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Newest Home for Rent in Montrose, MN

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    $2,145

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,709 Sq Ft
    • New Construction! Brand New Unit! In our Preserve of Montrose Community.

    2121 Birch Ln, Montrose, MN 55363

    New Construction! Brand New Unit! In our Preserve of Montrose Community. Three bathrooms including a private primary suite, & 2 car garage. Home includes an upgraded kitchen with painted cabinets & crown molding, hardware, & trash pullout. Home also includes a fireplace in the living room, concrete patio & laundry closet upstairs. Full yard sod/irrigation! Pictures/colors/features are for

    2121 Birch Ln, Montrose, MN 55363

Frequently Asked Questions

How much does it cost to rent a home in Montrose, MN?
The median rent for a home in Montrose, MN is $2,145 per month, though prices vary by neighborhood, size, and property type. As of July 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 Montrose, MN?
To comfortably afford the median rent in Montrose, MN, a household needs to earn roughly $85,800 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 $2,145 per month in Montrose, MN, renters typically need to show $6,435 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 Montrose, MN?
In Montrose, MN, the price-to-rent ratio is 12.4, 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

Number of Homes for Rent
1
Median Rent
$2,145
Median Single Family Home Rent
$2,500
Median Townhouse Rent
$2,145
How to Rent a Home