Cheap Homes for Rent in Monticello, MN from $900 (10 Rentals)

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

property at 8330 Cedar St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Townhome for Rent

Available Now

8330 Cedar St

RockfordMN55373
property at 54 Birch Ave S

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Condo for Rent

Available Now

54 Birch Ave S

Maple LakeMN55358
property at 60 Birch Ave S

$1,240

Total Monthly Price

Total Monthly Price

Base Rent
$1,240

Total Monthly Price
$1,240

2 Bedroom, 1 Bath Condo for Rent

Available Now

60 Birch Ave S

Maple LakeMN55358
property at 301 3rd St E

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

2 Bedroom, 1 Bath Home for Rent

Available Now

301 3rd St E

MonticelloMN55362
property at 322 Creekside Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

322 Creekside Dr

BuffaloMN55313

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.

property at 821 Creekside Cir

$1,785

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,785

Total Monthly Price
$1,785

2 Bedroom, 2 Bath Townhome for Rent

Available Aug 1

821 Creekside Cir

BuffaloMN55313
property at 860 Independence Dr

$1,799 - $1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,799

Total Monthly Price
$1,799

2 Bedroom Rentals

Available Now

860 Independence Dr

Big LakeMN55309
property at 4165 Orleans Dr NE

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

4165 Orleans Dr NE

Saint MichaelMN55376
property at 503 Amber Ln

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

3 Bedroom, 2 Bath Townhome for Rent

Available Now

503 Amber Ln

BuffaloMN55313
property at 22167 156th St NW

$1,899

Total Monthly Price

Total Monthly Price

Base Rent
$1,899

Total Monthly Price
$1,899

3 Bedroom, 1 Bath Home for Rent

Available Now

22167 156th St NW

Elk RiverMN55330

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

Cheapest Neighborhoods for Apartments in Monticello, MN

Pricing Updated: 06/12/2026

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$3,615$556267

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 ListingModel NameBed/BathPriced From
Westcello Apartments2 Bed/1 Bath2BR,1BA$1,150
Block 52StudioStudio,1BA$1,265
Rivertown Residential SuitesBaltimore - CONTACT FOR AVAILABILITYStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Monticello CrossingsC23BR,2BA$1.65
Country Club VillasTwin Home - *Income Qualified2BR,2BA$1.65
Monticello VillageB72BR,2BA$1.64
Silvercrest Apartments2B/1B/Medium2BR,1BA$1.44
The Bluffs Apartments2 Bedroom2BR,1BA$1.45
Savanna Vista1 bedroom 1 bathroom1BR,1BA$1.73
Deep Haven1 Bedroom 1 Bathroom1BR,1BA$1.58
Westcello Apartments2 Bed/1 Bath2BR,1BA$1.40
Block 52StudioStudio ,1BA$2.46
Rivertown Residential SuitesBaltimore - CONTACT FOR AVAILABILITYStudio ,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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Quick 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.

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

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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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

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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.