
Cheap Apartments for Rent in Montpelier, ND from $300 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Montpelier.


307 Shiply Ave E

9 1st Ave NE

262 2nd St SW

328 Dewey St

200 7th Ave

221 15th St N, Unit D4, Unit D4
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
505 Main St, Unit 505, Unit 505

650 11th St NW, Unit 3, Unit 3

Legacy Senior Living Apartments

227 Central Ave S

601 Main St

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 | $648 | $460 | $800 |
| Montpelier 2 Bedroom Apartments | $832 | $600 | $1,025 |
| Montpelier 3 Bedroom Apartments | $1,009 | $900 | $1,150 |
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 $750. 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 | $750 |
| Integrity Apartments | 1 Bed 1 Bath | 1BR,1BA | $800 |
| 907 Thomas Ave | 2 bed 1 bath | 2BR,1BA | $850 |
| 1015 12th St | 2 bedroom | 2BR,1BA | $895 |
Best Value Apartments for Rent in Montpelier, ND and Nearby
As of April 16, 2026 the best value apartment in the Montpelier area is the $1.03 price per square foot 3 Bed 1 Bath Model at Cedar Ridge in the starting from $975. The second greatest value Montpelier apartment is the 650 11th St NW Model at 650 11th St NW, Unit 3 starting at $600 with a $0.75 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 1 Bath | 3BR,1BA | $1.03 |
| 650 11th St NW, Unit 3 | 650 11th St NW | 2BR,1BA | $0.75 |
| 907 Thomas Ave | 2 bed 1 bath | 2BR,1BA | $1.15 |
| 1015 12th St | 2 bedroom | 2BR,1BA | $1.24 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $1.10 |
| 221 15th St N, Unit D4 | 221 15th St N | 1BR,1BA | $0.74 |
| 505 Main St, Unit 505 | 505 Main St | 1BR,1BA | $1.00 |
| 231 2nd Ave NE, Unit 3 | 231 2nd Ave NE | 1BR,1BA | $1.25 |
| 239 2nd Ave NE, Unit 6 | 239 2nd Ave NE | 1BR,1BA | $1.25 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 $750 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 $975.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.