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 August 2026, the average rent in Monticello, MN is $1,638 per month, which is 17% lower than the national average rent of $1,962 per month.
AVERAGE RENT
$1,638
8.3%$126 increase month-over-month
-9.9%-$180 decrease year-over-year
AVAILABLE RENTALS
26
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Monticello, MN at $1,380 per month, while houses are the most expensive at $2,400 per month. Townhomes average $1,985 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,219 |
| 2 Bedrooms | $1,395 |
| 3 Bedrooms | $2,150 |
| 4 Bedrooms | $2,800 |
| All | $1,638 |
As of August 2026, the average rent for a 1 bedroom rental in Monticello, MN is $1,219 per month, followed by $1,395 for a 2 bedroom rental, $2,150 for a 3 bedroom rental, and $2,800 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,985 |
| 4 Bedrooms | — |
| All | $1,985 |
As of August 2026, the average rent for a 3 bedroom townhome in Monticello, MN is $1,985 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,875 |
| 4 Bedrooms | — |
| All | $1,150 |
As of August 2026, the average rent for a 2 bedroom apartment in Monticello, MN is $1,150 per month, followed by $1,875 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,350 |
| 4 Bedrooms | $2,800 |
| All | $2,400 |
As of August 2026, the average rent for a 3 bedroom house in Monticello, MN is $2,350 per month, followed by $2,800 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -10% compared to the previous year, which is a $181 decrease.
This year (2026)
Last year (2025)
Rent distribution
43% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $175 to $2,800.
