What is the average apartment size in Monticello?

The average size for a Monticello, MN apartment is 1,018 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Monticello?

As of Mar / 2026, the average rent in Monticello is $1,750 per month, a 6.9% increase from last years average of $1,637.

What is the average apartment size in Monticello?

The typical apartment in Monticello offers about 1,018 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Monticello, MN Rental Market Trends

Q: What's the typical rent budget in Monticello?

The typical rent budget in Monticello ranges from $1,501 to $2,000 per month, with 67% of rentals in this range.

Q: Do most people rent or own in Monticello?

In Monticello, 35% of households rent while 65% own their homes, based on the latest U.S. Census data.

Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Monticello is $1,750, a 6.9% increase compared to the previous year, when the average rent was $1,637.

One-bedroom apartments provide 799 square feet for $1,523, balancing privacy and affordability.

Two-beedroom units at $1,858 offer 1,120 square feet, perfect for roommates or small families.

Average rent in Monticello, MN

Last updated: April 23, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,750	1,018 sq. ft.
Studio	n/a	n/a
1 Bed	$1,523	799 sq. ft.
2 Beds	$1,858	1,120 sq. ft.
3 Beds	n/a	n/a

Monticello, MN rent trends

Rental prices in Monticello, MN have increased by 6.9% over the past year. The average rent moved from $1,637 to $1,750.

What's the typical rent budget in Monticello, MN?

The largest share of rentals in Monticello, MN (67%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Monticello, MN?

1,920 or 35% of the households in Monticello, MN are renter-occupied while 3,557 or 65% are owner-occupied.

How Monticello Compares to Other Cities

City	Average Rent
Monticello	$1,750
Minneapolis	$1,683
St. Paul	$1,526
Rochester	$1,663
Moorhead	$1,109
St. Cloud	$1,187
Mankato	$1,423
Bloomington	$1,698
St. Louis Park	$1,762
Edina	$1,848
Woodbury	$2,132
Plymouth, MN	$1,705
Coon Rapids	$1,521
Brooklyn Park, MN	$1,368
Maple Grove, MN	$2,189
Anoka, MN	$1,394
Elk River, MN	$1,553
Rogers, MN	$1,850
Annandale, MN	$1,590
Ramsey, MN	$1,919
Spring Park, MN	$1,720

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Monticello apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.