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 August 2026, the average rent in Montevideo, MN is $1,080 per month, which is 45% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,080
51.6%$368 increase month-over-month
8.5%$85 increase year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $986 |
| 4 Bedrooms | — |
| All | $1,080 |
As of August 2026, the average rent for a 2 bedroom rental in Montevideo, MN is $1,080 per month, followed by $986 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 August 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 increased by +9% compared to the previous year, which is a +$85 increase.
This year (2026)
Last year (2025)
Rent distribution
33% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $865 to $1,530.
