Apartments for Rent in Montgomery, MN Under $2,000 (56 Rentals)

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property at 400 N Welco Dr

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Jan 10, 2026

400 N Welco Dr

MontgomeryMN56069
property at 488 N Welco Dr

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Feb 10, 2026

488 N Welco Dr

MontgomeryMN56069
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Jordan Valley Townhomes
Rent Specials
$1,742
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,742

Total Monthly Price
$1,742
2 to 3 Bedroom Apartments Available Now

Jordan Valley Townhomes

375 Augusta CtJordan, MN 55352
Cost Per Sq.Ft.
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  • Utilities Included
  • Low Income
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East Gate Estates
Rent Specials
$1,429 - $1,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $1,495
Required Monthly Fees
$4

Total Monthly Price
$1,429 - $1,499
2 to 3 Bedroom Apartments Available Now

East Gate Estates

1200 4th St NENew Prague, MN 56071
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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.

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Authentix Lakeville
$1,422 - $2,730
Total Monthly Price

Total Monthly Price

Base Rent
$1,276 - $2,584
Required Monthly Fees
$146

Total Monthly Price
$1,422 - $2,730
Studio to 3 Bedroom Apartments Available Now

Authentix Lakeville

11656 207th St WLakeville, MN 55044
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Midwest Flats
$1,039 - $1,839
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$999 - $1,799
Required Monthly Fees
$40

Total Monthly Price
$1,039 - $1,839
Studio to 2 Bedroom Apartments Available Now

Midwest Flats

429 8th Ave NWFaribault, MN 55021
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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.

property at 1651 Chadum Ln

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 2.5 Bath Townhome for Rent

Available Jan 16, 2026

1651 Chadum Ln

ShakopeeMN55379
property at 2027 Brittany Ct

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 2 Bath Townhome for Rent

Available Now

2027 Brittany Ct

ShakopeeMN55379
property at 16377 Duluth Ave SE

$1,989

Total Monthly Price

Total Monthly Price

Base Rent
$1,989

Total Monthly Price
$1,989

3 Bedroom, 2 Bath Home for Rent

Available Now

16377 Duluth Ave SE

Prior LakeMN55372
property at 437 Romeo Dr

$1,905

Total Monthly Price

Total Monthly Price

Base Rent
$1,905

Total Monthly Price
$1,905

3 Bedroom, 2 Bath Home for Rent

Available Now

437 Romeo Dr

LakevilleMN55044
property at 217 9th St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 2 Bath Home for Rent

Available Now

217 9th St

JordanMN55352
property at 325 Brutus Dr

$1,779

Total Monthly Price

Total Monthly Price

Base Rent
$1,779

Total Monthly Price
$1,779

3 Bedroom, 2 Bath Home for Rent

Available Now

325 Brutus Dr

LakevilleMN55044
property at 501 1st St W

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Jan 2, 2026

501 1st St W

NorthfieldMN55057
property at 20660 Holyoke Ave

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

20660 Holyoke Ave

LakevilleMN55044

Montgomery, MN Local Guide

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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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.

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Cash 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, MN Rentals by Map

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Frequently Asked Questions about Montgomery

How much are Studio apartments in Montgomery?

There are currently 10 Studio Apartments in Montgomery with rent ranges from $719 to $1,885 with an average price of $1,150.

What is the current price range for One Bedroom Montgomery Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Montgomery ranges from $815 to $1,925 with an average monthly rent of $1,325.

What does renting a Two Bedroom Apartment in Montgomery cost?

The monthly rent prices of Two Bedroom Apartments currently available in Montgomery range from $1,000 to $2,395. Today's average rental price for Two Bedrooms here is $1,603.

How expensive are Montgomery Three Bedroom Apartments?

There are currently 16 Three Bedroom Apartments listings available in Montgomery on ApartmentHomeLiving.com. The pricing ranges from $1,350 to $2,730 - averaging $1,981 for the location.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.