
Cheap Apartments for Rent in Montpelier, OH from $300 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Montpelier.


Fountain Creek Senior Villas

Whitman Crossing

320 Toledo St

Drake Terrace III

York Hills Apartments

Greenwood Village

Carriage Park Apartments

Winthrop Terrace - Bryan
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.

Winthrop Terrace - Defiance

3854 Timberhill Dr

Addison Apartments

Chelsea Village Apartments

Deerfield Village

Nelson Estates Apartments

Woodbury Estates Apartments

Stratford Place Apartments - Senior Living

West Commons
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.

Crosswait Estates Apartments

Dupont Lakes Apartments

Windsor Oaks

Chandler Estates Apartments

Total Monthly Price
Terrace Place Apartments

Apartments At Sauk Trail

The Lofts at Milnes Plaza

Atz Place

223 S Ivy Ln
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.

Partridge Place

Riverview Terrace Apartments

Glen Arbors

Paigelynn Place

PineView Apartments

Riverview Estates

315 S Washington St

Swan Creek Crossing (Senior 55+)

Arlington Place
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.

Virginia Manor Apartments

501 Autumn Hills Dr

303 Autumn Hills Dr

Northcrest Apartments

Price Apartments

172 Sand Creek Hwy

Griswold Estates Apartments

304 S Guilford St

174 Sand Creek Hwy
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.

14780 Lickley Rd
Montpelier, OH Local Guide

How much does it cost to rent an apartment in Montpelier?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montpelier Studio Apartments | $1,130 | $795 | $1,516 |
| Montpelier 1 Bedroom Apartments | $1,304 | $619 | $2,260 |
| Montpelier 2 Bedroom Apartments | $1,517 | $592 | $2,839 |
| Montpelier 3 Bedroom Apartments | $1,671 | $776 | $2,393 |
Browse Top Apartments in Montpelier
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Montpelier, OH Local Guide
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Cheapest Available Montpelier Apartments for Rent and Nearby
 The cheapest available apartment rental in Montpelier, OH is a 2 Beds unit found at Fountain Creek Senior Villas priced from $592. Whitman Crossing in the Lenawee County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $619. Here is today’s list of the most affordable Montpelier apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fountain Creek Senior Villas | 2 Beds, 1 bath | 2BR,1BA | $592 |
| Whitman Crossing | 1 Bedroom Unit | 1BR,1BA | $619 |
| Partridge Place | 2 Bedroom Unit | 2BR,1BA | $709 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
| York Hills Apartments | York Hills Apartments - One Bedroom ** FIRST MO... | 1BR,1BA | $750 |
| Paigelynn Place | 3 Bedroom | 3BR,1BA | $790 |
| Carriage Park Apartments | Studio | One Bath | Studio,1BA | $795 |
| Addison Apartments | 2/1 | 2BR,1BA | $875 |
| Deerfield Village | One Bedroom | 1BR,1BA | $945 |
| Stratford Place Apartments - Senior Living | 1 Bedroom | 1BR,1BA | $999 |
Best Value Apartments for Rent in Montpelier, OH and Nearby
As of August 07, 2026 the best value apartment in the Montpelier area is the $0.81 price per square foot 2 Bedroom Unit Model at Whitman Crossing in the in the Lenawee County neighborhood starting from $955. The second greatest value Montpelier apartment is the 3 Bedroom Model at Paigelynn Place starting at $790 with a $0.72 price per square foot in the Fulton County 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. |
|---|---|---|---|
| Whitman Crossing | 2 Bedroom Unit | 2BR,1BA | $0.81 |
| Paigelynn Place | 3 Bedroom | 3BR,1.5BA | $0.72 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Partridge Place | 3 Bedroom Unit | 3BR,1.5BA | $0.87 |
| Woodbury Estates Apartments | Two Bedroom | 2BR,1BA | $1.00 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.04 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $1.13 |
| Fountain Creek Senior Villas | 2 Beds, 1 bath | 2BR,1BA | $0.64 |
| Addison Apartments | 2/1 | 2BR,1BA | $1.09 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.99 |
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, OH Rentals by Map
See the most popular apartments and homes in Montpelier, OH
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 $619 at Whitman Crossing.
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 $592 at Fountain Creek Senior Villas.
What is the most affordable Montpelier Three Bedroom Apartment?
The best deal on a cheap Montpelier Three Bedroom Apartment rental is at Drake Terrace III and starts from $776.
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.

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.

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.