
Cheap Homes for Rent in Monticello, MS from $300 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Monticello.


1158 Burt Loop Rd

1012 Pin Oak Ln

418 Harmony Rd

211 S Haley St

158 Pacific Cir

243 Jackson St
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.

410 Oneida Ave

4 Eatonville Rd

25 Kings Ct

2128 MS-27

347 Catalpa Trail SE

656 Chelsea Dr

335 Monticello St
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.

1014 Pin Oak Ln

1223 Marydale Dr

119 Magnolia Dr

101 Plantation Blvd

34 Princess Ct

346 Mason Blvd

451 Mason Blvd
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

3679 Southland Dr

204 Livingston Rd NE
Monticello, MS 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 | $881 | $850 | $950 |
| Monticello 3 Bedroom Homes for Rent | $1,405 | $800 | $2,400 |
| Monticello 4 Bedroom Homes for Rent | $987 | $975 | $1,000 |
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Monticello, MS Local Guide
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Cheapest Available Monticello Apartments for Rent and Nearby
 The cheapest available apartment rental in Monticello, MS is a 1 Bed unit found at Marion Manor Apartments priced from $770. Magnolia Square has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here is today’s list of the most affordable Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marion Manor Apartments | 1 BEDROOM 1 BATH | 1BR,1BA | $770 |
| Magnolia Square | 2BR/1BA | 2BR,1BA | $775 |
| The Hub on 4th | 1 bd 1 ba | 1BR,1BA | $800 |
| Birchwood Estates | 1/1- no hookup | 1BR,1BA | $850 |
| The Grande at Hub City | 2 Bedroom 1 Bath | 2BR,1BA | $860 |
Best Value Apartments for Rent in Monticello, MS and Nearby
As of July 12, 2026 the best value apartment in the Monticello area is the $1.10 price per square foot 3x2 Renovated Model at MidSouth 301 in the in the South West neighborhood starting from $1,399. The second greatest value Monticello apartment is the 2 Bed 2 Bath | Townhome Model at The Drake at Oak Grove Apartments starting at $1,250 with a $1.04 price per square foot . 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. |
|---|---|---|---|
| MidSouth 301 | 3x2 Renovated | 3BR,2BA | $1.10 |
| The Drake at Oak Grove Apartments | 2 Bed 2 Bath | Townhome | 2BR,2BA | $1.04 |
| Newly Major Renovated Beverly Manor | Newly Renovated 2 Bedroom 1.5 Bath Townhouse $5... | 2BR,1.5BA | $0.90 |
| Meadow Creek Apartments | 3/1.5 | 3BR,1.5BA | $0.87 |
| The Grande at Sehoy | 2 Bedroom 2 Bath | 2BR,2BA | $0.93 |
| 239 Hartfield Rd | 3 Bed / 1 Bath | 3BR,1BA | $1.11 |
| Shenandoah Townhomes | 2 Bedroom | 2BR,1.5BA | $0.98 |
| Magnolia Square | 3BR/1BA | 3BR,1BA | $0.95 |
| The Grande at Timberwood | 2 Bedroom 1 Bath | 2BR,1BA | $1.05 |
| The Grande at Hub City | 2 Bedroom 1 Bath | 2BR,1BA | $1.08 |
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, MS
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Monticello, MS
Frequently Asked Questions about Monticello
What type of rentals are currently available in Monticello?
There are currently 45 Apartments for Rent in Monticello, MS with pricing that ranges from $659 to $1,919. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $250 to $2,400.
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 $250 to $2,400 with an average monthly rent of $865.
How much are larger Three and Four Bedroom Rentals in Monticello?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monticello range from $800 to $1,919, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,400. Four Bedroom Single-Family rentals are also available starting from $975 and Four Bedroom Apartments start at $659.
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

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.

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.