Cheap Apartments for Rent in Montrose, MN from $600 (53 Rentals)

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

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.

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The Bluffs
$1,120 - $1,523
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,105 - $1,508
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Bluffs

700 7th St EMonticello, MN 55362
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  • Customer Reviewed
  • 3D Tour

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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The Otto
Rent Specials
$1,364 - $2,393
Total Monthly Price

Total Monthly Price

Base Rent
$1,356 - $2,385
Required Monthly Fees
$8
Total Monthly Price
$1,364 - $2,393
1 to 2 Bedroom Apartments Available Jul 10

The Otto

601 Industrial Blvd WWaconia, MN 55387
Luxury
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  • Customer Reviewed
  • 3D Tour

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
$1,431 - $2,781
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $2,770
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Monticello Crossings

2205 Meadow Oak AveMonticello, MN 55362
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  • Customer Reviewed
  • 3D Tour
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The Dylan Apartments
$1,432 - $2,442
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,417 - $2,427
Required Monthly Fees
$15
Total Monthly Price
$1,432 - $2,442
Studio to 3 Bedroom Apartments Available Now

The Dylan Apartments

11910 Town Center drSaint Michael, MN 55376
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Juniper
Rent Specials
$1,598 - $4,010
Total Monthly Price

Total Monthly Price

Base Rent
$1,575 - $3,987
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Juniper

4701 Kings Point RoadMinnetrista, MN 55331
Furnished
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Wilford - NOW OPEN!
$1,613 - $3,218
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,540 - $3,145
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Wilford - NOW OPEN!

140 S Elm StWaconia, MN 55387
  • Verified
property at 54 Birch Ave S

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Condo for Rent

Available Now

54 Birch Ave S

Maple LakeMN55358
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Linden Wood Apartments
1 to 2 Bedroom Apartments

Linden Wood Apartments

215 Linden Ave WWinsted, MN 55395
Senior Living
  • Utilities Included
property at 8330 Cedar St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1 Bath Townhome for Rent

Available Now

8330 Cedar St

RockfordMN55373
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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
  • Utilities Included

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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9080 County Road 50
Studio to 2 Bedroom Apartments

9080 County Road 50

9080 County Road 50Rockford, MN 55373
  • Utilities Included
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Deer Run Apartments
2 to 3 Bedroom Apartments

Deer Run Apartments

650 Shoreline DrHoward Lake, MN 55349
  • Utilities Included
property at 60 Birch Ave S

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Now

60 Birch Ave S

Maple LakeMN55358
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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
  • Utilities Included
property at 604 White St SW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

604 White St SW

WatertownMN55388
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3rd Ave Apartments
1 Bedroom Apartments

3rd Ave Apartments

1009 3rd Ave NEBuffalo, MN 55313
  • Utilities Included
property at 602 E 1st St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

2 Bedroom, 1 Bath Townhome for Rent

Available Now

602 E 1st St

WaconiaMN55387
property at 8551 Elm St

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675
Total Monthly Price
$1,675

3 Bedroom, 1.5 Bath Home for Rent

Available Sep 10

8551 Elm St

RockfordMN55373
property at 322 Creekside Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

322 Creekside Dr

BuffaloMN55313

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.

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Montrose, MN Local Guide

Cheapest Available Montrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montrose, MN is a 2 Beds unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $795. Prairie Village in the Waterford Heartland Row neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable Montrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Howard Lake Apartments2 Bed2BR,1BA$795
Prairie VillagePrairie Village 1 Bedroom1BR,1BA$990
Evergreen Square Apartments1 bedroom1BR,1BA$1,089
Riverwalk Apartments1 bedroom 1 bath1BR,1BA$1,100
Cottages of Annandale2B1B2BR,1BA$1,143
Lakecrest Village1 Bedroom 1 Bathroom1BR,1BA$1,199
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Dockside Apartments & Boat Slips - Lake MinnetonkaThe Marina1BR,1BA$1,205
Westwind Apartments2 bed 1 bath2BR,1BA$1,250
The Bluffs2 Bedroom - Jefferson2BR,1BA$1,267

Best Value Apartments for Rent in Montrose, MN and Nearby

As of July 08, 2026 the best value apartment in the Montrose area is the $1.52 price per square foot 2 Bedroom 2 Bathroom Model at Pintail Ponds Apartment Homes in the in the Clemens Munsinger Gardens neighborhood starting from $1,600. The second greatest value Montrose apartment is the 3 BR/1 BA Model at Bedford Apartments starting at $1,575 with a $1.51 price per square foot in the Meadow Pond neighborhood. Here is today’s list of the best values for Montrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pintail Ponds Apartment Homes2 Bedroom 2 Bathroom2BR,2BA$1.52
Bedford Apartments3 BR/1 BA3BR,1BA$1.51
Westwind Apartments2 bed 1 bath2BR,1BA$1.30
Cottages of Annandale2B1B2BR,1BA$1.19
Evergreen Square Apartments2 bedroom 1 bath2BR,1BA$1.41
The Bluffs2 Bedroom2BR,1BA$1.45
Riverwalk Apartments2 bedroom remodel2BR,1BA$1.44
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.36
Howard Lake Apartments2 Bed2BR,1BA$0.95
Prairie VillagePrairie Village 1 Bedroom1BR,1BA$1.51

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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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montrose, MN Rentals by Map

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See the most popular apartments and homes in Montrose, MN

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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 Savanna Vista listed at $1,385.

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

The lowest price for a Cheap One Bedroom Montrose Apartment is $990 at Prairie Village.

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 $795 at Howard 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.