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Montgomery, MN Home for Rent

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    $1,900 Plus Fees

    • 4 Beds
    • 2 Baths
    • 1,739 Sq Ft
    • House for Rent

    204 3rd St NW, Montgomery, MN 56069

    Listed by Renters Warehouse Mankato is this newly updated 4 bedroom 1 3/4 bath home with single attached garage. This home is available June 1st. Some amenities include: Large fenced in backyard, storage shed, washer/dryer, CA & lots of storage space in basement. Main level of the home features all new flooring. $1900 + all utilities. Sorry no smoking or pets. Credit/background check required.

    (507) 765-0152

    204 3rd St NW, Montgomery, MN 56069

Why Live in Montgomery

Montgomery, Minnesota, is a rural town south of the Twin Cities, known for its Czech American heritage and small-town spirit. Dubbed the “Kolacky Capital of the World,” Montgomery celebrates its cultural roots with Kolacky Days every July, featuring a bike parade, bun-eating races, live music, and Czech dancing. The town’s lively downtown district, centered around First Street, boasts historical brick buildings, vintage signage, and a variety of locally owned shops and restaurants. Residents enjoy coffee at LaNette’s Coffee Shop, craft beer at Montgomery Brewery, and Czech pastries at Franke’s Bakery. Dining options include wood-fired pizzas at Pizzeria 201 and Mexican cuisine at Taco Terco. The town offers a mix of housing styles, from vintage homes dating back to the early and mid-20th century to modern builds in newer subdivisions. Streets are quiet and walkable, enhancing the small-town vibe. Outdoor enthusiasts can explore around 80 acres of green space across five community parks, including Northside Park and North Ridge Recreation Area, which features a 2-mile trail for hiking and skiing. Nearby lakes and state parks provide additional recreational opportunities. Montgomery National Golf Club offers a unique music-themed golfing experience. Public schools, such as Tri-City United Montgomery PreK-8 and Tri-City United High School, serve local students, while Most Holy Redeemer School provides a private Catholic education. Montgomery is approximately 55 miles from downtown Minneapolis and 50 miles from Minneapolis-Saint Paul International Airport, making it accessible for commuters.

Frequently Asked Questions

How much does it cost to rent a home in Montgomery, MN?
The median rent for a home in Montgomery, MN is $1,900 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Montgomery, MN?
To comfortably afford the median rent in Montgomery, MN, a household needs to earn roughly $76,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,900 per month in Montgomery, MN, renters typically need to show $5,700 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Montgomery, MN?
In Montgomery, MN, the price-to-rent ratio is 12.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Montgomery, MN

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,900
Median Single Family Home Rent
$1,900
How to Rent a Home