Cheap Apartments for Rent in Monticello, MN from $700 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monticello.

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The Bluffs
$1,063 - $1,473
Total Monthly Price

Total Monthly Price

Base Rent
$1,059 - $1,469
Required Monthly Fees
$4

Total Monthly Price
$1,063 - $1,473
1 to 2 Bedroom Apartments Available Now

The Bluffs

700 7th St EMonticello, MN 55362
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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.

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The Bluffs Apartments
1 to 2 Bedroom Apartments

The Bluffs Apartments

714 7th St EMonticello, MN 55362
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625 3rd St E
1 Bedroom Apartments

625 3rd St E

625 3rd St EMonticello, MN 55362
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Monticello Manor
1 to 2 Bedroom Apartments

Monticello Manor

306 6th St WMonticello, MN 55362

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.

Monticello, MN Local Guide

Cheapest Neighborhoods for Apartments in Monticello, MN

Pricing Updated: 09/13/2025

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:

NeighborhoodMedian PriceMin PriceAvailable Units
Wright Far Western Suburbs$3,350$675351

Cheapest Available Monticello Apartments for Rent and Nearby

 

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 $975. Landmark Square Apartments in the Clemens Munsinger Gardens neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westcello Apartments2 Beds, 1 bath2BR,1BA$975
Landmark Square ApartmentsStudio - CONTACT FOR AVAILABILITYStudio,1BA$1,000
The Bluffs1 Bedroom - Jefferson - CONTACT FOR AVAILABILITY1BR,1BA$1,063

Best Value Apartments for Rent in Monticello, MN and Nearby

As of September 13, 2025 the best value apartment in the Monticello area is the $1.45 price per square foot Twin Home - *Income Qualified Model at Country Club Villas in the in the Clemens Munsinger Gardens neighborhood starting from $1,650. The second greatest value Monticello apartment is the 2 bedroom 2 bathroom Model at Savanna Vista starting at $1,750 with a $1.60 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Country Club VillasTwin Home - *Income Qualified2BR,2BA$1.45
Savanna Vista2 bedroom 2 bathroom2BR,2BA$1.60
Monticello CrossingsB42BR,2BA$1.76
The Bluffs2 Bedroom + Den - CONTACT FOR AVAILABILITY2BR,1BA$1.47
Monticello VillageB22BR,1.5BA$1.51
Landmark Square Apartments1 Bedroom Loft - CONTACT FOR AVAILABILITY1BR,1.5BA$1.33
Westcello Apartments2 Beds, 1 bath2BR,1BA$1.13
Marywood ApartmentsTwo Bed/One Bath2BR,1BA$1.51
Deephaven Apartments1 Bedroom 1 Bathroom1BR,1BA$1.58
Rivertown Residential SuitesSeattle - CONTACT FOR AVAILABILITY1BR,1BA$2.19

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Location, Location, Location!

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Getting Around Monticello, MN

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Monticello Apartments

What is the price of a cheap apartment in Monticello?

The cheapest apartment in Monticello is The Bluffs which is listed at $1,063, while the average apartment in Monticello costs $3,350.

What types of apartments are the cheapest in Monticello?

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 28 regular apartments in Monticello that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Monticello?

Cheap apartments in Monticello have an average cost of $167 which is $3,183 cheaper than the average rent for all rentals in Monticello.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.