35 Lake St S
Big LakeMN55309
Cheap Homes for Rent in Monticello, MN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Monticello.
8551 Elm St
RockfordMN55373
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.
860 Independence Dr
Big LakeMN55309
1005 6th Ave NE
BuffaloMN55313
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.
9127 MN-25
MonticelloMN55362
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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 | $2,024 | $1,799 | $2,250 |
| Monticello 3 Bedroom Homes for Rent | $2,331 | $1,675 | $3,095 |
| Monticello 4 Bedroom Homes for Rent | $3,053 | $1,950 | $5,375 |
| Monticello 5 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
| Monticello 6 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
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: 07/28/2026Current 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 | $3,230 | $950 | 65 |
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 $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 - 5 | 2BR,1BA | $1,150 |
| Block 52 | Studio | Studio,1BA | $1,265 |
Best Value Apartments for Rent in Monticello, MN
As of July 28, 2026 the best value apartment in the Monticello area is the $1.61 price per square foot C2 Model at Monticello Crossings in the in the Clemens Munsinger Gardens neighborhood starting from $2,271. The second greatest value Monticello apartment is the 2 Bedroom Model at The Bluffs starting at $1,375 with a $1.45 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 | $1.61 |
| The Bluffs | 2 Bedroom | 2BR,1BA | $1.45 |
| 159 Riverview Dr Apartments, Monticello | 159 Riverview Dr Apartments, Monticello - 1 | 1BR,1BA | $1.59 |
| 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 - 7 | 2BR,1BA | $1.58 |
| Block 52 | Studio | Studio ,1BA | $2.46 |
| Rivertown Apartments | 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.
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Real 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
Monticello Public School District
Public School - Grades 9-12 (1305)
9 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 46 Apartments for Rent in Monticello, MN with pricing that ranges from $1,120 to $2,500. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $950 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 $950 to $5,375 with an average monthly rent of $2,242.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.