501 1st St W
NorthfieldMN55057
Cheap Homes for Rent near Montgomery, MN from $875 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery.
561 S Elk St
Belle PlaineMN56011
1109 1st Ave NW
FaribaultMN55021
960 N 3rd St
St. PeterMN56082
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.
203 Spruce Ln
MankatoMN56001
207 Spruce Ln
MankatoMN56001
9830 Upper 161st St W
LakevilleMN55044
14534 Lockslie Trail
SavageMN55378
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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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 a home in Montgomery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery 2 Bedroom Homes for Rent | $1,776 | $1,150 | $2,295 |
| Montgomery 3 Bedroom Homes for Rent | $2,408 | $1,800 | $2,995 |
| Montgomery 4 Bedroom Homes for Rent | $2,830 | $1,749 | $3,695 |
| Montgomery 5 Bedroom Homes for Rent | $3,147 | $2,500 | $3,795 |
| Montgomery 6 Bedroom Homes for Rent | $3,795 | $3,795 | $3,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 |
| Country View Court | 1 Bed, 1 bath | 1BR,1BA | $1,020 |
Best Value Apartments for Rent in Montgomery, MN and Nearby
As of August 29, 2026 the best value apartment in the Montgomery area is the $1.50 price per square foot 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC in the in the Downtown Faribault neighborhood starting from $1,875. The second greatest value Montgomery apartment is the 3 Bedroom Model at Henderson Apartments starting at $1,300 with a $1.06 price per square foot . 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. |
|---|---|---|---|
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.50 |
| Henderson Apartments | 3 Bedroom | 3BR,2BA | $1.06 |
| Heritage Bluff Apartments | 3 BD/2 BA | 3BR,2BA | $1.53 |
| Maple Acres Apartments | 3 Bedroom | 3BR,1BA | $1.19 |
| Le Sueur Meadows | Three Bedroom | 3BR,1BA | $1.25 |
| East Gate Estates | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.46 |
| Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.55 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| Belle Court | Unit A111 | 1BR,1BA | $1.58 |
| 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.
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Real 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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See the most popular apartments and homes in Montgomery, MN
Frequently Asked Questions about Montgomery
What type of rentals are currently available in Montgomery?
There are currently 53 Apartments for Rent in Montgomery, MN with pricing that ranges from $802 to $2,518. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $875 to $3,795.
What is the current price range for Rental Homes in Montgomery?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montgomery ranges from $875 to $3,795 with an average monthly rent of $2,238.
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.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.