
Cheap Homes for Rent in Montevideo, MN from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Montevideo.


308 8th St

910 E 2nd St

710 18th St S

102 Lake Ave S
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Montevideo, MN Local Guide

How much does it cost to rent a home in Montevideo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montevideo 2 Bedroom Homes for Rent | $1,126 | $680 | $1,600 |
Montevideo 3 Bedroom Homes for Rent | $1,639 | $1,250 | $2,200 |
Montevideo 4 Bedroom Homes for Rent | $2,000 | $1,400 | $3,000 |
Montevideo 5 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Browse Top Homes for Rent in Montevideo
Explore Montevideo
Montevideo, MN Local Guide
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Cheapest Available Montevideo Apartments for Rent and Nearby
 The cheapest available apartment rental in Montevideo, MN is a 1 Bed unit found at Beardsley Apartments priced from $482. 806 W 5th St has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Montevideo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Beardsley Apartments | One Bedroom | 1BR,1BA | $482 |
806 W 5th St | Studio | Studio,1BA | $525 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
Best Value Apartments for Rent in Montevideo, MN and Nearby
As of April 24, 2025 the best value apartment in the Montevideo area is the $1.38 price per square foot Hemlock Model at Wobegon Crossings in the starting from $1,690. The second greatest value Montevideo apartment is the 901D Briarwood Model at Briarwood Estates starting at $1,300 with a $1.30 price per square foot in the Downtown Marshall neighborhood. Here is today’s list of the best values for Montevideo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Wobegon Crossings | Hemlock | 3BR,2BA | $1.38 |
Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
Red Skye Lofts | 1 Bedroom | 1BR,1BA | $0.91 |
Community Park Apartment Homes | Two Bed Two Bath with Balcony/Patio | 2BR,2BA | $1.35 |
Beardsley Apartments | One Bedroom | 1BR,1BA | $0.54 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
Bethel On Bryant | Renville - 2/1- Premium | 2BR,1BA | $1.33 |
The Rock Apartments | GF: 2 Bed 1 Bath- Premuim | 2BR,1BA | $1.42 |
Wildwood Apartments | 2BR/1.0BA | 2BR,1BA | $1.27 |
Block 100 | One Bedroom | 1BR,1BA | $1.36 |
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Frequently Asked Questions about Montevideo
What type of rentals are currently available in Montevideo?
There are currently 74 Apartments for Rent in Montevideo, MN with pricing that ranges from $502 to $1,990. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montevideo ranging from $680 to $3,000.
What is the current price range for Rental Homes in Montevideo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montevideo ranges from $680 to $3,000 with an average monthly rent of $1,485.
How much are larger Three and Four Bedroom Rentals in Montevideo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Montevideo range from $960 to $1,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,350.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.