Cheap Apartments for Rent in Monticello, MN
23 rentals
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Use arrow keys to navigatePET FRIENDLY$1,000 - $1,200/mo
Studio-1 Bed
1-2 BathsLandmark Square Apartments | 204 Locust St #0B-1Ba-800Sqft,
Monticello, MN 55362
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Use arrow keys to navigatePET FRIENDLY$1,276 - $1,794/moStudio-2 Beds1-2 BathsRivertown Residential Suites | 212 Locust St #abb049238,
Monticello, MN 55362
$1,330 - $1,690/mo1-2 Beds1-2 BathsDeephaven Apartments | 1255 Edmonson Ave NE #3086c5de2,
Monticello, MN 55362
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PET FRIENDLY
PET FRIENDLY
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PET FRIENDLY$1,435 - $2,450/moStudio-3 Beds1-2 BathsMonticello Crossings | 2205 Meadow Oak Ave #344,
Monticello, MN 55362
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NEW - 10 HRS AGOPET FRIENDLY
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Apartments For Rent Near Monticello, MN
We found 15 more apartments matching your filters just outside Monticello
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Use arrow keys to navigatePET FRIENDLY$1,315 - $1,725/mo1-3 Beds1-2 BathsNorthern Star Apartments | 19591 Station St #107,
Big Lake, MN 55309
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INCOME RESTRICTED
PET FRIENDLY
PET FRIENDLY
Average Rent Trends in Monticello, MN
Rent in Monticello, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,500 |
| Jul 2025 | $1,703 |
| Aug 2025 | $1,819 |
| Sep 2025 | $1,514 |
| Oct 2025 | $1,750 |
| Nov 2025 | $1,446 |
| Dec 2025 | $1,300 |
| Jan 2026 | $1,300 |
| Feb 2026 | $1,300 |
| Mar 2026 | $1,320 |
| Apr 2026 | $1,505 |
| May 2026 | $1,553 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,212 | $1,665 | $1,900 | $2,900 | $1,595 |
| Townhomes | — | $1,850 | $1,900 | — | $1,900 |
| Apartments and Condos | $950 | $1,400 | — | — | $1,400 |
| Houses | $1,000 | $1,900 | $1,900 | $2,850 | $2,500 |
Frequently Asked Questions about Rentals in Monticello, MN
- What is the average rent in Monticello, MN?The average rent in Monticello, MN is $1,595. Rent prices range from $199 to as much as $3,295, depending on the type of rental.
- How does the rent in Monticello, MN compare to the national average?Average rent in Monticello, MN is about 17% lower than the national average rent of $1,910. That means it is less expensive to rent in Monticello compared to the U.S. average.
- What is the average rent in Monticello, MN, by number of bedrooms?The average rent in Monticello, MN is $1,160 for a studio, $1,212 for a 1 bedroom, $1,665 for a 2 bedroom, $1,900 for a 3 bedroom, and $2,900 for a 4 bedroom.
- How have rent prices in Monticello, MN changed compared to last year?In the past year, the average rent price in Monticello, MN has decreased by $42. That means the average rent is 3% lower than last year.
- How many available rental listings are in Monticello, MN?There are 25 available rental listings in Monticello, MN.
- What are some cities near Monticello, MN?Some nearby cities include: Big Lake, Albertville, Saint Michael, Otsego, Buffalo. These cities may have more rental options to explore.