Cheap Apartments for Rent in Monticello, MN from $700 (10 Rentals)

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

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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The Bluffs Apartments
1 to 2 Bedroom Apartments

The Bluffs Apartments

714 7th St EMonticello, MN 55362
  • Utilities Included
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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 Bedroom Apartments

Monticello Manor

306 6th St WMonticello, MN 55362

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Monticello, MN Local Guide

Cheapest Neighborhoods for Apartments in Monticello, MN

Pricing Updated: 06/29/2025

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$3,510$675254

Cheapest Available Monticello Apartments for Rent

 

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 $775. 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$775
Landmark Square ApartmentsStudio - CONTACT FOR AVAILABILITYStudio,1BA$1,000
The Bluffs1 Bedroom- CONTACT FOR AVAILABILITY1BR,1BA$1,168

Best Value Apartments for Rent in Monticello, MN

As of June 29, 2025 the best value apartment in the Monticello area is the $1.92 price per square foot Twin Homes Model at Country Club Villas in the in the Clemens Munsinger Gardens neighborhood starting from $2,180. 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 Homes2BR,2BA$1.92
Savanna Vista2 bedroom 2 bathroom2BR,2BA$1.60
Silvercrest Apartments2B/1B/Large2BR,1BA$1.29
The Bluffs2 Bedroom + Den - CONTACT FOR AVAILABILITY2BR,1BA$1.47
Monticello VillageB32BR,2BA$1.60
Westcello Apartments2 Beds, 1 bath2BR,1BA$0.97
Deephaven Apartments1 bed 1 bath1BR,1BA$1.58
Monticello CrossingsA31BR,1BA$2.03
Rivertown Residential SuitesSeattle - CONTACT FOR AVAILABILITY1BR,1BA$2.19
Landmark Square Apartments1 Bedroom Carriage House - CONTACT FOR AVAILABI...1BR,1BA$1.92

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monticello, MN Rentals by Map

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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 Landmark Square Apartments which is listed at $1,150, while the average apartment in Monticello costs $3,510.

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.