
Cheap Homes for Rent in Monticello, MN from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Monticello.


54 Birch Ave S

60 Birch Ave S

301 3rd St E

322 Creekside Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

821 Creekside Cir

860 Independence Dr

4165 Orleans Dr NE

503 Amber Ln

22167 156th St NW
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
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 | $1,872 | $900 | $2,900 |
| Monticello 3 Bedroom Homes for Rent | $3,083 | $1,875 | $10,000+ |
| Monticello 4 Bedroom Homes for Rent | $3,278 | $2,400 | $5,375 |
| Monticello 5 Bedroom Homes for Rent | $3,233 | $2,600 | $3,600 |
Browse Top Homes for Rent in Monticello
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Monticello, MN Local Guide
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Cheapest Neighborhoods for Apartments in Monticello, MN
Pricing Updated: 06/12/2026Current 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 | 267 |
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. 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 Residential Suites | Baltimore - CONTACT FOR AVAILABILITY | Studio,1BA | $1,295 |
Best Value Apartments for Rent in Monticello, MN and Nearby
As of June 12, 2026 the best value apartment in the Monticello area is the $1.65 price per square foot C2 Model at Monticello Crossings in the in the Clemens Munsinger Gardens neighborhood starting from $2,326. The second greatest value Monticello apartment is the Twin Home - *Income Qualified Model at Country Club Villas starting at $1,870 with a $1.65 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 | $1.65 |
| Country Club Villas | Twin Home - *Income Qualified | 2BR,2BA | $1.65 |
| Monticello Village | B7 | 2BR,2BA | $1.64 |
| Silvercrest Apartments | 2B/1B/Medium | 2BR,1BA | $1.44 |
| The Bluffs Apartments | 2 Bedroom | 2BR,1BA | $1.45 |
| Savanna Vista | 1 bedroom 1 bathroom | 1BR,1BA | $1.73 |
| Deep Haven | 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 Residential Suites | Baltimore - CONTACT FOR AVAILABILITY | Studio ,1BA | $2.70 |
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, MN
Monticello Senior High
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 46 Apartments for Rent in Monticello, MN with pricing that ranges from $1,120 to $2,391. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $900 to $10,500.
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 $900 to $10,500 with an average monthly rent of $2,866.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.