
Cheap Homes for Rent in Montgomery, MN from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery.


960 N 3rd St

501 1st St W

810-824 Ronell St

728 Colonial Cir
Montgomery, MN Local Guide

How much does it cost to rent a home in Montgomery?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montgomery 2 Bedroom Homes for Rent | $2,048 | $1,400 | $3,400 |
Montgomery 3 Bedroom Homes for Rent | $2,235 | $1,400 | $2,795 |
Montgomery 4 Bedroom Homes for Rent | $2,800 | $750 | $4,995 |
Montgomery 5 Bedroom Homes for Rent | $3,747 | $2,700 | $4,795 |
Browse Top Homes for Rent in Montgomery
Explore Montgomery
Montgomery, MN Local Guide
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Cheapest Available Montgomery Apartments for Rent and Nearby
 The cheapest available apartment rental in Montgomery, MN is a 1 Bed unit found at Cardinal Ridge Apartments 62+ in the Scott Far Western Suburbs neighborhood priced from $750. Le Sueur Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Montgomery apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cardinal Ridge Apartments 62+ | 0BR/1.0BA | 1BR,1BA | $750 |
Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $975 |
Best Value Apartments for Rent in Montgomery, MN and Nearby
As of April 16, 2025 the best value apartment in the Montgomery area is the $1.20 price per square foot Waiting List 3BR Model at Greenfield Estates I & II in the starting from $1,450. The second greatest value Montgomery apartment is the 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC starting at $1,300 with a $1.31 price per square foot in the Downtown Faribault neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Greenfield Estates I & II | Waiting List 3BR | 3BR,1BA | $1.20 |
Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.40 |
Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.53 |
Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.10 |
Maple Trails Apartments | ** COMING SOON ** | 2BR,1BA | $1.61 |
Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.49 |
Cardinal Ridge Apartments 62+ | 0BR/1.0BA | 1BR,1BA | $1.17 |
Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $1.49 |
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Frequently Asked Questions about Montgomery
What type of rentals are currently available in Montgomery?
There are currently 40 Apartments for Rent in Montgomery, MN with pricing that ranges from $631 to $2,500. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery ranging from $750 to $4,995.
What is the current price range for Rental Homes in Montgomery?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montgomery ranges from $750 to $4,995 with an average monthly rent of $2,416.
How much are larger Three and Four Bedroom Rentals in Montgomery?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Montgomery range from $1,250 to $2,278, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,795. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $2,500.
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 & 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.