3

Monticello, MN Houses for Rent

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  • /18

    $2,350 Per Month

    • 3 Beds
    • 2 Baths
    • 1,776 Sq Ft
    • House for Rent

    6081 Bakken St, Monticello, MN 55362

    Welcome home to your 3-bed, 2-bath home on a spacious lot, ready for move-in today. Open kitchen with plenty of cabinets, cozy living area with built-ins, fireplace, and lower-level walkout. Two main-floor beds, one downstairs. Large deck perfect for summer lounging. Tenant covers utilities, lawn, and snow. $2,350/mo., $2,350 deposit, $45 app fee. 12 month lease. No pets. Credit, criminal &

    Lindsey Stewart Edina Realty, Inc

    6081 Bakken St, Monticello, MN 55362
  • /29

    $2,900

    Total Monthly Price

    • 4 Beds
    • 3 Baths
    • 2,648 Sq Ft
    • House for Rent

    9141 Leaf Cir, Monticello, MN 55362

    Nice single family home located on quiet cul de sac. Lots of living space with an open floor plan! Newer carpet throughout. Newer paint. Four bedrooms and three baths. Three car garage. Unfinished walk out basement. Must see! Tenant pays all utilities and is responsible for snow removal and lawn care. Deposit is one month's rent. Pets are allowed (two maximum) with a non refundable pet

    9141 Leaf Cir, Monticello, MN 55362
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    $1,900

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • House for Rent

    127 Jerry Liefert Dr, Monticello, MN 55362

    Enjoy convenient living at its finest in this beautifully maintained property! This warm and inviting home offers a spacious layout with large windows throughout, filling the space with natural light. Situated on a desirable corner lot, this home boasts a large backyard and a private patio area off the kitchen—perfect for relaxing or entertaining outdoors. Located near neighborhood parks,

    127 Jerry Liefert Dr, Monticello, MN 55362

Frequently Asked Questions

How much does it cost to rent a single-family home in Monticello, MN?
The median rent for a single-family home in Monticello, MN is $2,173 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 $85,000 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 $2,125 per month in Monticello, MN, renters typically need to show $6,375 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 13.7, 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 in Monticello, MN

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$2,173
Median 3 Bedroom Single Family Home Rent
$2,173
Median 4 Bedroom Single Family Home Rent
$2,900
How to Rent a Home