488 N Welco Dr
MontgomeryMN56069
Cheap Apartments for Rent in Montgomery, MN from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery.
400 N Welco Dr
MontgomeryMN56069
close
View Me
$719 - $1,705
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityBrentwood Court Apartments - 55+ Community
285 Creek Ln SJordan, MN 55352
close
View Me
$750 - $815
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowCardinal Ridge Apartments 62+
200 State St WBelle Plaine, MN 56011
close
View Me
$810
Plus Fees
Studio Apartments Available Feb 20Hidden Valley Apartments
1370 Heritage DrNorthfield, MN 55057
close
View Me
$831 - $1,930
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityMarket Village Senior Residence 55+
100-110 J Roberts WayElko New Market, MN 55054
close
View Me
$835 - $1,606
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityBrentwood Terrace - 55+ Community
405 Seville DrJordan, MN 55352
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.
close
View Me
Rent Specials
$895 - $1,020
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLe Sueur Apartments
411 N 3rd St NLe Sueur, MN 56058
close
View Me
$900 - $1,525
Plus Fees
Studio to 2 Bedroom Apartments Available NowTiller Place
128 2nd StLe Sueur, MN 56058
close
View Me
$900 - $950
Plus Fees
Studio Apartments Available Feb 1Tiller+Main
101 Main StLe Sueur, MN 56058
close
View Me
$975 - $1,350
Plus Fees
1 to 3 Bedroom Apartments Available NowFour Seasons Apartments
1250 Autumn DrFaribault, MN 55021
close
View Me
Rent Specials
$1,000 - $1,945
Plus Fees
Studio to 2 Bedroom Apartments Available NowStraight River Apartments, LLC
601 1st Ave NEFaribault, MN 55021
close
View Me
$1,030 - $1,450
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTown's Edge Place Apartments
851 Faribault RdFaribault, MN 55021
close
View Me
$1,039 - $1,839
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available May 1Total Monthly Price
Base Rent
$999 - $1,799
Required Monthly Fees
$40
Total Monthly Price
$1,039 - $1,839
Midwest Flats
429 8th Ave NWFaribault, MN 55021
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.
close
View Me
$1,040 - $1,540
Plus Fees
Studio to 2 Bedroom Apartments Available Feb 1Hillside Apartments
10 Division St WFaribault, MN 55021
close
View Me
$1,075 - $1,500
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowGreenfield Estates I & II
870-880 Kingsway DrLe Sueur, MN 56058
close
View Me
$1,099 - $1,225
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Faribo Apartments
123 2nd St NWFaribault, MN 55021
close
View Me
1 to 2 Bedroom Apartments
Northview Apartments
532-568 N Cordova AveLe Center, MN 56057
close
View Me
1 to 2 Bedroom Apartments
Liberty Park Apartments Senior Community-62+
204 Liberty ParkNew Prague, MN 56071
close
View Me
1 to 2 Bedroom Apartments
Hillcrest Apartments
500 Boright StLe Sueur, MN 56058
close
View Me
1 to 3 Bedroom Apartments
Henderson Apartments
235 N 8th StHenderson, MN 56044
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
2 Bedroom Apartments
Le Sueur Meadows
417 Turril StLe Sueur, MN 56058
close
View Me
1 to 2 Bedroom Apartments
Brooksville
16829 Toronto Ave SEPrior Lake, MN 55372
Showing Results 1-23, Page 1 of 1
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 | $1,157 | $719 | $1,639 |
| Montgomery 1 Bedroom Apartments | $1,338 | $815 | $1,925 |
| Montgomery 2 Bedroom Apartments | $1,616 | $1,000 | $2,395 |
| Montgomery 3 Bedroom Apartments | $1,945 | $1,350 | $2,730 |
| Montgomery 4 Bedroom Apartments | $2,500 | $2,500 | $2,500 |
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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Montgomery Apartments for Rent and Nearby
The cheapest available apartment rental in Montgomery, MN is a 1 Bed unit found at Cardinal Ridge Apartments 62+ in the Scott Far Western Suburbs neighborhood priced from $750. Le Sueur Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Montgomery apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cardinal Ridge Apartments 62+ | 1 Bedroom | 1BR,1BA | $750 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Tiller Place | Studio | Studio,1BA | $900 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
Best Value Apartments for Rent in Montgomery, MN and Nearby
As of January 27, 2026 the best value apartment in the Montgomery area is the $1.09 price per square foot 3 Bedroom 2 Bath Model at Jordan Valley Townhomes in the in the Scott Far Western Suburbs neighborhood starting from $1,742. The second greatest value Montgomery apartment is the 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC starting at $1,875 with a $1.50 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. |
|---|---|---|---|
| Jordan Valley Townhomes | 3 Bedroom 2 Bath | 3BR,2BA | $1.09 |
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.50 |
| Brecken Place 2nd Addition | Three Bedroom | 3BR,2BA | $1.22 |
| Pineview Townhomes | Two Bedroom | 2BR,1.5BA | $1.54 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.50 |
| Greenfield Estates I & II | Waiting List - 1 Bedroom | 1BR,1BA | $1.43 |
| Tiller Place | Studio | Studio ,1BA | $1.36 |
| Cardinal Ridge Apartments 62+ | 1 Bedroom | 1BR,1BA | $1.17 |
| 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
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Let everyone know!
Do you know the Montgomery area?
If you’re an expert on all things Montgomery, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montgomery, MN Rentals by Map
See the most popular apartments and homes in Montgomery, MN
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 Tiller Place listed at $900.
How much is rent for a Cheap One Bedroom Montgomery Apartment?
The lowest price for a Cheap One Bedroom Montgomery Apartment is $750 at Cardinal Ridge Apartments 62+.
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 Four Seasons Apartments and starts from $1,350.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.