
Base Rent$1,033
Total Monthly Price$1,033
Town's Edge Place Apartments
851 Faribault RdFaribault, MN 55021
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Rent Specials
$1,040 - $1,540
Total Monthly Price
Base Rent$1,040 - $1,540
Total Monthly Price$1,040 - $1,540
Hillside Apartments
10 Division St WFaribault, MN 55021
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Rent Specials
$1,050 - $1,200
Total Monthly Price
Base Rent$1,050 - $1,200
Total Monthly Price$1,050 - $1,200
Parkside Apartments
310 6th Ave NWNew Prague, MN 56071
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$1,095 - $1,445
Total Monthly Price
Base Rent$1,095 - $1,445
Total Monthly Price$1,095 - $1,445
Belle Court
561 S Elk St SBelle Plaine, MN 56011
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$1,106 - $1,672
Total Monthly Price
Base Rent$1,106 - $1,672
Total Monthly Price$1,106 - $1,672
Philipp Square Senior Apartments 55+
116 1st Ave NWNew Prague, MN 56071
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$1,118 - $1,244
Total Monthly Price
Base Rent$1,099 - $1,225
Required Monthly Fees$19
Total Monthly Price$1,118 - $1,244
The Faribo Apartments
123 2nd St NWFaribault, MN 55021
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Rent Specials
$1,150
Total Monthly Price
Base Rent$1,150
Total Monthly Price$1,150
Trails Edge Apartments
715 Central AveFaribault, MN 55021
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$1,175 - $1,400
Total Monthly Price
Base Rent$1,175 - $1,400
Total Monthly Price$1,175 - $1,400
Tiller+Main
101 Main StLe Sueur, MN 56058
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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Rent Specials
$1,195 - $2,395
Total Monthly Price
Base Rent$1,195 - $2,395
Total Monthly Price$1,195 - $2,395
Sand Creek Flats
201 El Dorado DrJordan, MN 55352
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$1,243 - $1,655
Total Monthly Price
Base Rent$1,183 - $1,595
Required Monthly Fees$60
Total Monthly Price$1,243 - $1,655
Elmview Apartments
1740 Willow StFaribault, MN 55021
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Rent Specials
$1,250 - $1,795
Total Monthly Price
Base Rent$1,250 - $1,795
Total Monthly Price$1,250 - $1,795
Riverchase Apartments
110 Riverchase CtFaribault, MN 55021
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$1,250
Total Monthly Price
Base Rent$1,250
Total Monthly Price$1,250
Maple Acres Apartments
255 Maple Ln SeNew Prague, MN 56071
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Rent Specials
$1,260 - $1,615
Total Monthly Price
Base Rent$1,260 - $1,615
Total Monthly Price$1,260 - $1,615
Timberfield Apartments
2411-2431 Jefferson RdNorthfield, MN 55057
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$1,294
Total Monthly Price
Base Rent$1,195
Required Monthly Fees$99
Total Monthly Price$1,294
Creekside Commons Apartments
16535 Tranquility Ct SEPrior Lake, MN 55372
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Rent Specials
$1,300 - $1,595
Total Monthly Price
Base Rent$1,300 - $1,595
Total Monthly PriceVaries
Hickory Grove Apartments
1201 Enterprise Dr EBelle Plaine, MN 56011
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$1,315
Total Monthly Price
Base Rent$1,300
Required Monthly Fees$15
Total Monthly Price$1,315
Greenfield Estates I & II
870-880 Kingsway DrLe Sueur, MN 56058
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Rent Specials
$1,345 - $1,695
Total Monthly Price
Base Rent$1,345 - $1,695
Total Monthly Price$1,345 - $1,695
Heritage Bluff Apartments
200 Heritage PlFaribault, MN 55021
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Rent Specials
$1,363 - $2,498
Total Monthly Price
Base Rent$1,217 - $2,352
Required Monthly FeesVaries
Total Monthly PriceVaries
Authentix Lakeville
11656 207th St WLakeville, MN 55044
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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$1,400 - $2,250
Total Monthly Price
Base Rent$1,400 - $2,250
Total Monthly Price$1,400 - $2,250
Mosaic Apartments
1400 Heritage DrNorthfield, MN 55057
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Rent Specials
$1,400 - $2,300
Total Monthly Price
Base Rent$1,400 - $2,300
Total Monthly Price$1,400 - $2,300
Bohemia Flats
102 Chalupsky Ave SENew Prague, MN 56071
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$1,420 - $1,700
Total Monthly Price
Base Rent$1,420 - $1,700
Total Monthly Price$1,420 - $1,700
Maple Trails Apartments
2005 Jefferson RdNorthfield, MN 55057
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$1,450 - $2,200
Total Monthly Price
Base Rent$1,450 - $2,200
Total Monthly Price$1,450 - $2,200
Old Town Apartments
220 Old Town RdElko New Market, MN 55054
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Rent Specials
$1,469 - $1,594
Total Monthly Price
Base Rent$1,465 - $1,590
Required Monthly FeesVaries
Total Monthly PriceVaries
East Gate Estates
1200 4th St NENew Prague, MN 56071
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$1,485 - $1,930
Total Monthly Price
Base Rent$1,485 - $1,930
Total Monthly Price$1,485 - $1,930
Market Village Senior Residence 55+
100-110 J Roberts WayElko New Market, MN 55054
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$1,495 - $1,895
Total Monthly Price
Base Rent$1,495 - $1,895
Total Monthly Price$1,495 - $1,895
The Village at Five Hawks
16611-16635 Five Hawks Ave SEPrior Lake, MN 55372
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$1,599 - $1,629
Total Monthly Price
Base Rent$1,599 - $1,629
Total Monthly Price$1,599 - $1,629
Courtwood Village I
17092 Adelmann St SEPrior Lake, MN 55372
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$1,600 - $2,000
Total Monthly Price
Base Rent$1,600 - $2,000
Total Monthly Price$1,600 - $2,000
Dundas Apartments
80 West Ave WDundas, MN 55019
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1 to 2 Bedroom Apartments
Northview Apartments
532-568 N Cordova AveLe Center, MN 56057
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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1 to 2 Bedroom Apartments
Liberty Park Apartments Senior Community-62+
204 Liberty ParkNew Prague, MN 56071
501 1st St W
NorthfieldMN55057
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1 to 2 Bedroom Apartments
Hillcrest Apartments
500 Boright StLe Sueur, MN 56058
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1 to 3 Bedroom Apartments
Henderson Apartments
235 N 8th StHenderson, MN 56044
1109 1st Ave NW
FaribaultMN55021
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Studio to 2 Bedroom Apartments
Midwest Flats
429 8th Ave NWFaribault, MN 55021
561 S Elk St
Belle PlaineMN56011
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2 to 3 Bedroom Apartments
Westgate Townhomes
600 1st St NWNew Prague, MN 56071
960 N 3rd St
St. PeterMN56082
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2 to 3 Bedroom Apartments
Brecken Place 2nd Addition
961 S Meridian StBelle Plaine, MN 56011
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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Montgomery, MN Local Guide
Trail track into the distance by Nick Ortloff is licensed under CC BY 2.0
How much does it cost to rent an apartment in Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery Studio Apartments | $1,220 | $802 | $1,473 |
| Montgomery 1 Bedroom Apartments | $1,333 | $805 | $1,825 |
| Montgomery 2 Bedroom Apartments | $1,625 | $1,000 | $2,300 |
| Montgomery 3 Bedroom Apartments | $1,787 | $1,125 | $2,498 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Montgomery
See all Apartments in MontgomeryExplore Montgomery
Montgomery, MN Local Guide
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Cheapest Available Montgomery Apartments for Rent and Nearby
The cheapest available apartment rental in Montgomery, MN is a 1 Bed unit found at Le Sueur Apartments in the Le Sueur County neighborhood priced from $895. Four Seasons Apartments in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Montgomery apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Straight River Apartments, LLC | Studio | Studio,1BA | $1,000 |
| Tiller Place | 0BR/1.0BA | Studio,1BA | $1,000 |
| Country View Court | 1 Bed, 1 bath | 1BR,1BA | $1,020 |
| Le Sueur Meadows | Two Bedroom | 2BR,1BA | $1,030 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,033 |
| Parkside Apartments | 1 bedroom | 1BR,1BA | $1,050 |
| Belle Court | Unit A102 | 2BR,1BA | $1,095 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1,118 |
Best Value Apartments for Rent in Montgomery, MN and Nearby
As of September 12, 2026 the best value apartment in the Montgomery area is the $1.06 price per square foot 3 Bedroom Model at Henderson Apartments in the starting from $1,300. The second greatest value Montgomery apartment is the 3 BD/2 BA Model at Heritage Bluff Apartments starting at $1,695 with a $1.53 price per square foot in the Downtown Faribault neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Henderson Apartments | 3 Bedroom | 3BR,2BA | $1.06 |
| Heritage Bluff Apartments | 3 BD/2 BA | 3BR,2BA | $1.53 |
| Greenfield Estates I & II | Two Bedroom Apartment | 2BR,1BA | $1.23 |
| Maple Acres Apartments | 3 Bedroom | 3BR,1BA | $1.19 |
| Le Sueur Meadows | Three Bedroom | 3BR,1BA | $1.25 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
| Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.55 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| Trails Edge Apartments | 1 BD/1 BA (714 sq ft) | 1BR,1BA | $1.61 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $1.49 |
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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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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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Frequently Asked Questions about Cheap Montgomery Apartments
What is the Cheapest Studio apartment in Montgomery?
Currently the most affordable Cheap Studio Apartment in Montgomery is at Straight River Apartments, LLC listed at $1,000.
How much is rent for a Cheap One Bedroom Montgomery Apartment?
The lowest price for a Cheap One Bedroom Montgomery Apartment is $895 at Le Sueur Apartments.
What is the lowest price for a Cheap Two Bedroom Montgomery Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montgomery is starting from $1,000 at Le Sueur Apartments.
What is the most affordable Montgomery Three Bedroom Apartment?
The best deal on a cheap Montgomery Three Bedroom Apartment rental is at Maple Acres Apartments and starts from $1,250.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.