What is the average rent of an apartment in Montevideo, MN?

The average rent of an apartment in Montevideo, MN is $770 per month. This is about 60% lower than the national average.

What are the cheapest months to find an apartment to rent in Montevideo, MN?

Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $645 per month.

There are 3 apartments to rent that are cheaper than the city’s average rent of $915.

In the last year, the average rent in Montevideo, MN was highest in Jan 2025 when it was $1,045 per month.

Montevideo, MN includes zip codes such as: 56265 .

Some nearby cities include: Watson , Maynard , Milan , Granite Falls , Clara City . These cities may have more rental options to explore.

$625/mo
1 Bed
1 Bath
101 Miawakon Ave #103,
Montevideo, MN 56265
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$725 - $1,295/mo
1-2 Beds
1 Bath
Ask about our Move In Credit! | 215 S 5th St,
Montevideo, MN 56265
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$900 - $1,149/mo
3 Beds
2 Baths
Northdale Estates | 1204 Benson Rd,
Montevideo, MN 56265
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Montevideo
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Apartments For Rent Near Montevideo, MN

Rent in Montevideo, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jan 2025.

View as a graph

	1 bed	2 beds	3 beds	4 beds	All
All home types	$625	$1,295	$915	—	$915
Houses	—	—	$1,530	—	$1,530

What is the average rent of an apartment in Montevideo, MN?
The average rent of an apartment in Montevideo, MN is $770 per month. This is about 60% lower than the national average.
What are the cheapest months to find an apartment to rent in Montevideo, MN?
Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $645 per month.
How many cheap apartments are available in Montevideo, MN?
There are 3 apartments to rent that are cheaper than the city’s average rent of $915.
When is the average rent most expensive in Montevideo, MN?
In the last year, the average rent in Montevideo, MN was highest in Jan 2025 when it was $1,045 per month.
What are some zip codes in Montevideo, MN?
Montevideo, MN includes zip codes such as: 56265.
What are some cities near Montevideo, MN?
Some nearby cities include: Watson, Maynard, Milan, Granite Falls, Clara City. These cities may have more rental options to explore.