
Cheap Homes for Rent in Monticello, MS from $300 (18 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

919 25th 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.

421 Fielding Ave

1852 Covington Ln NE

25 Kings Ct

4 Eatonville Rd

347 Catalpa Trail SE

1018 Deryll 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.

1223 Marydale Dr

130 Magnolia Dr

119 Magnolia Dr

2128 MS-27

34 Princess Ct

824 Combs St
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.
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 | $917 | $750 | $1,100 |
| Monticello 3 Bedroom Homes for Rent | $1,347 | $595 | $2,627 |
| Monticello 4 Bedroom Homes for Rent | $975 | $975 | $975 |
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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 Meadow Creek Apartments in the South West neighborhood priced from $725. The Hub on 4th has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Creek Apartments | 1/1 | 1BR,1BA | $725 |
| The Hub on 4th | 1 bd 1 ba | 1BR,1BA | $800 |
| Birchwood Estates | 1/1- no hookup | 1BR,1BA | $850 |
| The Grande at Timberwood | 2 Bedroom 1 Bath | 2BR,1BA | $890 |
| Magnolia Trace | 1 Bed/1 Bath | 1BR,1BA | $899 |
Best Value Apartments for Rent in Monticello, MS and Nearby
As of May 28, 2026 the best value apartment in the Monticello area is the $1.08 price per square foot 3BD/2BA Model at The Lakes At Turtle Creek Apartment Homes in the starting from $1,495. The second greatest value Monticello apartment is the 2 Bed 2 Bath | Townhome Model at The Drake at Oak Grove Apartments starting at $1,200 with a $1.00 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. |
|---|---|---|---|
| The Lakes At Turtle Creek Apartment Homes | 3BD/2BA | 3BR,2BA | $1.08 |
| The Drake at Oak Grove Apartments | 2 Bed 2 Bath | Townhome | 2BR,2BA | $1.00 |
| Newly Major Renovated Beverly Manor | Newly Renovated 2 Bedroom 1.5 Bath Townhouse $3... | 2BR,1.5BA | $1.00 |
| MidSouth 301 | 2x2 Renovated | 2BR,2BA | $1.17 |
| The Henry | Ballota | 2BR,2BA | $1.23 |
| 239 Hartfield Rd | 3 Bed / 1 Bath | 3BR,1BA | $1.11 |
| Shenandoah Townhomes | 2 Bedroom | 2BR,1.5BA | $0.98 |
| The Grande at Timberwood | 2 Bedroom 1 Bath | 2BR,1BA | $1.05 |
| Birchwood Estates | 1/1- WD | 1BR,1BA | $1.20 |
| Meadow Creek Apartments | 1/1 | 1BR,1BA | $1.06 |
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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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 $675 to $2,187. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $250 to $2,627.
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 $2,627 with an average monthly rent of $764.
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 $805 to $1,919, while Three Bedroom Homes, Condos, and Townhomes for rent range from $595 to $2,627. Four Bedroom Single-Family rentals are also available starting from $975 and Four Bedroom Apartments start at $705.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.