Search the lowest-cost Apartments available for rent right now in Monticello.
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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.
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.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello Studio Apartments | $1,394 | $1,265 | $1,491 |
| Monticello 1 Bedroom Apartments | $1,428 | $1,120 | $1,730 |
| Monticello 2 Bedroom Apartments | $1,597 | $1,250 | $2,170 |
| Monticello 3 Bedroom Apartments | $2,106 | $1,520 | $2,376 |
Current apartment rentals in the Monticello, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Monticello Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Wright Far Western Suburbs | $3,615 | $556 | 263 |
The cheapest available apartment rental in Monticello, MN is a 2 Beds unit found at Westcello Apartments in the Clemens Munsinger Gardens neighborhood priced from $1,150. Block 52 in the Clemens Munsinger Gardens neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,265. Here is today’s list of the most affordable Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westcello Apartments | 2 Bed/1 Bath | 2BR,1BA | $1,150 |
| Block 52 | Studio | Studio,1BA | $1,265 |
| Rivertown Apartments | Baltimore - CONTACT FOR AVAILABILITY | Studio,1BA | $1,295 |
| Deephaven Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,330 |
| The Bluffs | 2 Bedroom | 2BR,1BA | $1,375 |
| Monticello Village | B7 | 2BR,2BA | $1,726 |
| Monticello Crossings | C2 | 3BR,2BA | $2,311 |
As of June 16, 2026 the best value apartment in the Monticello area is the $1.64 price per square foot C2 Model at Monticello Crossings in the in the Clemens Munsinger Gardens neighborhood starting from $2,311. The second greatest value Monticello apartment is the B7 Model at Monticello Village starting at $1,726 with a $1.63 price per square foot in the Clemens Munsinger Gardens neighborhood. 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. |
|---|---|---|---|
| Monticello Crossings | C2 | 3BR,2BA | $1.64 |
| Monticello Village | B7 | 2BR,2BA | $1.63 |
| The Bluffs | 2 Bedroom | 2BR,1BA | $1.45 |
| Deephaven Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.58 |
| Westcello Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.40 |
| Block 52 | Studio | Studio ,1BA | $2.46 |
| Rivertown Apartments | Baltimore - CONTACT FOR AVAILABILITY | Studio ,1BA | $2.70 |
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 ArticleFrom 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 ArticleThe 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 Monticello, MN
The cheapest apartment in Monticello is Deephaven Apartments which is listed at $1,330, while the average apartment in Monticello costs $3,615.
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Monticello that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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