What's the average rent in Montevideo, MN?
Rental Market Trends in Montevideo, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Montevideo, MN is $769 per month, which is 61% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$769
-23.9%-$242 decrease month-over-month
-9.5%-$81 decrease year-over-year
AVAILABLE RENTALS
2
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $718 |
| 2 Bedrooms | $895 |
| 3 Bedrooms | $983 |
| 4 Bedrooms | — |
| All | $769 |
As of June 2026, the average rent for a 1 bedroom rental in Montevideo, MN is $718 per month, followed by $895 for a 2 bedroom rental, and $983 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,530 |
| 4 Bedrooms | — |
| All | $1,530 |
As of June 2026, the average rent for a 3 bedroom house in Montevideo, MN is $1,530 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -8% compared to the previous year, which is a $65 decrease.
This year (2026)
Last year (2025)
Rent distribution
33% of rentals have rent of Below $800/month
Rental price range
The price range for rentals is $715 to $1,530.
