
Cheap Homes for Rent in Monticello, IL from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Monticello.


705 Hollycrest Dr

1314 W Clark St

703 Kenwood Rd

473 Macon St

301 E Green St

2501 Leeper Dr

604 S Duncan Rd

2600 W Kirby Ave

602 S Mattis Ave
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.
Monticello, IL Local Guide

How much does it cost to rent a home in Monticello?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monticello 2 Bedroom Homes for Rent | $1,370 | $950 | $2,015 |
Monticello 3 Bedroom Homes for Rent | $1,971 | $1,200 | $3,800 |
Monticello 4 Bedroom Homes for Rent | $2,851 | $1,950 | $3,600 |
Browse Top Homes for Rent in Monticello
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Monticello, IL Local Guide
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Cheapest Available Monticello Apartments for Rent and Nearby
The cheapest available apartment rental in Monticello, IL is a 1 Bed unit found at Twin Oaks priced from $610. Southwest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Monticello apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $610 |
Southwest Apartments | 1902 Karen Ct | 1BR,1BA | $795 |
Kobuck Apartments | 1206 Wesley Ave 1bd/1ba | 1BR,1BA | $795 |
Best Value Apartments for Rent in Monticello, IL and Nearby
As of April 25, 2025 the best value apartment in the Monticello area is the $1.15 price per square foot Islander Model at Baytowne Apartments in the starting from $1,890. The second greatest value Monticello apartment is the 3 Bedroom Townhome (Remodeled) Model at Tuscany Ridge Townhomes starting at $1,500 with a $1.18 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Baytowne Apartments | Islander | 2BR,2.5BA | $1.15 |
Tuscany Ridge Townhomes | 3 Bedroom Townhome (Remodeled) | 3BR,2.5BA | $1.18 |
The Cove At Boulder Ridge | 2 bedroom 2 bath | 2BR,2BA | $1.23 |
Southwest Apartments | 2404 Leeper Dr | 2BR,1.5BA | $1.32 |
Park Vista | Three Bedroom (Remodeled) | 3BR,1BA | $1.26 |
Colony West | 2BR/1BA Condo | 2BR,1BA | $1.16 |
The Brickstone | 2x1 | 2BR,1BA | $1.11 |
Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
Garden Court Apartments | 2 BR / 1 BA | 2BR,1.5BA | $1.09 |
Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $1.11 |
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Frequently Asked Questions about Monticello
What type of rentals are currently available in Monticello?
There are currently 42 Apartments for Rent in Monticello, IL with pricing that ranges from $610 to $2,500. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $650 to $3,800.
What is the current price range for Rental Homes in Monticello?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monticello ranges from $650 to $3,800 with an average monthly rent of $1,710.
How much are larger Three and Four Bedroom Rentals in Monticello?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monticello range from $905 to $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,449.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.