What's the average rent in Monticello, MN?

Rental Market Trends in Monticello, MN

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Monticello, MN is $1,595 per month, which is 17% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,595

7.0%$105 increase month-over-month

-2.6%-$42 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,289

HOUSES

$2,850

TOWNHOUSES

$1,900

As of May 2026, apartments are the most affordable rental option in Monticello, MN at $1,289 per month, while houses are the most expensive at $2,850 per month. Townhomes average $1,900 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	$1,665
3 Bedrooms	$1,900
4 Bedrooms	$2,900
All	$1,595

As of May 2026, the average rent for a 1 bedroom rental in Monticello, MN is $1,212 per month, followed by $1,665 for a 2 bedroom rental, $1,900 for a 3 bedroom rental, and $2,900 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,850
3 Bedrooms	$1,900
4 Bedrooms	—
All	$1,900

As of May 2026, the average rent for a 2 bedroom townhome in Monticello, MN is $1,850 per month, followed by $1,900 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,400
3 Bedrooms	—
4 Bedrooms	—
All	$1,400

As of May 2026, the average rent for a 1 bedroom apartment in Monticello, MN is $950 per month, followed by $1,400 for a 2 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$1,900
3 Bedrooms	$1,900
4 Bedrooms	$2,850
All	$2,500

As of May 2026, the average rent for a 1 bedroom house in Monticello, MN is $1,000 per month, followed by $1,900 for a 2 bedroom house, $1,900 for a 3 bedroom house, and $2,850 for a 4 bedroom house.