Cheap Apartments for Rent in Montpelier, OH from $500 (22 Rentals)

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

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.

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Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Paigelynn Place
2 to 4 Bedroom Apartments

Paigelynn Place

102 Paigelynn StSwanton, OH 43558
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Whitman Crossing
1 to 3 Bedroom Apartments

Whitman Crossing

10750 W Coomer StMorenci, MI 49256
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Montpelier, OH Local Guide

Cheapest Available Montpelier Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montpelier, OH is a 1 Bed unit found at Atz Place priced from $538. Partridge Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Montpelier apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Atz PlaceOne Bedroom1BR,1BA$538
Partridge Place1 Bedroom Unit1BR,1BA$625
Paigelynn Place2 Bedroom2BR,1BA$685
Drake Terrace III2 Bedroom2BR,1BA$721
Whitman Crossing2 Bedroom Unit2BR,1BA$736

Best Value Apartments for Rent in Montpelier, OH and Nearby

As of December 20, 2025 the best value apartment in the Montpelier area is the $0.96 price per square foot Two Bedroom One Bathroom Model at Griswold Estates Apartments in the starting from $1,004. The second greatest value Montpelier apartment is the One Bedroom Model at Crosswait Estates Apartments starting at $1,059 with a $1.10 price per square foot in the Village of Ray neighborhood. 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.
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.96
Crosswait Estates ApartmentsOne Bedroom1BR,1BA$1.10
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.11
Whitman Crossing1 Bedroom Unit1BR,1BA$1.02
Paigelynn Place2 Bedroom2BR,1.5BA$0.78
GLEN ARBORS2 Bed 1 Bath2BR,1BA$0.87
Addison Apartments2/12BR,1BA$1.09
Drake Terrace III2 Bedroom2BR,1BA$0.96
Atz PlaceOne Bedroom1BR,1BA$0.79
Partridge Place1 Bedroom Unit1BR,1BA$0.95

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Getting Around Montpelier, OH

Walk Score®

18 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Montpelier Apartments

What is the Cheapest Studio apartment in Montpelier?

Currently the most affordable Cheap Studio Apartment in Montpelier is at Carriage Park Apartments (Carriage Park Investors LLC) listed at $795.

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

The lowest price for a Cheap One Bedroom Montpelier Apartment is $538 at Atz Place.

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 $685 at Paigelynn Place.

What is the most affordable Montpelier Three Bedroom Apartment?

The best deal on a cheap Montpelier Three Bedroom Apartment rental is at Partridge Place and starts from $761.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.