
Cheap Homes for Rent near Monticello, IA from $300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Monticello.


1215 Mt Pleasant St

1124 Locust St

74 Northwood Dr
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.

287 Cardiff St

1725 D Ave NE

4016 Westover Rd SE

247 W 11th St
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.
Monticello, IA Local Guide

How much does it cost to rent a home in Monticello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello 2 Bedroom Homes for Rent | $1,172 | $770 | $2,000 |
| Monticello 3 Bedroom Homes for Rent | $1,720 | $1,200 | $2,400 |
| Monticello 4 Bedroom Homes for Rent | $2,511 | $1,595 | $3,250 |
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Monticello, IA Local Guide
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Cheapest Available Monticello Apartments for Rent and Nearby
 The cheapest available apartment rental in Monticello, IA is a 1 Bed unit found at Azure Apartments priced from $500. Country Club View in the Wellington Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Azure Apartments | 1bd | 1BR,1BA | $500 |
| Country Club View | 1 BR/ BA | 1BR,1BA | $525 |
| Seasons View Apartments | Seasons View | 1BR,1BA | $760 |
Best Value Apartments for Rent in Monticello, IA and Nearby
As of August 24, 2026 the best value apartment in the Monticello area is the $1.06 price per square foot vvc_D Model at Valley View in the in the Kenwood Park neighborhood starting from $1,145. The second greatest value Monticello apartment is the Brand New 2 Bedroom/2 Bathroom Units at West Br... Model at West Brook Apartments starting at $1,150 with a $1.15 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Valley View | vvc_D | 3BR,2BA | $1.06 |
| West Brook Apartments | Brand New 2 Bedroom/2 Bathroom Units at West Br... | 2BR,2BA | $1.15 |
| Cedar Trail Village | Two Bedroom ground with out patio | 2BR,1BA | $1.17 |
| Country Club View | 2 BR / 1 BA | 2BR,1BA | $0.79 |
| 2861 Prairie Hill Dr | 1 Bed, 1 bath | 1BR,1BA | $1.25 |
| Kerry Manor Apartments | 2 Bedroom x 1.5 Bath | 2BR,1.5BA | $1.17 |
| St. Andrews Apartments | 1x1 | 1BR,1BA | $1.02 |
| Waterford Arms | 1-Bedroom 1-Bathroom | 1BR,1BA | $1.15 |
| Meadowview Apartments | 1BR/1.0BA | 1BR,1BA | $1.13 |
| Azure Apartments | 1bd | 1BR,1BA | $0.96 |
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 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.
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.
Best Local Schools in Monticello, IA
Carpenter Elementary School
Monticello High School
Monticello Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Monticello, IA
Frequently Asked Questions about Monticello
What type of rentals are currently available in Monticello?
There are currently 51 Apartments for Rent in Monticello, IA with pricing that ranges from $460 to $1,921. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $300 to $3,250.
What is the current price range for Rental Homes in Monticello?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monticello ranges from $300 to $3,250 with an average monthly rent of $1,310.
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.