
Cheap Homes for Rent in Montpelier, IA from $600 (15 Rentals)
Cheap Homes in Montpelier.


606 W 3rd St

608 W 3rd St

1720 18th Ave

1701 25th St

605 W 3rd St

211 W 7th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

803 5th Ave

1612 W 8th St

508 Lorenz St

2201 W 2nd St

421 Brady St

3301 W 18th St

221 14th Ave E
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

2708 7th Ave
Montpelier, IA Local Guide

How much does it cost to rent a home in Montpelier?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montpelier 2 Bedroom Homes for Rent | $1,008 | $825 | $1,450 |
Montpelier 3 Bedroom Homes for Rent | $1,471 | $850 | $2,800 |
Montpelier 4 Bedroom Homes for Rent | $1,305 | $1,250 | $1,375 |
Browse Top Homes for Rent in Montpelier
Explore Montpelier
Montpelier, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Montpelier Apartments for Rent and Nearby
 The cheapest available apartment rental in Montpelier, IA is a 1 Bed unit found at RIVERWALK LOFTS in the Vander Veer Park neighborhood priced from $620. Candlelight Court in the Vander Veer Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Montpelier apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $620 |
Candlelight Court | Studio | Studio,1BA | $625 |
Woodland Apartments | 0BR/1.0BA | Studio,1BA | $695 |
Breckenridge Apartments | 2 Bedroom | 2BR,1BA | $695 |
Cotton Mill Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
Best Value Apartments for Rent in Montpelier, IA and Nearby
As of May 08, 2025 the best value apartment in the Montpelier area is the $1.17 price per square foot 3 BR/ 2 BA Model at Bucktown Lofts in the in the Vander Veer Park neighborhood starting from $1,950. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bucktown Lofts | 3 BR/ 2 BA | 3BR,2BA | $1.17 |
Davenport Bank Apartments | 2bd/2ba | 2BR,2BA | $1.00 |
Village Woods | Three Bedroom | 3BR,2BA | $1.20 |
Walcott Manor Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.98 |
The Vue at 7th Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.04 |
Cotton Mill Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.00 |
Crescent Lofts | Income Restricted | 1BR,1BA | $1.10 |
The Hendrix Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.18 |
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $0.95 |
Candlelight Court | Studio | Studio ,1BA | $0.96 |
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.
Frequently Asked Questions about Montpelier
What type of rentals are currently available in Montpelier?
There are currently 42 Apartments for Rent in Montpelier, IA with pricing that ranges from $492 to $2,875. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montpelier ranging from $680 to $2,800.
What is the current price range for Rental Homes in Montpelier?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montpelier ranges from $680 to $2,800 with an average monthly rent of $1,144.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.