305 W Bower St
OreanaIL62554
Cheap Homes for Rent in Monticello, IL from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Monticello.
1106 W Church St
ChampaignIL61821
705 Hollycrest Dr
ChampaignIL61821
1314 W Clark St
ChampaignIL61821
217 S View St
OreanaIL62554
1904 Nancy Ct
ChampaignIL61822
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Monticello, IL Local Guide
Maple's during fall by Amanda Landers is licensed under CC BY 2.0
How much does it cost to rent a home in Monticello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello 2 Bedroom Homes for Rent | $1,358 | $950 | $2,000 |
| Monticello 3 Bedroom Homes for Rent | $2,009 | $1,200 | $3,800 |
| Monticello 4 Bedroom Homes for Rent | $2,815 | $1,950 | $3,900 |
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 508 W White in the Downtown Champaign neighborhood priced from $555. Twin Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. Here is today’s list of the most affordable Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 508 W White | The Holiday | 1BR,1BA | $555 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $610 |
| Barrington | 1 Bedroom | 1BR,1BA | $685 |
Best Value Apartments for Rent in Monticello, IL and Nearby
As of March 25, 2025 the best value apartment in the Monticello area is the $1.29 price per square foot 2BR/1.5BA Town Model at Colony West in the starting from $1,500. The second greatest value Monticello apartment is the 706 Inverness Dr Model at Prestwick Point starting at $1,300 with a $1.16 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. |
|---|---|---|---|
| Colony West | 2BR/1.5BA Town | 2BR,1.5BA | $1.29 |
| Prestwick Point | 706 Inverness Dr | 2BR,2BA | $1.16 |
| The Cove At Boulder Ridge | 2 bedroom 2 bath | 2BR,2BA | $1.23 |
| Wellington Place | 2 Bedroom | 2BR,1.5BA | $1.01 |
| Stonegate Village by Royse + Brinkmeyer | The Sandstone | 2BR,1.5BA | $1.23 |
| Park Vista | 1 bedroom | 1BR,1BA | $1.16 |
| Garden Court Apartments | 2 BR / 1 BA | 2BR,1.5BA | $1.09 |
| Barrington | 1 Bedroom | 1BR,1BA | $1.25 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $1.11 |
| 508 W White | The Holiday | 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 $3,400. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $650 to $3,900.
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 $3,900 with an average monthly rent of $1,733.
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 $960 to $3,400, 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.
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.
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.