Cheap Apartments for Rent near Montpelier, ND from $500 (33 Rentals)

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

property at 1516 Gardenette Dr
$400

Total Monthly Price

Base Rent$400

Total Monthly Price$400
1 Bedroom, 1 Bath Home for Rent
Available Now

1516 Gardenette Dr

JamestownND58401
property at 328 Dewey St
$490

Total Monthly Price

Base Rent$490

Total Monthly Price$490
1 Bedroom, 1 Bath Home for Rent
Available Now

328 Dewey St

EnderlinND58027
property at 262 2nd St SW
$490

Total Monthly Price

Base Rent$490

Total Monthly Price$490
1 Bedroom, 1 Bath Home for Rent
Available Now

262 2nd St SW

FormanND58032
property at 307 Shiply Ave E
$490

Total Monthly Price

Base Rent$490

Total Monthly Price$490
1 Bedroom, 1 Bath Home for Rent
Available Now

307 Shiply Ave E

BinfordND58416
property at 9 1st Ave NE
$495

Total Monthly Price

Base Rent$495

Total Monthly Price$495
1 Bedroom, 1 Bath Home for Rent
Available Now

9 1st Ave NE

KulmND58456

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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231 2nd Ave NE
$625 - $750

Total Monthly Price

Base Rent$625 - $750

Total Monthly Price$625 - $750
1 Bedroom Apartment Available Sep 14

231 2nd Ave NE

231 2nd Ave NEValley City, ND 58072
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property at 550 12th St NE
$700

Total Monthly Price

Base Rent$700

Total Monthly Price$700
2 Bedroom, 1 Bath Home for Rent
Available Now

550 12th St NE

Valley CityND58072

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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909 Apartments
1 to 2 Bedroom Apartments

909 Apartments

909 12th Ave NEJamestown, ND 58401
  • Utilities Included
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402 Apartments
1 to 2 Bedroom Apartments

402 Apartments

402 2nd Ave NWJamestown, ND 58401
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Rivers Edge Apartments
1 to 2 Bedroom Apartments

Rivers Edge Apartments

1210-1214 3rd Ave SWJamestown, ND 58401
  • Utilities Included
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North Ridge
Studio to 2 Bedroom Apartments

North Ridge

904 Thomas Ave NEJamestown, ND 58401
  • Utilities Included
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502 13th St SE
1 to 2 Bedroom Apartments

502 13th St SE

502 13th St SEJamestown, ND 58401
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907 Thomas Ave
2 Bedroom Apartments

907 Thomas Ave

907 Thomas AveJamestown, ND 58401
  • Utilities Included
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1015 12th St
1 to 2 Bedroom Apartments

1015 12th St

1015 12th St NEJamestown, ND 58401
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1105 12th St
2 Bedroom Apartments

1105 12th St

1105 12th St NEJamestown, ND 58401

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.

Montpelier, ND Local Guide

Cheapest Available Montpelier Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montpelier, ND is a 1 Bed unit found at Gwinner I & II Apartments priced from $700. Cedar Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Montpelier apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gwinner I & II Apartments1 br/ 1 bath1BR,1BA$700
Cedar Ridge1 Bed, 1 bath1BR,1BA$725
North RidgeGorgeous 1 Bed, 1 Bath1BR,1BA$779
Integrity Apartments1 Bed 1 Bath1BR,1BA$800
503 15th St SETop Floor 2-Bed, Available Oct2BR,1BA$979

Best Value Apartments for Rent in Montpelier, ND and Nearby

As of September 05, 2026 the best value apartment in the Montpelier area is the $1.23 price per square foot 3 Bed 2 Bath Model at Cedar Ridge in the starting from $1,225. The second greatest value Montpelier apartment is the 650 11th St NW Model at 650 11th St NW, Unit 3 starting at $650 with a $0.81 price per square foot . 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.
Cedar Ridge3 Bed 2 Bath3BR,2BA$1.23
650 11th St NW, Unit 3650 11th St NW2BR,1BA$0.81
503 15th St SEFreshly Renovated, South Facing 2-Bed2BR,1BA$1.38
North RidgeRenovated 2 Bed, 1 Bath2BR,1BA$1.21
Gwinner I & II Apartments1 br/ 1 bath1BR,1BA$1.10
221 15th St N, Unit D4221 15th St N1BR,1BA$0.81

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.

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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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Montpelier Apartments

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

The lowest price for a Cheap One Bedroom Montpelier Apartment is $700 at Gwinner I & II Apartments.

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 $825 at Gwinner I & II Apartments.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.