
Cheap Apartments for Rent in Montrose, MN from $600 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Montrose.


Prairie Village

Hidden Cove Apartments

Shoreline Place

Solace on Lake Minnetonka

Pintail Ponds Apartment Homes

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Lone Oak Apartments

Westwind Apartments

Evergreen Square Apartments
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.

Riverwalk Apartments

Bayview Apartments

Cottages of Annandale - 55+ Community

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The Bluffs

Winsted Fields Apartments

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Maple Tree Villa Apartments

Bedford Apartments

The Willows of Annandale

Lakecrest Village
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.

Langdon Lake Apartments

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Dockside Apartments on Lake Minnetonka

Village Place Apartments of Buffalo

Deephaven Apartments

Village at Town Center - St. Michael

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The Preserve at Pintail Ponds

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The Otto

Savanna Vista

Harbor District Apartments
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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Monticello Crossings

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The Dylan Apartments

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The Uptown Apartments

Granite Works Apartments

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Wilford - NOW OPEN!

Country Club Villas

Minnetonka Edgewater

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Juniper

Linden Wood 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.

54 Birch Ave S

Bryant Wood Apartments

9080 County Road 50

Deer Run Apartments

Lake Point South Apartments

Vista Ridge

604 White St SW

60 Birch Ave S

3rd Ave Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

8627 Woodlawn Dr

140 Park St E

9133 Oakwood Rd

322 Creekside Dr
Montrose, MN Local Guide

How much does it cost to rent an apartment in Montrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montrose Studio Apartments | $1,360 | $1,050 | $1,623 |
| Montrose 1 Bedroom Apartments | $1,510 | $675 | $2,563 |
| Montrose 2 Bedroom Apartments | $1,822 | $1,060 | $3,318 |
| Montrose 3 Bedroom Apartments | $2,038 | $1,230 | $2,638 |
Browse Top Apartments in Montrose
See all Apartments in MontroseExplore Montrose
Montrose, MN Local Guide
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Cheapest Available Montrose Apartments for Rent and Nearby
 The cheapest available apartment rental in Montrose, MN is a 1 Bed unit found at Evergreen Square Apartments in the Willow Glen Carriage neighborhood priced from $1,089. Bayview Apartments in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Montrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Evergreen Square Apartments | 1 bedroom | 1BR,1BA | $1,089 |
| Bayview Apartments | Studio | Studio,1BA | $1,100 |
| Riverwalk Apartments | 1 bedroom 1 bath | 1BR,1BA | $1,100 |
| Winsted Fields Apartments | C-2 ADA | 1BR,1BA | $1,125 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Village Place Apartments of Buffalo | One Bedroom | 1BR,1BA | $1,200 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1,205 |
| Deephaven Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,330 |
| The Willows of Annandale | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,340 |
Best Value Apartments for Rent in Montrose, MN and Nearby
As of May 23, 2026 the best value apartment in the Montrose area is the $1.47 price per square foot 3 Bedroom Townhomes Model at Kingston Crossings in the in the Meadow Pond neighborhood starting from $2,595. The second greatest value Montrose apartment is the Twin Home - *Income Qualified Model at Country Club Villas starting at $1,650 with a $1.45 price per square foot in the Clemens Munsinger Gardens neighborhood. Here is today’s list of the best values for Montrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kingston Crossings | 3 Bedroom Townhomes | 3BR,2.5BA | $1.47 |
| Country Club Villas | Twin Home - *Income Qualified | 2BR,2BA | $1.45 |
| Bedford Apartments | 3 BR/1 BA | 3BR,1BA | $1.59 |
| The Preserve at Pintail Ponds | Daisy | 2BR,2BA | $1.64 |
| Evergreen Square Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.41 |
| The Bluffs | 2 Bedroom | 2BR,1BA | $1.45 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.44 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Deephaven Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.58 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,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 Montrose, MN Rentals by Map
See the most popular apartments and homes in Montrose, MN
Frequently Asked Questions about Cheap Montrose Apartments
What is the Cheapest Studio apartment in Montrose?
Currently the most affordable Cheap Studio Apartment in Montrose is at Bayview Apartments listed at $1,100.
How much is rent for a Cheap One Bedroom Montrose Apartment?
The lowest price for a Cheap One Bedroom Montrose Apartment is $1,089 at Evergreen Square Apartments.
What is the lowest price for a Cheap Two Bedroom Montrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montrose is starting from $1,200 at Langdon Lake Apartments.
What is the most affordable Montrose Three Bedroom Apartment?
The best deal on a cheap Montrose Three Bedroom Apartment rental is at Evergreen Square Apartments and starts from $1,469.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.