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Newest Homes for Rent in Monticello, MN

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  • /40

    Starting at $1,334

    Total Monthly Price

    • Studio - 2 Beds

    212 Locust St, Monticello, MN 55362

    Enjoy your home at this recently built community located in the heart of downtown Monticello! Rivertown is walkable to the community center, shopping, entertainment and restaurants. You will love the stainless steel appliances, central a/c, screened porches and underground parking. This property is also within walking distance to the Mississippi River, Monticello Middle School, local restaurants

    Rivertown Apartments

    212 Locust St, Monticello, MN 55362
  • /34

    Starting at $1,120

    Total Monthly Price

    • 1 - 2 Beds

    700 7th St E, Monticello, MN 55362

    Experience the charm of country-quiet living with the convenience of being close to downtown Monticello and I-94. Spanning over 120 apartments, our flagship property, The Bluffs, offers beautifully updated features, including stone countertops, on-site laundry, and outdoor amenities including a patio and picnic area. Professionally managed and maintained, this pet-friendly community welcomes both

    The Bluffs

    700 7th St E, Monticello, MN 55362
  • /24

    Starting at $1,536

    Total Monthly Price

    • Studio - 3 Beds

    2205 Meadow Oak Ave, Monticello, MN 55362

    Home sweet home. You can choose from one of our studio, one, two, or three bedroom floorplans. At Monticello Crossings, your new apartment will feature gorgeous granite countertops, kitchen islands, and stainless-steel appliances for 5-star dining right at home. Our units are also climate controlled, and come equipped with an in-unit washer & dryer for maximum convenience.Endless recreation,

    Monticello Crossings

    2205 Meadow Oak Ave, Monticello, MN 55362
  • /37

    Starting at $1,385 Plus Fees

    • Studio - 2 Beds

    9277 NE Edmonson Ave, Monticello, MN 55362

    Welcome to Savanna Vista - the newest upscale apartment community in Monticello. The three-story buildings offers studio, one, and two-bedroom layouts with below-ground parking and a central elevators to ensure convenience and comfort for all residents. Offering a variety of unbeatable amenities, our apartments set a new standard for refined living. Enjoy the peace and quiet of your home while

    Savanna Vista

    9277 NE Edmonson Ave, Monticello, MN 55362
  • /23

    Starting at $1,440

    Total Monthly Price

    • 2 Beds

    407 E 7th St, Monticello, MN 55362

    Situated conveniently off I-94, 407 E. 7th Street is in close proximity to several national chains such as Target, Home Depot, and many dining options. Additional retail and dining options are available at the Albertville Premium Outlet Mall, just minutes away. The buildings fully renovated units feature large kitchens with stainless-steel appliances (dishwashers as well), in-wall AC units,

    Marywood Apartments

    407 E 7th St, Monticello, MN 55362
  • /11

    Starting at $1,561

    Total Monthly Price

    • 1 - 2 Beds

    727 Minnesota St, Monticello, MN 55362

    35 miles northwest of Minneapolis lies the peaceful and cozy community of Monticello Village Apartments with its expansive green spaces, lakes, and ponds to enjoy all that the outdoors have to offer.Our spacious one- and two-bedroom apartments feature eat-in kitchens, granite countertops, and ample storage with large walk-in closets. Retreat into your own private balcony or patio for some fresh

    Monticello Village

    727 Minnesota St, Monticello, MN 55362
  • /2

    $1,950

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,600 Sq Ft
    • House for Rent

    5824 Spirit Hills Rd, Monticello, MN 55362

    Introducing the perfect home for those seeking comfort and convenience - the 3 br 3 bath end unit in Spirit Hills, located in the desirable Monticello, MN. This spacious townhome offers three bedrooms and two and a half bathrooms, providing ample space for relaxation and privacy. The end unit location ensures abundant natural light and a sense of tranquility. With an attached double garage,

    5824 Spirit Hills Rd, Monticello, MN 55362
  • /14

    $2,595 Plus Fees

    • 5 Beds
    • 2 Baths
    • 2,274 Sq Ft
    • House for Rent

    4660 Country Cir, Monticello, MN 55362

    Welcome home to this beautifully maintained 5-bedroom, 2-bath home in a quiet Monticello neighborhood. Thoughtfully updated throughout and exceptionally cared for, this home offers the perfect combination of modern finishes, generous living space, and a location you'll love.The bright and functional main level features updated laminate flooring, spacious living areas, and a well-designed

    4660 Country Cir, Monticello, MN 55362
  • /24

    $1,985

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,566 Sq Ft
    • Condo for Rent

    9205 Orchard Cir, Monticello, MN 55362

    Charming 3-Bedroom End-Unit Townhome in MonticelloEnjoy comfort and modern living in this beautifully maintained townhome located in a desirable Monticello neighborhood with direct access to scenic walking trails. As an end unit, this home is filled with natural light thanks to its additional windows, creating a bright and welcoming atmosphere throughout.The open-concept main

    9205 Orchard Cir, Monticello, MN 55362
  • /16

    $2,841

    Total Monthly Price

    • 5 Beds
    • 2 Baths
    • 2,100 Sq Ft
    • House for Rent

    4367 87th St NE, Monticello, MN 55362

    This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 5 bedrooms, 2 bathrooms, and approximately 2,100 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage — a program designed to support your rental journey.

    4367 87th St NE, Monticello, MN 55362
  • /40

    Starting at $1,650 Plus Fees

    • 2 Beds

    10715 Tee Box Trail, Monticello, MN 55362

    ChatGPT said:Country Club Villas offers 60 thoughtfully designed rental twin homes tailored for comfort, convenience, and low-maintenance living. Each home features a private entrance, single-level open-concept layout, two bedrooms, two bathrooms, and a spacious two-car garage—all within a peaceful, well-kept community ideal for those seeking a simpler lifestyle.We're excited to announce that

    Country Club Villas

    10715 Tee Box Trail, Monticello, MN 55362
  • /17

    $2,000

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,454 Sq Ft
    • House for Rent

    6960 91st St NE, Monticello, MN 55362

    3 spacious bedrooms2 full bathroomsWalkout lower levelPrivate backyard surrounded by mature treesEasy access to I-94Open-concept living and dining areaAmple storage throughoutQuiet neighborhood with nearby shopping, dining, parks, and schools

    6960 91st St NE, Monticello, MN 55362
  • /18

    $2,195

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • Townhouse for Rent

    6984 91st St NE, Monticello, MN 55362

    Experience comfortable living in this spacious and well-maintained 3-bedroom townhome, perfectly situated in a desirable Monticello neighborhood. With an inviting layout, modern conveniences, and low-maintenance living, this home is ideal for those looking for both comfort and convenience.The bright, open living space features a cozy fireplace, creating the perfect place to relax or

    6984 91st St NE, Monticello, MN 55362
  • /7

    Starting at $1,250 Plus Fees

    • 2 Beds

    919 Golf Course Rd, Monticello, MN 55362

    Westcello Apartments

    919 Golf Course Rd, Monticello, MN 55362
  • /19

    Starting at $1,330 Plus Fees

    • 1 - 3 Beds

    1255 Edmonson Ave NE, Monticello, MN 55362

    2 bed 2 bath -(RLNE6749926)

    Deephaven Apartments

    1255 Edmonson Ave NE, Monticello, MN 55362
  • /15

    Starting at $1,265 Plus Fees

    • Studio - 3 Beds

    101 W Broadway St, Monticello, MN 55362

    Block 52 Apartments are brand new apartments in the heart of Monticello! Walking distance to many shops, restaurants and amenities. INTERNET AND UNDERGROUND PARKING INCLUDED WITH MOST UNITS. Walk out your door and enjoy West Bridge Park overlooking the Mississippi River and its trails. Rooftop patio and community room with amazing views for all residents to enjoy!

    Block 52

    101 W Broadway St, Monticello, MN 55362

Frequently Asked Questions

How much does it cost to rent a home in Monticello, MN?
The median rent for a home in Monticello, MN is $1,992 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Monticello, MN?
To comfortably afford the median rent in Monticello, MN, a household needs to earn roughly $79,680 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 $1,992 per month in Monticello, MN, renters typically need to show $5,976 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 Monticello, MN?
In Monticello, MN, the price-to-rent ratio is 14.7, 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

Number of Homes for Rent
16
Median Rent
$1,992
Median Single Family Home Rent
$1,998
How to Rent a Home