What's the average rent in Montevideo, MN?
Rental Market Trends in Montevideo, MN
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Montevideo, MN is $1,169 per month, which is 39% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,169
45.2%$364 increase month-over-month
25.0%$234 increase year-over-year
AVAILABLE RENTALS
4
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $725 |
| 2 Bedrooms | $895 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | — |
| All | $1,169 |
As of May 2026, the average rent for a 1 bedroom rental in Montevideo, MN is $725 per month, followed by $895 for a 2 bedroom rental, and $1,350 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | — |
| All | $1,350 |
As of May 2026, the average rent for a 2 bedroom house in Montevideo, MN is $1,350 per month, followed by $1,350 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +81% compared to the previous year, which is a +$524 increase.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $725 to $1,375.
