
Cheap Apartments for Rent in Montpelier, VT from $850 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Montpelier.


18 Langdon St, Unit 207

225 Elm St

102 Northfield St

18 Hubbard St

Total Monthly Price
80 College St

19-320 Woodland Dr

Gile Hill Rental Community

Keen's Crossing

Quarry Hill Club & Condominiums
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.

65 Northgate Plz

103-105 Puckerbrush East Rd

89 Lower Sunnybrook Rd, Unit 1

Great Cedars

Toad Lane

Winooski Block

11 Park Street Apartments

Schoolhouse Apartments at 17 Park Street

5 Corners

Riverside In the Village
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.

Catamount Lane

Bartlett Brook

61 North Dorset

72 James Way

Millhouse West

Pines Senior Living

THE WOOLEN MILL ASSOCIATES

Parc Terrace

Brook Hill

Sunset House
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.

Silversmith

Mansfield Apartments

Village at Autumn Pond

1185 Shelburne

144 Larkin Way

200 Garden Street Apartments

113 Garden St

Hanover Place Residences

303 Market Street Apartments

110 Sunset Dr
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.

112 Garden Street Apartments

80 Nicholas Ln

10 Olivia Dr

Timberwood Commons

Riverrun

14.178 Eastern Ave, St Johnsbury, VT 05819

119 Main St

377 Charlotte Rd

54 Mill St

46 School Street
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, VT Local Guide

How much does it cost to rent an apartment in Montpelier?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montpelier Studio Apartments | $1,808 | $950 | $2,350 |
| Montpelier 1 Bedroom Apartments | $2,248 | $1,250 | $3,690 |
| Montpelier 2 Bedroom Apartments | $2,347 | $1,123 | $10,000+ |
| Montpelier 3 Bedroom Apartments | $2,573 | $1,495 | $3,159 |
| Montpelier 4 Bedroom Apartments | $1,198 | $1,000 | $1,595 |
Browse Top Apartments in Montpelier
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Montpelier, VT Local Guide
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Cheapest Available Montpelier Apartments for Rent and Nearby
 The cheapest available apartment rental in Montpelier, VT is a 1 Bed unit found at 14.178 Eastern Ave, St Johnsbury, VT 05819 priced from $900. 19-320 Woodland Dr has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Montpelier apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 14.178 Eastern Ave, St Johnsbury, VT 05819 | APT Studio | 1BR,1BA | $900 |
| 19-320 Woodland Dr | studio | Studio,1BA | $950 |
| Cedar Hill Townhouses | 2-Bedroom | 2BR,1BA | $1,295 |
| Keen's Crossing | Cedar | 2BR,2BA | $1,400 |
| Quarry Hill Club & Condominiums | Building 430 Studios | Studio,1BA | $1,495 |
| 103-105 Puckerbrush East Rd | No Availability | 1BR, | $1,500 |
| Schoolhouse Apartments at 17 Park Street | Studio | Studio,1BA | $1,600 |
| Winooski Block | Winooski Block | 1 Bed with den (33 East Alle | 1BR,1BA | $1,600 |
| 11 Park Street Apartments | Studio | Studio,1BA | $1,600 |
| Riverside In the Village | 1 Bedroom with coin opp laundry | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Montpelier, VT and Nearby
As of August 22, 2026 the best value apartment in the Montpelier area is the $2.11 price per square foot 91 College St Model at 91 College St, Unit Apt 1 in the starting from $2,950. The second greatest value Montpelier apartment is the Maple Model at Keen's Crossing starting at $2,376 with a $1.88 price per square foot in the Centennial 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. |
|---|---|---|---|
| 91 College St, Unit Apt 1 | 91 College St | 3BR,2BA | $2.11 |
| Keen's Crossing | Maple | 2BR,2BA | $1.88 |
| Fenimore Townhouses | 2BR/1.5BA | 2BR,1.5BA | $1.87 |
| Village at Autumn Pond | 2BR/2.0BA | 2BR,2BA | $2.24 |
| Winooski Block | Winooski Block | 1 Bed (3-15 East Allen) | 1BR,1BA | $1.61 |
| 110 Sunset Dr | No Availibility | 2BR,1.5BA | $1.93 |
| 5 Corners | 2 Bed 2 Bath | 2BR,2BA | $2.13 |
| 14.178 Eastern Ave, St Johnsbury, VT 05819 | APT Studio | 1BR,1BA | $0.97 |
| Mansfield Apartments | One Bedroom One Bath | 1BR,1BA | $2.24 |
| Cedar Hill Townhouses | 2-Bedroom | 2BR,1BA | $1.64 |
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, VT Rentals by Map
See the most popular apartments and homes in Montpelier, VT
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 19-320 Woodland Dr listed at $950.
How much is rent for a Cheap One Bedroom Montpelier Apartment?
The lowest price for a Cheap One Bedroom Montpelier Apartment is $900 at 14.178 Eastern Ave, St Johnsbury, VT 05819.
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 $1,295 at Cedar Hill Townhouses.
What is the most affordable Montpelier Three Bedroom Apartment?
The best deal on a cheap Montpelier Three Bedroom Apartment rental is at Cedar Hill Townhouses and starts from $1,495.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.