Cheap Homes for Rent in Montrose, MN from $400 (7 Rentals)

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

property at 106 Juniper St S

106 Juniper St S

Lester PrairieMN55354
property at 5298 Edsall Rd

5298 Edsall Rd

MoundMN55364
property at 438 Lake Trail

438 Lake Trail

WinstedMN55395
property at 406 E River St

406 E River St

MonticelloMN55362
property at 416 S Olive St

416 S Olive St

WaconiaMN55387

Montrose, MN Local Guide

Cheapest Available Montrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montrose, MN is a 1 Bed unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $675. Prairie Village in the Waterford Heartland Row neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,015. Here is today’s list of the most affordable Montrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Howard Lake Apartments1 Bed1BR,1BA$675
Prairie VillageTimber Lea Terrace 2 Bedroom2BR,1BA$1,015
Shoreline Place2 bed / 1 ba2BR,1BA$1,059

Best Value Apartments for Rent in Montrose, MN and Nearby

As of November 14, 2025 the best value apartment in the Montrose area is the $1.14 price per square foot 3 Bed/ 2 Bath Model at Hidden Cove Apartments in the in the Willow Glen Carriage neighborhood starting from $1,550. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hidden Cove Apartments3 Bed/ 2 Bath3BR,2BA$1.14
Country Club VillasTwin Home - *Income Qualified2BR,2BA$1.45
The Bluffs2 Bedroom + Den2BR,1BA$1.48
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.25
Bayview Apartments1BR1BR,1BA$1.39
Village Place Apartments 55+2 Bedroom2BR,1BA$1.59
Prairie VillageTimber Lea Terrace 2 Bedroom2BR,1BA$1.19
Deephaven Apartments1 Bedroom 1 Bathroom1BR,1BA$1.58
Shoreline Place2 bed / 1 ba (updated)2BR,1BA$1.60
Howard Lake Apartments1 Bed1BR,1BA$1.40

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Frequently Asked Questions about Montrose

What type of rentals are currently available in Montrose?

There are currently 55 Apartments for Rent in Montrose, MN with pricing that ranges from $675 to $3,495. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montrose ranging from $400 to $8,700.

What is the current price range for Rental Homes in Montrose?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Montrose ranges from $400 to $8,700 with an average monthly rent of $3,176.

How much are larger Three and Four Bedroom Rentals in Montrose?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Montrose range from $1,350 to $2,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $8,000. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,895.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.