What's the average rent in Monticello, MN?
Rental Market Trends in Monticello, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of July 2026, the average rent in Monticello, MN is $1,395 per month, which is 28% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,395
-10.2%-$158 decrease month-over-month
-14.8%-$242 decrease year-over-year
AVAILABLE RENTALS
23
APARTMENTS
HOUSES
TOWNHOUSES
As of July 2026, apartments are the most affordable rental option in Monticello, MN at $1,257 per month, while townhomes are the most expensive at $2,200 per month. Houses average $2,150 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,212 |
| 2 Bedrooms | $1,630 |
| 3 Bedrooms | $2,249 |
| 4 Bedrooms | — |
| All | $1,395 |
As of July 2026, the average rent for a 1 bedroom rental in Monticello, MN is $1,212 per month, followed by $1,630 for a 2 bedroom rental, and $2,249 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,200 |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | — |
| All | $2,200 |
As of July 2026, the average rent for a 2 bedroom townhome in Monticello, MN is $2,200 per month, followed by $2,200 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,250 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,250 |
As of July 2026, the average rent for a 1 bedroom apartment in Monticello, MN is $1,100 per month, followed by $1,250 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | — |
| All | $2,150 |
As of July 2026, the average rent for a 2 bedroom house in Monticello, MN is $1,900 per month, followed by $2,400 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +7% compared to the previous year, which is a +$100 increase.
This year (2026)
Last year (2025)
Rent distribution
48% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $175 to $2,495.
