14

Studio Apartments for Rent in Monticello, MN

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  • /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

    (320) 227-4683

    9277 NE Edmonson Ave, Monticello, MN 55362
  • /40

    Starting at $1,295

    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

    (763) 878-8339

    212 Locust St, Monticello, MN 55362
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    Starting at $1,441

    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

    (763) 878-8143

    2205 Meadow Oak Ave, Monticello, MN 55362
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    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

    (763) 314-4295

    101 W Broadway St, Monticello, MN 55362

Why Live in Monticello

Monticello, MN, located between the Twin Cities and St. Cloud, offers a convenient lifestyle with easy access to Interstate 94, Highways 25, and 10. Known for its low tax rates in Wright County, Monticello maintains a small-town vibe while providing a lively arts scene through initiatives like MontiArts, which features over 30 art tour stops and community events such as a glowing art parade. The city also boasts entertainment options like River City Extreme and Emagine Movie Theatre. Housing in Monticello is diverse, ranging from '70s split-levels and traditional ranches to larger Craftsman homes, with a median sale price around $350,000. Monticello High School is highly rated, placing in the top 25% of public high schools in the state. Outdoor activities are abundant with parks like Ellison Park, offering playgrounds, picnic areas, and walking trails, while Athletic Park caters to sports enthusiasts with facilities for soccer, baseball, and disc golf. Dining and shopping are conveniently located along Highway 25, featuring popular spots like Bluestone Grill and Cornerstone Café & Catering. For healthcare, CentraCare Monticello medical center is accessible via public transportation. With its blend of community spirit, practical amenities, and cultural activities, Monticello provides a balanced and engaging environment for residents.

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 $1,900 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
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 $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 Monticello, 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 Monticello, MN?
In Monticello, MN, the price-to-rent ratio is 15.4, 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 Monticello, MN

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,900
Median Single Family Home Rent
$1,950
Median Townhouse Rent
$1,900
How to Rent a Home