Cheap Apartments for Rent in Montpelier, IA from $400 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montpelier.

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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included

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.

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LaFayette Square
2 to 3 Bedroom Apartments

LaFayette Square

625 W 4th StDavenport, IA 52801
  • Utilities Included
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1616-1634 W 42nd St
1 to 2 Bedroom Apartments

1616-1634 W 42nd St

1616-1634 W 42nd StDavenport, IA 52806
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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Montpelier, IA Local Guide

Cheapest Available Montpelier Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montpelier, IA is a Studio unit found at Candlelight Court in the Vander Veer Park neighborhood priced from $600. RIVERWALK LOFTS in the Vander Veer Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Montpelier apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Candlelight CourtStudioStudio,1BA$600
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$620
Harrison LoftsStudio - 40%Studio,1BA$627
The Row at 35thRow at 35th - 1bapt1BR,1BA$675
Breckenridge Apartments2 Bedroom2BR,1BA$695
Cotton Mill Apartments1x11BR,1BA$700
The HendrixThe Hendrix - StudioStudio,1BA$725
Sherwood Forest Apartments1BR/1BA1BR,1BA$750
Crescent LoftsIncome Restricted1BR,1BA$760
Woodland Apartments0BR/1.0BAStudio,1BA$770

Best Value Apartments for Rent in Montpelier, IA and Nearby

As of August 03, 2025 the best value apartment in the Montpelier area is the $1.05 price per square foot 3 BR/ 2 BA Model at Bucktown Lofts in the in the Vander Veer Park neighborhood starting from $1,750. The second greatest value Montpelier apartment is the 2bd/2ba Model at Davenport Bank Apartments starting at $1,400 with a $1.00 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Montpelier apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bucktown Lofts3 BR/ 2 BA3BR,2BA$1.05
Davenport Bank Apartments2bd/2ba2BR,2BA$1.00
Colorado Senior Lofts 55+Two Bedroom2BR,1BA$0.86
Candlelight CourtTwo Bedroom2BR,1BA$0.94
The Penthouse DavenportOne Bedroom1BR,1BA$1.25
Sherwood Forest Apartments1BR/1BA1BR,1BA$0.99
The Row at 35thRow at 35th - 2bapt2BR,1BA$1.06
Cotton Mill Apartments1x11BR,1BA$1.00
Crescent LoftsIncome Restricted1BR,1BA$1.10
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.95

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Frequently Asked Questions about Cheap Montpelier Apartments

What is the Cheapest Studio apartment in Montpelier?

Currently the most affordable Cheap Studio Apartment in Montpelier is at Candlelight Court listed at $600.

How much is rent for a Cheap One Bedroom Montpelier Apartment?

The lowest price for a Cheap One Bedroom Montpelier Apartment is $620 at RIVERWALK LOFTS.

What is the lowest price for a Cheap Two Bedroom Montpelier Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montpelier is starting from $695 at Breckenridge Apartments.

What is the most affordable Montpelier Three Bedroom Apartment?

The best deal on a cheap Montpelier Three Bedroom Apartment rental is at Davenport Bank Apartments and starts from $1,700.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.