
Cheap Apartments for Rent near Montpelier, ND from $300 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Montpelier.


328 Dewey St

262 2nd St SW

307 Shiply Ave E

200 7th Ave

9 1st Ave NE
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.

Total Monthly Price
221 15th St N, Unit D4

Total Monthly Price
239 2nd Ave NE, Unit 6

Rivers Edge Apartments

Total Monthly Price
650 11th St NW, Unit 3

Total Monthly Price
610 7th St, Unit 1

550 12th St NE
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.

Gwinner I & II Apartments

Oakes I & II Apartments

Cedar Ridge

208 5th Ave SW

107 4th St N

Integrity Apartments
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.

202 5th Ave SE

Legacy Senior Living Apartments

909 Apartments

402 Apartments

816 12th St

North Ridge
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.

502 13th St SE

815 3rd St SW
Montpelier, ND Local Guide

How much does it cost to rent an apartment in Montpelier?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montpelier Studio Apartments | $475 | $475 | $475 |
| Montpelier 1 Bedroom Apartments | $692 | $500 | $800 |
| Montpelier 2 Bedroom Apartments | $809 | $650 | $995 |
| Montpelier 3 Bedroom Apartments | $1,040 | $900 | $1,225 |
Browse Top Apartments in Montpelier
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Montpelier, ND Local Guide
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Cheapest Available Montpelier Apartments for Rent and Nearby
 The cheapest available apartment rental in Montpelier, ND is a 1 Bed unit found at Rivers Edge Apartments priced from $629. Gwinner I & II Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Montpelier apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rivers Edge Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $629 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $700 |
| Cedar Ridge | 2 Bed 1 Bath | 2BR,1BA | $725 |
| North Ridge | 1 Bedroom | 1BR,1BA | $759 |
| Integrity Apartments | 1 Bed 1 Bath | 1BR,1BA | $800 |
Best Value Apartments for Rent in Montpelier, ND and Nearby
As of July 22, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Ridge | 3 Bed 2 Bath | 3BR,2BA | $1.23 |
| 650 11th St NW, Unit 3 | 650 11th St NW | 2BR,1BA | $0.81 |
| North Ridge | 1 Bedroom | 1BR,1BA | $1.12 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $1.10 |
| 221 15th St N, Unit D4 | 221 15th St N | 1BR,1BA | $0.81 |
| Rivers Edge Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.14 |
| 610 7th St, Unit 1 | 610 7th St | 1BR,1BA | $1.18 |
| 239 2nd Ave NE, Unit 6 | 239 2nd Ave NE | 1BR,1BA | $1.25 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montpelier, ND Rentals by Map
See the most popular apartments and homes in Montpelier, ND
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 $629 at Rivers Edge 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 $725 at Cedar Ridge.
What is the most affordable Montpelier Three Bedroom Apartment?
The best deal on a cheap Montpelier Three Bedroom Apartment rental is at Cedar Ridge and starts from $1,025.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.