Cheap Homes for Rent in Montevideo, MN from $600 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Montevideo.

property at 910 E 2nd St

910 E 2nd St

LitchfieldMN55355
property at 1311 Camelot Dr

1311 Camelot Dr

BrookingsSD57006

Montevideo, MN Local Guide

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 ListingModel NameBed/BathPriced From
Beardsley ApartmentsOne Bedroom1BR,1BA$482
806 W 5th StStudioStudio,1BA$525
RC Square Apartments2 Bedroom2BR,1BA$625
Wildwood Apartments1BR/1.0BA1BR,1BA$715
The Rock ApartmentsGF: 2 Bed 1 Bath2BR,1BA$750

Best Value Apartments for Rent in Montevideo, MN and Nearby

As of April 04, 2025 the best value apartment in the Montevideo area is the $1.17 price per square foot Three Bedroom A - By The Lake Model at Somerset Properties in the starting from $1,315. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Somerset PropertiesThree Bedroom A - By The Lake3BR,2BA$1.17
Briarwood Estates901D Briarwood3BR,2BA$1.30
Red Skye Lofts1 Bedroom1BR,1BA$0.91
Cardinal Estates2 Bedroom 1 Bathroom2BR,1BA$1.06
Beardsley ApartmentsOne Bedroom1BR,1BA$0.54
RC Square Apartments2 Bedroom2BR,1BA$0.70
Bethel On BryantRenville - 2/1- Premium2BR,1BA$1.33
The Rock ApartmentsGF: 2 Bed 1 Bath- Premuim2BR,1BA$1.42
Wildwood Apartments2BR/1.0BA2BR,1BA$1.27
Block 100One Bedroom1BR,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 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montevideo ranging from $600 to $4,850.

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 $600 to $4,850 with an average monthly rent of $2,065.

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 $895 to $1,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,600 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.