8330 Cedar St
RockfordMN55373
Cheap Homes for Rent in Monticello, MN from $1,475 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Monticello.
8551 Elm St
RockfordMN55373
757 Rockford Ave E
DelanoMN55328
116 Rockford Ave E
DelanoMN55328
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.
230 Leighton Dr
Big LakeMN55309
401 Central Ave
BuffaloMN55313
208 Lake Blvd S
BuffaloMN55313
5782 Overlook Ln
MonticelloMN55362
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.
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Monticello, MN 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 | $1,980 | $1,695 | $2,500 |
| Monticello 3 Bedroom Homes for Rent | $2,196 | $1,475 | $3,495 |
| Monticello 4 Bedroom Homes for Rent | $3,591 | $2,649 | $5,375 |
| Monticello 5 Bedroom Homes for Rent | $2,478 | $2,195 | $2,761 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Monticello, MN Local Guide
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Cheapest Neighborhoods for Apartments in Monticello, MN
Pricing Updated: 09/11/2026Current apartment rentals in the Monticello, MN area range in price from $556 to $13,958 with an overall median price of $1,640. 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 | $1,640 | $556 | 230 |
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 $1,150. 705 3rd St East Apartments, Monticello in the Clemens Munsinger Gardens neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,150. 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 |
| 705 3rd St East Apartments, Monticello | 705 3rd St East Apartments, Monticello - 4 | 2BR,1BA | $1,150 |
| Block 52 | Studio | Studio,1BA | $1,265 |
Best Value Apartments for Rent in Monticello, MN and Nearby
As of September 11, 2026 the best value apartment in the Monticello area is the $1.91 price per square foot Twin Homes Model at Country Club Villas in the in the Clemens Munsinger Gardens neighborhood starting from $2,170. The second greatest value Monticello apartment is the B4 Model at Monticello Village starting at $1,541 with a $1.61 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. |
|---|---|---|---|
| Country Club Villas | Twin Homes | 2BR,2BA | $1.91 |
| Monticello Village | B4 | 2BR,2BA | $1.61 |
| 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 |
| 705 3rd St East Apartments, Monticello | 705 3rd St East Apartments, Monticello - 4 | 2BR,1BA | $1.46 |
| Monticello Crossings | S3 | Studio ,1BA | $2.27 |
| Savanna Vista | Studio | Studio ,1BA | $2.15 |
| Block 52 | Studio | Studio ,1BA | $2.46 |
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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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Best Local Schools in Monticello, MN
Monticello Senior High School
Monticello Public School District
Public School - Grades 9-12 (1313)
9 out of 10
Monticello Middle School
Monticello Public School District
Public School - Grades 6-8 (860)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monticello, MN Rentals by Map
See the most popular apartments and homes in Monticello, MN
Frequently Asked Questions about Monticello
What type of rentals are currently available in Monticello?
There are currently 45 Apartments for Rent in Monticello, MN with pricing that ranges from $1,120 to $2,225. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $1,475 to $5,375.
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 $1,475 to $5,375 with an average monthly rent of $2,243.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.