1000 Division St S
NorthfieldMN55057
Cheap Homes for Rent in Montgomery, MN from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery.
960 N 3rd St
St. PeterMN56082
110 Maple Dr
MankatoMN56001
128 Maple Dr
MankatoMN56001
728 Colonial Cir
FaribaultMN55021
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.
203 Spruce Ln
MankatoMN56001
128 2nd Ave W
ShakopeeMN55379
16331 Timber Crest Dr SE
Prior LakeMN55372
20577 Erin Ct
FarmingtonMN55024
503 Juliet Dr
LakevilleMN55044
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.
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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 | $1,890 | $1,600 | $2,725 |
| Montgomery 3 Bedroom Homes for Rent | $2,353 | $1,275 | $4,750 |
| Montgomery 4 Bedroom Homes for Rent | $3,102 | $2,100 | $3,950 |
| Montgomery 5 Bedroom Homes for Rent | $3,375 | $2,650 | $4,100 |
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 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 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
Best Value Apartments for Rent in Montgomery, MN and Nearby
As of February 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 Two Bedroom Model at Pineview Townhomes starting at $1,600 with a $1.33 price per square foot in the Scott Far Western Suburbs 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 |
| Pineview Townhomes | Two Bedroom | 2BR,1.5BA | $1.33 |
| Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.59 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.50 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.11 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
| Greenfield Estates I & II | Waiting List - 1 Bedroom | 1BR,1BA | $1.43 |
| 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
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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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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 $2,730. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $1,275 to $4,750.
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 $1,275 to $4,750 with an average monthly rent of $2,403.
How much are larger Three and Four Bedroom Rentals in Montgomery?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Montgomery range from $1,350 to $2,730, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $4,750. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,500.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.