
Cheap Homes for Rent in Montpelier, IA from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Montpelier.


1604 30th St

3029 River Rd

608 W 3rd St

1736 Davie St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1701 25th St

211 W 7th St

328 W Hayes St

472 5th St E

421 N Brady St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

404 W 16th St
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 | $1,057 | $825 | $1,395 |
Montpelier 3 Bedroom Homes for Rent | $1,478 | $848 | $2,500 |
Montpelier 4 Bedroom Homes for Rent | $1,387 | $1,100 | $1,850 |
Browse Top Homes for Rent in Montpelier
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Montpelier, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Candlelight Court | Studio | Studio,1BA | $600 |
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $620 |
Breckenridge Apartments | 2 Bedroom | 2BR,1BA | $695 |
Cotton Mill Apartments | 1x1 | 1BR,1BA | $700 |
The Hendrix | The Hendrix - Studio | Studio,1BA | $725 |
Best Value Apartments for Rent in Montpelier, IA and Nearby
As of July 02, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bucktown Lofts | 3 BR/ 2 BA | 3BR,2BA | $1.05 |
Davenport Bank Apartments | 2bd/2ba | 2BR,2BA | $1.00 |
Colorado Senior Lofts 55+ | Two Bedroom | 2BR,1BA | $1.18 |
Candlelight Court | Two Bedroom | 2BR,1BA | $0.94 |
The Row at 35th | 2 Bedroom Townhome | 2BR,2BA | $1.22 |
The Penthouse Davenport | One Bedroom | 1BR,1BA | $1.25 |
Sherwood Forest Apartments | 1BR/1BA | 1BR,1BA | $0.99 |
Cotton Mill Apartments | 1x1 | 1BR,1BA | $1.00 |
Crescent Lofts | Income Restricted | 1BR,1BA | $1.10 |
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $0.95 |
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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 $600 to $2,400. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montpelier ranging from $650 to $2,500.
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 $650 to $2,500 with an average monthly rent of $1,173.
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.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.