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Apartments for Rent in Monticello, MN under $700

Apartments for Rent in Monticello, MN under $700. 4 Rentals Available
4 Rentals Available
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  • Only 2 units left
    Studio $175+
    Base rent
    Verified Listing

    4.0 (8)
    154 East Broadway, Monticello, MN 55362
    Apply online
  • Ask for pricing
    Verified Listing

    4.0 (56)
    330 W. 6Th Street 605-209, Monticello, MN 55362
    Large Closets • Extra Storage

  • More Rentals Near Monticello, MN

  • 1 bd $556
    Base rent Income restricted
    Verified Listing

    5.0 (2)
    10730 175Th Avenue NW, Elk River, MN 55330
    Pet friendly • Parking • Fitness center
2-1-city

Frequently asked questions

When were prices and availability in Monticello, MN last updated?

Prices and availability in Monticello, MN were last updated on 22 Jun 2026.

What are the best apartments in Monticello, MN?
What type of rental buildings are in Monticello, MN?

In Monticello 35% of the housing is rented out compared to 65% of homes are owned, according to the most recent Census Bureau estimates. 16% of Monticello's apartments are found in large buildings of 50 units or more, 57% are located in smaller apartment complexes with less than 50 units, and 21% are single-family rentals.

Renting apartments in Monticello, MN under $700

Searching for apartments for rent in Monticello, MN under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Monticello, MN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Monticello, MN going for $175 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.