Apartments for Rent in Monticello, MN

Prices and availability in Monticello, MN were last updated on 1 Oct 2026.

The best apartments in Monticello, MN are: 154 East Broadway, Monticello Crossings, Savanna Vista, Monticello Village and Country Club Villas.

The average rent in Monticello, MN is $1,696.

The price range for a studio apartment in Monticello, MN is between $175 and $2,225.

The price range for a 1-bedroom apartment in Monticello, MN is between $175 and $2,655.

The price range for a 2-bedroom apartment in Monticello, MN is between $175 and $2,235.

The price range for a 3-bedroom apartment in Monticello, MN is between $1,985 and $2,635.

In Monticello, 35% of the residents are renting compared to 65% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 16% of Monticello's rentals, 57% are small-scale complexes with under 50 units, and 21% are single-family rentals.

The average age of rental buildings in Monticello is 5 years old, with all being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, 12% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Monticello come in a range of sizes and floorplans. Studio apartments represent 6% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 34% of the total apartments in the city, while 2-bedroom floorplans represent around 52% of all rentals in Monticello. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.