
Cheap Apartments for Rent in Montpelier, OH from $300 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Montpelier.


The Lofts at Milnes Plaza

Whitman Crossing

Drake Terrace III

York Hills Apartments

Greenwood Village

GLEN ARBORS

Carriage Park Apartments

Winthrop Terrace - Defiance

Winthrop Terrace - Bryan
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.

Crosswait Estates Apartments

Chelsea Village Apartments

Woodbury Estates Apartments

West Commons

Deerfield Village

Nelson Estates Apartments

Stratford Place Apartments - Senior Living

Union Club Apartments

Windsor Oaks

Dupont Lakes 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.

Chandler Estates Apartments

Apartments At Sauk Trail

Total Monthly Price
Terrace Place Apartments

Homestead Village Fort Wayne - Active Living 55+

520 Ln 150H Hamilton Lake

Atz Place

223 S Ivy Ln

221 S Ivy Ln

Partridge Place

210 S Ivy Ln
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.

340 N Wayne St

Riverview Terrace Apartments

Paigelynn Place

PineView Apartments

Riverview Estates

Swan Creek Crossing (Senior 55+)

Arlington Place

Virginia Manor Apartments

Addison Apartments

Northcrest Apartments
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.

1000 Old Brick Rd

306 S Guilford St

Price Apartments

172 Sand Creek Hwy

Griswold Estates Apartments

304 S Guilford St

174 Sand Creek Hwy

2397 Park Dr

441 Freeman St

14780 Lickley Rd
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.
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 | $981 | $795 | $1,138 |
| Montpelier 1 Bedroom Apartments | $1,230 | $335 | $2,241 |
| Montpelier 2 Bedroom Apartments | $1,470 | $385 | $3,090 |
| Montpelier 3 Bedroom Apartments | $1,670 | $776 | $2,279 |
Browse Top Apartments in Montpelier
See all Apartments in MontpelierExplore Montpelier
Montpelier, OH Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Montpelier Apartments for Rent and Nearby
 The cheapest available apartment rental in Montpelier, OH is a 1 Bed unit found at Whitman Crossing priced from $619. Partridge Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $709. Here is today’s list of the most affordable Montpelier apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| Carriage Park Apartments | Carriage Park Apartments - Studio | Studio,1BA | $795 |
| Winthrop Terrace - Bryan | 2 Bed | 2BR,1BA | $899 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $919 |
| Woodbury Estates Apartments | One Bedroom | 1BR,1BA | $934 |
| West Commons | The Cove | Studio,1BA | $940 |
| Deerfield Village | One Bedroom | 1BR,1BA | $945 |
Best Value Apartments for Rent in Montpelier, OH and Nearby
As of June 22, 2026 the best value apartment in the Montpelier area is the $1.21 price per square foot Kensington Model at Union Club Apartments in the in the Pine Valley neighborhood starting from $2,131. The second greatest value Montpelier apartment is the The Oak Model at Windsor Oaks starting at $1,615 with a $1.10 price per square foot in the North Fort Wayne 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. |
|---|---|---|---|
| Union Club Apartments | Kensington | 3BR,2BA | $1.21 |
| Windsor Oaks | The Oak | 3BR,2BA | $1.10 |
| Whitman Crossing | 2 Bedroom Unit | 2BR,1BA | $0.81 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Partridge Place | 3 Bedroom Unit | 3BR,1.5BA | $0.74 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $0.96 |
| Winthrop Terrace - Bryan | 2 Bed | 2BR,1BA | $1.14 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.99 |
| Woodbury Estates Apartments | One Bedroom | 1BR,1BA | $1.25 |
| York Hills Apartments | York Hills Apartments - Two Bedroom **FIRST MON... | 2BR,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, 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 $709 at Partridge 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 $751.
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

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.

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.