
Cheap Apartments for Rent in Montpelier, ND from $300 (12 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
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.

Total Monthly Price
221 15th St N, Unit D4

Total Monthly Price
37 1st Ave SE, Unit 3

Legacy Senior Living Apartments

405 2nd St NE

909 Apartments

402 Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Montpelier, ND Local Guide

How much does it cost to rent an apartment in Montpelier?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montpelier 1 Bedroom Apartments | $729 | $500 | $1,200 |
| Montpelier 2 Bedroom Apartments | $811 | $650 | $995 |
| Montpelier 3 Bedroom Apartments | $1,032 | $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 Gwinner I & II Apartments priced from $700. Cedar Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here is today’s list of the most affordable Montpelier apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 | $769 |
| Integrity Apartments | 1 Bed 1 Bath | 1BR,1BA | $800 |
| 907 Thomas Ave | 2 bed 1 bath | 2BR,1BA | $850 |
Best Value Apartments for Rent in Montpelier, ND and Nearby
As of June 06, 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 |
| 907 Thomas Ave | 2 bed 1 bath | 2BR,1BA | $1.15 |
| North Ridge | 1 Bedroom | 1BR,1BA | $1.13 |
| 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 |
| 21 5th Ave SE, Unit 4 | 21 5th Ave SE | 2BR,1BA | $1.36 |
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!
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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 $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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.